Building financing first offer

I actually meant it like this: "Income is not special without equity." I was a bit quick when writing that. 4k income and 30% equity -> thumbs up! 4k without equity I consider bad! and 4k is not special.. Inform yourself about the average income of builders! But we have already had this discussion several times. We don't need to start again..

If I had a net income of 10,000 p.m., I wouldn't be writing in this forum asking for advice. All the acquaintances I have and know earn around 4k net. If the gentleman would move down from his throne, he would realize that 4k net is still good money!!!

Phew, why so aggressive... 4k net with 2 children already including [Kindergeld] is not really much nowadays, and the average homebuilder simply has more (salary as well as equity). No one says it’s not possible with less, but the risks and compromises just increase.

Does anyone here even know any statistical data?

We once looked... Household net income is below the median - I believe €3600 with 2 children. 50% of Germans own property.... it probably starts somewhere around €3500. €4000 is good money. As a sole earner, it's hard to manage - if 2 people have to work, both have to earn around €45k gross. In the public sector, this is not a given, even with a degree.

Does anyone here even know any statistical data?

We already discussed this in another topic. There is data from the Federal Statistical Office from 2010:

- 11 million households own their own house
- Another 6 million households own a condominium (ETW).
- Together we have 17 million households that own property
- The average income (net) across all household sizes is 2,970 euros.

- For households with 3, 4, or 5 or more members (so-called "families") it is 3,700/4,100/4,500 euros net on average
- 3.7 million households have a net income above 4,500 euros (21.7% of owners)
- 6.6 million households have a net income above 3,200 euros (38.8% of owners)
- 11.5 million households have a net income above 2,000 euros (67.6% of owners)
- 5.5 million are below that (32.4% of owners)

- 356,000 households with 5 or more persons have an income of 4,500 euros and more (2% of owners)
- 581,000 households with 5 or more persons have an income of 3,200 euros and more (3.4% of owners)
- 783,000 households with 5 or more persons have an income of 2,000 euros and more (4.6% of owners)

- 831,000 households with 4 persons have an income of 4,500 euros and more (4.9% of owners)
- 1.6 million households with 4 persons have an income of 3,200 euros and more (9.4% of owners)
- 2.3 million households with 4 persons have an income of 2,000 euros and more (13.5% of owners)

- 766,000 households with 3 persons have an income of 4,500 euros and more (4.5% of owners)
- 1.5 million households with 3 persons have an income of 3,200 euros and more (8.8% of owners)
- 2.4 million households with 3 persons have an income of 2,000 euros and more (14.1% of owners)


One can conclude, with regard to the discussion here, that just a little more than 11% of all owners have an income above 4,500 euros. The 4,080 euros mentioned here for a family of four exactly matches the average for this household size.

The average income of the typical builder is certainly not above 4,000 euros net.

I think so too... with 4,000 euros net, you should be able to put together something decent, provided of course that everything else around it fits. Surely there are always exceptions who first have to take a small detour around the house so that they don't stumble over their high net income. But I think most here will know the same "problems," "savings," or let's call it tightening the belt.