Construction financing over 700k - Is the offer okay?

The term is basically irrelevant to us, we would also receive a sufficient pension to continue financing. What is important to us is an affordable rate for the next 5 years with small children (a second planned). There is also the option of special repayments. We also want to leave a buffer in parallel to continue expanding our stock portfolio.

In my opinion, there should still be some room for negotiation: 10 years term 0.9 % 20 years term 1.35 %

In my opinion, there should still be some room for negotiation: 10 years term 0.9% 20 years term 1.35%

But you are aware that this is financing significantly over 100% of the loan value, right?

Why is no one actually intervening here? The 3700€ x 2 only exists if both work full-time. They don’t, the woman is on parental leave, and we don’t know how much parental allowance she receives. A second child is also planned, which will again lead to tight income. Nevertheless, a loan of almost 650k€ is on the table. The rate seems to be quite moderate, mainly due to the low repayment and consequently a high residual debt. At least, civil servant teachers and apparently still assets in reserve that are not intended to be used... That is of course positive.

Why is no one addressing this here? The 3700€ x 2 only applies if both work full-time. They don’t; the woman is on parental leave and we don’t know how much parental allowance she receives. A second child is also planned, so income will be tight again.

I noticed that immediately too, but lately there have been more and more such calculations here, and any hints that a lot is being sugar-coated are brushed aside due to the panic among prospective homebuyers. So I refrained from pointing it out.

3,700 net before or after [PKV]?