Financing for a single-family house, is it realistic?

Hello Wastl,

thank you very much for your reply!

That's exactly what we are thinking right now as well...
Construction costs are not expected to drop significantly, and before we continue paying rent for the next 3 years, we would rather invest the whole thing into a house.
The plot of land would probably be cheaper in 3 years, since the current plot is privately owned and with a price of 290€/m² exceeds the "normal" municipal price of 210€/m² somewhat, but then the interest rate risk comes into play again over the 3 years...
All in all, a difficult decision but surely there are worse financings than the one we have in mind? :-)

The exact living area will only be determined together with the architect or in the next few weeks based on our preliminary planning, these are currently only rough values.

Best regards
Eloee

That's true, the land prices have risen extremely. The construction project you want to undertake is not bad. The financing is also sound, no one can predict what life will bring. I also find the personal contributions of 50,000 euros a bit overestimated, but if the parents and family help, then it is realistic.

Who dares, wins.

In this sense, all the best.