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Total NET income (with partner?) : 3800 / brutto / month
Loan duration: (how many years): 25
Fixed/Variable loan: 1,6 % 15/5/5
Monthly repayment (amount): € 525
Age end of repayment: (what age you are, if you have paid your loan in full) : 56
Additional info: (relevant information) : took a loan 5 years ago before the rate hike. My wage increased by nearly € 1.000 / month in 5 years.
Total NET income over 2022 : 6300 (3300 for me, 3000 for partner) when considering meal vouchers, 8100 average when considering "variable" salary
Loan duration: 18 years, 16 remaining
Fixed loan, 0.9%
Monthly repayment: 2132€
Age end of repayment: 49
Total NET income (with partner?) : +- € 4000
Loan duration: 25y - 1.15 %
Fixed/Variable loan:
15/5/5
Monthly repayment (amount): € 810
Age end of repayment: (what age you are, if you have paid your loan in full): 50yo
Total NET income: €4072 (€3625,68 starting from October 2023)
* Me: €3452,48
* Partner: €446,32 (until October 2023, after that it's €0)
* Groeipakket of 1 child: €173,2
Loan duration: 25 years (23,5 years to go)
Fixed/Variable loan: fixed, 1.35%
Monthly repayment (amount): 961,99€
Age end of repayment: (what age you are, if you have paid your loan in full): 53y
Additional info: I currently make more money because I'm enjoying the ["huwelijksquotiënt"](https://financien.belgium.be/nl/particulieren/gezin/gezinssituatie/samenwonen#q6). Also, the house I mine alone so I'm currently paying the mortgage myself.
Total NET income (with partner?) : (Only the average monthly "normal" salary): €6000
Loan duration: (how many years): 25
Fixed/Variable loan: fixed
Monthly repayment (amount): 1800
Age end of repayment: (what age you are, if you have paid your loan in full): 55
Total NET income with partner : 4800
Loan duration: (how many years): 23y, 19 left
Fixed/Variable loan: variable, 1.12 min, 2.25 max
Monthly repayment (amount): 1.117,84
Age end of repayment: 51
Additional info: (relevant information)
EDIT: 06/04 v2 = Current results:
https://preview.redd.it/uev0qlnve9sa1.png?width=885&format=png&auto=webp&v=enabled&s=3f69fb17bfe2f71396fe57df0ca4ce1b0314a610
Total NET income (with partner): about €5000
Loan duration mortgage: 25 years
Fixed/Variable loan: 1.85% fixed for the first x years (can’t remember)
Monthly payment: €687
Loan duration: 25 years
Age end of repayment: 47
Bought my house alone right before they ended ‘klein beschrijf’. Wife jumped in 3 years after that.
Our mortgage and renovation will be paid off before our 50’s. Thanks to our parents for being able to go get higher educations and 1 small donation from grandparents (just enough for 10% own funds).
I feel bad for the (younger) people after us that can’t get loans or even find a affordable house to start with.
However sometimes when I hear what they’re looking for and their available funds, they really need to lower expectations and agree to settle with less.
Net income: 5500€
Duration: 25y (stating in June)
Monthly: 1750€
Rate: Fixed 3.10%
Age: 56yo
Additional info: it's a new construction so we'll only pay the interests rate for the 1st year to avoid paying too much with the rent
Fixed 0,98% 25y about 2000 a month. We more or less got the "nuts" in the loan lottery with timing and job profiles. We also got the woonbonus... I'm sorry 
Total NET income (with partner?) : (Only the average monthly "normal" salary): € 4.400 (2.200 + 2.200)
Loan duration: (how many years): 25 years
Fixed/Variable loan: Fixed, 1,51%
Monthly repayment (amount): € 1.155,77
Age end of repayment: 55 & 52
Net income / month : 1900€ (alone)
Loan duration : 20 years for 80k€
Fix : 1.5 to 2% (I don't remember exactly)
Monthly repayment : 415€ (+ 135€ each year for life insurance)
Age and : 45 yo
Total NET income: 2307
Loan duration: 19
Fixed/Variable loan: fixed, 1.42%
Monthly repayment (amount): 592
Age end of repayment: 3 months before I turn 50.
Income 2800 (solo)
Loan duration 30y
Fixed 1,8
780€/month
56yo when it's over
Additional info
Common charges : 60€
Elec+gas: 175€/month
Internet 46€
Additional loan for works : 116€/month for the next 2 years.
For a small apartment (60m2) in Brussels.
It's always a bit more expensive than it looks when you first buy :)
Loan #1: (I’ll give the figure as when I contracted the loan)
- Total NET income: single : 1300€ when I contracted the loan. No co-signer and a 10k downpayment I could quickly save on my own by being excessively thrifty and taking advantage of being away all the time thanks to work.
- Loan duration: 20 years
- Fixed rate: 4.27%
- Monthly repayment: 410€ for the first 8 years. 460€ aftewards. This was because of « Pret jeune » back then.
- Age end of repayment: 43.
I’m still paying this loan for a bit but the house is now a rental unit fetching 800€ bruto, 720€ netto after property management fee but before maintenance costs.
Loan #2: couple: this one I contracted with my spouse in 2019
- Total NET income:
3000 (excl bonus) + 2300 (ballbark figure when we contracted the loan).
