Fritsch
2021-01-05 14:07:30
- #1
Hello everyone,
we want to build our single-family house in the middle of this year and are currently gathering information regarding construction financing. We share a household (unmarried), but the loan should only be taken out by one person. I have two general questions about the self-disclosure/asset statement for the banks:
1) In the self-disclosure, I would always state only half of the costs for joint expenses such as housing, groceries, and similar; for individual expenses like clothing, insurance, etc., of course, the full costs. Is this correct and will it be accepted by the bank?
2) How does the bank consider the future "new" incidental costs for the single-family house? I have read approximately 3-4€ per sqm. Will these be counted by the bank only at half against the income of the future borrower since the house will be lived in by two people?
The plot is already available and is 100% attributed to the borrower.
Thank you in advance for the help.
PS: Happy new year
we want to build our single-family house in the middle of this year and are currently gathering information regarding construction financing. We share a household (unmarried), but the loan should only be taken out by one person. I have two general questions about the self-disclosure/asset statement for the banks:
1) In the self-disclosure, I would always state only half of the costs for joint expenses such as housing, groceries, and similar; for individual expenses like clothing, insurance, etc., of course, the full costs. Is this correct and will it be accepted by the bank?
2) How does the bank consider the future "new" incidental costs for the single-family house? I have read approximately 3-4€ per sqm. Will these be counted by the bank only at half against the income of the future borrower since the house will be lived in by two people?
The plot is already available and is 100% attributed to the borrower.
Thank you in advance for the help.
PS: Happy new year