480,000 loan too high, experiences?

Right, I lost 30k after all. I had rounded the 670 up to 700. Why do I have no chance with 50k? The rate would be 1160 EUR and in the worst case we would have a net (counting my wife now) of about 4500. I don't want to sugarcoat it.. I’m actually hoping for a "You’re crazy.. don’t do it" here.

350,000 instead of 480,000 would be my "sleep well" option. Save another 130,000 together... oh that will take time. And who’s to blame: The tax office!

Correction: in the worst case we will get Hartz4 But I have the same big problem in the current apartment... In short: health and business basis are not secureable!

What do you think, how much will that be?

It is still missing how the 700,000 are composed exactly, what your actual monthly expenses are, and what the actual income is.

Even with a high income and expected high special repayments, I would still choose terms of 15-20 years for this high loan amount for security reasons.

But as has already been said: Actually, there should be a regular repayment between 2-3%, if only for disciplinary reasons.

The thesis that the interest rate level will drop further is dangerous, as this would very likely be accompanied by a further worsening of the overall economic environment (otherwise the interest rates would not be lowered). And whether one wants that when taking out a large loan, I don’t know...

350,000 instead of 480,000 would be my "sleep peacefully" option Still need to save 130,000 more... oh, that takes time And who is to blame: the tax office!

Why is the tax office to blame? Nice that people who earn a lot of money also have to pay taxes! Don’t you use public facilities, roads, etc.?