Assessment of Financing New Construction 425k € / Overall Financial Situation

Regarding the table: Is there already an item for vacation? What about the purchase and repair of new cars, or do you lease completely?

So my partner’s salary will cease and for 2 years there will only be parental allowance. A one-year parental leave is out of the question

€2000 net income for the woman results in parental allowance of €1300. For one year! Stretched over two years thus €650. And even then the two years might not be enough, since daycare places are almost only available in August, as only then do spaces become significantly free through new schoolchildren. If the situation is tense with you, it can quite quickly also become 2.5 years of parental leave until the woman works again. Does the daycare cost anything for you?

It will definitely be a long dry spell with children and a mortgage :(

You can optimize the parental allowance if you get married and assign the better tax class to the woman now. I believe the Greens want to extend the parental allowance.

I agree with you. We have also been building everything ourselves for 12 years, without any significant help from the families. We have now been together for 13 years, since 11th grade. Our parents never had property ownership nor high incomes. We repaid Bafög and student loans. Worked alongside our studies and can now rightly claim to have built everything ourselves. It was not always easy. But it is a great feeling.

I think that today, this ambition to achieve something yourself is partly missing in some people. So much is inherited that many don’t even have an incentive. Instead, they study ancient Roman literary history. And then I wonder how these people can afford that 200 sqm architect-designed house in the Neckar valley.

It is often forgotten that you can only inherit if someone has died (except, of course, if inheritance is transferred in advance, which sometimes also makes sense for tax reasons). I would rather still have my father with me than his inheritance, which at least partially financed the land for us. But this has nothing to do with the fact that we ourselves have saved a lot of equity and definitely feel that we worked for the house ourselves. Without inheritance, the plot would have just been smaller or in a cheaper area.

This common general condemnation of inheritances is annoying (and you are not explicitly addressed here. This is a recurring opinion here). There are always individual stories and fates behind it, and in some families it is also customary to support each other.

Regarding the table: Is there already an item for vacation? What about the acquisition and repair of new cars, or do you lease everything completely?

No, for that we would like to allocate the 13th salary. Do you basically see that as a problem?

My leasing rate includes full service. So including all inspections and maintenance + manufacturer warranty for the entire term.
To be honest, I still don’t know whether I will continue the lease or not.
If I look at the subsidies for hybrid and electric cars, I would probably come out cheaper than the current €235 when renewing the contract. The subsidies will probably even increase. But that’s another topic.

My girlfriend drives a 13-year-old clunker. So something might break down there. I should take that into account.

People often forget that you can only inherit when someone has died (except, of course, in the case of advance inheritance, which sometimes also has sensible tax reasons). I would much rather still have my father with me than his inheritance, which at least partly financed the land for us.
But that has nothing to do with the fact that we ourselves have also saved quite a bit of equity and clearly feel that we earned the house ourselves. Without the inheritance, the land would simply have been smaller or in a cheaper area.

This often blanket condemnation of inheritances is annoying (I am not specifically addressing you here. This is a recurring opinion here). There are always individual stories and fates behind it, and in some families, it is also customary to support each other.

I think, in general, one should not presume to judge such matters as an outsider.

I also save money every month for my godchild. And if I can make him very happy on his 18th birthday by paying for his driver’s license, then that is done out of free will and simply because I want to do something good for the boy. That is also a kind of self-fulfillment.
That is how it is for many parents as well ...

I almost don’t dare anymore, but I’m posting a snippet from the (as mentioned, now actually long discarded) drafts anyway. So that everyone knows what I was talking about at the beginning of the thread.
Living space 158 sqm.
Plot in a new development area, all on a south-facing slope, as far as I know there haven’t really been any major problems with the construction so far. The architect was also responsible for the two houses right next to it.
The architect says that most of the excavated soil can be reused to fill in other places because the 8% slope basically runs diagonally through the plot.
We have consciously given up dormers, skylights, corner windows, ... because we don’t want/can’t afford these cost drivers.

If there are ideas on how this could still be implemented within a feasible framework, I would be very grateful for suggestions.
For example, could the ground floor be left as is and the bedrooms and bathroom from the upper floor be moved to the basement, leaving out the upper floor in the plan? Or do you think this is rather not possible?

The architect was also responsible for the two houses directly next door.

Interesting. When were these houses built? You could go and ring the doorbell there and validate the architect's cost estimate. It would be nice if it turned out that the architect's cost estimate is realistic and still current.