Is home financing feasible? Experiences?

I don't include child benefits...

But that is wrong for small children. The money simply remains in the account long-term. Otherwise, you also have to leave out childcare etc. on the expense side. Either consider both sides or neither.

Let's leave the child benefit as it is and keep in mind that, in principle, one should not speak about color as a blind person.

First of all, I am frankly amazed that one can earn 5,500 EUR net, respect for that to begin with.
In total, we're talking about around 7,500 EUR net/month. It hardly matters then whether there are 2 or 3 children; the third child is, at least if you believe the statements of many acquaintances, by far the "easiest" and "cheapest."
Out of 7,500 EUR, 4,000 EUR/month are currently being saved, so 48,000 EUR/year... whether that will continue once you live in 180 instead of 80 m² remains to be seen, on the other hand, there is no great reason to save much more if you live in your own home, because...

... what for then?

A loan broker once told me that you should take the monthly net income and multiply it by 100. That would be approximately the loan amount that one can finance "solidly." However, that was back when interest rates were 1-1.5%.
If we estimate that intelligently for an interest rate of 3-4%, you would probably still be well off multiplying your monthly net income by 70? Then you could borrow 525,000 villains from the bank and still be solidly positioned. Combined with your 300,000 EUR equity, good 800,000 EUR would then be no problem.

But that is wrong for small children. The money is simply tied up long-term in the account. Otherwise, you also have to omit childcare etc. on the expense side.
Consider both sides or none at all.

I think the mistake with the second salary is recognized. Someone might add the third, but it's not necessary, as opinions differ and it doesn't have to be discussed here.

Let's leave it at that regarding the child benefit.

Thank you.

We currently have a rate of about €1900 with 2% repayment and ~2.5% interest under quite similar conditions (net salaries €5400 & €1200, €500 child benefit, €700 rental income with paid-off property, minus tax).

Could it be more? Certainly at the moment. But I wouldn’t want that, simply because I don’t want to be trapped in my job. I am highly specialized, so if I lost my job or had to change companies, I would probably earn €500-1000 less net. Currently, that is not an issue because I am very happy with my job, but in the long term, I don’t want to HAVE to be stuck there because the loan has to be paid... or else get into trouble with the rate if I lose my job. I don’t know what kind of job you have behind this (if tenured it’s a bit different) and whether that is also one of your considerations?

For example, you could also take the smaller loan and reduce hours, or is that not an option?

For us, similarly 6500 + 350 (Teilzeitelterngeld + 500 Works fine with a 2200 euro installment And the money tends to increase (Teilzeit Frau)

Thank you!

The €1,800 is currently with STK 5 and 28 hours/week, but will tend to be less in the next few years at first, as I will return to work with 20-25 hours after the third parental leave.

My husband's salary will tend to increase, IGM company, employed as AT, there is also a variable bonus (higher four-digit range), but we do not want to count on that.

On paper, everything sounds fine, but the 2 in front already scares me a lot. Also because many of our friends bought/built houses for around €700k during the low interest phase and sometimes have installments of €1,400. The comparison is the death of happiness.