Planning to build, is it realistic? Young + Equity

Hello

I know some people who would be happy to start the adventure of building a house with that much equity. 350,000 euros are available. The plot costs 100,000. If then another 100,000 comes from the bank, the place should stand. Maybe help out a bit yourself and the extra wishes are covered. Currently, an effective annual interest rate of under 1.2% is normal. At least with this loan-to-value ratio. That means 1,200 euros interest per year, so 100 euros per month. Then another 400 euros repayment and the whole thing fixed for 20 years. Now that's a solid financing.

Steven

she "helps you pay off the house" and ends up with nothing...

She doesn't have nothing, she lived nicely for years(?).

That's how partners finance each other's house.

It depends on whether and how you arrange it. The general/shared living expenses (food, drinks, GEZ/broadcasting fee, water, electricity, landline/internet, building insurance, property tax, garbage, ...) could be split equally. Up to that point, no house has been financed yet. It is then up to both parties to find a way that neither "lets one finance the other's house" nor allows one to live free of cost.

I also know such partnerships that split everything fifty-fifty and pay separately in restaurants. One couple even has a child... then one buys the diapers and the other the wet wipes...

I find that pretty silly. What kind of relationship is that?!!! Pff... some people are just nuts

Just because I say I would like to finance the house alone, I am being told how I should manage my relationship. And that we would share everything equally...?

Just because I say I would like to finance the house alone, I'm being criticized for how I should run my relationship. And that we would share everything equally...?

No.. just slightly off track The core message: You are still very young and building a house isn’t going anywhere. Better to first see how things develop with the relationship/family etc.

Regards, Steffen (who "tested" with his wife for 8 years until the wedding and 14 years until building the house)

We are going around in circles... The OP wants to build a house, which is understandable, so he should do it. Whether and what is possible will be explored by the banks.