Financing scope for construction planning - assessment and experiences?

The additional 20,000 in equity each year exactly cover the price increases of land, building materials (house), and labor costs. Especially in areas that are already expensive today, an annual price increase of 4-5% is unfortunately "normal". In that respect, saving at this level for a few years would not really help. Sad but true.

They would help massively, as they significantly reduce your personal risk.

Nobody really knows... but it is no longer as unlikely as it was a year ago. And for a 1 percent increase in mortgage interest rates, the ECB does not necessarily have to raise interest rates. Much less is enough. I would not ignore the risk.

Thank you very much. You have already given me quite some insight - admittedly also a bit delusional. Well. I will get some offers and then plan in more detail. Let's see what conclusion we come to.

The land prices are ridiculously high. Can't you find anything cheaper?

Otherwise, I also see it as poorly planned. If something happens to you, the family is bankrupt.

Unfortunately, in BW you have to be glad if you find anything at all! You just have to pay that price unless you get land from the municipality...

And with this situation (the entire financing rests on the main earner), I would definitely take out a term life insurance... costs about 20 euros per month or even less and the wife and children would be taken care of if something happens to you...

Correct, that is the situation in BW. And [Gemeindegrund] is just as expensive. Risk life insurance is mandatory anyway – if you don’t have that for the money, you are saving in the wrong place.

No option to drive away from the big city with your finger on the map? Here the prices are less than half... of course, in the countryside... but at least right by the [BAB], 40 minutes to Stuttgart and Lake Constance... works well, unless you want to be independent of a car, then not.