How To Own A €500000 House In Germany | Ajay Dhingra

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#financingrealestate #ajaydhingra #gharingermany #realestateingermany #mortgageingermany

How much salary do you need to finance a 500k house? This is a question I regularly get asked in some shape or form.

Interest rates have skyrocketed in 2022 and a lot of people who thought of buying last year might not be able to afford it this year. the question is how much salary do you really need to afford a €500,000 house - let's have a closer look.

My name is Ajay and in this channel I'm going to show you how to buy a house here in Germany.

Of course every situation is different and every home loan financing is individual - so in this video I will generalise a bit in order, to make it understandable for all of you. If you want to know what's possible for you or which bank works best for you, please get in touch with me. I've provided the link to a contact form below. Consultation is free of charge for you and we will go into the requirements you have on very individual basis.

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Thanks for the video! Very helpful and great explanation!

rosj
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Is this an opportune moment to invest in stocks? What's the expected recovery timeline? I understand that many people believe equities are currently undervalued. However, there are strategies in play in this market that aren't easily accessible to the average person. Should I consider alternative investment options that may be more suitable for me?

GhanYt
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I understand everything clear, more videos

ernestyeboah
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Quite clear and easy to understand thanks for the video

ankitkhare
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Thanks for the informative video. You said it right but wrote it wrong.

500.000x6/12 =/= 500.000x0.06/12 = 2500€

AjayDubey
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Hello, thanks for your effort. For 100% finance from bank is a PR mandatory. Have you come across any cases where blue card holder gets 100% loan

Craft_Zone
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Hi Sir, i want to buy a flat where as the tenants are staying since 2014 and owner or agent is not informed to vacate .is it okay to buy and I can move in or any other risk factors are there .please suggest me on this.Thanks in advance

mahendranaramala
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500.000 Euro loan and 2500 euro EMI means around 16-17 years on loan? Really possible? Or is it like car interest rate for example BMW offer loan on 30 K car where you pay around 450 pm for 4 year and in the end some 15 K for example.. how house loan work? Do they ask for full payment as EMI or something like 10 year loan on (500.000 euro - X ) amount and pay X at the end of 10 years..

ProjectLighting-hm
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Hi. How many years should you pay for the EMI of 2500euros? Thank you.

katrisznaranjo
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Can you really buy an apartment for EUR 500 pm per 100k. I.e eur 1.500 for a 300k apartment? How long will the EMI last?

rudys
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Nice video Ajay 👍. How about the visa status? If husband and wife both earning but only husband has PR and wife is on dependent visa. How it will work out ? Does her salary counted for the total household income?

DesiImGermany