Financing Feasibility Single-Family Home Purchase

That's true, but if you want to finance 310k€ and additionally have 150€ ground lease, but then write that you want the woman to stay at home or want her to stay at home when children come and want to live on 1800€, then I don't get the feeling that I'm talking to an adult but rather a 12-year-old, not to mention the comment about private leasing.

I recently met a "colleague" who is also looking for a house. Early 30s, works part-time, wants to finance alone. Her boyfriend has two houses but doesn't want to put her in the land register... Upon closer information, it turned out: Great fear of inflation, not enough income to live alone, and only 4000€ equity. And she is actually looking at houses So this is not an isolated case....

I know the prices in the private leasing sector and am aware of what’s included and the available options. But not everyone wants to lease a VW up for €110 with 10k km p.a., bare without maintenance, insurance, and so on.

Private leasing offers in the Golf class similar to corporate leasing but without a fuel card and with 10k km are somewhere around €400 upwards. That doesn’t make the situation any better when you spend a quarter of your salary on the car, does it?

That’s way too general. I travel a lot for work and always come out cheapest with the maintenance/inspection/wear-and-tear packages. I’ve calculated it many times.

We currently pay €186 per month for our second car (Audi A1; close to fully equipped) without an initial down payment. This includes all inspections and wear parts (except tires). 23,300 km per year included.

The most important questions for me remain unanswered so far:

1. How long does the leasehold run?
2. Is the currently occupied area in this house big enough for you two plus two children?
3. Why do you even want to change your current situation (tenants in the house you want to buy)? The rent is fair, you like the living situation. You have the current owner above you now and will have him later as well.

I see hardly any advantages for you if you buy the rented house under these conditions.

If you fear that the current owner will sell the house to a third party who will then terminate your lease due to personal use, I don’t know how realistic this fear is in your area. Such a property is (in my opinion) not so attractive to a buyer, especially if they then have to evict you.

That is way too generalizing. I travel a lot for work and always get the best deal with maintenance/inspection/wear packages. I've calculated it X times already. We currently pay 186 EUR per month for our second car (Audi A1; close to fully equipped) with no initial down payment. This also includes all inspections and wear parts (except tires). 23,300 km per year included.

Of course, that’s as generalizing as comparing a 186€ leasing rate with 110€/99€ or comparing 4€ income with 3.3k€. 76€ less rate and 700€ less income make the difference. In the end, everyone has to decide for themselves, but I don’t want to be blamed later if someone can’t buy their kids a bike or toy or if they can’t go on a class trip because money is tight again. That’s bad for karma. Current salaries and expenses are meaningless when there are no children. You can’t plan 15 years on that basis. And no, it doesn’t always go up. Just look at all the unemployed transport clerks. Because right now, we’re massively untrained.

- You forgot the €150 ground lease, right?

That's right. That still needs to be included. But there are several possibilities I have pointed out to further increase the household surplus in the future.

- €360 incidental costs are rather unrealistic for an existing building.

Well. The currently rented place will be taken over. And they are currently paying €250 p.m. there.

Besides, I have also considered €300 for unforeseen expenses. That makes it €400 per month or €4,800 p.a. – that’s enough!

So you can afford a property that you actually can’t afford?

That is exactly the misconception. The real world is not depicted here in the forum. You can acquire property with a net household income of €3,300 if you are aware of the consequences. Ask . Everyone said it would never work with her income either.

The double full-earner academic net household incomes often shown here in the forum are fortunately not the standard but still the exception.

Whether the house is still affordable with lifelong right of residence and hereditary lease, I now strongly doubt. In addition, you will probably get a "housemate" who will surely want to have a "say" here and there with every change you want to make. I definitely would not put myself through that.