How is a 400k loan financible without equity? Net equity at €4,500

That is simply not true. I find it commendable that someone tries to invest their money in something meaningful and the repayment rate is definitely doable with this income.
How much money do you think someone needs to be able to manage such an amount?
It depends on the standard of living. This statement regarding the "minimum income for a loan" is so wrong. What if someone who earns €7,000 spends €3,500 a month on things that are not necessary at all?
Such statements usually come from people who have no connection to money and have no clue how to handle it.

The repayment rate is doable, but then the person must also be aware of what sacrifice and saving mean.

Maybe you don’t need an expensive car, maybe you only go to the Italian restaurant around the corner every two months, don’t spend money every weekend on a €12 cocktail, shop at Lidl instead of Edeka, get a cheaper phone contract, refrain from unnecessary orders on Amazon & Co., maybe buy certain things on eBay Classifieds if possible, take a vacation every two years at the North Sea instead of twice a year in Bali.

So, and just like that, we have saved €2,000 a month that someone else might earn more, without losing quality of life. You can also go hiking for free... There are plenty of activities or fun you can have without spending huge sums of money.

To generalize something like this regarding income is just nonsense. It is always individually tailored to each person and everyone has to know for themselves where they want/can save and where not.

Purely mathematically, the whole thing is doable! That is simply a fact!

In today’s generation, so much value is placed on outward appearance, which is so weak... I praise previous generations. They knew how to save and how to make a dream come true.

Money alone doesn’t even come close to making you happy.

Don’t be discouraged!! If it’s all worth it to you and you know what it all means for the next few years, then go for it! Your money is well invested.

You can hardly describe it better.
Besides all the calculations about interest rates, KfW, BaFa, etc... some forget that such a house is an expensive but great decision, but like always, it comes at a price. This price is not only paid in euros but in sacrifice and commitment. Mathematically speaking, a house often doesn’t make sense, but I’m giving up my fancy, huge condominium because I want to have land around me and want to be able to act whenever I want, no matter how crazy.
You have to be brutally honest with yourself and really know yourself well if you can and want to live with this sacrifice for that long. If you can’t, then it simply won’t work; that’s how I know many people in my circle.
I consider living stylishly a special luxury, for which I gladly forgo many other things, and I even enjoy that many things no longer tempt me. I buy very few things but if I do, always of the highest quality and exactly what I want.
We have treated ourselves to beautiful furniture and great floors but live with the fact that the furniture was sometimes minimally used but still in top condition and the floors are second choice but still look like first choice.
It can be really fun to sacrifice this way and realize that with imagination, patience, and freedom you can create exactly what you want.
And that is exactly the point you mention: individuality that everyone has to determine for themselves.
I see some super stylish houses with incredibly beautiful plots that I probably couldn’t afford but also wouldn’t want because I have decided not to take on any more debt at my age.
Therefore, I can enjoy these beautiful houses without wanting them myself, because my path or my life is different, beautiful in my own way.
I think it’s great when people here are brave, build stylish houses, and hire a well-chosen architect so their dream comes true. But that is not only a question of money (as one sometimes reads here) but also about taste, courage, and priorities in life.
I often drive through new housing developments where young families live and am frankly shocked about what is now considered standard in terms of cars... and no... it CAN be different! I prefer to cook in my stylish kitchen or grill on the roof terrace than go to any restaurants because I always feel comfortable at home and I told my children the same: this or that is not possible because we have a house; sometimes I had to endure a sad look.
For this reason, I always enjoy when someone here once drives a stake in the ground and does it the way they like it and live with the possible consequences, rather than doing everything mediocrely and obeying the environment.
The small terrace can be better than the grand terrace and vice versa, just like standard X or Y. If it were otherwise, I would never have been able to feel comfortable in the various houses or apartments.
As says, it depends on one’s own individuality and the courage to live it consistently. Unfortunately, we often prefer to conform through must-haves, supposed standards, and constraints and then we are unhappy when we pass by a stylish house or lifestyle.
I find pink houses stupid or a beige-brown Hollywood swing. But if the respective owner actually feels good in it, then I think that is really great because then they’ve done everything right and I should better keep quiet and also act in a way that I too can feel as good.

Hobby-philosophical greetings
Unfortunately, I don’t always manage that either... but I’m working on it!

That is simply not true. I find it commendable that someone tries to invest their money in something meaningful, and the repayment rate is definitely doable with this income.
How much money do you think one needs to be able to manage such an amount?
It depends on the standard of living. This statement about "minimum income for a loan" is so wrong. What if someone who earns €7,000 spends €3,500 a month on things that are not necessary at all?
Such statements usually come from people who have no connection to money and have no idea how to handle it.

The repayment rate is doable, but the person must also be aware of what sacrifice and saving mean.

Maybe you don’t need an expensive car, maybe you only go to the Italian restaurant around the corner every two months, don’t spend money every weekend on a €12 cocktail, maybe shop at Lidl instead of Edeka, get a cheaper mobile phone contract, refrain from unnecessary orders from Amazon & Co., maybe buy some things on eBay Classifieds if possible, take a vacation every two years at the North Sea instead of running to Bali twice a year.

So, and already we have saved €2,000 less per month, which someone else might earn more, without losing quality of life. You can also go hiking for free... There are tons of activities or fun you can have without spending huge sums of money.