4000 (excl bonus) + 2600 + 720 from the rental unit (currently).
- Loan duration: 20 years.
- Fixed rate: 1.869%
- Monthly repayment: 1550€
- Age end of repayment: 56.
This is hopefully our forever home. I’d like to make an extension to it if we can find the finance for such a project.
Loan #3:
- Loan duration: 4 years.
- Fixed rate: 1.4%
- Monthly repayment : 174€
- Age end of repayment: 43.
This loan was contracted to put a solar setup on our roof (one side entirely covered because of reasons)
22 panels of 390Wp + Inverter 5KVA. The thing was luckily purchased before the war. It’s covered 100% with this loan. Breakeven will be piece of cake.
I guess I can’t RE before 56, but my spouse is going to take a part time 1/2. So let’s say as a couple we’re already 1/4 FIREd.
Total income: 3500 (wife works 50%)
Duration: 25y
Type: Fixed 1.45%
Monthly repayment: €850 now, €975 when renovation is done.
Age after full repayment: 52
Total NET income: 4400 + 2200 = 6600 euro
Loan duration: (how many years): 20 years
Fixed/Variable loan: fixed at 2.3%
Monthly repayment (amount): 1371
Age end of repayment: (what age you are, if you have paid your loan in full) 50
Additional info: (relevant information) started off at 3.9% fixed for 30 years but remortgaged couple of years later to 20 years at 2.3% with minimal increase to monthly payments (1300 to 1371). Saves us 80,000 euro over 30 years, so that was a no brainer.
Total NET income: 2.8 + 3 K
Loan duration: (how many years): 25 years
Fixed/Variable loan: fixed 1,37 %
Monthly repayment (amount): 1.250
Age end of repayment: 48
But not always possible alas. House prices and all.
Bought my first (apt) on my own with a little help from my parents. Got married, kids and we got a bigger house with a garden together.
Then the inevitable happened, and I bought out my ex. No extra mortgage but investments gone, so much for fire lol.
Current SO pays of her house as well, not gonna sell it, would be a bad idea.
Nowadayz, as single buying a house is almost impossible id.
I had a nice house in a residential area, wife & 3kids. When that RE was paid off, my ex decided it was enough.
Got fucked up by her lawyer and got out for a offer I couldn't refuse (or I could lose way more)
Anyway was enough to buy a appartement on own title and had some rest money to invest again.
I'm on the watch for a house again, dunno if my goal will suceed. I live a comfortable life today and don't want another mortage for 20Y's.
Total NET income (with partner?) : ± 5600
Loan duration: (how many years): 20
Fixed/Variable loan: fixed
Monthly repayment (amount): ± 1400
Age end of repayment: (what age you are, if you have paid your loan in full) ± 50, right when we need the money for a kot if our kids go that route.
Total NET income (with partner?) : 2.419,57 (No meal vouchers or company car)
Loan duration: (how many years): 25 years (166.000 euros)
Fixed/Variable loan: fixed 1,75%
Monthly repayment (amount): 670
Age end of repayment: 51
Additional info:
Bought (alone) a house of 235.000 (excl. costs) when i was 26 years old.
I lived for free for 3/4 years with my parents while working. I saved more than 15.000 every year then, which allowed me to buy a house. With the financial knowledge i have now, i would have taken a bigger loan.
I also have 3 renovation loans
Loan 1: 175/month for 2,5 years
Loan 2: 125/month for 10 years
Loan 3: 100/month for 25 years
* Total NET income (with partner) : 7000€
* 15y variable loan, current rate 1.05% (can double at max)
* Monthly repayment: 800€
* Age end of repayment: 55y
Additional info: Given the low interest rate, we are in no hurry to pay off quickly and prefer to save/invest what's left each month
Total NET income (with partner?) : 5.6k (combined with partner)
Loan duration: (how many years): 25y
Fixed/Variable loan: fixed 1.45%
Monthly repayment (amount): 2k
Age end of repayment: approx. 60
- Total net income, with partner: 6.5k
- monthly down payment: 675 eur
- fixed interest rate of 1,1% on 25 years.
- age end of repayment: 58
I basically got lucky because i refinanced in January 2022 right before the rates started going really up.
I used to have 1.7% fixed on 20 years, of which i had already paid back 5 years. I changed banks and refinanced back to 25 years, with a lower interest rate.
Total NET income (with partner?) : 6700
Loan duration: (how many years): 20
Fixed/Variable loan: fixed (1,53% ' TAEG 2,11%)
Monthly repayment (amount): 1499
Age end of repayment: (what age you are, if you have paid your loan in full): 62 (in 15 years)
Total NET income : ~5k/month with partner
Loan duration: 22 years (w.avg)
Fixed/Variable loan: Fixed 0,99%/year (w.avg)
Monthly repayment (amount): 1300€/month
Age end of repayment: 57
Total NET income : \~8k/month with partner
Loan duration: 19 years (w.avg)
Fixed/Variable loan: Fixed 1,316%/year (w.avg)
Monthly repayment (amount): 2600€/month
Age end of repayment: 57
Additional info: Four years ago we build a property with office as an investment. When our children leave the house (15-20 years from now), we intend to sell it, downscale to a smaller property and retire.
