houesspie
2024-08-21 14:33:08
- #1
General information about you:
Who are you? Unmarried couple M / F
How old are you? 33 / 30 years old
Are there children? Yes, one child expected by the end of the year
Are more children planned? Yes, another one in about 3 years
What do you do professionally? Strategic purchaser / senior police commissioner
How many hours do you work? 40 / 20 (after parental leave)
Income and asset situation:
What income do you have (net)? €4,315 (he) + special payments broken down monthly €500 / €1,967 (she 50%)
How much child benefit is there? €250
How much equity do you have? €190,000
How much equity do you want to invest in the house project? €150,000 – 160,000
Expense situation:
Housing costs:
Current warm rent €880
Electricity €70
Phone, internet, mobile €75
Mobility costs:
Car loan (or savings rate for a new car) €300
Insurance €55
Taxes €10
Fuel €250
Repairs €100
Is there a second car, motorcycle, scooter? Yes, insurance + taxes are not paid by us
Insurance costs:
Private health insurance €254
Liability insurance (including pets) €3.10
Capital or term life insurance Covered by employer
Pension insurance (including Riester, Rürup, etc.) My employer pays €3,240 annually into a company pension plan with a guaranteed interest rate of 3.25% (therefore no private insurance)
Disability insurance €130
Household insurance €10
Other insurances (e.g. travel insurance, funeral insurance)
Living expenses:
Groceries €600
Restaurant costs €150
Personal care / drugstore €100
Medicines €20
Clothing €100
Daycare / school fees (and meal money) €350
Club memberships / gym €120
Toys €50
Spotify & Netflix €30
Tickets €30
Miscellaneous €300
Savings:
Vacation €400
House
Retirement provision €200
Others (ETF child) €50
Income and expense totals:
Total income €7,032
Total expenses €4,237
Balance €2,795
Of which sum of cold rent and non-essential savings €880
Hello everyone,
My partner and I expect our first child together at the end of the year and are currently looking into what is realistically possible in terms of property given our income situation. We are not searching concretely right now; this concerns a scenario from summer 2026 onward, so the following should be noted:
Currently my girlfriend has an income of just under €3,000 net
She will receive parental allowance for 12 months, but the little one will only start daycare at about 18 months, so we will have roughly 6 months with only my income
I myself will take parental leave twice for one month each and reduce my income for that time
The available equity is calculated based on what we currently have + what we realistically can save additionally in these two years
Our housing situation will change in November to €880, currently we still live separately with a total warm rent of about €2,100
A new (used) car as a family vehicle will be bought in the coming months and paid in cash; this amount has already been deducted from the equity
The living expenses have already been calculated by me based on the situation with a child; how they actually turn out in practice we will see from January, I was rather generous here, I think
As mentioned at the beginning, my current goal is simply to gather experiential values about what experts from the forum and other private individuals consider realistic as a monthly rate (and possibly also total amount). I understand, of course, that the situation may be different in two years. I also have in mind that my girlfriend would take parental leave again with a second child (parental allowance €1,400).
That was quite a lot of information from my side; I hope someone reads all this through at all. I want to be as transparent as possible.
I am happy to answer any questions and look forward to your experiences.
Thank you.
Who are you? Unmarried couple M / F
How old are you? 33 / 30 years old
Are there children? Yes, one child expected by the end of the year
Are more children planned? Yes, another one in about 3 years
What do you do professionally? Strategic purchaser / senior police commissioner
How many hours do you work? 40 / 20 (after parental leave)
Income and asset situation:
What income do you have (net)? €4,315 (he) + special payments broken down monthly €500 / €1,967 (she 50%)
How much child benefit is there? €250
How much equity do you have? €190,000
How much equity do you want to invest in the house project? €150,000 – 160,000
Expense situation:
Housing costs:
Current warm rent €880
Electricity €70
Phone, internet, mobile €75
Mobility costs:
Car loan (or savings rate for a new car) €300
Insurance €55
Taxes €10
Fuel €250
Repairs €100
Is there a second car, motorcycle, scooter? Yes, insurance + taxes are not paid by us
Insurance costs:
Private health insurance €254
Liability insurance (including pets) €3.10
Capital or term life insurance Covered by employer
Pension insurance (including Riester, Rürup, etc.) My employer pays €3,240 annually into a company pension plan with a guaranteed interest rate of 3.25% (therefore no private insurance)
Disability insurance €130
Household insurance €10
Other insurances (e.g. travel insurance, funeral insurance)
Living expenses:
Groceries €600
Restaurant costs €150
Personal care / drugstore €100
Medicines €20
Clothing €100
Daycare / school fees (and meal money) €350
Club memberships / gym €120
Toys €50
Spotify & Netflix €30
Tickets €30
Miscellaneous €300
Savings:
Vacation €400
House
Retirement provision €200
Others (ETF child) €50
Income and expense totals:
Total income €7,032
Total expenses €4,237
Balance €2,795
Of which sum of cold rent and non-essential savings €880
Hello everyone,
My partner and I expect our first child together at the end of the year and are currently looking into what is realistically possible in terms of property given our income situation. We are not searching concretely right now; this concerns a scenario from summer 2026 onward, so the following should be noted:
Currently my girlfriend has an income of just under €3,000 net
She will receive parental allowance for 12 months, but the little one will only start daycare at about 18 months, so we will have roughly 6 months with only my income
I myself will take parental leave twice for one month each and reduce my income for that time
The available equity is calculated based on what we currently have + what we realistically can save additionally in these two years
Our housing situation will change in November to €880, currently we still live separately with a total warm rent of about €2,100
A new (used) car as a family vehicle will be bought in the coming months and paid in cash; this amount has already been deducted from the equity
The living expenses have already been calculated by me based on the situation with a child; how they actually turn out in practice we will see from January, I was rather generous here, I think
As mentioned at the beginning, my current goal is simply to gather experiential values about what experts from the forum and other private individuals consider realistic as a monthly rate (and possibly also total amount). I understand, of course, that the situation may be different in two years. I also have in mind that my girlfriend would take parental leave again with a second child (parental allowance €1,400).
That was quite a lot of information from my side; I hope someone reads all this through at all. I want to be as transparent as possible.
I am happy to answer any questions and look forward to your experiences.
Thank you.