Munich, is financing representable like this?

What do you want to hear? That you are a big shot in Munich? Pat on the back?

Sorry if I cater to your complexes and that makes you freak out. I just wanted to have a normal assessment because I also have certain fears and worries. By the way, I am a woman.

Your loan amount was also taken out by friends of ours for a terraced house in Munich. However, they had less equity and only 8k net + about 1k bonus. So in that respect, I don’t see a problem for you. Mathematically everything fits, even if you get queasy at first with those amounts. But I also get queasy at 11k net, where the two of us together barely have half, so it fits again ;)

I honestly wonder what exactly you want to hear. It's pure mockery when a self-employed person with 138k annual net, 240k cash and an almost paid-off condominium valued at 700k asks here whether he/she can afford a single-family house in Munich. That places you in the top % of the highest earners in Germany. Who else should be able to pay these outrageous Munich prices if not the top %?

And yes, I will admit it, with your income I actually get complexes. :p

Do it! Anyone who has earned that much has worked hard for it and should be able to handle these numbers easily. The framework conditions are great. Congratulations

well, anyone who earns 11K net but only spends 3K a month lives quite modestly (Munich standards) and consequently has respect for such amounts. I find the question completely understandable. Although I would rather ask family and friends who know me well and whom I trust. Strange reactions here sometimes :rolleyes:

If the house meets all wishes, definitely do it.

Would take out a loan of 1,125,000 over 15 years with 2.5% repayment, about 0.92% interest...

It might be worth considering choosing the loan with only a 10-year term. For 10 years, an interest rate of 0.49% could currently be feasible.