Construction costs are currently skyrocketing

Here apparently come the first houses for sale where the low interest rates were not secured in time for the follow-up financing. However, the prices are record suspicious. The monthly burden would be about €3,800 per month with an equity of €300,000 and 2% repayment. They are crazy!

Where is this supposed to be here? Do you have an example?

Here apparently come the first houses for sale where the low interest rates were not secured in time for the follow-up financing.

That actually cannot be. Ten years ago, there was an interest rate level of +/- 3% for 10 years, and 15 years ago the rate was over 5%. Through repayments – even if it is only 1-2% – today’s loan-to-value ratio is lower than at the time of contract signing. In this respect, slightly increased interest rates (still lower than in 2007 by comparison) will not cause a significantly different installment today than back then. Example: €500,000 financed in 2012 at 3% + 2% repayment = €2,500 monthly installment after repayment it is approx. €400,000 today, which can be financed at 4% + 2% repayment (of course, this increases the term) = €2,400 monthly installment

Where is this supposed to be here? Do you have an example?

Cologne on the right bank, semi-detached house, purchase price excluding additional costs 850K€. The location is (district) generally good, but rather not within the district itself. The equipment is okay, but nothing special. Such properties are currently appearing on the market with noticeable frequency in our area.

Cologne on the right bank of the Rhine, semi-detached house, purchase price without additional costs €850K. The location is generally good (district), but rather not within the district itself. The equipment is okay, but nothing special. Such properties are currently coming on the market noticeably often with us.

That is probably due to the gas heating and the energy consumption – the semi-detached house is almost 100 years old. And from the €850K purchase price, depending on the exact location, around €400-500K is probably for the land portion, so only €350-450K remains for a 170 sqm house with finished outdoor facilities and a full basement.
In the end, in my opinion, a reasonable house price for the location.

Wrong house! Just over 13 years old with heat pump

Wrong house! Good 13 years young with heat pump

Then I can't find it on scout24 - there is only a semi-detached house at that price on the right bank of the Rhine