Depression after notarized contract - experiences

Well, above all, no alcohol is not a solution either.

The greatest enemy of human welfare, that is and remains alcohol.
But it is written in the Bible, you shall also love your enemies.

That's called drinking up courage. .......

However, we should not downplay the alcohol here.

I have been quietly following the thread and wonder why apparently everyone here sees the loan amount of 755k€ with a monthly net income of just under 5700€ so uncritically. The repayment rate is naturally "only" 2000€ (already more than a third), but then there are still the additional costs and the savings amount for maintenance. These cost factors are also missing in the calculation of the OP a few pages earlier. If you deduct these costs, then it is no longer 2000€ left for the OP and his family to live on, rather around 1500€ (roughly estimated).

Children do not get cheaper as they grow older and a second child is supposed to come as well. When the wife then goes on parental leave, she might get ~400€ parental allowance, so again less. Whether it is then still possible to set aside money for emergencies, the so-called emergency fund, for special repayments, let alone for vacations, I don’t know.

I have seen more stable financings in this forum that were evaluated more critically and the questioners were rather discouraged from buying. Here, however, almost everyone seems to agree that this construct works. Or am I overlooking something serious?

but then there are still the ancillary costs and the savings amount for maintenance.

This is about a small house in terms of size. There, the ancillary costs are, luckily, not higher than for an apartment. And maintenance can be done with a new build, but the costs really only come after 20+ years. So, for now, just relax.

I have already seen more stable financing here in the forum that were evaluated more critically and the questioners were rather advised against buying. But here almost everyone seems to agree that this structure works. Or am I overlooking something serious?

Yes, that otherwise on the market there are only rental properties for not much less money - unless you stay with the cooperative and live with what is available. A new rental apartment in a comparable location in Stuttgart also costs up to €2,000 for 120sqm - and all of the rent goes to the landlord and not partly into your own pocket as with buying.

In terms of size, it's about a little house. With luck, the additional costs are not higher than for an apartment. And maintenance can be done with new construction, but the costs actually only come after 20+ years. So, for now, just relax.

However, the costs for additional expenses can also fluctuate greatly. I know people who pay 150€ just for electricity per month, we pay about 100€ less for two people. The other additional costs like water, garbage fees, etc., are also not cheap in the Stuttgart area. Since I recently lived there, I know what is usually charged there. My old landlord calculated 100€ per person.

The point about maintenance costs is of course true, but you must not lose sight of them. And in the OP's calculation, things like insurance are also not taken into account.

Yes, otherwise on the market there are only rental properties for not much less money – unless you stay with the cooperative and live with whatever is available.
A new-build apartment for rent in a comparable location in Stuttgart is also about 120sqm and costs up to 2,000€ – and all the rent goes to the landlord and not partly into your own pocket as with buying.

That is only true for new construction. There is still a lot of existing stock that is rented out more cheaply, also with 4 or 5 rooms. However, I have to admit that you have to search longer for this. I understand the idea of wanting to have something of your own and making some compromises for it. However, I do not find the financing unproblematic.