Caspar2020
2017-04-20 11:05:16
- #1
That is our current income. However, with the purchase, my wife would increase to a full-time position at the next half-year, and then we would have €6000.00.
That is something the bank does not evaluate right now. Also, you requested a maximum rate of €1300.
I already showed you at the beginning why that can't work, or rather, why the bank will require a certain repayment. So rate + ancillary house costs at €2000.
Nevertheless, you should go to banks or financial brokers to have the whole thing calculated concretely and to check what they offer you.
But only 10 years? By then, the subordinated loan will just be paid off. Not really much repaid on the rest. So it does not really sound like a healthy financial concept.
Furthermore, there can be problems again with the loan-to-value ratio.
If you want to go that route, you should end up with a concept or sign something that offers you interest rate security for a longer period, and all banks charge for that.