View Single Post
  #8  
Old 11.05.2019, 11:47
BasP72's Avatar
BasP72 BasP72 is offline
Forum Veteran
 
Join Date: Mar 2008
Location: Adliswil (close to Zurich)
Posts: 1,921
Groaned at 82 Times in 40 Posts
Thanked 1,777 Times in 848 Posts
BasP72 has a reputation beyond reputeBasP72 has a reputation beyond reputeBasP72 has a reputation beyond reputeBasP72 has a reputation beyond reputeBasP72 has a reputation beyond repute
Re: Buying/Renting a House in Germany while Working in Switzerland: Worth it?

Quote:
View Post
Let's assume a +100K salary, but not much. Regarding the buying, are mortgage conditions in Germany better than those of Switzerland?
Frugal living with a +100k salary in CH means a house in DE can be bought without mortgage. Especially if you use your pension fund.
Maybe he bought the house because it is a good way to make sure your savings (spent on the house) go up with inflation ? With the low interest rate keeping it in a savings account makes no sense.
For 100k salary rent plus taxes come to 3000 a month, out of a 7000 a month salary (after all contributions). If the guy has a family (so lower health insurance cost) then DE taxes are about equal to CH rent plus taxes plus healthcare...
__________________
Happiness is a full tank of gas (or better yet, diesel !)
Reply With Quote
This user would like to thank BasP72 for this useful post: