Does my rate match the salary?

Well, you have to be able to afford children. One advises an Hz4 receiver to use contraception

I agree with that. It was meant more as an example.

Regards, Steffen

One advises an Hz4 receiver to use contraception

With the many conversations I have had so far, I can think of even more arguments against reproduction

Rhenish greetings

Wouldn't you, if you have employees, prefer to pay them the share of the health insurance contributions and have nothing to do with it yourself? So in our company, it is indeed the case that some who were just a few hundred euros short of the compulsory insurance limit received this amount if they subsequently take out private insurance.

Hello,

before getting started with making decisions, I would like to review my installment again. I hope you can help me with that.

Income:

[*]He (34 years): €3450 + vacation and Christmas bonus, usually €3950 with overtime
[*]She (33 years): €960 + €180 child benefit

Expenses:
Utilities + electricity €290
Cars (insurance, gas, tax) €430
Food, cosmetics €650
Clothing €350
Phone, mobile €90
Insurances €55
Miscellaneous/leisure €530
Total expenses: €2350

-> Free disposable income approx. €2240. Of that, I would like to use €500-700 for saving and consumption. That results in a maximum installment of €1540-1740 per month.

So far so good. I am not yet confident to accept an installment of more than €1500. How do you assess the situation?

In addition, we hopefully will have a second child next year. Financially, that means that in the first year after birth, my wife's salary will be reduced, in the second year it will cease, and most likely it will be €960 again in the third year.

I plan to compensate this in advance through special repayments from my overtime work. Naturally, also through a more economical lifestyle.

What do you think about that?[/QUOTE]

To get back to the original topic (the OP probably does not care at all whether user X has private or statutory health insurance):

I consider the targeted loan installment of €1,500 to be possible. If you have to bear it alone, it might become a bit tight. I also suspect that the insurances are somewhat low. Just the RLV insurance for me and my wife (each €250) together is about €400 p.a. (if I am not mistaken).

I plan to compensate this in advance through special repayments from my overtime work. Naturally, also through a more economical lifestyle.

I do not quite understand that part.

1. How do you want to compensate by overtime when you are already planning the second child next year? You will hardly have time for that.

2. How do you want to compensate with special repayments? You take out your loan and have a fixed monthly installment. Every special repayment you make does reduce your loan amount. The installment consists of principal and interest portions. With the special repayment, the interest portion becomes smaller and the principal portion increases. But the total installment remains the same.

The only option that exists would be to reduce the monthly installment by lowering the principal amortization (contracts usually allow this 2-3 times during the contract term) and to offset this with the special repayments. However, your bank's enthusiasm will probably be limited if you come around shortly after taking out the loan with a request to reduce the principal amortization.

And what use is it to me as a regular employee if I then see the gross amount?

Well, what good does it do the subject if he knows that the earth is not flat?

Should I now take the last answer as an occasion and drift off to the Discworld?
Interesting discussion but off topic. *know-it-all mode off*

I find the rate okay, provided your calculation of the given costs is correct. However, I do not understand what you mean by the compensation and the extra work.