# NW as % of property value
**URL:** https://forum.mustachianpost.com/t/nw-as-of-property-value/6812
**Category:** Real Estate
**Created:** [July 31, 2021, 8:31am UTC](https://forum.mustachianpost.com/t/nw-as-of-property-value/6812 "2021-07-31T08:31:02Z")
**Posts on this page:** 4
**Page:** 1
### Author:  [@anon21880037](https://forum.mustachianpost.com/u/anon21880037)
#### Post date: [July 31, 2021, 8:31am UTC](https://forum.mustachianpost.com/t/nw-as-of-property-value/6812/1 "2021-07-31T08:31:02Z")
Curious to know and probably helpful to the community.
What was approx your Net Worth as % of the property value you bought? Or those which are in the planning phase, what’s your target number?
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### Author:  [@Dr.PI](https://forum.mustachianpost.com/u/Dr.PI)
#### Post date: [July 31, 2021, 9:58am UTC](https://forum.mustachianpost.com/t/nw-as-of-property-value/6812/3 "2021-07-31T09:58:05Z")
> [@Patron](#):
>
> max. 20-30% of ones NW
Gross (Value) or netto (Value - mortgage)? Fiscal or market value?
A normal salaryman will never have enough money to buy real estate without a mortgage: while you are saving, you are paying rent AND the prices are running away from you.
Our apartment’s fiscal value is barely above the mortgage. Purchase price minus the mortgage is between 15 and 20% of NW including 2nd and 3rd pillars.
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### Author:  [@anon21880037](https://forum.mustachianpost.com/u/anon21880037)
#### Post date: [August 2, 2021, 12:30pm UTC](https://forum.mustachianpost.com/t/nw-as-of-property-value/6812/5 "2021-08-02T12:30:34Z")
Interesting. Rule of thumb. I was thinking that net worth should be at least 50% of the property value at the time of purchase.
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### Author:  [@Dr.PI](https://forum.mustachianpost.com/u/Dr.PI)
#### Post date: [August 2, 2021, 9:16pm UTC](https://forum.mustachianpost.com/t/nw-as-of-property-value/6812/6 "2021-08-02T21:16:21Z")
It was
> [@How to increase income number in mortgage affordability calculation?](https://forum.mustachianpost.com/t/how-to-increase-income-number-in-mortgage-affordability-calculation/6730/6):
>
> For comparison, when me and my wife were buying our apartment, we delivered slightly above 20% of the purchase price in cash, not touching 2/3 etc. Our NW (with 2/3 pillars) was way above 55% of the purchase price (I don’t have all numbers for my wifes’ accounts). Now the value of our 2nd and 3rd pillars only is slightly above our debt, so theoretically we can repay it any moment. We were lucky and were able to buy an apartment at a price way below the market price, though.
There are just different ratios that one can calculate.