Finances for building a house okay? Please provide an assessment

I am not angry at anyone for being tough. I also do not find it tough, rather it is your opinion and I gladly allow critical voices, since you usually only get a "that is doable" from construction companies etc. I can partly hardly imagine it when I read the forum here.

Is there maybe someone here with similar equity who has made it? Or someone who completely messed it up? People don't like to admit such things, but it would help me to hear from these people.

What use are the experiences of others to you? They would have to have exactly the same lifestyle, income and expenditure situation, etc. as you.

Building a house is a serious matter. You shouldn't rush it and should approach it with care above all.

I can only advise you to put it on hold for quite a while. As I said, do a calculation with children.

At that age, I would first focus on increasing income. I experienced the same after my training. I earned about 1400 net and would have gotten an additional 5% per year (for a maximum of 3 years). Additionally, about 1.5% increase annually through collective bargaining agreements. Sounds nice, but it’s not really much.

Since I want to build a house and start a family, I completed a part-time degree. Now I am 29, have finished the degree, and consequently have a better job (within the same company). Now the net income is 2800 and we are starting the house construction this year. In the past 5 years, I was also able to save quite a bit, so that about 100,000 in equity has accumulated on the side.

My tip: Be patient, improve your income situation, and wait 3-5 years first to see what is possible. Good luck! :-)

I will most likely not stay at this income. In September, I will also start a part-time degree in business administration at the VWA, if that means anything to anyone. After that, I have good chances to advance in the company and optimize my earnings. We just wonder if it actually makes sense to start early since, with the income (from in 5 years), it would be doable and this income is finite and will especially increase. But actually, you are all right, I don't have a crystal ball to assure me of that. The topic of children hasn't even been remotely planned so far. At the earliest, I would consider it in 8-10 years. But for us, it's not a "must" so far. What might also be relevant is that at some point my boyfriend will inherit a house from his great-aunt. It would help us, but I don't even want to think about it remotely. Maybe it makes sense to wait until then and move into that house.

What I see with you is that you account for many eventualities or at least do not mentally rule them out (inheritance, salary increases, promotion, etc.).

Try to calculate pessimistically. When I was 21, I also hadn't thought about children yet.

You two don't exactly live in poverty in your 100 sqm apartment either. ;)

You are right about both points.

Somehow you have to be able to plan your life to some extent, right? I think that has always been my problem. Until my training, I always planned everything in my life. And since that was over, I have felt quite aimless. I am glad to start my studies. Maybe that will distract me from these plans.