802k€ for house including additional purchase costs with 600k€ loan - Financeable?

Oh man, I should just do it sometime.. Log out of this forum. These constant corrections, improvements, remarks and whatever else - mostly just because you are anonymous here. I’m just trying to help people - nothing more. 80% of the comments here are simply useless. Just stop it. That doesn’t help the OP at all.

"Retarded" is simply not an adjective that should be used like that. I would tell you that in real life too, you can count on that.

Oh man, where is the thread starter, so we can get back to the topic...

The statement is just simply stupid

You just can't stop, can you? With less than 3000 net in a region like Stuttgart, there’s not much you can do. It’s neither stupid nor anything else, maybe unfair since he studied and still can’t afford "anything" without help.

It is an absolute booming region/university town, prices will continue to rise rather than fall.

Has Tübingen really become so outrageously expensive? In Pfullingen, there are newly built terraced houses with 140m2 for 630,000€, in Reutlingen-Sondelfingen a newly built single-family house, 164m2 for 633,000€. The 800,000€ for a 30-year-old house seems rather borderline to me. The standard land values in Tübingen are around 600-800€/m2, let's take 800€ and add 20% premium, then the land of the house would be worth about 400,000€. That means 400,000€ remain for the house. With 2% annual depreciation (tax approach), this means the house would have had construction costs of about 1 million € today (without land). With 140m2 that would be >7000€/m2 (without land!). The fittings must be very luxurious! If you calculate with 1% depreciation (service life single-family house 100 years) the construction costs of the house today would be 570,000€, still >4000€/m2 and that would already be well above "standard" for a new build.

You forget the [Einliegerwohnung]. It is actually perfect for this region, you can probably easily get 400 euros cold rent from it, that drives up the price.

You forget the granny flat. That is actually perfect for this region, you can probably get easily 400 euros cold rent from it, that drives up the price.

"140.72 sqm, of which 29.11 sqm is a granny flat with a separate entrance from outside, currently not rented out" means to me 140 sqm including the granny flat. So the house probably only has about 110 sqm. But maybe that was also misrepresented by the OP. Sure, the granny flat is worth something in a university town in non-Corona times.