Is building a house possible with our salaries? Your opinions

What you earn is what my unskilled buddy makes in interior construction...

No one says the salary is bad!

Well... yeah...! I find the comparison insulting. Even if there is some truth to it. Many apprenticeships don’t reach 2300 net.

Well... yeah...! I find the comparison insulting. Even if there is some truth to it. Many apprenticeships don’t reach 2300 net.

...and many earn well over €2,300.

It may be that the wording went a bit too far, but I didn’t find it that insulting, especially since I don’t know why a comparison with a construction worker would be offensive or whether meant it that way. And maybe it was just a reaction to the claim that there are probably many millionaires here. Anyway...

But it doesn’t change the content. It’s a regional issue. There are regions where you may be above average with that salary, but there are also regions where it’s at most average. And Hesse/Frankfurt is a top region for average salaries, you can just ask Google. And I repeat myself, average salary without equity capital is currently not enough to build a house. Those who have been frugal from age 20 and saved vigorously might be able to do it, but only if they have the equity by age 30. Neither is the case with the OP. His priorities were elsewhere. His full right. But then no new construction at the moment. And if he starts saving now and the market doesn’t collapse in the next 3 years (which I don’t believe), he will rather have to save for 5 years or more for a new construction.

Ok, I actually thought that with 29 we already earn more than the average German, not too bad. But it seems like there are a lot of millionaires here in the forum if our salary is not good enough
So, learned something new again

Users from metropolitan areas are simply used to completely different numbers, which is why I also refrained from having our income situation publicly evaluated here. Together we earn even a bit less than both of you, and surely they would have tried to talk us out of our house building project right away, even though the ink on the loan and land purchase contracts has long since dried.
In my opinion, too much attention is paid here to what "comes in" and too little to what "goes out". I also work at a bank and we have customers who earn 3,000 net, but somehow manage to spend almost all of that money by the end of the month and preferably even go into overdraft. I would much rather give a construction loan to someone who maybe earns only 2,000 net but lives like a Swabian housewife.

For an unmarried couple, it is still a rather modest idea to commit over 2000€ per month. On top of that, practically no equity, desire to have children at the same time as building the house, etc. If you already have two children and know that amount X is sufficient to live on, you can also aim for that range with your salary if you want to. Currently, I still find it negligent.

With 2% repayment, you are not done after 25 years but rather after 34-35 years.

Well... yeah...! I find the comparison insulting. Even if there is some truth to it. Many apprenticeships do not reach 2300 net.

Yes, unfortunately!