Financing a single-family home beyond retirement?

You have all gotten off topic

People are so different. I would be ashamed as a parent if I did not fulfill my legal duties as a parent. I would rather not have had children than shirk my parental duties and leave my children hanging.

I agree with - I am responsible for the means of living, and for extra wishes they are welcome to have a job

No one here said they did not want to fulfill their legal duties. It was mainly about the fact that if you demand the duties of parents, you should also fulfill your duties... that is, read the law through to the end. Both viewpoints can be equally mindful and loving; it is a matter of conviction. Harshness or overwhelming someone are extremes, which I generally do not think much of.

You have all strayed from the topic

True, although the attitude towards it significantly influences the financing of a house construction. Therefore, I do find it related to the topic, as it makes a considerable difference which philosophy my house financing is based on.

I am old-fashioned in that regard. In my opinion, a property should be paid off by the mid to late 50s, simply so that one still has some enjoyment of life afterwards, some financial breathing room. If I pay off the thing until I’m 70, it’s like paying rent in old age, with the difference that eventually it belongs to me, but the feeling of "having paid off a house and having financial independence in old age" is then simply diminished.

I’m not a fan of these "at-all-cost" financings. Germany has a very low homeownership rate, and I am generally an advocate of "go for it," but still, the place should be paid off within a foreseeable time. My tiler is such a case. He bought a house late, and now he runs from one "evening job" to another so that he can finally pay off the house.

But everyone has to decide for themselves, maybe I think too conservatively.

I am old-fashioned. In my opinion, a property should be paid off by the mid to late 50s,

Then the construction industry could pack up if everyone thought like that. Only very few manage that because it is really expensive. Building/buying in early 30s and then being done in 25 years (maybe a few years more) means a repayment of about 4%, so an annuity of fortunately currently around 5%. Expensive business. I prefer to live reasonably now and not have three side jobs to afford the property I want now. So for most families who, like you wish, should be finished quickly, it already means nowadays to move from "evening job" to "evening job." Is that the solution and better than maybe still having a few tens of thousands of euros in debt in old age?

from which amounts to be repaid are you assuming here?

Of course, it always depends on where you are building, what the background is, and how brave you are. But this "finance everything, small installments, car, house, and kitchen" I personally do not find helpful.