Realistic financing opportunity?

We don't know enough about the OP now, of course, but I saved €2000 every month from a net income of €2900 from the end of my studies until having children. That simply makes €120k equity in 5 years and not 0. By the way, place of residence Munich, so I doubt living in Brandenburg is more expensive.... Of course, everyone has to decide for themselves, but I find the "modest" thing kind of strange...

As an elementary school student, I saved €30 out of €40 pocket money. 75% savings rate! I wonder how you squandered your money during that time. I would have saved €130,500 in the same period!

I would also be very interested in how you managed that. I’m guessing a plot twist like "I lived rent-free in my parents’ apartment." Or "my husband earned €8000 net. He covered the major expenses."

How one is supposed to get by in Munich with €900/month in working life doesn’t quite make sense to me.

Let’s assume per month:
Shared flat room (so even as a pregnant woman, since apparently it went like this until the birth of the child, just as a side note) about €550
Mobile phone contract etc. €20
Mobility costs for public transport €20, I didn’t take a monthly ticket here, but assume that you do almost everything on foot/bike
The main insurances (disability/accident/liability) ~€100

So that’s already almost €700. Now you haven’t eaten or drunk anything, gone out, bought clothes, let alone had a vacation.
How the remaining ~€200/month is supposed to work out really interests me! Honestly!

Posting this as a prime example is a bit harsh...

Well, I say, modest lifestyle

Apartment heating €290
(Of course until the birth, even 1 year longer, the remaining €290 was of course paid by my husband)

Mobile phone €2/month, I still don’t have more costs there
Internet back then shared with neighbors, so €10 for me

No car until the child
MVV (public transport)? Why? Everything was done by bike

Liability insurance €5
Accident insurance €7
Don’t need disability insurance

Clothes I manage well with my basic stock, so €20/month is plenty for me.

Food €250/month

I come to €600.
Even if a few items are probably missing in the breakdown, we went on vacation twice every year, so apparently there was still enough for that

No one really has to copy that, but we were fine with it

And your husband earns exactly €2900 net, so if he has had that for a while, you could have at least saved the additional employment costs.

Well, I told you, modest lifestyle

Apartment heating included 290€
(Of course until the birth, even 1 year longer, the remaining 290€ was of course paid by my husband )

Mobile phone 2€/month, I still don't have more expenses there
Internet was shared with neighbors back then, so 10€ for me

No car until the child
MVV (public transport) why? Everything was done by bike

Liability insurance 5€
Accident insurance 7€
I don't need occupational disability insurance

Clothing I manage well with my basic stock, so 20€/month is easily enough for me.

Food 250€/month

I come to 600€.
Even if there are certainly still a few items missing in the list, we went on vacation twice a year, so apparently there was still enough for that

No one really has to copy this, but we felt good with it

And your husband has exactly those 2900€ net, so if he’s had that for a long time, then at least the additional employment costs could have been saved.

Warm rent 580 euros in Munich... not bad.
The remaining expenses are still nicely calculated. You had a basic stock of clothing? Where did that come from? 20 euros depreciation/month is very tight. BUT of course, it could work.

And you are comparing apples with oranges. You apparently had two earners in the household. In the end, your husband even earned more than you?
The OP also has two children. You had none yet.
And you yourself write that you had a car with the child.
You also don’t know when the studies were completed. With 2900 net, it doesn’t sound like a very long professional experience to me at first. (Of course, it depends on the industry)
The OP said both worked part-time because of the children.

Hello same_da,

regardless of whether the bank even releases money given the income and lack of equity, I personally find that too little. We also purchased a townhouse in Berlin in 2013 with two children (significantly cheaper) and had the exact same credit installment more salary than both of you. However, significant salary increases were already in sight, and the income was distributed almost equally between both shoulders. If it absolutely has to be Nauen, I assume we are talking about the construction project at Dreifelderweg, then why not rent in the new buildings on Bauernfeldallee? There you can get new 100 sqm with everything your heart desires for 1300,- warm. No matter how you twist the house calculations, the apartment is cheaper, more flexible, but of course lacks asset building, yet as a family you can live more.

Attached are our "house costs" from 2019, heating a bit more expensive due to service through the combined heat and power plant, but no cost risk in the basement. Management is also WEG for us, but really only for the traffic areas.

So, I am happy that such a lively discussion has arisen with a very wide range of opinions.

I will address some points, but I do not want to repeat myself.

[*]Equity: buying a house was not a long-term plan; part-time work due to caring for small children and part-time studies
[*]alternative rent: rental market for a 4-room apartment is tight;
[*]I will not be co-borrower... but of course I will also not be listed in the land register. (Basis of the residential building loan of my "in-law" parents)
[*]Loan on parents' house approved by siblings
[*]Garage with parking space must be purchased together

We take criticism of ancillary construction costs seriously. We are now considering a smaller property with fewer square meters but from the same provider. If anything at all comes into consideration. Some people just don't think.

We will see... as I said, it is not a lifelong dream but a reaction to the rental market and the necessity to choose a home base before our daughter starts school.

So, I am happy that such a lively discussion has emerged with a very broad range of opinions.

I will address some points but don’t want to repeat myself

[*]Equity: buying a house was not a long-term plan; part-time work due to caring for small children and studying part-time
[*]alternative rent: rental market for 4-room apartments is tight;
[*]I will not be a co-borrower... but of course I will also not be listed in the land register. (Reason: mortgage on my "in-laws'" family home)
[*]Mortgage on parents' house approved by siblings
[*]Garage with parking space must be purchased

We take criticism of ancillary construction costs seriously. We are now considering a smaller property with fewer square meters but the same provider. If anything at all comes into consideration. Some just don't think.

We will see... as I said, it’s not a dream of a lifetime but a reaction to the rental market and the necessity to choose a place of residence before our daughter starts school.

So anyway, regardless of whether you decide to buy or not, the said townhouses are really great.

We also thought for a long time about buying one of them when they were offered here in our city last year. You can really buy a nice and well-thought-out house for relatively little money.

The only thing that bothered us was that it is a homeowners' association. That means you cannot decide many things on your own, but together with all the other owners ... that wasn’t really for us. But to each their own.