Is financing possible with my own equity?

First of all, hello to everyone here.

My facts:

Plot available (as equity)
Cost for the desired house 260,000 €
Additional construction costs approx. 45,000 €
Intended safety buffer 10-15,000 €

Equity in this case is only the plot and the 15,000 € buffer

Desired financing amount: 300,000 €
Desired fixed interest period 20 years
Income: husband just under 4000,-
wife 850,-

Desired rate approx. 1200-1300 €
plus special repayment, I think from the 3rd year, with 5-8 thousand per year
My little problem to think about is somehow my age at 45 years.

What do you think about it??

Why thinking problem?

What is the value of the property?

Hi again,

so...

Size of building plot 1350 m², value..... in the area about 150,000€
attached another 3500m² of forest that directly belongs to the property.

Thinking problem.... is because I am no longer 25 and at 45, with 20 years, close to retirement.
I’ll put the question this way: am I worrying too much??

Regards Dirk

Are there only two of you? Or are children also involved? Do you really have €3500 living expenses?

Are the house costs based on a specific offer? Is it move-in ready or just turnkey?

Yes! Almost all bungalows in our new development area were built by retirees. The oldest is 80, and last year he treated himself to a boxwood hedge made from 10cm small plants :) In our area, many homeowners are around 50 ... What else can I say?!