House buying - No idea what one can afford

yes, there is a remainder and then you go on vacation and it’s gone. Maybe someone else defines remainder differently.

The definition of remainder is very simple. What is left over is not spent.
You spend everything, so you have nothing left over. Or did I miss that you still have savings somewhere

I also don’t know exactly what my cash withdrawals are spent on, that would be way too stressful for me. We also buy groceries when we shop and don’t have a monthly budget for food or anything like that.

That is your problem, you have no idea about your finances. If there is money, it gets spent. Then it becomes difficult to keep control and manage when building a house.
That is what many have already tried to convey to you.

In the end, you will have to significantly restrict yourself with a house. Are you prepared for that?

so at the moment you have a house, plan, buy, it always counts for me:

loan + additional costs + reserves. For me, it is clear to have these things. For everything else so far, we actually have insurance.

Of course, something can always happen with a child, work loss, etc., where it would have been tight, but so far we also knew that theoretically it would work with a lost salary, for example, in an emergency.

But I also know that the current scenario would of course not be ideal in terms of risk and what if.

I also don't know exactly what my cash withdrawals are spent on, that would be way too stressful for me. We also buy what we need when we shop and don't have a monthly budget for groceries or anything like that. I think many don't understand this point because for many, living like this is an absolute no-go. I also don't know exactly what the total amount of the loans looks like, that would probably be a no-go for many, too. I have to look for the documents

Oh come on.. I can barely work because I'm laughing so hard. What kind of stuff are you writing? Is all of this really meant seriously? Or are you maybe just a troll trying to fool us here? You really want to be an academic? You're just full of it. Who's supposed to take you seriously like that?

*shaking my head*

One should also read my very first sentence in the first post again...we are planning in the next months/years...

Yes, but quite quickly there was the idea to *buy* a house *now*; also because the woman often wants to have something right away. But we are past that point now.

about 700 Euro loans paid off,

According to rough estimates, will they be paid off in 15 months? Or later?

If you, let's say, put aside from now on 1333 EUR in the same period, you will also have 20,000 equity in 15 months. Then you fluctuate between your options 2 and 3 for buying a used property / new build through a developer; with new builds on a plot, option 3 can also apply in NRW; possibly even a bit of option 4. (Assumption: plot for 120,000 without a broker).

With new builds, of course, it takes quite a while before you can move in; significantly longer than with used properties.

And because you also showed that you put the money aside for her, you don’t just have 20,000€ equity, but then even 700+1333+1200 € ~3233 € available for your project. That is more than enough, including for reserves and necessary renovations on a used property.

The only problem is that the plausibility checker at the bank immediately flags when you have the 5000-6000€ net from your first [in context].

You should really keep a "household book" for a few months.

I also do not know exactly what the total sum of the loans looks like, that would probably be a no-go for many. I have to look for the documents

That will not please the banker and broker either. They want copies of the contracts/statements etc.

Oh come on.. I'm laughing so hard I can't even work. What kind of stuff are you writing? Is it all really meant seriously? Or are you maybe just a troll trying to fool us here? You really want to be an academic? You're full of it. Who's supposed to take you seriously?

*shakes head*

What exactly do you not believe me about now? It is 100% serious. The funny thing is that I am actually the one in my circle of acquaintances who is very organized with documents and common sense. Others really live like in the USA and just run out of money by mid-month, borrow some, etc... so there are much more extreme cases than us... But sure, now I am even being accused of fooling someone.. kind of stupid.

So at the moment you have a house, plan, buy, for me it always counts:

Loan + incidental costs + reserves. For me, it’s clear to have these things. For everything else, so far we basically have insurance.

Sure, something can always happen with a child, loss of work, etc., where it would have been tight, but so far we knew that theoretically it would work with one lost salary in a serious case, for example.

But I also know that the current scenario obviously wouldn’t be ideal in terms of risk and what if.

Wrong. The current scenario is completely crazy....

I like to repeat myself... sensible would be:

Step 1) First "forget" building/buying a house

Step 2) Pay off debts / set up a household budget and act accordingly

Step 3) Learn the basics of handling money

Step 4) Save for incidental building costs... 30k is initially a good rough amount

Step 5 optional) Save equity.. 10-20% as a ballpark figure.. perfect 30%

I can certainly also draw the 5 points for you as a picture.. maybe it will be better received then