Is financing feasible? Single-family house 155 sqm

Here’s a thought: your neighbors might not be 23 and 29, but 33 and 39... so under the same conditions, they have about 200,000 euros more equity and a smaller loan and also lower payments... yeah, and maybe at that age they don’t feel like staring at mineral concrete gravel for 5 more years... on top of that, they have calculated that doing the outdoor work themselves saves them 5,000 euros compared to the Romanian landscaper, given the private poor purchase prices... instead, they might prefer to work a few overtime hours rather than strain their backs...

I see it exactly the same way. We also didn’t feel like moving into a house and living the first years with compromises like a gravel yard, no patio furniture, no garage, or a field without a fence as a garden. If I move in somewhere and live there, I want it to be nice from the beginning and feel comfortable there.

For us, the question was also how people manage to save the money for the garage in the first years after moving in and then build it after five years or design the outdoor areas. Where does the money suddenly come from?

I see it exactly the same way. We also didn’t feel like moving into a house and living the first few years with compromises like a gravelled yard, no patio furniture, no garage, or a field without a fence as a garden. If I move somewhere and live there, then I want it to look nice from the start and feel comfortable there.

For us, the question was also how people manage to save money for the garage on the side in the first years after moving in and then build it after five years or design the outdoor areas. Where does the money suddenly come from?

It’s called sacrifice ;€ or inheritances

For us, the question was also how people manage, in the first years after moving in, to save money on the side for the garage and then build it after five years or design the outdoor facilities. Where does the money suddenly come from?

There are also many who receive a bonus payment once a year, from which something can be bought again.

Best regards
Sabine

That's called renunciation ;€ or inheritances

We also know enough people who were able to pay for the property or similar through inheritance or gifts within the family (for tax saving + the positive effect that the older generation can still experience the joy and realization of the younger generation's wishes).

There are also many who receive a bonus payment once a year, from which something can then be bought again.

Best regards
Sabine

That is also common in some industries. If both work there...

I see it the same way. We also didn’t feel like moving into a house and living the first years with compromises like a gravelled driveway, no patio furniture, no garage, or a field without a fence as a garden. If I move somewhere and live there, I want it to look nice from the start and feel comfortable there.

For us, the question was also how people manage to save the money for the garage on the side in the first years after moving in and then build it after five years or design the outdoor facilities. Where does the money suddenly come from then?

Immediate consumption = more credit. The opposite is restraint and saving. Then I keep a larger buffer in my budget, and from that I plan my follow-up projects. It’s often a matter of personality.

Immediate consumption = more credit. The opposite is renunciation and saving. Then I keep a larger buffer in my budget, and from that I plan my follow-up projects. It’s often a matter of type.

Immediate consumption did not mean more credit for us. We deliberately chose against a new building house and for a condominium. It cost about half as much and we could remodel/equip everything as we wanted without increasing the basic loan or having to do without anything in the coming years. The monthly payment is (despite proper repayment) so low in relation to income that we don’t have to restrict ourselves despite the property.

Personally, I would find it dreadful to have to do without something because of a property. I only live once and want to enjoy my life - here and now.