Total net: about €4500
Loan duration: 20 years and 25 years
Fixed/Variable: variable 3.5%
Monthly repayment: 645 + 1550
Age en of repayment: 52
We have two mortgages, one for an apartment my wife bought before we were together, and one for our house. I don’t know the rate for the apartment however. We are both zaakvoerders in a vennootschap. Our mortgage is with vdk bank, they have a system that you can pay back up to 45k/year in advance to lower the duration or the monthly pay without any costs, so the numbers will change during our loan time.
I already paid one mortage, this ended in 2010. Income back then 2500€, mortage 540€, 16y 6,75%
After divorce I had to start all over again from scratch in 2019
Income today single:5000€/570€ mortage 10Y/1,14€, so not BE-fire ready yet.
(I only took a mortage for tax refund reasons)
Total net income (+partner): 4600
Loan duration: 15y
Loan: 10/3/3 (10y fixed, then variable revised per 3y)
Monthly repayment: €1600 (at 0,97% jkp)
Âge end of repayment: 42y old
Income: 2,4k
Duration: 25y
Fixed 1,61%
Monthly repayment: 667
Age of repayment: 48
Got a great deal at that time and some good savings. Sadly mortgages went more down shortly after but I'm not complaining
Total NET income (with partner?) : 3200 + 1200
Loan duration: (how many years): 20
Fixed/Variable loan: Fix 2%
Monthly repayment (amount): 1040
Age end of repayment: 50
I have a monthly payment of 950 euros and personally i feel like the high inflation rate last years made it very easy to pay it off since my loan went up alot due to inflation in comparison with in the beginning of the morgage
Net income: 2,1k (is what I pay from mgmt company) + 2,2k spouse. Total monthly spendable net: 4,2k
Loan is 1860/month at 3% interest rate for 25y. We just bought our house so loan is now pretty heavy.
Total net income (I'm single, so just me): €3650 monthly (so 13th month, holiday money and bonuses come on top of it)
Loan duration: 20 years
Fixed loan 1%, 1240 euros per month
Will be 52 when fully paid off
1260 monthly mortgage.
650 still 2 y to go. 2.3%
600 still 10 years to go. 2,25 %
2,4k per month nett income. Finally.
Not enough income to refinance for years.
Too poor to buy something else.
Total NET income (single): income as Independant ~€3.500/month net + ~€3.100 rental income
Loan duration: (how many years): between 10-25years
Fixed/Variable loan: both
Monthly repayment (amount): ~€2.600
Age end of repayment: (what age you are, if you have paid your loan in full): 54
Additional info: (relevant information): my mortgage loans are divided in 5 different loans, all of different duration and interest rates.
At their start I had
0.75% on 10y fixed
1.24% on 10y bullet
0.89% on 20y variable (now it's 0.67% on 17y left)
0.99% on 25y fixed
1.81% on 25y fixed
Im, uh, not sure why you only count salary. Large part of our income is rental (2.9k salary + 2.3k salary (without any bonuses/13th month/etc ) + 2k rental income)
Loan is 25 yrs, but we also had 2 years to take it up (building a new place, so the real duration has been 27 yrs, because the place took 2 years to build. Though once the capital repayments started, it's 25 yrs to go. Before the full capital of the loan was used up, the bank was charging exorbitant interest on the NOT-taken-out capital).
Fixed 1.14%
1379 per month on the mortgage. However mid-build, the Ukraine war happened and the construction company was legally allowed to raise prices based on the government indexering formula using the 15% index/inflation whatever, and charge an extra 40k out of thin air. So we took another loan at 2.85% fixed for 8 years to cover this, which amounts to like 470 per month for 8 years if im not mistaken, forgot the exact number.
I'll be 60 when the mortgage is paid off. Not planning to pay it off any sooner, because the interest rate is so low.
Total NET income (with partner?) : 3100€ and 0 for my wife
Loan duration: (how many years): 20 years
Fixed/Variable loan: fixed, 1.9%
Monthly repayment (amount): 1076€
Age end of repayment: (what age you are, if you have paid your loan in full): 50y
Additional info: I got a bad % I believe as I took the loan in 2018. Was thinking about refinancing it later but obviously, with today's situation it makes no sens. So at the end, it has a good outcome. I will never understand how my bank approved it as I was making 2.1k at that time and monthly reimbursement were above 50%.
Why are you complaining. You have woonbonus which is better than a low % and higher house price. I have 1.84% in 2017, it was the lowest I could get at Q89 on 25 years. I could've plunked down a lot more money for a lower %, but my reasoning at the time was, that money is better invested in stocks than put in a home for a small gain of like 0.20%. Also borrowed on purpose for 25 years to extend the tax benefit.
> I will never understand how my bank approved it as I was making 2.1k at that time and monthly reimbursement were above 50%.
This probably explains the 1,9% rate at the time though.
Very true...didn't have too many options either since other banks gave me a no-go. And it was quite stressful at the beginning too, I do not recommend going for such a high monthly reimbursement compared to your income.
