Building a house - Is that possible with our financial situation?

In your situation, in my opinion, it would be quite reckless to build a house. Wait a few more years and save diligently. Start keeping a detailed household budget book from now on and "simulate" what it's like to live with financing. That means setting aside an additional €1,000 each month on top of your rent including utilities. If that doesn’t work, forget about building a house; if it does, in X years you will have a much better starting position.

Thank you for the answers. I will now try to save the €1000 "Kreditrate" in addition to the monthly savings rate of €400. I will continue to make special repayments on the current loan with my holiday/Christmas bonus, so I will be finished after 2 years. And if I manage to save the €1400 for 2 years, it would be at least €28,000.

I agree with the previous writers. It would really be better to set the course better in the coming years. Also make sure to always invest a bit in household goods. Something like that is always helpful when moving and you don’t have to buy everything new.

I also think it's better to wait a bit and diligently save equity. Family planning should also be discussed. And never underestimate one thing: [Eigenleistungen]. I've often experienced that people get carried away very quickly there.

Best regards, Sigi

There is another way... Does it have to be a new build? I also spent several years going back and forth, calculating and gathering a lot of information. In the end, I came to the conclusion to buy a "finished," meaning used, house and have not regretted it. Expanding and adding on etc. is always possible afterwards - if you want and need it. The house was only a few years old but still had quite a bit to do (starting with the exterior plaster), because the previous owner had not progressed due to health and financial reasons. The fact is, I paid only 50% of what a new build would have cost me. And you can definitely manage that. You just have to be patient and look at as many properties as possible. With every house you visit, you get smarter and realize what really matters. Also talk to craftsmen who know the effort involved in construction and renovation - including the costs. The location is also extremely important. With existing buildings, you usually know that the surroundings will remain as they are, which is often difficult in new development areas. The more you have seen, the clearer your idea will be of what is an option - and then "strike." That's how I did it. Better to take things calmly than to dive into a financial adventure and then have to give up everything. Always remember: life is full of surprises.. At your age, you still have plenty of time anyway. Wishing you good luck!!

An existing property is always an alternative. I would still advise TE against a current construction or purchase. Too early, too little capital, the current conditions are too uncertain. Salary is not really the be-all and end-all for family planning AND a house with follow-up costs without equity: problems are being created that do not currently exist.