Savings beginner with questions about the plausibility of the "rough" plan

My goal is to own a house with a maximum monthly burden of EUR 1500,- (including interest, repayment, additional costs, reserves). The term is "relatively" unimportant to me. (It will be at least 30 years anyway)

Starting situation:
Well, I am 35 years old/young and my partner is in her early 30s.

Net annual income me: 36,000,- (+ bonus amounting to net 3,000-5,000,-, which I never take into account)
Net income her: 24,600,- (+ Christmas, holiday, and vacation pay, which we do not want to calculate here)

Available equity: 18,000,- (savings account)

Annual total savings amount: 21,600,- EUR
********************

Our current "plan" looks like this: we will "hang in" in the apartment for 2 more years. (Because hopefully, we will have a child then).
In these 2 years we will save an additional EUR 43,200,-.
If we add our current equity, we come to an equity amount of EUR 61,200,-.

So with 5 k€ net - and if you keep up your savings ambitions - I don't see it as that critical.
You should plan parental leave well and then it can work out well.

At first I thought with your income it would be tight, but it’s net.
Banks are also sometimes more generous regarding equity then.
However, I would avoid taking out the loan during parental leave... better before. Without a gut feeling.

I tend to lean more in the other direction.
I also do not consider it impossible. However, if you definitely plan to have a child in 2 years, I would add at least another year before applying for the loan.
Children cost money. Lots of money. Most childless people are not aware of this (no offense meant, it's a fact – it was the same for me).
One more additional year, which you use for saving (the amount that sticks), and you can better estimate your finances. In addition, you may then have bridged the "parental leave". You might also know then if your wife will return to work full-time or only part-time (because otherwise not feasible).

If you are too lazy to cook, you two can
a) go to sushi for 60€,
b) get a pizza at the Italian place for 25€ or
c) "enjoy" a frozen pizza at home for 4€.
That way, you can "save" 1m² of tiles per evening.

That’s a good one .

Learn to cook – you will need it with a house and especially with a child. As parents, you usually want your offspring to eat properly.
And – believe me: once your little one starts crawling/walking, you can cancel restaurant visits except for a few exceptions. After HE has eaten, HE does not care if YOU still have to wait for your food or want to enjoy your meal. Going out to eat with small kids is a regular "pressure build-up over time" .

You do want it : only the youngsters don’t... Potatoes are a success with us and get a tick on the vegetable list
I can agree with the eating out thing... not only is it not particularly fun - no, it also always costs about twice as much (with two kids)

Learning to cook is definitely high on our list!
We are typical city dwellers who just can’t manage to live a structured daily life out of convenience. Everything always hurried, here and there, etc...

We ourselves strongly hope that we will change once we are out of the city. We want to move to Schleswig Holstein. However, prices there are currently rising sharply... So we have to see whether buying a house there in about 2 years will work out. I definitely will not move any further away from Hamburg.

Well... You are definitely right when you say that "one" (or at least I) has no idea how expensive it will be once the child is there... I ask everyone around me who has children, but the numbers vary from EUR 250,- to EUR 500,- monthly (plus child benefit). At least in the first year.

Regarding the waiting... Well, actually one is not running away. But, you know how it is... When you want to "have" something, you want it immediately! Of course, that is not possible. But, I actually don’t want to wait a whole 3-4 years until I have the house. Actually! But if it can’t be done otherwise... Well, then I just have to.

Is my goal actually realistic?
Goal: monthly burden in the amount of EUR 1500,- (incl. interest, repayment, additional costs, reserves). The term is "relatively" unimportant to me. (It will be at least 30 years anyway).
With a total amount of approx. EUR 470,000 and approx. x0,000 to x0,000 EUR equity?

Additionally, the child will also need a kindergarten place! That also costs a lot. Especially in Schleswig Holstein... :-(

In your early 30s, it will be difficult to have a positive approach to cooking and the feeling of thriftiness. But who knows? Maybe at least one of you will enjoy it.
My film recommendation for Henstedt-Ulzburg: Once in a Lifetime - the story of the Semmeling family's house construction
However, they built in 1974
Better than Chevy Chase!

So, I have taken a very close look at our finances and have now come to the following result:

Total net income: x,820,- (Excl. bonuses, Christmas bonuses, holiday pay)

Total expenses: EUR x,500,-
Included in these expenses are, among others, EUR 850,- for food (outside and at home), EUR 180,- as pocket money, EUR 200,- for the holiday fund, and EUR 75,- for vehicle maintenance.

So, if everything goes according to plan (which it actually never does), we could save EUR x,300,- monthly. The standing orders to the respective savings accounts have been set accordingly, and New Year's Eve is just right to start clean with the new way of "housekeeping."

x,300EUR x 24 months = EUR x5,200,-
x8,000EUR (equity) = EUR x8,000,-
-------------------------------------------------------
Total equity January 2018 = EUR x3,200,-


Question:
Taking the above values into account, would financing with the following parameters be realistic?

- Loan amount: EUR 400,000,- (for house and land)
- Additional costs: EUR 70,000,- (kitchen, garden, notary, taxes, etc...)
- Monthly burden: EUR 1,500,- (incl. interest, repayment, additional costs, reserves).

If yes, then we could manage to bridge the parental leave until she works again at at least 50%. With a better tax class and her lower salary, we would have a net income of about EUR x,200,- (incl. child benefit).

And thanks again for your support and patience!
Regards
Mattheu