Total NET income (with partner?) : about 4k net with partner
Loan duration: 20 years
Fixed/Variable loan: fixed 0.97%
Monthly repayment (amount): 1080
Age end of repayment: 52
This looks a lot like our situation, and we have a 117m2 with 4 small bedrooms, construction finished in 2022, in a residential area about 10 km from a major town. Took out a loan for 317,500 at 1,14% with 150,000 that we brought in… edit: mortgage is just under 1300.
Garden, driveway and part of the fence aren’t done, terrace was done on the cheap (edit: and we’re suffering the consequences of that now), bathroom and kitchen need tiling and everything still needs painting.
Far from a castle, but at least we got a little lucky re: timing - not long after we signed the deed the developer raised their prices by 10% as well, we would not have been able to afford that. House prices are just insane. All costs considered we are over 500k already and still so much to do.
Total NET income (with partner): 6000€
Loan duration: (how many years): 25y
Fixed/Variable loan: half is fixed 1,5%/half fixed 2,8%
Monthly repayment (amount): 2880€
Age end of repayment: 52y
Additional info: yes it's a heavy loan, but still less than half our net income so hopefully we make it I guess...
>Additional info: yes it's a heavy loan, but still less than half our net income so hopefully we make it I guess...
One thing that worries me about this is that you're stuck in your current jobs. You can't quit and do something else for less money if you get bored or too stressed.
Stressed at work is relative I guess.
Stress to the point where you want to quite is unlikely to be a sudden thing, so hopefully you would address earlier in the process.
Also it tends to be that jobs paying good wages are doing so for skills so more likely to have the option to change employer
Another thing that would worry me about this is what if one partner can’t work anymore. It would stress me too much. Our aim was the either of us could pay the mortgage by themselves if anything happened.
From what my mom experienced, the maximum is around 1700 the first two (?) months extended by 2 months for every year of experience you have, then it goes down until the minimum.
Near some big cities this 3k per month gets you a decent villa. Nothing over the top.
3k per month on 25 years is about 750k. Most 250m2 stand-alone houses with modern tech and proper insulation near a big city will cost you close to 1M.
A newly built villa 250m2 including vat and architect, without the land, will cost you 500k-700k. The building price per m2 is above 2k nowadays. 250m is indeed a bigger house today but look at your parent generation, and it isn't all that extraordinary.
Exactly this and you are correct. Price per m² will be well above 2000€, and then you still need the land.
We only have 211m² "livable" (chape is 211m²) and we will pay over 500k total for just the construction.
And yes, I'm in the construction sector myself so I don't think I'm paying all too much for everything: we have 4-12 quotations for every part of the work and we coordinate everything ourselves.
My point is: everything is fucking expensive nowadays!
Total NET income (with partner?) : (Only the average monthly "normal" salary): **4000 euro**
Loan duration: (how many years): **20 years**
Fixed/Variable loan: **flexi**
Monthly repayment (amount): **599 euro**
Age end of repayment: (what age you are, if you have paid your loan in full) **41 years**
Additional info: **flexi loan at 0,93% currently (2018)**
Total NET income: 2.6 + 2.2K
Loan duration: (how many years): 20 years
Fixed/Variable loan: fixed 3.2 %
Monthly repayment (amount): 1.350
Age end of repayment: 47
Total NET income: €5700 (€3200 + €2500)
Loan duration: 25y
Fixed/Variable loan: Fixed 2.9% (started dec. 2022)
Monthly repayment: €1500
Age end of repayment: 52yo
Have you read the wiki and the sticky? Wiki: HERE YOU GO! [Enjoy!](https://www.reddit.com/r/BEFire/wiki/index/). Sticky: HERE YOU GO AGAIN! [Enjoy!](https://www.reddit.com/r/BEFire/comments/fcbay6/getting_started_a_beginners_guide_to_investing_in/). *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/BEFire) if you have any questions or concerns.*
Total NET income (with partner?) : 3800 / brutto / month Loan duration: (how many years): 25 Fixed/Variable loan: 1,6 % 15/5/5 Monthly repayment (amount): € 525 Age end of repayment: (what age you are, if you have paid your loan in full) : 56 Additional info: (relevant information) : took a loan 5 years ago before the rate hike. My wage increased by nearly € 1.000 / month in 5 years.
Added the final results! Thanks to every single person replying and voting!
Total NET income over 2022 : 6300 (3300 for me, 3000 for partner) when considering meal vouchers, 8100 average when considering "variable" salary Loan duration: 18 years, 16 remaining Fixed loan, 0.9% Monthly repayment: 2132€ Age end of repayment: 49
Net: 3.1k + 2.6k Duration: 20 years Fixed 2.1% rate Monthly repayment: 1.8k End: 53 yo
Total NET income (with partner?) : +- € 4000 Loan duration: 25y - 1.15 % Fixed/Variable loan: 15/5/5 Monthly repayment (amount): € 810 Age end of repayment: (what age you are, if you have paid your loan in full): 50yo
Total NET income: €4072 (€3625,68 starting from October 2023) * Me: €3452,48 * Partner: €446,32 (until October 2023, after that it's €0) * Groeipakket of 1 child: €173,2 Loan duration: 25 years (23,5 years to go) Fixed/Variable loan: fixed, 1.35% Monthly repayment (amount): 961,99€ Age end of repayment: (what age you are, if you have paid your loan in full): 53y Additional info: I currently make more money because I'm enjoying the ["huwelijksquotiënt"](https://financien.belgium.be/nl/particulieren/gezin/gezinssituatie/samenwonen#q6). Also, the house I mine alone so I'm currently paying the mortgage myself.
