Question about variant B: Do you have a current offer for this? The interest rate offer is very good. May I ask which framework (equity ratio, loan-to-value) was used here?
We recently decided on 20 years, for the simple reason of being independent of market developments. Depending on what happens, the pain over the term can also turn into relief ;)
Yep, we have both as a concrete offer.
By the way, we will almost certainly take the 20-year offer.
Our equity ratio is quite good, as we can easily contribute €150k and already have an 850 m² plot, which even conservatively is valued at over €200k. We are taking out a private loan of €80k.
Then the costs for the house are €330k plus the basement €65k and then a bit more around that, which is quite reasonable.
As correctly assumed, we deliberately chose the €399,900 (on the finance broker’s advice). We set the total costs in the loan somewhat lower (€700k including €250k for the land), but for that we also "mathematically" have to invest less equity.
Overall, the house construction will be somewhat more expensive than these calculated €450k, but we have that equity left over.
Was that described reasonably understandable?
: I can’t send you a message. We are planning a construction in the northwestern corner of the Rheinisch-Bergischer district.