Is land and house construction possible with our income?

So you are at approximately 300000 plus land

In short, regards

Phew... I thought I had roughly defined my limits and what is feasible. But so far it sounds pretty hopeless. I have heard from many that they have a loan installment of about €900, all in the range between €250,000 - €300,000 (I originally come from the Augsburg area). And with my rent in the Munich commuter belt of €770 cold and my car for €270 per month, I would have assessed the situation better. If the fixed-term contract is really the big problem, I really have to consider changing my job... although I don’t understand what’s better about a permanent position with one month’s notice. I would be out of the picture even faster than with a fixed-term contract in the public service. Does the bank expect that I will never work anywhere else for 35 years if my position is permanent?

So you are at about 300,000 plus property


Best regards in short

Ok, thanks a lot for taking a look first of all!!!
But the property was already included as I understood it, right?

Nope, that doesn't add up at all.
- Construction costs for 170m² without a basement with a lot of own work and veeeery little equipment: 255k
- Land 100k
- Additional costs 40k
Necessary financing amount therefore 370k.

Even with the fantasy numbers from the offer, no bank will give you the money. The net income is not sufficient and the fixed term will be a deal breaker.

--> Save, get married, and think about real estate again together in a few years.
And whether to bring your parents into the house should also be very, very carefully considered.

Nope, that doesn’t add up at all.
- Construction costs for 170m² without a basement with a lot of own work and very little equipment: 255k
- Land 100k
- Additional costs 40k
Necessary financing amount therefore 370k.

Not even with the fantasy numbers from the offer will any bank give you the money. The net income is not sufficient and the fixed term will be a deal breaker.

--> Save, get married, reconsider property in a few years together.
And whether to bring the parents into the house is also something to think about very, very carefully.

Well, actually only 350k... I already have 25k

Thanks anyway for your help

"House construction possible?" -> NO.