Can we afford this? Income / Investment / Equity

Iqbal, what is that supposed to be please? Pretty inappropriate...

I don't understand either, it's a legitimate question after all. Sometimes the OPs say it's a gift, then you can also give the hint that it can be retroactively demanded by authorities for 10 years, for example. Otherwise, back to the question. With that income / equity, definitely yes. The hint was already given because of children and lack of income.

Thanks to ypg, Saruss, Bauexperte, and BeHaElJa, HilfeHilfe for your answers.

We have both been working since we finished school (studying alongside work and attending evening high school) and have never taken expensive vacations (once a year within Germany) nor spent a lot of money on fun over the weekends. The equity has been accumulated little by little. We currently do not have children.

We pay net rent of 450 EUR and are currently saving about 1500 EUR/month. If 45% of the salary is lost, then the 55% due to the tax class would be a bit more. According to my calculation, it would work with a payment of 1100 EUR, but then almost nothing remains for saving.

We had just known for a long time "where we wanted to go"

That is also the case for us. From the beginning, we knew that we wanted to consciously save our savings for the home. It is up to each person what is important to them in life, but we have decided it this way for ourselves. If we only had a third of the equity, we would probably build smaller too. Small, nice – but mine.

You just save some of the equity for parental leave, then you also have a bit more "leeway" there. Even 120K equity is absolutely TOP for your loan amount!

(Luxury) living expenses (vacation, going out, leisure etc.)

... not the essentials (car, insurance etc.), is concerned.

Leisure is being cut back on, but not the car... oh dear!

I estimate you have to reckon with a rate of just over 1000 euros. It is quite possible that you can afford that in the long run!

Savings are made on leisure time, not on the car... oh dear!

NONSENSE. The degree of relaxation during leisure time has nothing to do with the costs.

from on the road