Financing for 124 sqm semi-detached house – too tight?

Yeah, the conflict potential lies in the gardens and on the terraces and in front of the front doors. As said, the neighbors are decisive, not the house. Unless you really have a few hectares of land and the next neighbor is a quarter of an hour away. Although even the farmers like to get into arguments sometimes ^^

Thanks again for your feedback.

After brought up the topic of insurance again, something immediately caught my eye that I hadn’t really realized before. We actually don’t need a (expensive) capital-forming life insurance anymore since we are taking out the term life insurance for the house anyway and now building our capital for retirement in other ways. So there is definitely potential for savings here. The catch is that the insurances were arranged within the family and that there will be endless discussions again about “this isn’t right at all, canceling this nonsense now!!!!", but we have to get through that :)

Thanks a lot for the input, you’ve helped me enormously with the decision-making.

Yes, but no one can bother you with noise, for example, in a single-family house

That is not quite correct. You can also hear the immediate neighbor...

Unfortunately, the windows let through much more noise than the walls.

The windows let through quite a bit - more than common walls.

Yeah, the conflict potential lies in the gardens and on the terraces and in front of the front doors.

Standing or staying in the garden has a lot of noise potential. The single-family house character also allows one to be a bit noisier in the evening than in a terraced house, where you learn (if you don't already know) to be more considerate towards the neighbors.

if we take out the risk life insurance for the house anyway

Note that a life insurance policy only covers the risk. It is relatively inexpensive but you don’t get anything out of it except for the risk of, for example, death. So I wouldn’t cancel the life insurance, but you can reduce the premium so that you can manage well with, for example, 50/100€ per month.

With a semi-detached house, you live wall to wall with the neighbor.

However, there is no shared wall; each house has its own walls and some insulation in between.
This is absolutely fine and not comparable at all to a shared wall like in an apartment, for example.

At least this is how houses have been built for 30 years. In older buildings, there might possibly be a shared wall.

But there is no shared wall; each house has its own wall and in between there is some insulation.

That is called wall to wall, as also mentioned by :)

Thanks again for your feedback.

After brought up the insurance topic again, something immediately caught my eye that I hadn’t really realized before.
We actually don’t need an (expensive) capital-forming life insurance anymore if we take out the term life insurance for the house anyway and now build up our capital for retirement in other ways. So there is definitely potential for savings.
The catch here is that the insurances were arranged within the family and that there will be endless discussions again that “this is all wrong, canceling this nonsense now!!!!”, but we have to get through that :)

Thank you very much for the input, you have helped me enormously with my decision-making process.

But I would be a bit more cautious:

1. If a life insurance already exists (in this case a capital-forming one), is the death benefit sufficient so that one can save on taking out a new term life insurance?
2. Disadvantage of a new contract: higher entry age and possibly problems with health/risk questions.
3. What minimum interest rate was agreed for the savings portions? Old contracts can be considerably better than what the capital market currently offers.
4. Therefore, check whether premium suspension might be the better alternative.
5. I do not see that, as a property owner, one can do without other private retirement provisions.

I advise reviewing the contract and reconsidering whether it still makes sense in its current form or needs to be adjusted.
Simply canceling the contract without further data is not a good recommendation.