Construction costs are currently skyrocketing

Maybe in the container/caravan on the property? With an official registration address at the parents' or a good friend’s... Although, in the end, you feel so comfortable that you don’t even want to change your living situation...

So for us, the construction obligation was defined as a completed shell of a residential building. But elsewhere it could also be the move-in or occupancy readiness.

You should aim for 300k€ for the house. With a lot of your own work, you can certainly go lower, but you need the time, helpers, and tools for that.

How much equity do you have? As long as you keep the rate under 2000€ with a reasonable term, I would definitely do it.

I have to ask what is meant by building obligation. It was increased from 3 to 5 years anyway and it is rather rural.

Equity is not particularly much now, just under 50k€. They are 31 and 29 years old and have no plans for children. I recalculated our exact net income. We are at 5300€. Vacation pay, Christmas bonus etc. are already included. I also roughly had the approx. 2000€ installment in mind.

The plot without building obligation is very nice, but costs 170k€ due to its size. The plot with 5 years building obligation is a bit better located and would cost 113k€. My wife could walk to work instead of driving 20 minutes. But it could also be that she changes her profession at some point, as she only earns 1700 net.

A standard house at Town & Country costs about 250k€ (turnkey), from what I quickly saw. If you can keep it roughly like that with some own contribution and no special requests, it could work.

I was surprised by what seems to be standard at Town & Country. If I see it correctly, floors and bathroom fixtures are missing. Electric shutters would be a consideration depending on the cost. But yes, with a €40k buffer, you end up at around €300k.

The large plot has a direct view of fields and forest, the other rather elevated neighbors on the slope. Earthworks could be a bit more expensive on the smaller plot due to a slight slope. We will both take another look and do some calculations. A shorter commute is also worth quite a bit of money and time.