PetrolHead
Registered User
- Messages
- 300
So, I know there are many, many deciding factors, nuances and points of consideration, but I was hoping to get some very top level guidance from people who know far more than I do. Essentially, I've seen a house my wife and I really, really like, but I'm wondering if we would even be considered for a new mortgage to facilitate the move.
I earn €58k
My wife is not working, stays home with two children (6 & 2)
No other debts
Current mortgage balance €220k
Current house value €270k
Cash in bank €30k
Advertised price of house we're looking at €290k
Would I even be considered? Is it even worth progressing or am I 'stuck' where I am?
Thanks for your time and comments.
I earn €58k
My wife is not working, stays home with two children (6 & 2)
No other debts
Current mortgage balance €220k
Current house value €270k
Cash in bank €30k
Advertised price of house we're looking at €290k
Would I even be considered? Is it even worth progressing or am I 'stuck' where I am?
Thanks for your time and comments.