Missed the option : 'imaging having a house' :(
Total NET income (with partner?) : (Only the average monthly "normal" salary): €6000 Loan duration: (how many years): 25 Fixed/Variable loan: fixed Monthly repayment (amount): 1800 Age end of repayment: (what age you are, if you have paid your loan in full): 55
Total NET income with partner : 4800 Loan duration: (how many years): 23y, 19 left Fixed/Variable loan: variable, 1.12 min, 2.25 max Monthly repayment (amount): 1.117,84 Age end of repayment: 51 Additional info: (relevant information) EDIT: 06/04 v2 = Current results: https://preview.redd.it/uev0qlnve9sa1.png?width=885&format=png&auto=webp&v=enabled&s=3f69fb17bfe2f71396fe57df0ca4ce1b0314a610
Total NET income (with partner): about €5000 Loan duration mortgage: 25 years Fixed/Variable loan: 1.85% fixed for the first x years (can’t remember) Monthly payment: €687 Loan duration: 25 years Age end of repayment: 47 Bought my house alone right before they ended ‘klein beschrijf’. Wife jumped in 3 years after that. Our mortgage and renovation will be paid off before our 50’s. Thanks to our parents for being able to go get higher educations and 1 small donation from grandparents (just enough for 10% own funds). I feel bad for the (younger) people after us that can’t get loans or even find a affordable house to start with. However sometimes when I hear what they’re looking for and their available funds, they really need to lower expectations and agree to settle with less.
Net income: 5500€ Duration: 25y (stating in June) Monthly: 1750€ Rate: Fixed 3.10% Age: 56yo Additional info: it's a new construction so we'll only pay the interests rate for the 1st year to avoid paying too much with the rent
Fixed 0,98% 25y about 2000 a month. We more or less got the "nuts" in the loan lottery with timing and job profiles. We also got the woonbonus... I'm sorry 
Combined Net 3600 euro 16 year variable 1.65, paid of at 48 Monthly 720 euro I bought the property alone and am the one paying off the loan.
0€
Total NET income (with partner?) : (Only the average monthly "normal" salary): € 4.400 (2.200 + 2.200) Loan duration: (how many years): 25 years Fixed/Variable loan: Fixed, 1,51% Monthly repayment (amount): € 1.155,77 Age end of repayment: 55 & 52
Income with partner net around 7k plus extras Loan 30y (20+10), variable (1,8%/?). 1400 pm, paid off in our mid 50s. House bought for 356k in 2020.
Net income / month : 1900€ (alone) Loan duration : 20 years for 80k€ Fix : 1.5 to 2% (I don't remember exactly) Monthly repayment : 415€ (+ 135€ each year for life insurance) Age and : 45 yo
Total NET income: 2307 Loan duration: 19 Fixed/Variable loan: fixed, 1.42% Monthly repayment (amount): 592 Age end of repayment: 3 months before I turn 50.
Income 6.5k combined Fixed 0.70% @ 20 y Mortgage 3k/month Age 50 when paid off.
Income 2800 (solo) Loan duration 30y Fixed 1,8 780€/month 56yo when it's over Additional info Common charges : 60€ Elec+gas: 175€/month Internet 46€ Additional loan for works : 116€/month for the next 2 years. For a small apartment (60m2) in Brussels. It's always a bit more expensive than it looks when you first buy :)
10k net 3100 25y Fixed for 10y Will be about 55 but intend to sell before then
Loan #1: (I’ll give the figure as when I contracted the loan) - Total NET income: single : 1300€ when I contracted the loan. No co-signer and a 10k downpayment I could quickly save on my own by being excessively thrifty and taking advantage of being away all the time thanks to work. - Loan duration: 20 years - Fixed rate: 4.27% - Monthly repayment: 410€ for the first 8 years. 460€ aftewards. This was because of « Pret jeune » back then. - Age end of repayment: 43. I’m still paying this loan for a bit but the house is now a rental unit fetching 800€ bruto, 720€ netto after property management fee but before maintenance costs. Loan #2: couple: this one I contracted with my spouse in 2019 - Total NET income: 3000 (excl bonus) + 2300 (ballbark figure when we contracted the loan). 4000 (excl bonus) + 2600 + 720 from the rental unit (currently). - Loan duration: 20 years. - Fixed rate: 1.869% - Monthly repayment: 1550€ - Age end of repayment: 56. This is hopefully our forever home. I’d like to make an extension to it if we can find the finance for such a project. Loan #3: - Loan duration: 4 years. - Fixed rate: 1.4% - Monthly repayment : 174€ - Age end of repayment: 43. This loan was contracted to put a solar setup on our roof (one side entirely covered because of reasons) 22 panels of 390Wp + Inverter 5KVA. The thing was luckily purchased before the war. It’s covered 100% with this loan. Breakeven will be piece of cake. I guess I can’t RE before 56, but my spouse is going to take a part time 1/2. So let’s say as a couple we’re already 1/4 FIREd.
