Maximum land costs compulsory auction

The drop in interest rates is greatest when you only need 100% financing instead of 110%, and second greatest when you get down to 95%. In this respect, it can definitely be worthwhile to at least save up the incidental purchase costs (in my case for example already 30k€) and beyond that ideally another 5-10%. This has already been mentioned here. In the end, you might not need less credit, but you pay significantly less interest.

Yes, although some banks have no problem with (subordinate) financing of the (partial) incidental costs if the creditworthiness is otherwise good. So if there is an opportunity somewhere, “catching up” on the equity is also an option. I mean, if you earn well, you can certainly save an additional 40-50k in 2 years. Sure, the interest rates for such loans are significantly higher (around 6%?), but it’s basically only a short-term bridge. I am aware that this opinion will be in the absolute minority here. For people who have studied longer (including debt, which of course has to be paid off first), then have to furnish their living space first, acquire a vehicle etc., I definitely consider this a possibility. Of course, it is associated with increased risk, which one must obviously be aware of.

I mean, if you earn well, you can certainly save an additional 40-50k in 2 years. Sure, the interest rates for such loans are significantly higher (around 6%?), but it's practically just a short-term bridging.

No problem. Just like the kitchen, two cars, and a bit more furniture. You want to live, after all. A savings contract with immediate payout is pretty cool. Certainly, quite a few people did it that way. Maximum risk to the limit. And then came Corona and short-time work :rolleyes:

Save afterwards!
This is a completely new direction for marketing at banks.
Treat yourself NOW and just save a little afterwards!

Apart from that, is right: if income and creditworthiness are okay, it is initially not a problem if there is no equity. It probably rarely happens, but for the bank's calculation models, this works.

So if there is an opportunity waiting around any corner, "top-up savings" of the equity is also an option.

This is called a consumer loan, that already exists... I also had an offer to "increase" my equity through a regular installment loan, because it is subordinate.

I only had little equity because I had only worked part-time due to the children. Working hours were then increased, so income was there, but nothing had accumulated yet. And: in the year I bought the house, I also bought an (expensive) car. I never dreamed that the right property would cross my path so quickly. Otherwise, the car purchase would have been different, more modest... But since then, I have not seen any property that would have fit the budget. So... it all works out again.

expensive) car

I have the attitude that a car should cost a maximum of three months' income and preferably not be financed. Cars are mostly value depreciation machines. As investment assets, they usually lack a practical daily use.

I have the attitude that a car should cost at most 3 months' income and preferably not be financed.

Gross or net?