Desirable property affordable? Experiences?

Thank you very much for the constructive contributions. That helps a lot for better classification.

Congratulations on the promotion! The rate itself already sounds more realistic to me than before (with about half of your income). Of course, it still hurts (those are such numbers, I’m already getting dizzy...) I just assume this won’t be the very last salary increase and so over time it will get more relaxed again. Easy is something else, but for me it’s in the realm of "you have to see for yourself whether your household budget fits and you can imagine it" and no longer quite so utopian. Whether the renovation costs add up like that or not, I can’t assess. My impression right now is that it has been calculated very generally so far. That carries the risk that you might still sink significantly more. But maybe my impression is wrong there too.

For comparison, in the end we will have paid about 26K interest for our house until it’s paid off. It’s not a fair comparison though

Definitely not a fair comparison. If you take that as a benchmark, no one should be financing anything right now.

Congratulations on the promotion! The rate itself already sounds more realistic to me than before (with about half of your income). Of course, it still hurts (those are numbers that make me dizzy...) I just suspect that this won't be the very last salary increase and over time it will calm down again. Comfortable is something else, but for me, it's in the range of "you have to see for yourself whether your household budget fits and you can imagine it" and no longer quite so utopian. Whether the renovation costs are accurate or not, I can't assess. My impression right now is that it has been calculated very roughly so far. That carries the risk that you might end up sinking massively more. But maybe my impression is also wrong there. Definitely not a fair comparison. If you use that as a standard, no one should finance anything right now.

Yes, of course it’s not fair, but I actually still see it that hardly anyone should finance anything. I just explained what that means compared to rent, from a classification perspective. And in this and many other current examples, rent is simply the financially better solution with much more quality of life. In the end, everyone has to decide for themselves.

It may be necessary to mention that our rent will be indexed starting next year and will therefore also increase continuously. New rental apartments for young families are also generally becoming more expensive because more and more families are refraining from owning a home.

I just explained what that means compared to rent, in terms of classification.

Whereas the thread creator actually has quite a high rent (the initial post mentions something like €2050 rent, even if that is probably including utilities). Of course, that can't be generalized for everyone, but oh well.

You can spend your whole life mourning a chance or do it and at worst fail... Do it when 2 independent financial advisors say it’s possible...