Respect for large numbers - is the financing feasible?

And what do you want with 170sqm? Finally realize your dream of a billiard room, home theater, or shisha lounge?


Do you know this one? A banker and an architect meet.... and what comes out? A way too big house

Make it smaller!

Haha, that one’s really not bad!

Ok, maybe I should have mentioned, I have a son who lives with his mother about 150km away but of course comes to visit regularly. He would also get a room. Still, 170sqm is a bit big, I admit. But you never know what might happen? With your own house, you basically create the living space for the rest of your life...

Thanks anyway for the food for thought. The general opinion seems to be that financially it is feasible (there is always risk), and the question is rather whether it is exaggerated in terms of size and one should minimize the risk by having an overall smaller volume for the project...

I have a son who lives with his mother about 150km away, but of course he visits regularly. He would also get a room.

Then he'll just get 15 sqm... about 4 children's rooms fit into 170 sqm.

However, don't underestimate women - not everyone wants to move into a made bed.

It is indeed a bit strange that a bank employee is asking about the feasibility of the financing... Due to the high net income and available liquid equity, the financing is certainly possible. I can also understand your idea of building a floor plan house rather than a small "single apartment." With the financial background, on the one hand, you have wishes that you can realize; on the other hand, if you ever have to sell the floor plan house, you will probably get a reasonable price for it in the next few years due to the location. So it seems to be a relatively low risk. Surely, your sole net income is secured in case of loss through disability insurance, accident insurance, etc.

So I still don't understand the house calculation. 400k for the property and 450k for the house equals 850k for me. But he wants to finance 950k in total. Where do the remaining 100k come from? And someone like that is really a bank employee?

I still don't understand the house calculation. 400k for the land and 450k for the house adds up to 850k for me. But he wants to finance 950k in total. Where are the remaining 100k? And someone like that is really a bank employee?

Probably in the additional costs.

With your own house, you basically create the living space for the rest of your life...

And that brings me to the question of whether there are no suitable rental properties? Then you don't burn so much money on all the additional costs, remain debt-free, liquid, and flexible.

Otherwise, you can sell or rent houses.

@Soroko: According to the first post, the 950,000 euros also include additional costs, external location, and "etc." So all sorts of things can be included.