House construction financing: okay or better to make cuts?

We have pretty much the same net income with two children and I could never imagine this rate. We currently have €1200, €1700-1800 I could still imagine well, but I personally wouldn't want more than that.

On the subject of full-time: have you ever checked what the care at school looks like? For us, "full day" means from 08:00 to 15:30 on three days a week. Occasionally, that also gets canceled. The care hours in kindergarten were significantly longer and even with that it was very challenging to work full-time.

Thank you for your opinions and suggestions. So far, nothing has surprised me that I had not already considered myself. Nevertheless, everything is very helpful.

The "control" by setting aside the required installment is not necessary. When my wife's parental leave ends soon, we will have exactly the amount that corresponds to the difference between rent and mortgage payment (+ if we apply what we have been setting aside monthly for a long time). Therefore, we would have to manage with the stated installment just as we have in the past 12 months.

Care, etc., is not a problem since my wife is a teacher. Although there is also a lot to do on weekends, she is already home by 1-2 p.m.

When some say the installment is unimaginable, I think that one always - even if subconsciously - adapts their situation to what they have available.

Were you able to save something over the last 12 months to finance vacations or other major purchases? Because you will have to do that in the future.

You should definitely plan a very generous buffer and, if necessary, postpone some things to a later time. Because with additional financing it will get tight.

to do or not to do?

You asked for “objective opinions” and “different views,” especially since your friends also find it sporty.
The views here were apparently very one-sidedly against?!

When some say the rate is inconceivable, I think that one always – even if subconsciously – adapts their situation to what is available.

That is of course one possibility to justify one’s own imprudence.

Personally, I find it very interesting that there is no buffer visible in the calculation and that a house is talked about as “move-in ready,” where in fact it is not.

If by now you advise people with just under 7,000 EUR net against a home loan of 2,400 EUR monthly because it is financial suicide, then 75% of all homebuilders between 2012 and 2022 will be bankrupt within a few years. 7,000 - 2,400 = 4,600 EUR. You really have to be not all there if you believe a family of four cannot live well on that. Especially since his wife works 30 hours, so there would be almost 1,000 EUR more available here, plus automatic promotions in the civil service. Sorry, but if you cannot finance a house, then currently no one can anymore.

The statement is complete nonsense. By the way, it is "only" 6,700 EUR, not 7,000. Whether I have 300 EUR more or less per month, I notice very clearly. And whether you get by with that depends on the other expenses. For example, the number of cars and their monthly costs. Some people also need halfway decent clothing for professional reasons, whereas at home office jogging pants + T-shirt is enough.

I know plenty of people with significantly less income, but then I also hear how tight it is every month, and a summer vacation only happens in a very scaled-down form, and a major car repair quickly becomes a small disaster.