Risk house financing or not?

LW does not want to hear advice, but only wants the plan approved. I cannot interpret all the responses any other way. No one here is trying to talk you out of anything, but only to point out risks that are not insignificant with over 100% financing. No matter how much your net income is. The fact that you can handle it with your salary is not up for discussion... only "if the word if did not exist"... I did not want to brag or anything, but in a serious case I would come out debt-free, whereas with you your life could be totally in debt in no time! But it's like the lottery, one risks losing money, the other risks winning money.

I certainly don't need "approval" from strangers. The decision is still ours! I want to hear neutral opinions about a possible [FINANZIERUNG]. And from experienced people. Because we don't have any yet... Everyone can share their pros and cons, which we will also take to heart. We like to learn. But I don't have to constantly discuss my husband's salary and job here or be accountable. That is not the main topic here. There are other forums for that.

We understand that such a large amount is a huge risk. Otherwise, we wouldn't have sought advice here. Thanks already to everyone for the advice. We will think it over and probably have to save a bit more.

Best regards

Hello,

But it is all about money, if you are planning with 400000, you have no choice but to wait longer to save some more. And with only one salary, I would be even more cautious because no job is secure today, just like a relationship. So wait another 2 to 3 years and it would also be good if you earn something yourself. Better safe than sorry

Your husband's salary, you just have to put up with it, such a salary is not exactly common in Germany. But that's really not the point here. Basically, everyone wants to show you the risk. If you were buying something used for 250k, the situation would look completely different, but financing 400k is really tough.

Again about the construction period: How much are your commitment interest charges? Keep in mind, if something goes wrong with your construction company, the bank doesn't care, they want their money, your landlord too. That will probably be more than the 1800 you are aiming for as a rate.
And one more thing: Life insurance over the debt amount should be clear, right? No idea how much that costs at that level!

You are still really young at 25. Even at 30, you are still one of the few who are already building at that age!
Maybe try to secure the interest rates for the future with a Bauspar contract. But it's best to discuss that with a financial advisor (not with a bank).

somehow it’s not quite clear to me why my husband’s salary has become the topic here now???

Because a 400k financing is already tight with 4k net...

An important point is how secure it is that your husband will continue to earn 4k+ net...

This cross-border commuter issue is naturally a bigger risk than if your husband were simply employed in Germany... Risks include the different handling of salaries for cross-border commuters, exchange rate fluctuations, or generally laws/changes that could come in the future in connection with cross-border commuters...

Because one thing is already certain: as an employee in the gastronomy sector in Germany your husband will not earn 4000 net! It will probably settle around 2000...

Basically, it doesn't matter. She is simply very convinced by her husband and his performance ability. It's nice that way. Whether she finds a bank on the German side that will finance it is another matter. If yes, she takes the risk and hopes that everything stays as it is. You have heard everything here that can give you some food for thought, now you have to decide. I would advise you not to lose sight of the worst case and to take out the right insurance. You can financially protect yourself against illness or occupational disability. Especially with only one earner, it is strongly recommended. In the gastronomy industry, this can happen quickly... herniated discs, heart attacks, etc... well, good luck to you and have fun building.