To generalize something like this regarding income is simply nonsense. It is always individually tailored to each person, and everyone has to know for themselves where they want/can save and where not.

Purely mathematically, the whole thing is doable! That is simply a fact!

In today’s generation, so much value is placed on outward appearance, that is so weak... I admire the previous generations. They knew how to save and how to make a dream come true.

Money alone does not even remotely make you happy.

Don’t be discouraged!! If it’s worth it to you and you know what it all means over the next few years, then go for it! Your money is best invested.

That is simply not true. I find it commendable that someone tries to invest their money in something meaningful, and the repayment rate is definitely doable with this income.
How much money do you think one needs to be able to manage such an amount?
It depends on the standard of living. This statement about "minimum income for a loan" is so wrong. What if someone who earns €7,000 spends €3,500 a month on things that are not necessary at all?
Such statements usually come from people who have no connection to money and have no idea how to handle it.

The repayment rate is doable, but the person must also be aware of what sacrifice and saving mean.

Maybe you don’t need an expensive car, maybe you only go to the Italian restaurant around the corner every two months, don’t spend money every weekend on a €12 cocktail, maybe shop at Lidl instead of Edeka, get a cheaper mobile phone contract, refrain from unnecessary orders from Amazon & Co., maybe buy some things on eBay Classifieds if possible, take a vacation every two years at the North Sea instead of running to Bali twice a year.

So, and already we have saved €2,000 less per month, which someone else might earn more, without losing quality of life. You can also go hiking for free... There are tons of activities or fun you can have without spending huge sums of money.

To generalize something like this regarding income is simply nonsense. It is always individually tailored to each person, and everyone has to know for themselves where they want/can save and where not.

Purely mathematically, the whole thing is doable! That is simply a fact!

In today’s generation, so much value is placed on outward appearance, that is so weak... I admire the previous generations. They knew how to save and how to make a dream come true.

Money alone does not even remotely make you happy.

Don’t be discouraged!! If it’s worth it to you and you know what it all means over the next few years, then go for it! Your money is best invested.

Precisely the things you described, especially vacations, mean quality of life for us. We look forward to vacations for a long time and enjoy them.

Especially the things you described, above all vacations, mean quality of life to us. We look forward to vacations for a long time and enjoy them.

And that’s a good thing, and it’s something you need in life. It’s all just a question of to what extent I can/must do it.

Does it have to be a vacation to the USA every year, or can I maybe have a great vacation at the North Sea?
Do I have to eat out twice a week, or isn’t once every six weeks enough?

A few years ago, my girlfriend and I really indulged ourselves in so many things from everything I wrote about. Now the time has come when we no longer want that, and partly because of building the house, we can’t do it to that extent anymore—and I am not one bit unhappier because of it. On the contrary: I appreciate a restaurant visit so incredibly much! I look forward all year to a weekend short trip that is planned, and I always have in the back of my mind what I do all this for.

I think it’s possible to do things differently! I believe that our generation is just way too spoiled in many things and gets way too much presented to them through social media, etc. I even think that the more you indulge yourself, the less you appreciate things, and that TAKES away quality of life.

But yes, everyone has different views on that. I am simply firmly convinced, also because I have experienced both sides, that with such a goal in mind you can achieve so much and be so much more satisfied and thereby afford such a home and learn what sacrifice means without losing quality of life.

Everyone has to decide for themselves what is "indispensable" – in other words, what they definitely want to be able to afford alongside the house project.

For me, clearly, three things:
-Winter vacation with the children
-my horse
-my car (I could certainly get from A to B much "cheaper" in terms of purchase price – but here I treat myself to my "dream car").

And the rest... "normal standard". Summer vacation at the Baltic Sea or something similar, eating out – occasionally with friends, no "shopping spree" regarding the latest electronic gadgets... but that’s not important to me either.

The things you described, especially vacation, mean quality of life to us. We look forward to vacation for a long time and enjoy it.

You are apparently doing it right, and that is how it should be. However, some have to decide whether to have a fancy house or maintain a consistent standard of living in other areas, such as vacation. I don't find it bad to shift one's interests, which happens anyway partly when you become a homeowner. Vacation awareness is generally overrated these days, as if life without vacation would be just trash or less worth living. But here too, it is always an individual attitude. Enjoyment per se sounds very good, wherever and however it takes place.

Everyone has to decide for themselves what is "indispensable" – in other words, what they definitely want to be able to afford alongside the house project. For me, clearly, three things: - Winter vacation with the children - my horse - my car (I could certainly get from A to B much "cheaper" in terms of purchase price, but here I indulge in my "dream car"). And the rest... "normal standard." Summer vacation at the Baltic Sea or comparable, going out to eat – occasionally with friends, no "buying frenzy" regarding the latest electronic gadgets... but that's not important to me either.

...... what one can afford, not what one wants. The rest is "standard," and that's exactly the point: nowadays things are considered standard that not long ago no one would have even thought of, and yet people were not a bit unhappier. The priorities you mentioned – winter skiing, horse, yacht, car – sound like a classic from that old savings bank commercial – and if that’s how it is for you and you like it that way, then you are doing everything absolutely right! I read too often that something is standard, so I’d rather say that’s your standard or mine or the standard in the life of XY, but not a universal standard; otherwise, I would have to feel terrible because I’m not doing exactly these three things right now. Hm... I have to think about why I still feel comfortable.