What is possible at all?

  • Erstellt am 2016-03-03 17:31:54

Legurit

2016-03-03 21:53:56
  • #1
My goodness... you really are dramatizing. With 5.1 net, you can build whatever you want. Just see if you can put aside a little more for a few months - like 1000€+ - and see how that feels.
 

Masipulami

2016-03-03 22:00:00
  • #2
Clearly, the net amount is very good. Nevertheless, it should be allowed to question why nothing was ever saved and whether they are willing to "cut back" in the future.

With similar equity ratios, we were able to set aside €2,000 - €2,500 each month and certainly did not live badly. Spending €5,000 or more a month is something you have to be able to do first.
 

Steffen80

2016-03-03 22:17:51
  • #3
I clearly agree with the majority here. Income is good, but saving behavior so far is practically non-existent. There is basically only one good piece of advice: pay off the cars first and then save aggressively for a few years. 2000 EUR per month should be doable. This accomplishes two things: a) significant equity and b) learning/optimizing money management. I would definitely not build/buy this year or next. 2018 is also very likely still too early. It also makes sense to wait for the parental leave.

Best regards, Steffen
 

HilfeHilfe

2016-03-04 06:55:05
  • #4
Hello,

I would advise you against it at any time. If the wife also goes on parental leave and the income stops, things look grim. Anyone who doesn’t save anything with 5,100 net and finances 2 cars with the meager rent burden should seriously consider purchasing an existing property. We save about 1,000 with a similar income. However, we have 2 children, finance, and live very, very well.
 

Punica

2016-03-04 08:19:43
  • #5
The whole topic can be seen this way and that...
With your income, you have saved far too little, I think there is no two opinions about that.
On the other hand, you can easily handle it with your income (also during parental leave).
You just need to be aware that the really big vacations won’t be possible anymore.

If you really want the property, then go for it.
I would try to pay off all loans (consumer) first & then it should also be possible without any stomach aches.

Through the installment, you’ll automatically be disciplined to save, without the financial ground slipping away from under your feet.

Best regards
 

HilfeHilfe

2016-03-04 09:10:51
  • #6


Sorry, I’m struggling, but learning to save at 35 and 34 because of a property... There aren’t even any reserves to cover unforeseen expenses. New tires, accidents, but also something is wrong with the house (existing property = old = quirks)
 

Similar topics
04.11.2009Taking a loan for equity financing?19
08.07.2013Does the repayment fit the income? - Is financing feasible this way?14
15.11.2013Is financing with this income realistic? Experiences?11
17.06.2014House purchase planned at the beginning of 2015 - No equity41
05.10.2014Building a house without equity26
16.02.2015Financing with equity15
17.06.2015Building a house without equity or how does one proceed?14
02.02.2016It doesn't work without equity - experience!109
27.06.2018Is financing with low equity sensible?19
14.04.2016Home financing without equity. Is the financing amount too high?25
14.05.2016House purchase: Financing (with/without equity)24
15.05.2016Own home - Planning the property / Financing with income ok?22
25.05.2016Financing without equity - Repayment / Interest63
20.06.2016Experiences with income from self-employed individuals in financing?12
04.07.2016What to do with a lot of equity?17
15.07.2016Planning to build, is it realistic? Young + Equity53
29.08.2016Can we afford this? Income / Investment / Equity131
30.08.2016Construction financing 40,000€ equity, tied to a condominium29
10.01.2017Construction financing without equity capital, but with other liabilities36
06.05.2024Financial planning for new construction with good income and little equity81

Oben