Exactly, and for that I need to plan financially and test if it is possible. I don't want to accept an offer and then, after a year following the move, realize that despite a good salary I can only afford to live in one apartment. Frankfurt is simply very expensive.
I am roughly assuming a financing amount of 1.25m. The question is, would that be feasible with my salary? A monthly installment of 3,500 would give me a repayment period of 35 years with a 10-year fixed interest rate of 1%. For me, the numbers would work and the salary should also increase, but do banks agree to something like that? Is that realistic?
Short and concise answer: From a bank’s point of view: Yes From your point of view: You have to decide. Bad Homburg is always popular when bankers work in F. Otherwise, there are currently many excellent real estate projects in Europaviertel. However, these are "only" great condominiums – but central and international.
Yes, then just test it and rent for a year - to me that also reads more like "I'm making myself a problem because I otherwise have none." I don't see why someone would first worry about a loan for something that doesn't exist if they are not even in that situation.
Yes, then just test it and rent for a year – to me, that also sounds more like "I'm making a problem for myself because I otherwise have none." I don't see why you would even look into a loan for something that isn't the case, if you're not in that situation.
It's not that simple. I already own a house (with a loan) that I would have to sell, and I would also leave my current life behind. It's a big decision that only makes sense if I can improve my lifestyle. You can't just try that out, and it does make sense to plan something.