How much remaining debt at 46 is okay?

1) Property value / construction costs at purchase = 430,000 euros
2) Outstanding debt after the first financing = 240,000 euros
3) Age at outstanding debt = age at follow-up financing = 50

Repay 2% and invest 1% in an ETF. Let's see who wins the game after 20 years.
At 5%, I could reach 150k after tax. Then the outstanding debt would only be 90,000€. But everything is uncertain.

It also depends on the income situation.
Anyone who has paid off a full repayment loan in the last two years can be happy.
It will not be as cheap for a follow-up financing anymore.

Which bank offers financing with a maturity of 87??? o_O Hope you meant 67??

No, actually 87. Financing entered at 47 with a term of 40 years. With the banks that do something like that, you have free choice ==> every bank does that, why not?

No, actually 87. Financing entered into with 47 and 40 years term. With the banks that do this, you have free choice ==> every bank does that, why not?

According to the Wikri, the bank must ensure that the installments can also be paid during retirement. This is difficult for a regular retiree. This is only possible for particularly long-term insured persons at the BBG or civil servants.

the acceptable remaining debt also depends on children and their costs for education. After 15-20 years of financing, the children often start studying. Possible inheritance should also be taken into account, even if it is not morally ideal. At 46, not yet, but 10 years later, one could stop working for health reasons, because it is not really their education/interest, because it was only done for the money. Is there the possibility of subtenants? Is one willing to move into an apartment? All this plays a role and is more important than the amount of the remaining debt.

the acceptable remaining debt also depends on children and their costs for education. After 15-20 years of financing, the children often start studying.

Oh no, please not this topic!!