Financing land and single-family house near Mainz

15% equity will also be taken into account.

Holding back 15% equity is really "intense".

I find it particularly tight and barely feasible due to falling income during parental leave and increasing expenses because of the child. You have to be very careful during the offer phase and plan everything, as you will hardly be able to compensate for unexpected costs. The loan amount is already at the extreme end for your income at this rather early planning stage. As a tip, I would suggest posting the construction service description of your favorite option here. Helpful tips from forum members about cost traps might come up. The calculated incidental building costs are low. Don’t forget the garden. And I don’t believe the garage is included in the price.

Please excuse me, a 1 slipped in! We have withheld 5% of the planned construction sum for unforeseen expenses. So far, 1% has been used.

...With the financing amount (why don’t you have any equity?) you will – if at all – only get a bad condition. I calculated with 3.5% interest/repayment. That’s already €1,550 just in installments. ...