House purchase. Can we finance this?

3300 net and financing 300k. Ouch....

Nothing can ever go wrong there. There is no room for additional financing either. About 1300 - 1400 per month will go toward financing and additional costs of the house. Are you aware of that?

There isn't much room for many jumps like vacations, purchases, or saving. A bank will certainly go along with it. They don’t sugarcoat things for you but are very strict.

According to the last bank meeting, we could also pay off an installment of about €1500, or we could probably also borrow €450,000-500,000?!

WTF! If a bank employee really told you something like that, in my opinion, they should be immediately removed from their job and preferably locked up right away, that would be dangerously irresponsible.

WTF! If a bank employee really told you something like that, in my opinion he should be removed from his job immediately and preferably locked up right away, that would be dangerously irresponsible.

If the location of the property is OK, then he has done everything right in the interest of the bank. :p

Yes, that is probably true :D
Moreover, the situation etc. would really be very good :D

In any case, according to the bank discussions last year, we could finance about €1500. They just calculate the €3000 income minus the living expenses given by some table.
However, how that’s supposed to work is a mystery to us as well.

Be that as it may. Presumably, if everything really comes into question after the 2nd viewing, we will check exactly what would need to be done to keep the financing at +/- €220,000-230,000 and possibly exhaust all available equity.

Many thanks to everyone for the critical advice. That also matches our assumptions to not plunge into ruin :-)

PS: This morning we brought a sum of €300,000 into play in phone calls with the banks. There was no immediate rejection. We will receive exact offers by midweek.... :D so that would probably work again..
And no, these are not some online banks, but rather large, well-known local institutes

Wow, that is really tight for you. Above all, there are missing items in the expense list, especially the mentioned savings rate for new cars. You have two cars, they will have to be replaced at some point. But it is good that you apparently have affordable properties available. If possible, I would advise you to buy a property with little renovation effort, because unplanned additional costs will break your back. Isn’t there another property that would be affordable without renovation?

Kitchen and furniture have to be financed anyway from equity. Otherwise, I would now only renovate what is hardly possible, especially when you already live in it. Electrical work, in particular. Windows can be replaced later and a bathroom can also be renovated when the finances allow it. Why replace doors now? Then the project becomes feasible. Good luck!

And yes, a few hundred euros more income per month make a big difference in your case. I always see it this way: I have income and expenses that I cannot influence, fixed costs. These always occur (food, loan, house operating costs, mobility, daycare place...). Then there are things you can cut out if necessary, like vacation, hobbies, everything that is leisure. You also don’t have to buy new clothes. But it’s no fun to live like that in the long term. So if you have paid the fixed costs and a minimal amount for leisure fun, and then there is still something left over... That is free money and you can manage with it. Do something really great sometimes, save for the new bathroom, whatever. That way you are somewhat flexible. And whether this item is zero or 500€... That is a huge difference.