Expensive plot + single-family house 155 sqm + cellar KFW40+, financeable?

Well then, I'll try my luck with the lottery in advance... ;-)

Well, it's not that bad. The thing is that the needed loan is already below the rule of thumb of 100 times the monthly salary with your future income, though just barely.

Buy the plot with a variable loan or a very short term, pay off a lot, and then knock on the banks' doors the year after next with the two full salaries.

Then you could really take your time with the planning during the transition period. We planned our house for a year, and it was only shortly before the end that it became the way we really feel comfortable with it now.

Hello everyone,

We are now looking, 3 months after moving in, at what we want to buy anew, but we have also left the construction and the difficult-to-estimate costs behind us and know what we can afford now, and now, after the construction, we know that we planned well and nothing unforeseeable happened. But you don’t know that beforehand.

Various things can still come up.
About 20 years ago we built with a developer and afterwards various invoices still came.
Various fees, development costs, etc., partly 2 years later...

Regards Olli

Topic Equity: When you sit down with a loan broker, they can show you how the offers shift depending on the amount of equity contribution. This way you quickly gain an overview and can consider a strategy. Topic Fixed Price Guarantee: What matters is what is included at a fixed price in the contract. The devil is in the details of the construction service description. Even with a fixed price, I consider it very sensible not to reach the financing limits and to keep some buffer back – even if it only serves a good night's sleep afterward. The priority should be on quality rather than quantity and perfection of equipment from day one. Some things must fit from the start, others can be solved later.

T€ 300 or simply wait two years until the higher salary is there.

May I ask why you wouldn't grant a loan? I get one with just over €5,000 income, €70,000 equity, and a loan of €530,000. Does the €140,000 more loan make that much of a difference?

May I ask why you wouldn't grant a loan? I get one with a bit over €5,000 income, €70,000 equity and a loan of €530,000. Does the additional €140,000 loan make that much of a difference?

Because with €5,000 net and four people, living expenses alone amount to €2,500 p.a. plus at least €2,000 for the installment. Plus retirement provision, etc. It would be too tight for us for such a large financing.

And what if we agree to pay less than the monthly rate for the first 3-4 years and then set higher rates later on? I mean, as an employed doctor, one has a relatively secure income, I would say. Plus the planned re-entry of another female doctor under the same conditions (I know, somehow nobody cares).

It kind of feels like when I advise my patients: Keep smoking and please only come back with a heart attack. ;-)