Wow, things are heating up here in the thread. However, after the post on page 3 or so, I don't see it as critically anymore.
What was once "without equity" has suddenly become 30k equity, or 54k in 2 years. Please tell the bank the same: You have amount X, from which we pay the incidental purchase costs and amount Y we want to contribute, the rest is a buffer. Then it’s a much smoother thing and a coherent concept that the bank advisors and brokers will be much more willing to go along with. You can buffer a certain amount of risk with the equity buffer.
So, it’s not as bad as originally portrayed.
What of course doesn’t work is to still save 2*500€ after the financing. The house is more expensive in loan and upkeep than your rental apartment. You’re spending more money. That’s just how it is, but not terrible. How much cold rent and warm rent do you currently pay?
Don’t let yourself be completely driven crazy here.
It wasn’t any different in my thread back then... I also think that it’s quite doable. I’d be interested in the rent as well.
A whole lot also depends on your mindset when it comes to building a house. It also always depends on how high your standard of living is. Often enough people will tell you to save more, or that the amount is too high, but if you happen to have a standard of living 500€ less per month than someone else in this thread for example, every situation has to be considered individually. You just can’t paint everything with one brush.
We have been keeping a household budget for 1 year and know exactly what costs are coming at us. Calculate what additional costs you have in a house and inform yourself about additional costs with children.
You will quickly find out how much you can pay off monthly and what is possible.