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

Replace Frau with girlfriend in this case. How do you want to arrange that among yourselves? 50/50 even though one pays more? Have you been equally involved so far or does the property come from one of you? ...

I'll top that. EL from which family

Replace woman with girlfriend in this case. How do you want to arrange that among yourselves? 50/50 even though one pays more? Have you been equally involved so far or does the property come from one of you? ...

The property was paid roughly 60/40. I paid the slightly larger share. However, we are both 50/50 owners. For some, this might be a bit too romantic, but I have to say that we do not always calculate down to the exact euro who pays what. That is not done with the personal contributions either. What comes from which family is initially secondary. We approach the project together as a unit, and therefore, in my opinion, it makes little sense to separate everything so strictly. Especially since that will become irrelevant eventually if a child comes along.

You can, for example, try to inherit a house from each other without being married. That's where it already starts.

Later inheritances don't matter to the financing bank. Comparing apples and oranges (I financed twice with my partner without being married)

and, as I said, also have Plan B in mind

If I were you, I would pull that out of the drawer as quickly as possible...

We are approaching the project together as a unit, and therefore, in my opinion, it makes little sense to separate everything so strictly.

For someone as safety-conscious as you, you're really playing a dangerous game.

Who guarantees that financial pressure, work and construction stress, and then living in your girlfriend’s old childhood room won’t destroy your relationship?

If it really comes to that, harmony and unity will turn into war. It will get really ugly when it comes to dividing things up.

Anyway. Good luck! I’m keeping my fingers crossed for you! There are plenty of users here in the forum who have shown all critics up under similar circumstances.

The bank financing the loan doesn't care about later inheritances.
...

No one is disputing that anyway :)
My point is more about when a life partner – that is, the OP or his partner – passes away. Usually, the partner is named the heir of the jointly owned property. If you are not married and, for example, have no will, the partner may end up with nothing. Not to mention the inheritance tax (inheritance tax class III).

No one denies that anyway :)
For me, it’s more about when a life partner – meaning the OP or his partner – passes away. Usually, the partner is designated as the heir of the shared property. If you are not married and, for example, have no will, the partner might end up with nothing. Not to mention the inheritance tax (inheritance tax class III).

Marriage simply simplifies a lot... So I wouldn’t finance a house without being married...

Not wanting to marry in church is understandable. No big party – understandable. But seriously, what’s the problem nowadays with just going to the registry office – getting married and that’s it. Not to mention that in most cases you even gain a tax advantage. I don’t quite get it :D Nowadays, about 50% fewer people marry than ten years ago – for whatever reasons? Especially when children are involved, I find that really strange. Sometimes there aren’t even wills or anything written – if something happens, the families have a real problem...

After so many years of relationship like the OP’s – after buying a house and planning children, I would definitely recommend it... Much fewer problems arise when problems do occur :D


@OP:

Otherwise, I don’t find your financial situation suitable for the property you want to buy. In my opinion, you either need to save significantly more, lower your expectations, or earn more/wait in order to afford a home. I actually believe, like most here in the forum, that you’re not doing yourself any favors with this...

Calculate everything very precisely again, have a frank talk with your architect, don’t let anyone push anything on you here, and very importantly: have discussions with different banks to get a feel for what you’re really “getting yourself into” with this financing amount regarding your life phase/income situation.