Meaningful financial planning?

Thank you for the answers, yes that is correct, the income refers to 1 person.

Hello Rosmarin,

I have the following questions for assistance:

1) You are not married and live with a life partner?
2) What interest and repayment burden do you desire?
3) In which city (due to the selection of regional banks) will the project be carried out?
4) Do you have a 13th or even 14th salary?
5) No credit burdens?
6) Have you already thought about the fixed interest period for the 130,000 euros?

I assume the income refers to one person. How else can you accumulate this equity with the rent and income?

Looks to me like a classic inheritance

Looks like a classic inheritance to me

Which is also ok. Still, the income doesn't fit. Unless you make yourself a slave to the bank.

Of course, that's okay, I didn't mean it in a judgmental way.

I stand by the fact that it can work. The calculator roughly gives 1.76% for 25 years, which makes a rate of just under €820 plus €450 ancillary costs + reserves, totaling about €1,300. The residual debt after 25 years is just under 60k, so negligible. Percentage-wise, it's more than recommended. But if you're the type of person who knows what they're getting into, doesn't want to travel the world every two years, and lives modestly, for me it's doable, though it requires discipline. If, of course, you place a lot of value on consumption, you should leave it. This constellation is very type-dependent. For one person it fits, for another it doesn't. Only the original poster can answer in which category they fit. But please be honest with yourself, otherwise it can indeed be a nasty awakening.

Are there children? 1 child, does not live with me, no others planned.

Sounds out of the blue like a maintenance obligation. Does something still have to be deducted from the net?