pahauck
2009-11-25 13:09:07
- #1
Hello dear forum members,
the following concern:
We would like to build a house and have it 100% financed.
Together we have a net income of 3700.- Euro.
The house costs a total of 304,000,- € including notary, land transfer tax, etc.
The installment would amount to 1,399,- € with an initial repayment of 1 %.
The interest rate would be effectively 4.44 %.
What do you think of this idea? Too risky or still within the realm of feasibility?
Thanks and regards
Patrick
the following concern:
We would like to build a house and have it 100% financed.
Together we have a net income of 3700.- Euro.
The house costs a total of 304,000,- € including notary, land transfer tax, etc.
The installment would amount to 1,399,- € with an initial repayment of 1 %.
The interest rate would be effectively 4.44 %.
What do you think of this idea? Too risky or still within the realm of feasibility?
Thanks and regards
Patrick