Error in financing?

1) I am now saying for the tenth time that I have rent plus liabilities of over 2,000 monthly. For years, and this has always been planned as an expense. These two amounts will disappear as the liabilities will also disappear with the start of the house. Accordingly, I have this entire amount for my total housing costs then. Why should I now calculate one part of my previous expenses as available funds and not the other?

2) I have now calculated several times that I will have about a constant rate of 1,500 euros and will need just over 30 years. I will not take a structure where I pay little for 15 years and then a lot for 15 years.

3) I always assume, and that’s why the part is more interesting where a larger sum is a private loan with a high interest rate part of the components – for that the rest with better conditions – that I will still make relatively many special repayments in the first 10 years. That way, a longer payment period at the end would fall away anyway.

There is already a cleaning lady and window cleaner now. That will of course be a bit more expensive, but it is also calculated. It would be illogical if that was no longer considered now?!

I simply cannot understand how one can react here as if one is taking on new debts in addition to existing debts, as if I were buying a third and fourth car. Why is it overlooked that there will be no other debts anymore and why is it overlooked that I am buying a house, therefore no longer having rent? That is something completely different than simply financing additional consumption?

What do you say about all the others who buy a house with fewer means? The 20k equity cannot really be relevant to the total amounts?!

: The building blocks are also completely normal. Private loans to get below 100%, often it is even the same bank, as stupid as it sounds, but that's how it is, plus KFW logically one building block and then the remaining loan... where is that too much for "just one thing"?

I wrote that for me there would be too many building blocks. Too many numbers you always have to keep an eye on and where you have to calculate endlessly even before you start. But as I said, I’m not an expert and say that for me it would be too many.

No creditworthiness? I have now talked to several bank advisors who, besides knowing our income, also know our liabilities including Schufa and all immediately dismissed when I expressed potential concerns

Bank advisors and intermediaries are not the people who approve your loan(s) but the credit officers.
It’s clear that most intermediaries say "it will be fine," in the end they just load a few more liabilities on you – after all, it’s their daily bread.

and again: WHERE is the risk if from the moment of buying the house I have lower fixed costs monthly than in the last 3 years?

But you don’t have lower fixed costs from the moment you buy a house, after all, you want to build! What happens if the house is not finished before the interest-free period ends? Then you have your current fixed costs + the interest that accrues on the amount you have already withdrawn + the interest on the remaining amount.
Since you have a private loan for the equity, I assume that you already have to service this immediately, after all you have to use this loan to pay ancillary costs such as notary, property transfer tax, etc. If you build with an architect, you surely have to pay them partially before a digger even stands on the site. The land has to be paid for after all, development costs as well, costs for building permits, soil surveys and so on. If you build with a prefab house provider who mediates land, you might also have to pay broker fees for the land besides notary and property transfer taxes.

sorry that we got married and studied before. Both were probably mistakes, then we would now be without liabilities, which are only a few percent of the whole...

Sorry but that statement could come from a spiteful child.
But I would like to know what marriage or studying has to do with an "oh, look – a Playstation, let’s buy it, they offer 0.0 financing" scenario?
Ten years ago I was also a victim of 0.0 financings, just because they were eventually paid off doesn’t mean they are no longer listed in Schufa & co.

You alone YOU have to decide if you can afford it financially, if you decide that, another person decides if it even works, namely the person who checks your loan application taking into account the new legal situation.
There it is checked whether you can pay the loan after the fixed interest period, with us they calculated with an interest rate of 6.x%, then another child was considered and so on, in addition the wife’s salary was reduced.

You should be glad that there are some here who try to open your eyes and tell you what can happen in the worst case!

You didn’t understand something there. Banks cannot finance more than 100%, so the ancillary costs, like the 20k here in a private loan, are added so that the remainder is 100%.

Are you acting deliberately dumb?

I

No, we’re not, but maybe you are? You didn’t receive an offer for 100% financing, but rather for 100 + x %. With zero equity and repayment loans that still need to be paid back, I don’t see 100% financing.

But maybe I’m the dumb one.

About your €2000 rent. Yes, maybe you pay that, but what happens if something breaks? Surely you call the landlord who fixes it free of charge? What if you become unemployed? You can move out of the rental apartment, but the house will be more difficult.

Anyway. Neither has financing been arranged, nor have you been offered a final house. When final figures are available, in my opinion it won’t be €425k but much more. Then the financing will be even tighter and eventually unrealistic. Remember my words.

You can also fool yourself. The ink is nowhere near dry on the paper.

No, we don’t but maybe you do? You didn’t receive an offer for 100% financing but for 100 + x %. With 0 equity and instalment loans that still need to be repaid, I don’t see 100% financing.

But maybe I’m stupid.

Regarding your €2000 rent.

He only has €1200 rent. The other 700 or 800 are his current liabilities. He wants to pay those off before the house. On the other hand, I have to agree with Madira:

But you don’t have fewer fixed costs from the moment you buy a house, after all you want to build! What happens if the house is not finished before the interest-free period begins? Then you have your current fixed costs + the interest that accrues on the amount you have already withdrawn + the interest on the remaining amount still outstanding. Since you have a private loan for the equity, I assume that this even has to be serviced immediately, after all you already have to use this loan to pay ancillary costs such as notary, property transfer tax etc.

: Somehow starting to build now and paying off beforehand don’t add up. But I guess you have considered that.

Anyway. Neither has a financing been arranged, nor have you been offered a final house. In my opinion, when final numbers are available, it will definitely not be 425k but much more. Then the financing will become even tighter and eventually unrealistic. Remember my words

Good that we haven't talked about the BV itself yet

I believe the problem is less about being able to pay, I see property. the possibility of what is feasible.

The question is rather: Does he want that too?

That is the only thing that matters. And unfortunately, I do (not yet) see that.

In which job can one behave the way you do here? Admittedly, we are more in the pub than in the cafeteria, but what good does it do you if you sit lonely in the corner?

Madria has addressed the point. You always go on the offensive when faced with criticism. Taking things in, reflecting, and judging for yourself is something I often find missing.