Good offer for a young family? Buy yes or no

Now the question... is that calculated too tight?

Yes! There are two great key figures: What is your current cold and warm rent? What is your current savings rate? Does that fit with a house payment of 1350€, 150€ reserves, and 400€ incidental costs?

The house was built in 2000, so why should the heating be replaced now? It wouldn’t be anything special if it still runs for another 10 years or more. Generally, such a house should still be in great condition at only 20 years old. What I don’t quite understand is that such a house has a bathroom that MUST be completely renovated and then with 15-20,000€, because you definitely can’t feel comfortable in it.

Believe me, the bathroom is really not nice. There wouldn’t be much comfort.

Everything is TOP except the bathroom is terrible, which is hard to imagine. Have you surely checked everywhere in the house too? Can you really leave everything else as it is and is it only the bathroom? A bathroom can also be designed interestingly with imagination and less money. Tiles can be painted over etc., toilet and sink replaced, some color here, new mirror there... simple standard fixtures... depending on that you can manage with 2,000.- as well.

That loudly calls for a photo! Would you like to show one of the bathroom, ?

This whole thing also seems to me to be a rather tight situation, so one should know their spending situation very precisely. In addition, the family allowance that was applied for does fall away, or am I mistaken? This is only paid for a certain period of time.

There are two great key figures:
How high is your current cold and warm rent?
How high is your current savings rate?

Does that fit with a house installment of 1350€, 150€ reserves and 400€ incidental costs?

It is quite tight. Price-wise probably a good opportunity, but ultimately already too expensive for the family. 33% of the household income would just be feasible for the installment.
You have to weigh whether you want that. If the own house is a lifelong dream, then you might accept compromises in other areas (vacations, clothing, etc.).

Difficult. If the situation in the real estate market does not change, with the income you will definitely be out in the future. But is exactly this feeling (FOMO) a sensible advisor for a life investment?
I would only do it if I can complete the whole project with repayment subsidies (Baukindergeld, etc.) and fixed interest (fixed for 20 - 25 years) without inheritance.

I would do it because, the rate is fixed for 20-30 years, the current rent is increasing, the years will be tight but it will ease again. Talk to the parents and lay everything open, consult and plan as a family