Quick Check of Construction Financing Conditions

15k own contribution

Just a side question: What own contributions have you planned? Those are only labor costs. We have calculated €20,000 and have done very, very much or are still doing a lot even after moving in. I don't remember the other thread anymore, but do you think you can manage that?

So not such good conditions with negative equity...

We only want a house NOW...

I don’t know whether the total loan amount is realistically around 200-300k from the banks for us or even about 400k?

Quite an interesting development... now it’s supposed to be even 500k and equity is conjured out of thin air. I wish you good luck!

: These are only estimated costs from the home's provider for the work on walls and floors, that's how it's stated, I also think it's actually worth less :)

: Thanks - yes... we hope that we have now taken into account from the outset the typical 10-20% by which every construction project ends up being more expensive.

How many percent do you want to repay, or how high should your rate be?

1,500 per month in installments. The repayment rate then consists of the repayment of the KFW + annuity loan.

Did I calculate correctly that this would initially be 1.9%? I find that borderline.