Return to the homeland - how much credit can I afford?

Thank you for the answers. Income would be in € and is already less than it is now in £. House prices are similar in Frankfurt (except residential areas for heads of state and nobility), but living costs are much lower (childcare, child benefits, eating out, transport). This improves quality of life, I hope

Yes, with a €3500 installment minus reserves and incidental costs... You manage very well with €2500 free capital plus bonuses.

That improves quality of life, I hope

Quality of life, beyond a certain income (which you exceed), certainly does not depend on the neighborhood or the additional costs in Europe – it pretty much doesn’t matter where you settle. The question is: Does everyone in the family feel comfortable – with themselves, with each other, in the social structure, with their own health and that of close persons? What quality does the time spent together have? How well does one manage to set the right priorities? This luxury causes a lot of stress for some. In such a situation, I recommend not to take money so seriously anymore and to live well.

Sorry if this is maybe a bit personal, I'm just interested.

I already own a house (with a mortgage) that I would have to sell

Why don't you pay off the one house first with your equity and then see further?
When the time comes, sell the house and invest the amount released in a house in Germany?

I have nothing to do with banks, but I live near the Swiss border with many cross-border commuters. Apparently, they have no problems getting loans, but they already live here.

Maybe first "try living" here in Germany again, also because of the partner.

I would just be interested in which industry she wants to become self-employed without language skills? At the moment, things don't look so rosy for many because of the lockdown.

Best regards ☁️
Wolke

If your partner first needs to find her way around in Germany, I would initially recommend renting. You do have a very high income, but you might want to first consider what "quality of life" exactly means to you. A good job and a lot of money? A nice house or car? Little or no debt? Lots of time with family? Everyone sets their priorities differently. What good is it to you if you are happy in Frankfurt, but your wife is not?

Why does the environment have to be international? If you want to stay here longer, your wife should try to integrate and learn German. An environment where only English is spoken is not very helpful in that regard.

I would only consider buying a house once it is certain that you want to live there for a longer time. Otherwise, it doesn't make sense.

You should definitely get the desired loan when you are here ... I understand that you think everything through beforehand, I would do the same .... However, I would advise against buying immediately for other reasons: what if you don’t like it here or don’t like the job? Then you have maneuvered yourself into an expensive dead end. And maybe after half a year you realize that district xyz would be your favorite place to live, you simply can’t find that out quickly from a distance, I believe ... But we Germans always buy: once and never again Other cultures are different, if you don’t like it you can also get rid of the house in FFM again ... if that would be okay for you: do it, otherwise rent for a year first

The income will not be enough for a single-family house, try instead to become a member of a cooperative first to get an affordable apartment and see how much you can save each month. Alternatively, corporations like Vonovia also repeatedly offer apartments for under 10€/sqm cold rent.

You see, better safe than sorry!