Amount of the monthly installment

The bank never owns the house. It only has it auctioned. If the land charge is registered as subordinated, the right of residence remains (provided it is secured in the land register). Who would buy the house then? If the parents are not old, no one will do it... (thus the bank assigns little or no value to the house)

In my opinion, the total amount is simply a bit too high with you, but since you have already signed the contract, you must surely also have an assessment from the bank about the maximum affordable monthly burden?

Where on earth did you get that from? Before throwing out such a big statement, you should rather read more carefully.


: Basically, I partly see it the same way as you. There is a tendency here to always assume the worst immediately.
Around us, there are also people who have bought/built houses, where no one knows how they want to finance it. Whether that will really work out, will probably only be seen in years to decades. And if a separation/divorce comes in between, in most cases it doesn't even matter, because one person alone is almost never able to easily manage such amounts off the cuff.

In my opinion, the total amount is simply a bit too high for you, but since you have already signed the contract, you must surely also have an assessment from the bank about the maximum bearable monthly burden?

We have signed the contract for the house with 202k and just received a detailed breakdown of which costs arise in which amount. These are the remaining 140k for the plot, incidental construction costs, earthworks. But things like construction power, connections, etc. are already included.
For the Sparkasse, that was fine. This would result in a monthly installment of €1200 if we do not enlarge the house, and we probably will not do that now. I must have included some wishful thinking there.

I'm interested too. That's why I also asked about the costs for All Inc.