New construction, financing feasible?

I think that fits, even with parental leave or a part-time job. But if the entire monthly surplus is spent on a high standard of living, then it doesn’t look good anymore.

I don’t think so. When 1-2 children are added, it is not only less money but also an expense block. The house doesn’t fit with that.

Hello everyone,

First of all, thank you for your advice.

In fact, the salaries have only been this high for 6 months.
We both receive about 15 salaries per year.
However, we have only calculated with 12 in order to still have a significant buffer at the end.

The house price already includes the sample upgrade and the additional construction costs cover the access roads, parking spaces, and terrace, and of course also the splash protection edge.

The garden is not considered for now.

The plot comes from the family, hence the favorable price.
The ancillary costs for land registry, notary, and court fees will be covered by equity.

As already mentioned, there is another buffer available.
Of course, we do not want to live without a kitchen.

I have calculated for myself with an installment of 1400 euros, 300 euros additional costs, and 300 euros reserves for the house.

Do you think this is realistic?

Hello everyone,

First of all, thank you for your advice.

Actually, the salaries have only been that high for 6 months.
We both receive about 15 salaries a year.
However, we only calculated with 12 to still have a significant buffer in the end.

The house price already includes the upgraded fittings and the additional construction costs cover the access paths, parking spaces, and terrace, and of course also the splash protection edge.

The garden is not considered for now.

The plot comes from the family, hence the low price.
The additional costs for land registry, notary, and court fees are covered by the equity.

As already mentioned, there is another buffer available.
Of course, we do not want to live without a kitchen.

For myself, I have calculated a rate of 1400 euros, 300 euros ancillary costs, and 300 euros reserves for the house.

Do you think this is realistic?

Hello everyone,

First of all, thank you for your advice.

Actually, the salaries have only been that high for 6 months.
We both receive about 15 salaries a year.
However, we only calculated with 12 to still have a significant buffer in the end.

The house price already includes the upgraded fittings and the additional construction costs cover the access paths, parking spaces, and terrace, and of course also the splash protection edge.

The garden is not considered for now.

The plot comes from the family, hence the low price.
The additional costs for land registry, notary, and court fees are covered by the equity.

As already mentioned, there is another buffer available.
Of course, we do not want to live without a kitchen.

For myself, I have calculated a rate of 1400 euros, 300 euros ancillary costs, and 300 euros reserves for the house.

Do you think this is realistic?

does that mean you previously had vocational training or university studies? or why is the equity missing?

does that mean you previously had an apprenticeship or studies? or why the missing equity?

At that age it is to be assumed, or they say they still have equity in reserve, but do not want to use it.

With good planning, realistic costs, a buffer, and a plan for parental leave, you can do that really well. You just have to forgo vacations for 2-3 years as long as less money is coming in or there are horrendous U3 daycare costs.

I also like that the fixed interest period is nicely long. Well... over 30 years can still be discussed, but it’s nice to see something solid that’s not based on a 10-year fixed interest period with much less income.

The 30 years were chosen because even 20 years of fixed interest do not significantly lower the interest rate. So we're talking about 1.59 instead of 1.77.

And then I am definitely focused on security.

We have simply tripled our net income in the last 12 months, or in my case, nearly doubled it.

And people have lived somewhere nonetheless. That should be considered realistically.