Is financing feasible? The large numbers scare me

So for me, that all sounds very very solid. And 700,000 are no longer large sums for houses nowadays, especially not in Bavaria. With new builds, you are very quickly over a million.

If the house works for you, I would definitely go for it.

If you go to the bank today with the data, in my opinion it won’t work.
Sustainable income is 3150 + child benefits, from that little rent after taxes, reserves, and non-allocable costs hardly anything will remain. Most banks are not interested in parental allowance.
You won’t get half a million credit with that.
Equity is of course top, but the income is too low for these amounts.
I think you will have to wait until both are working again.

But I see that completely differently. Why shouldn’t parental allowance be considered income? The €1,800 maximum rate is based on a corresponding income before this period. Furthermore, parental leave is very short in relation to the loan term. There are suitable models for that.

500k credit with about €5,000 (3,150€ + 1,800€ + rental income) and the high equity ratio should be easy to get.

Our banker said at the time that customers with such equity are readily accepted. (The good customers meanwhile are equipped with suitable loans and almost only 100% financings remain)

From a financial perspective, it is feasible... So why not?

Well, you say it yourself , parental allowance is only granted for a very short time. Whether the previous income will be earned again afterwards can only be speculated, but that is of course not certain. I have merely stated my level of knowledge that parental allowance is initially not taken into account by many banks, and income before parental allowance or planned afterwards should not even interest them, what counts is here and now. I do not doubt that the overall financial situation of the OP is rather rosy and that a property will also be included.

Maximum parental allowance means good income and the job is waiting for the parental allowance recipient. Where is the uncertainty? I would have no concerns, you will be able to choose a lender.

Hello, solid finances, selling the student flat. Whether to buy a used house for 700k and need renovations is up to each person to decide. I would look again. With the parental allowance, we also had problems with some banks back then. They wanted to wait.

The only option is to inquire. I just recently, while heavily pregnant, completed a financing completely without any problems (and was able to choose the bank), but I also know some people whose banks caused trouble and only wanted to count one income – however, those people are rather not in the maximum parental allowance bracket.