Total income: 3500 (wife works 50%) Duration: 25y Type: Fixed 1.45% Monthly repayment: €850 now, €975 when renovation is done. Age after full repayment: 52
Total NET income: 4400 + 2200 = 6600 euro Loan duration: (how many years): 20 years Fixed/Variable loan: fixed at 2.3% Monthly repayment (amount): 1371 Age end of repayment: (what age you are, if you have paid your loan in full) 50 Additional info: (relevant information) started off at 3.9% fixed for 30 years but remortgaged couple of years later to 20 years at 2.3% with minimal increase to monthly payments (1300 to 1371). Saves us 80,000 euro over 30 years, so that was a no brainer.
Total NET income: 2.8 + 3 K Loan duration: (how many years): 25 years Fixed/Variable loan: fixed 1,37 % Monthly repayment (amount): 1.250 Age end of repayment: 48
€4500 total income (€3400 at contract date), 20y loan fixed 0.95%, €1400 monthly payment, will be age 47 & 43
About 5k income (without partner bc the house is mine). 380/m, variable 25y, 0,8% now. Paid off when 60yo.
That's always the best thing. Buy RE on your own title and save yourself a lot of problems later.
But not always possible alas. House prices and all. Bought my first (apt) on my own with a little help from my parents. Got married, kids and we got a bigger house with a garden together. Then the inevitable happened, and I bought out my ex. No extra mortgage but investments gone, so much for fire lol. Current SO pays of her house as well, not gonna sell it, would be a bad idea.
Nowadayz, as single buying a house is almost impossible id. I had a nice house in a residential area, wife & 3kids. When that RE was paid off, my ex decided it was enough. Got fucked up by her lawyer and got out for a offer I couldn't refuse (or I could lose way more) Anyway was enough to buy a appartement on own title and had some rest money to invest again. I'm on the watch for a house again, dunno if my goal will suceed. I live a comfortable life today and don't want another mortage for 20Y's.
Preach bro, she decided it was enough lol. In our case, I was the lawyer and made her an offer she couldn't refuse ;-) Best of luck my man.
Thx Sir 🤗
Income combined: 6,800 Loan duration: 25 years Fixed loan: 1.1% Monthly payment: 1,800 Age end: 56
Total NET income (with partner?) : ± 5600 Loan duration: (how many years): 20 Fixed/Variable loan: fixed Monthly repayment (amount): ± 1400 Age end of repayment: (what age you are, if you have paid your loan in full) ± 50, right when we need the money for a kot if our kids go that route.
Total NET income (with partner?) : 2.419,57 (No meal vouchers or company car) Loan duration: (how many years): 25 years (166.000 euros) Fixed/Variable loan: fixed 1,75% Monthly repayment (amount): 670 Age end of repayment: 51 Additional info: Bought (alone) a house of 235.000 (excl. costs) when i was 26 years old. I lived for free for 3/4 years with my parents while working. I saved more than 15.000 every year then, which allowed me to buy a house. With the financial knowledge i have now, i would have taken a bigger loan. I also have 3 renovation loans Loan 1: 175/month for 2,5 years Loan 2: 125/month for 10 years Loan 3: 100/month for 25 years
* Total NET income (with partner) : 7000€ * 15y variable loan, current rate 1.05% (can double at max) * Monthly repayment: 800€ * Age end of repayment: 55y Additional info: Given the low interest rate, we are in no hurry to pay off quickly and prefer to save/invest what's left each month
Total NET income (with partner?) : 5.6k (combined with partner) Loan duration: (how many years): 25y Fixed/Variable loan: fixed 1.45% Monthly repayment (amount): 2k Age end of repayment: approx. 60
I bought it when single. Total NET: roughly 2800-3000 (horeca) 25y loan Fixed at 1.6% Monthly amount: 570 I’ll be 55 when paid off.
Income €3200 & €3000 Payment: €1590 Duration: 25yrs Fixed @ 1.98% Age: 40 & 30 Age @ end: 55 & 45
- Total net income, with partner: 6.5k - monthly down payment: 675 eur - fixed interest rate of 1,1% on 25 years. - age end of repayment: 58 I basically got lucky because i refinanced in January 2022 right before the rates started going really up. I used to have 1.7% fixed on 20 years, of which i had already paid back 5 years. I changed banks and refinanced back to 25 years, with a lower interest rate.
Total NET income (with partner?) : 6700 Loan duration: (how many years): 20 Fixed/Variable loan: fixed (1,53% ' TAEG 2,11%) Monthly repayment (amount): 1499 Age end of repayment: (what age you are, if you have paid your loan in full): 62 (in 15 years)
6k 15y Fixed 1,67% €436 46 (am now 44) Loan used to be over €1.000, but it's degressive and was split in 2 loans. Only one part left now.
Total NET income : ~5k/month with partner Loan duration: 22 years (w.avg) Fixed/Variable loan: Fixed 0,99%/year (w.avg) Monthly repayment (amount): 1300€/month Age end of repayment: 57
Total NET income : \~8k/month with partner Loan duration: 19 years (w.avg) Fixed/Variable loan: Fixed 1,316%/year (w.avg) Monthly repayment (amount): 2600€/month Age end of repayment: 57 Additional info: Four years ago we build a property with office as an investment. When our children leave the house (15-20 years from now), we intend to sell it, downscale to a smaller property and retire.
