Financing question for the dream of a house

Hello, 2,500 for additional costs and living expenses is completely sufficient for a normal household. Vacations, etc. are also included in that. But how does your calculation fit with a child and only one income? Why do you only repay 1% and save 3,600 EUR for a special repayment (... which you will probably not afford, as most eligible people do not, since more important things always have to be paid right now). Besides your thoughts about the house, also think enough about your life planning. Children are EXPENSIVE. By comparison, we earn about 4,200 net (one earner + wife with three small children) and afford a rate of 1,500 EUR per month. Despite the large family, we can live very well by our standards. Vacation, eating out, clothes, etc. all work. But we have also been keeping a household book for years and knew what was coming.

hello nordanney,

first of all, thanks to you too! We have also considered exactly this household bookkeeping and these thought processes. With our current lifestyle, after all the costs for the house, there is still 200 euros left for saving and a little surplus in the account. So we assume that we can manage the special repayment. Here is our breakdown:


Expense: Amount: Frequency:
Loan installment 1020,- monthly
Special repayment installment 200,- monthly
Ongoing costs 250,- monthly
Electricity 100,- monthly
GEZ (broadcasting fee) 19,- monthly
Groceries 200,- monthly
Insurance/Contributions/Savings 400,- monthly
Gasoline 300,- monthly
Car insurance 80,- monthly
Car tax 40,- monthly
Eating out 150,- monthly
Clothing 100,- monthly
Office 6,- monthly
Hobby 100,- monthly
Cell phone 70,- Monthly
Telephone 50,- monthly


Total 3085,-
Income 3400,-
Carryover +315,-

As mentioned, this is the actual situation for us two without children and calculated higher than what we actually spend (regarding eating out and clothing). Holiday / Christmas bonuses and secondary income are not included. Based on this calculation, I think it should work!

Regards Steve

I don't want to cause any alarm right now!

Nevertheless, in my opinion, some common expenses are missing. For example, one should include pocket money for everyone (with which one pays for hairdresser, beauty, or personal needs, coffee fund + miscellaneous). Then the items gifts and medications.

With €200, I would not be able to feed and hygienically care for our 2-person household. We are at about €500, okay, we often cook "good" things and also open a bottle of wine now and then; however, we do not spend €150 on eating out. This item should be slightly reduced, or you should get used to the idea that it will no longer be so "affordable" :rolleyes:

What falls under "laufende Kosten"?

Sorry! I was just out! Thanks first of all for the objections! @ypg: that's exactly how it was meant. As I said, this is the status with us! The other values (eating out) are variables that we have set higher than real. @erner: running costs are - property tax, water, waste, electricity for the heating system (LW heat pump - controlled residential ventilation) etc.

These setups are dangerous because they give a false sense of security. What is completely missing from your list are the costs for the car itself. Something has to be done there from time to time. And in the worst case, it can get really expensive. We're currently hit with changing the timing belt.... If children are planned, the whole plan doesn't work anymore anyway. Then you can calculate whether all of this can still work on one salary. If yes, then happy house building. If no.... well, too bad.

PS: the financing rate already includes KFW after the interest-free period. 1020 euros are 1%, but we will pay off a second percent per year with 3600 (saved over the months)!

Oh, it definitely won't work the way you think :) Especially in the first few years, you spend so much on furniture etc. that not much is left. And when you're done, the first repairs come, which are also missing from your list.

Hello DerDa,

This topic is also known to us. Also all these problems that can arise from it. We are currently dealing with them and are finding solutions for ourselves. But as I said. All that is known to us. That’s why I am asking this question here in the forum, just like people who are in a similar situation as us / will be, how do they still manage their lives. I just can’t imagine that this financing, as we are aiming for it, means the end of all days. And above all, that we are not the only ones who have trusted their gut feeling and are still happy. I only hear problems (rightfully so) but only very few offer solutions. Well, I think you know what I mean and hope you understand that.