Is project ownership financeable?

After 1 year, our framework conditions have improved positively, and we also have better/more data regarding expenses (rounded up with a buffer). Especially for food/hygiene items and daycare, costs will noticeably decrease (no more diapers, over 3 years old, etc.). However, I would continue to keep it accounted for, as other costs will certainly arise for a growing child instead.

Me: ~3000 3200 € + 200 € (monthly bonus)
Her: ~1000 at least 1200+ € (part-time)

Annual bonus & Christmas bonus I leave aside ~4000 €.

Affordable wedding planned (costs negligible), should possibly help us tax-wise?

Income now at 4342 ~ 4800 € (including child benefit)
Monthly expenses (excluding warm rent): ~1800 €/month

[*]Insurances (disability insurance, term life insurance -> already factored in on both sides summarily for the loan)
[*]Daycare
[*]Cars (private car insurance, company car already deducted from salary)
[*]Food, hygiene items, hairdresser
[*]DSL/mobile contracts
[*]Broadcasting fee (GEZ)

We have now saved ~130,000 170,000 €. We are doing very well here/price sensitive. We are currently managing to save about ~20,000 € per year without "pain," meaning we feel comfortable. However, we forego "international" vacations without sense and reason. Beyond that, the stock market has helped somewhat.

What is your experience regarding costs for furnishing & co. for a condominium? I am calculating here with 15,000 €. (kitchen, partly new furniture) – should fit, right…?

Would you dare to buy a property with the above data if you are looking at a repayment period of ~25 years?

Have I forgotten something – any logical errors somewhere – important items overlooked?

I think a rate up to max. 1300 € + additional costs (~500 Euros) should be manageable without us feeling like we are in a straitjacket & still having amenities included. Compared to the current rent of 1000 € warm, it is of course a noticeable cost increase.

I just can't get out of the "scaredy-cat" faction.

Solid finances

If you say so, that carries special weight for me. I probably have to overcome my reservations. Residual risks cannot be excluded, ...as always.

You can dare to do that. But 15k is not much for furnishing. I would plan that amount just for a kitchen plus amount x depending on how much you want to buy new. (I find especially the little things really add up: lamps, bathroom fittings, curtains/plissé ...) 15k is not impossible. Then it is just the Ikea kitchen with cheap appliances. That’s not a big deal either. I just wanted to make you aware of that. Is there even an apartment available at the price mentioned at the beginning?

What would you plan for? Better to be generous than to skimp at the end. 30k€? And yes, Ikea etc. would be my first port of call. I need good value for money or does IKEA fall apart after 10 years? So far, we have always bought furniture together. There you can get 400€ tables sometimes for 50... simply crazy.

Not a condominium directly, but the ETWA prices here always range between 400,000 and 480,000 € all-in.

With your investment horizon, you should not be invested in the "stock market".

With your investment horizon, you should not be invested in the "stock market."

Let that be my concern & I did not ask a question about that.