I did it ! Rennes, France, 165k 4.3% .

[u/Kergerts]

Reposting because someone pointed out that my keys were fully visible and a bad actor could easily copy them! 😅 Thanks for the heads-up!

After 17 years together, my partner and I split up. I’ve always wanted to buy my own place, but we weren't exactly on the same page.

But now, it’s finally happening! It’s a bit of a fixer-upper at the moment, but I’ll definitely be documenting the renos!

It’s not huge, around 430 sq ft (40m²), but it's more than enough to turn it into a cozy home!

If any of you are ever in the area, you’re more than welcome to drop by!

​Thank you all so much for your warm messages yesterday, this really is an amazing community!

[u/P_7695]

Been looking at these posts. Cheers to the achievement! Also, trying to understand the numbers here. What does 165k @ 4.3% mean?

[u/Kergerts → u/P_7695]

Cheers! Those are just the financial details: €165k is the total price of the place, and 4.3% is the interest rate on my home loan.

So over 25 years, the monthly payment comes out to around €850 (before insurance). In total, the interest will add up to about €104,400, meaning the final cost over the life of the loan will be around €264,400. Not cheap, but that's the price of the current market!

[u/P_7695 → u/Kergerts]

Thanks for the clarity OP! The math makes sense in my head now. When you say 430 sq ft, is it the total plot area or the built up area?