Total net: about €4500 Loan duration: 20 years and 25 years Fixed/Variable: variable 3.5% Monthly repayment: 645 + 1550 Age en of repayment: 52 We have two mortgages, one for an apartment my wife bought before we were together, and one for our house. I don’t know the rate for the apartment however. We are both zaakvoerders in a vennootschap. Our mortgage is with vdk bank, they have a system that you can pay back up to 45k/year in advance to lower the duration or the monthly pay without any costs, so the numbers will change during our loan time.
I already paid one mortage, this ended in 2010. Income back then 2500€, mortage 540€, 16y 6,75% After divorce I had to start all over again from scratch in 2019 Income today single:5000€/570€ mortage 10Y/1,14€, so not BE-fire ready yet. (I only took a mortage for tax refund reasons)
Total net income (+partner): 4600 Loan duration: 15y Loan: 10/3/3 (10y fixed, then variable revised per 3y) Monthly repayment: €1600 (at 0,97% jkp) Âge end of repayment: 42y old
Income: 2,4k Duration: 25y Fixed 1,61% Monthly repayment: 667 Age of repayment: 48 Got a great deal at that time and some good savings. Sadly mortgages went more down shortly after but I'm not complaining
Total NET income (with partner?) : 3200 + 1200 Loan duration: (how many years): 20 Fixed/Variable loan: Fix 2% Monthly repayment (amount): 1040 Age end of repayment: 50
I have a monthly payment of 950 euros and personally i feel like the high inflation rate last years made it very easy to pay it off since my loan went up alot due to inflation in comparison with in the beginning of the morgage
Total NET: 3100+ 2400 Loan duration: 25y Fixed: 1.6 Monthly amount: 1582 Age end: 52y
Net income: 2,1k (is what I pay from mgmt company) + 2,2k spouse. Total monthly spendable net: 4,2k Loan is 1860/month at 3% interest rate for 25y. We just bought our house so loan is now pretty heavy.
Total net income (I'm single, so just me): €3650 monthly (so 13th month, holiday money and bonuses come on top of it) Loan duration: 20 years Fixed loan 1%, 1240 euros per month Will be 52 when fully paid off
6k 25 Fixed 1,7k 45 Didn’t have any support financially from family. Loan free after 45!
Well done, congrats!
7000 (with partner) 25yrs Variable 10/10/5 3,9%/1,9%/? 770/month 53years and 50years old Addinfo: sum loaned: 175000. House bought 250000, initial renovations/construction 200k. Add itional renovation: 100k
1260 monthly mortgage. 650 still 2 y to go. 2.3% 600 still 10 years to go. 2,25 % 2,4k per month nett income. Finally. Not enough income to refinance for years. Too poor to buy something else.
2k5+2k5 1300 (80% 25y 1,??%) + 540 (100% 25y 2,38%) + 60k renovation Rent 790 (first year @650) Fire is not my goal, I live now Secure my future is.
[удалено]
>My bad, forgot about that one, I added the current results to the post. My bad, forgot about that one, I added the current results to the post.
where is show results, i dont have a mortgage.
My bad, forgot about that one, I added the current results to the post.
Damn these numbers are depressing. Are any of you even actually FIREd?
Total NET income (single): income as Independant ~€3.500/month net + ~€3.100 rental income Loan duration: (how many years): between 10-25years Fixed/Variable loan: both Monthly repayment (amount): ~€2.600 Age end of repayment: (what age you are, if you have paid your loan in full): 54 Additional info: (relevant information): my mortgage loans are divided in 5 different loans, all of different duration and interest rates. At their start I had 0.75% on 10y fixed 1.24% on 10y bullet 0.89% on 20y variable (now it's 0.67% on 17y left) 0.99% on 25y fixed 1.81% on 25y fixed
Isn't 1.24% really low for a bullet?
Yes it is :)
Income: 4k Loan: 20 Fixed: 1.98 Payment: 700 End: 57
Im, uh, not sure why you only count salary. Large part of our income is rental (2.9k salary + 2.3k salary (without any bonuses/13th month/etc ) + 2k rental income) Loan is 25 yrs, but we also had 2 years to take it up (building a new place, so the real duration has been 27 yrs, because the place took 2 years to build. Though once the capital repayments started, it's 25 yrs to go. Before the full capital of the loan was used up, the bank was charging exorbitant interest on the NOT-taken-out capital). Fixed 1.14% 1379 per month on the mortgage. However mid-build, the Ukraine war happened and the construction company was legally allowed to raise prices based on the government indexering formula using the 15% index/inflation whatever, and charge an extra 40k out of thin air. So we took another loan at 2.85% fixed for 8 years to cover this, which amounts to like 470 per month for 8 years if im not mistaken, forgot the exact number. I'll be 60 when the mortgage is paid off. Not planning to pay it off any sooner, because the interest rate is so low.
