Owner-occupied home - Is realistic financing possible?

However, every month that I transfer rent pains me. I could also put that money directly into my own house.

But you can... simply save as much money as possible and then use it later to finance the house! It's much more effective than financing like crazy right now...

I mean, you pay 470€ rent... if you financed now, you would probably end up paying double that amount just in interest to the bank...

so what's better? Burning 470€ and saving 700 for your own home or burning 900€ and "saving" 270 for your own home

1. Don’t pay him a cent for his services 2. He can’t give you any figures on the day of the first meeting 3. He also goes through all the costs with you again. Whether the costs are appropriate or not, I think he should be able to assess that (if he works regionally and deals a lot with builders). For us, for example, all the additional costs are much cheaper. We will never come close to 35K. But that is purely due to the region. Our financier told us that directly. In other regions of Germany, I think the 35K will already be necessary.

1. A truly independent financier charges a fee - and is not dependent on the commission that certain products bring him. 2. Why not? He should be able to give non-binding guidelines - after all, he is a professional. 3. That is desirable, but an unscrupulous businessman can also mention wrong or not all costs. It depends on the "how." Is your house already built? Otherwise, I would be cautious with the statement about the additional costs. (See 3.)

Regarding 1: I rather don't think so.

Either I pay him a fee and maybe have a better offer from another bank -> money thrown out the window
Or he only gets a fee from me if I also sign the contract with him -> then we are almost the same as now, only that in my case I don't pay anything.

Regarding 2: Quite simple. What use is a "benchmark" to me as a customer? Of course, we also received a benchmark. However, that was not a number, but the statement "the costs determined can be financed with the money we would like to spend."
I meant more that a serious provider would not say "you get 200k € for 821 € / month." Because the market is far too volatile for that.

Regarding 3: That is also correct. That’s why he should have experience with construction financing and be local.

No, the house is not built yet.
However, we have all the costs incurred, after the listing by [Bauexperte] or [€uro] (sorry you two, I always confuse you), already in black and white from the providers.

Only if the excavation contractor now uncovers something bad, that wasn’t quantified (which makes sense, no one can say until the hole is there).
But our financier has also provided a buffer.

We were also skeptical when he calculated the numbers for us (because of the numbers mentioned so often here). But our financier wrote down every item for us and so far it fits.
For example, in our case, you pay only just under 3000 € for electricity / gas and water.

That’s why it should also be someone who knows the region. Of course, there are also regions where you easily need 35 K. Those are also the regions where you pay 100K+ € for 650m² of flat building land (here you pay just 33K for that).

Ultimately, it’s like with the house company. The gut feeling also has to fit.

Just saw, it was Bauexperte with the list ;-)