Construction costs are currently skyrocketing

Yes, exactly the same would apply proportionally to me if you were to use three pages. 24 on three pages is 50% or 33% too little.

I just did a very basic calculation with numbers from two years ago and today.
The reference only concerns the monthly burden to the bank, assuming the land and ancillary building costs are financed from equity.
These values are really tough and should approximately correspond to reality for a single-family house, upper standard, gable roof 160m2.

I just did a very basic calculation with numbers from 2 years ago and today. The reference only concerns the monthly payment to the bank, assuming the land and ancillary building costs are financed from equity. These values are really quite high and should approximately correspond to reality for a single-family house, upscale standard, gable roof 160m2.

Sorry, but 500k pure construction costs still seem too much to me. Additionally, comparable annuities would be interesting. But then with different interest rates. In one financing you are at just over 3%, in the other at 5.5%. I find that hardly comparable.

I just crudely calculated with figures from 2 years ago and today.

Just calculate much simpler with 1% interest at the end of 2021 (+2% repayment) and today 4% interest and 2% repayment. With the same prices, the rate for the home builder or buyer doubles. There is a reason why, two weeks ago, the head of a real estate financing unit at a bank told me that "his" 40 financing advisors are currently only being paid to twiddle their thumbs and shake their eggs.

Sorry, but I still consider 500k pure construction costs to be too much. Additionally, comparable annuities would be interesting. But then with different interest rates. With one financing, you are at just over 3%, with the other at 5.5%. I find that hardly comparable.

With higher interest and the same repayment, the term decreases, so the comparison doesn’t make sense to me. Furthermore, the construction increase is not only explained by rising material prices but also by the elimination of various subsidies. (kfw40+, bafa subsidy for WP reduced, wallbox, battery storage, etc.) That is more realistic than one thinks

With higher interest and the same repayment, the term actually decreases, so the comparison doesn't make sense to me.

Of course not for comparing interest costs over the term. But to be honest, that’s also completely irrelevant.

As a prospective homeowner, I’m not interested in what I’ve paid after 35 years (hardly anyone actually looks at that), but whether I can afford the house NOW. And within three-quarters of a year, we’ve seen a doubling of the price = monthly payment for the same house (assuming unchanged costs). Then it becomes hypothetical what happens over the term, because hardly anyone can overcome the hurdle of the loan agreement anymore unless they can mobilize substantial equity or significantly lower their expectations.