370k financing with approximately 4,000 equity

Ask yourself how much rent you would pay for a house like this. 1200 euros is nowhere near enough.

Just ask yourself how much rent you would pay for a house like that. 1200 euros are nowhere near enough.

It's not about whether the house is worth the money. It's about whether we can afford the loan + other costs that only occur with ownership.

It's about whether we can afford the loan + other costs that only arise with ownership.

That's fine. You earn well and also get through rough patches. However, I don't understand: if you earn €5000, have €2000 expenses, and then only want to count on €1200 repayment – what do you want to do with the rest? If you deduct €300-500 for additional costs, quite a lot remains. I would go at least to €1500 and change the repayment rate if the woman goes part-time. You are somehow securing yourselves threefold. Savings and inherited house should suffice alongside your own house. So just go full throttle with the installments.

Do do do … keep it up

However, I don't understand: if you earn €5000, have €2000 expenses and then only want to count on a €1200 repayment – what do you want to do with the rest?

Invest in ETFs and individual stocks. Build a buffer for children or for a bigger trip. Yes, we are both conservative and very security-minded.

But the comments here encourage us that we can manage it. Thank you!

Yes, we are both conservative and very security-oriented.

I am too, but you can overdo it. Security in house building should also mean that you quickly pay something off. You don't have to invest about 1500€ every month when buying a house. First, pay off some of the loan. After 3/5/7 years, you can start investing again. But to each their own.