Finance and buy or continue renting in the Stuttgart area?

cheaper than now you will not get the money. So from that point of view, have it calculated for 30 years to avoid paying double the interest in 15 years.

Is there a current rule of thumb for calculating how much financing one can afford? At that time, it was about 100 times the monthly net income at 1% interest. We are currently keeping an eye out for houses or larger apartments ...

Is there a current rule of thumb for calculating how much financing one can afford?

As a general rule, it is said that the mortgage should not exceed 40% of the net income. However, for low incomes, 40% is too high, and for high incomes, 40% is too low. You have to do the math yourself then ;-)

It is generally said that construction financing should not exceed 40% of the net income. However, for low incomes 40% is too high, for high incomes 40% is too low. You have to calculate yourself then ;-)

From when does the bank consider an income high, and from when low? ;)

From when does the bank consider an income high, and from when low? ;)

Good question. Probably when enough remains after deducting the flat rates. :p

Is there a current rule of thumb for calculating how much financing you can afford? Back then, with 1% interest, it was about 100 times the monthly net income. We are currently keeping an eye out for houses or larger apartments...

Well, you should still be able to answer that question with your jobs, right?

Currently about 4% interest and minimum 2% repayment = 6%.

What monthly payment would you like?

€1500 like back then? Still €100,000 equity? Then €400,000 => (((1500 * 12) / 0.06) + €100,000 equity)
€2000? Then €500,000 => (((2000 * 12) / 0.06) + €100,000 equity)
€2500? Then €600,000 => (((2500 * 12) / 0.06) + €100,000 equity)
etc.

If your equity has changed or you want to repay more, adjust accordingly (just keep in mind that with 2% repayment you also pay substantial interest over 27 years).

And then it’s only about which monthly payment you feel comfortable with and what living “is worth” to you.

With €200k gross per year you can already do a few things – if you want to.