What should be the ideal amount for my Emergency Fund?

Ideally, you should have the equivalent of 6 to 12 months of household fixed expenses set aside. This amount acts as a safety reserve to deal with unexpected events without turning to credit.

In practice, if your fixed monthly expenses are EUR1,200, an emergency fund should be between EUR7,200 and EUR14,400, depending on the level of safety you want.

This amount helps you preserve financial stability in situations such as loss of income or unexpected expenses, without putting mortgage repayments at risk.

It makes sense to seek specialist support when you want to balance your emergency fund with the initial down payment and understand how far you can move forward without losing your safety margin.