Book on Real Estate Financing

then tell me how you’re supposed to pay for a house costing 300,000€ with a family income of 2200€. because it can’t get any cheaper according to your comments in the other threads. here in the far north, where salaries are really a joke, we have a household income of 3600€ (2x full time) and finance a total of 270,000€ with a monthly payment of 950€ (the land is equity). with all the additional costs for the house and our already rather demanding standard of living and 2 cars, not much is left. where the money for the carport is supposed to come from is still a bit up in the air. :)

on the topic of books, we got 2 books, both of which don’t only cover financing:

"unser bauherrenhandbuch (stiftung warentest)" and
"wir planen und bauen unser haus" (callwey)

i found both books quite informative, although at some point i stopped reading the entire book and only read the points that interested me. both books are well made and also have a big section on financing. you should look for a current edition here because of the interest rates :) my edition is too old, they then had interest rates of 3-4% :)

Payday, I am financing 270,000 euros for the house construction. The plot of land was also equity.

The difference seems to be the standard of living and the second car.

However, we only have a rate of 780 euros per month and only one full-time income.

We are still considering whether we want to get a photovoltaic system after all.

It had been dropped from the planning in the meantime.