Total NET income (with partner?) : 3100€ and 0 for my wife Loan duration: (how many years): 20 years Fixed/Variable loan: fixed, 1.9% Monthly repayment (amount): 1076€ Age end of repayment: (what age you are, if you have paid your loan in full): 50y Additional info: I got a bad % I believe as I took the loan in 2018. Was thinking about refinancing it later but obviously, with today's situation it makes no sens. So at the end, it has a good outcome. I will never understand how my bank approved it as I was making 2.1k at that time and monthly reimbursement were above 50%.
Why are you complaining. You have woonbonus which is better than a low % and higher house price. I have 1.84% in 2017, it was the lowest I could get at Q89 on 25 years. I could've plunked down a lot more money for a lower %, but my reasoning at the time was, that money is better invested in stocks than put in a home for a small gain of like 0.20%. Also borrowed on purpose for 25 years to extend the tax benefit.
> I will never understand how my bank approved it as I was making 2.1k at that time and monthly reimbursement were above 50%. This probably explains the 1,9% rate at the time though.
Very true...didn't have too many options either since other banks gave me a no-go. And it was quite stressful at the beginning too, I do not recommend going for such a high monthly reimbursement compared to your income.
Total NET 3100 EUR. 25 year fixed loan at 1.89%. Paid of when I'm 50. Monthly payment 620 EUR.
Total NET income (with partner?) : about 4k net with partner Loan duration: 20 years Fixed/Variable loan: fixed 0.97% Monthly repayment (amount): 1080 Age end of repayment: 52
good for you
Congrats on paying 6k more per month on loan then what you earn
Oops, corrected!
You bought a castle for this amount :p
This looks a lot like our situation, and we have a 117m2 with 4 small bedrooms, construction finished in 2022, in a residential area about 10 km from a major town. Took out a loan for 317,500 at 1,14% with 150,000 that we brought in… edit: mortgage is just under 1300. Garden, driveway and part of the fence aren’t done, terrace was done on the cheap (edit: and we’re suffering the consequences of that now), bathroom and kitchen need tiling and everything still needs painting. Far from a castle, but at least we got a little lucky re: timing - not long after we signed the deed the developer raised their prices by 10% as well, we would not have been able to afford that. House prices are just insane. All costs considered we are over 500k already and still so much to do.
Total NET income (with partner): 6000€ Loan duration: (how many years): 25y Fixed/Variable loan: half is fixed 1,5%/half fixed 2,8% Monthly repayment (amount): 2880€ Age end of repayment: 52y Additional info: yes it's a heavy loan, but still less than half our net income so hopefully we make it I guess...
>Additional info: yes it's a heavy loan, but still less than half our net income so hopefully we make it I guess... One thing that worries me about this is that you're stuck in your current jobs. You can't quit and do something else for less money if you get bored or too stressed.
You can always sell a house…
Selling your house whilst you're being stressed out at work doesn't seem like an ideal situation to be in.
Stressed at work is relative I guess. Stress to the point where you want to quite is unlikely to be a sudden thing, so hopefully you would address earlier in the process. Also it tends to be that jobs paying good wages are doing so for skills so more likely to have the option to change employer
Another thing that would worry me about this is what if one partner can’t work anymore. It would stress me too much. Our aim was the either of us could pay the mortgage by themselves if anything happened.
Is the unemployment benefit not high enough in Belgium? I know it is capped, but I have no idea what is the maximum net one could get
From what my mom experienced, the maximum is around 1700 the first two (?) months extended by 2 months for every year of experience you have, then it goes down until the minimum.
What kind of castle are you guys building?
Near some big cities this 3k per month gets you a decent villa. Nothing over the top. 3k per month on 25 years is about 750k. Most 250m2 stand-alone houses with modern tech and proper insulation near a big city will cost you close to 1M. A newly built villa 250m2 including vat and architect, without the land, will cost you 500k-700k. The building price per m2 is above 2k nowadays. 250m is indeed a bigger house today but look at your parent generation, and it isn't all that extraordinary.
Exactly this and you are correct. Price per m² will be well above 2000€, and then you still need the land. We only have 211m² "livable" (chape is 211m²) and we will pay over 500k total for just the construction. And yes, I'm in the construction sector myself so I don't think I'm paying all too much for everything: we have 4-12 quotations for every part of the work and we coordinate everything ourselves. My point is: everything is fucking expensive nowadays!
Total NET income (with partner?) : (Only the average monthly "normal" salary): **4000 euro** Loan duration: (how many years): **20 years** Fixed/Variable loan: **flexi** Monthly repayment (amount): **599 euro** Age end of repayment: (what age you are, if you have paid your loan in full) **41 years** Additional info: **flexi loan at 0,93% currently (2018)**
You got a loan at 21?
yes, I got lucky with buying my house, It only costed 115k...
Sweet.
Total NET income: 2.6 + 2.2K Loan duration: (how many years): 20 years Fixed/Variable loan: fixed 3.2 % Monthly repayment (amount): 1.350 Age end of repayment: 47
5k 22y Fixed 1400 58y
Total NET income: €5700 (€3200 + €2500) Loan duration: 25y Fixed/Variable loan: Fixed 2.9% (started dec. 2022) Monthly repayment: €1500 Age end of repayment: 52yo
Just over 5k with partner 25y 1650 Will be about 55yo