New single-family house 140 - Is it financially feasible like this?

There are advantages and disadvantages to both offers. Tendentially, we are more inclined towards offer 2, but the relatively high rate worries us a bit

What would be the advantage of AG1? I don't see any. You mean the €100 more per month with "relatively high rate"? :rolleyes:

Repayment rate: 2.5% (the bank doesn't allow it any lower)

Good bank...

Offer 2 is okay.

P.S.: You guys are always so lucky here, great salaries and dirt-cheap plots, it really makes you jealous.:)

Thank you very much for your assessment! Yes, we were lucky with the plot, new plots now cost 130€/sqm.

What would be the advantage of AG1? I don’t see any. You mean the €100 more per month with a “relatively high rate”? :rolleyes: Good bank…

The advantage of AG1 is the possibility to temporarily reduce the repayment rate to below 2%. This allows you to somewhat compensate for temporary salary losses, such as with a second child. This would make you a bit more flexible. We find it difficult to calculate parental leave and are concerned that we may be taking on too much. What do you think? :confused: And the lower commitment interest rate is also an advantage. Do you see no problem with AG2 and consider it feasible?

You have €6800 net and are seriously considering whether you can manage a €1460 installment?
We planned and started with €5000 net and an installment of almost €2000.
We also don't have any children yet.
We will save away another €20k over the next 2 years as a parental allowance reserve.
(By now our salary has increased somewhat, so there definitely won’t be a problem now, but we could have managed it anyway.)

A change in the repayment rate can of course also reduce the costs if you can significantly increase the installment afterwards!
However, for me the interest difference for this option would be too big!

You have €6800 net and are seriously considering whether you can manage a €1460 installment? We planned and started with €5000 net and an installment of almost €2000. We also don't have any children yet. We will save another €20k over the next 2 years as a parental allowance reserve. (In the meantime, our salary has increased somewhat, so it will certainly not be a problem now, but we would have managed it anyway.) A repayment rate change can of course also reduce the costs if you can significantly increase the installment afterwards! But here, the interest rate difference for this option is too large for me!

Good evening, I agree with the previous speakers, the installment of €1500 should be quite manageable. I think then you are at €2000 with the ongoing costs (including a small reserve). The parental leave should just not be extended over several years. Regards

You have €6800 net and are seriously considering whether you can handle a €1460 installment? We planned and started with €5000 net and an installment of almost €2000. We also don't have kids yet. We will save away €20k over the next 2 years as a parental allowance reserve. (In the meantime, our salary has increased somewhat, so there definitely won’t be a problem now, but we would have managed it anyway.) A change in the repayment rate can of course also reduce costs if you can significantly increase the installment afterward! But for me, the interest difference for this option is too big!

Thanks for your assessment! Yes, if you look at the current situation, we have no concerns at all. But if the net income shrinks to €5600 (€1800 parental allowance) or for the second child possibly to around €4700 (rough estimate). Yes, the difference in interest rates is definitely significant. We are also tending towards offer 2 and just wanted to get another opinion from outsiders. Thanks again!