And be sure to calculate your installment once the baby arrives and your wife partially loses her salary at first. You do have "some time according to plan," but don’t let time become your downfall. If necessary, ask about flexibility with the loan.
We can adjust the installment for free, which is what we plan to do during parental leave. After that, my wife will have to work again, that much is clear to us.
Just my personal opinion: I still think you will be missing at least €20k and that’s thinking positively. I find it strange to calculate with €100 and not even round up. We rounded up and included positions in the offers/construction cost breakdown for the bank that won’t be realized. That works very well for us because the money is already gone and the cash buffer of €20k is half gone even though construction only starts Monday. What I want to say is, so much unexpected happens during construction that the buffer melts faster than you’d like. My guess is you will postpone everything except the L-bricks and the backyard landscaping. And don’t look so much at the neighbor; he won’t tell you everything anyway. Unless you have his bank statements. :)
Construction electricity/construction water and connections with €12.5k are fine.
We could still borrow about €12,000 more to stay below 75% loan-to-value. We’ll just have to think of a few (sham) items to include in the financing. :)
Yesterday we also received the final house price (ready to sign): €241,000
Starting next year, we will most likely have another inflow of money because my sister will receive one of our parents’ houses. She will transfer us a monthly amount yet to be determined, but we don’t want to plan this money yet.