How much repayment is advisable for how much net income?

These are 125sqm KFW55 without a basement, in the Rhineland. The municipality is considered one of the cheaper ones in the region.

The reserve fund is rather modest (it would certainly make sense to have 150-200 euros, electricity is 5,500kWh and depends on user behavior)

Better calculate with 500 monthly or maybe even 550 euros for the house size. If in the end it's 500 euros less per year... good for Christmas presents.

Interesting! I always had these 400€ additional costs in mind, but never included the GEZ fees, DSL & telephone! They were always thought of as costs but never in that item, so my 400€ are actually realistic

But what alternatives are there?

Again, a very good argument. I mean that seriously. Of course, I am afraid of the change. But ultimately, this additional financial burden will come. Whether through a larger apartment, a condominium, or a house.

The higher salary can and may also come. However, I will not take out a 30-year financing based on an expected salary increase. But if this is manageable at the moment, it should also work in the future.

The last sentence is very true. And we have already talked about risk coverage through insurance. I can speak from hindsight. Married in 1985. At that time, two whole life insurance policies were taken out. One was due in 2005, the other will mature in 2018. With the 2005 one, we financed our [REH] back then. 300 thousand Marks. It gave 400 interest per month and about 1000 Marks premium. With two children at the beginning, it was tight, but it became easier and easier. And in 2005 everything was paid off and because the life insurance went well, there were still almost 50 left, now in euro. I would say, in hindsight, it was not risky and we also did not really suffer hardship. The current house, more of a retirement home, will soon be paid off up to 40 thousand by the other life insurance, which comes due in July, in a few months. Smaller, cheaper, 200,- monthly premium, but still enough to pay for the house to a good extent. We will then pay off the remaining 40 in installments until 2022. Then it’s over. Since we now have a combined gross annual income of 80 thousand, it doesn’t hurt. But I also want it not to hurt anymore. I want to be able to fly to Agia Galini, Crete, for hiking, I want to be able to go out with her, sail, keep two cars, etc. You are probably wondering why built with life insurances? Well, that was the fashion in 1985, and life insurances were quite profitable back then and were also very tax-advantaged. Karsten

Karsten again you are standing somewhere in a residential area. Karsten's quarter

In case it hasn't been mentioned already... per baby, the Federal Statistical Office calculates costs of about 500 EUR/month. These then increase further for schoolchildren and students. If I remember correctly, this value is excl. care costs such as [e.g. daycare].

If it hasn't been written already... the Federal Statistical Office calculates costs of about 500 EUR/month per baby. These then increase further for schoolchildren and students. If I remember correctly, the value is excl. care costs such as daycare, for example.

Well, they really calculate generously. You only consume that much and no more. Unless you buy all the clothes new and branded. Especially the first 3 to 4 years it's kept within limits. Only then slowly do sports/music/... courses and the expensive toys from advertising start. If you include the care costs, it makes more sense.