Building a house without equity - is that possible?

35+ can also be 60.

Ridiculous, why am I trying to give someone factual arguments who has just come of age! Fortunately, it is not my personal bankruptcy.

Ridiculous, why do I try to provide someone who has just become an adult with factual arguments! Fortunately, it’s not my personal bankruptcy

The problem is sometimes also that all the kids who have just become adults are lumped together.

I have taken note of your arguments. However, I will end this topic for now.

Have a nice evening and a calm week.

Unimaginable. With such a lifestyle, problems must eventually arise because at 30 you think you have missed your entire youth.

I will see that when it is too late. But for now, I am happy like this.

The problem is sometimes that all the kids who have just come of age are put under one roof.

I have taken note of your arguments. However, I will now end this topic for the time being.

Have a nice evening and a calm week.

You are mistaken here again. It is solely about experience gained both professionally and in private life. A young person simply does not have that, after all!

I don’t think we’ll see you here again anyway! So, good luck!

The problem is sometimes that all the kids who have just become adults are put under one roof.

I believe the problem is your reaction or your answers. Various questions were asked, including about the expenses, and you did not answer them precisely, but with "we adapt to that" -> regarding the fuel expenses? Details about the house? No information. Incidental construction costs? No information. I have been dealing with the topic of buying a house for a year now, and the first thing I did was a detailed listing of our expenses, including food, luxury, vacation, etc. The point for me is to find out where the money goes and how much is left at the end of the month. But also how much buffer I need so that I feel good. You talk about a rate of approx. €1500 per month. I doubt that you can manage with this rate and zero equity. You can't even pay notary and land registry fees and such things from your own capital.

Let me also give my two cents. With a net income of 3,800 as a career starter (which is already a minus point for a bank) without equity (second minus point) at that age (not a factual, but a gut-feeling minus point), a bank will push a living cost allowance of €1,900 up to maybe €2,100 onto you. Then you want full financing of all costs, which will definitely cost you a repayment rate of 3-4% and a correspondingly high interest rate. Let’s assume you want security and go for 20 years. Then it will be – to keep calculations simple – 2% interest. That means roughly €1,900 minimum monthly installments. That will definitely trigger a red light and no loan. Apart from that, I assume that – if you keep a household budget book – your actual costs are higher than you estimate. Then imagine you also find friends at your new place!!! Oh God, they will want to go out to eat or to the cinema with you – I heard that’s what you do with friends and life suddenly becomes more expensive. And it gets even more expensive when a (planned by you, of course) child comes along. That’s quickly €600 gone per month plus purchases for the child. That will not get less over time, rather more. And you will happily spend it because children are something wonderful. It’s written somewhat ironically, but if you read it, you will probably find some truth in it. My tip as a banker: calmly look at plots of land now, start planning the house and save everything you can next year (or two). Please keep a household budget book while doing this. Then you could, for example, start building after the winter of 2020/21 and be in by the end of 2021. The bank sees equity, you’re not career starters anymore and you’re also somewhat more mature than now. Don’t be angry, but you still feel like "kids" without real life experience.