Semi-detached house (130 sqm) in South Bavaria financing

Didn't you mean near Wolfratshausen? Or was it Wolfratshausen itself? So yes, if it should go to Münsing for example, then I can understand you, the place is a dream... But in this case the property price would be great and I would snap it up immediately.

I don't know, if I already have stomach aches about the financing at the very beginning, it won't get better over time even if there is a "if" and "but" in the room.

You shouldn't underestimate gut feeling either!!! It rarely deceives.

And fall asleep every night with these stomach aches? Think carefully if it's REALLY worth it?

One of the important reasons for the desire to move is that the schools in our neighborhood do not have a good reputation.

Well, I commuted 10 km to school every day for eight years because the nearby alternative was not so good. It works too.

Didn’t you mean near Wolfratshausen? Or was it Wolfratshausen itself? So yes, if it’s e.g. going to Münsing, then I can understand you, the place is a dream... But in this case, the property price would be great and I would snap it up immediately.

Hi vonBYnachSH, true, Münsing would also be nice. In our case, however, it is another town in the Bad Tölz/Wolfratshausen district. Since the place might be enough for some to guess my person based on the given information, I didn’t want to name it exactly.

If you believe that prices in the area will not (massively) fall, then the debt is offset by a corresponding value. I don't have it in my head anymore, how high are the incidental purchase costs? Broker? Property transfer tax? If it "works out" every month and you can stop thinking about the amount... Basically considering the installment as rent (cold)... Why not? The higher the household income, and if you don't maintain an exorbitant lifestyle... I'll say, the "basic expenditure", which you can't avoid: food, clothing, mobility, childcare, insurance... then only takes up a comparatively small share of the household income. That means you can also spend more on housing. Whether you can suppress the loan amount and just look roughly at the month... Everyone has to know that for themselves. Personally, I usually can, but every now and then the day comes when I become faint-hearted and think I will never have money to "splurge" again... Really left over. There will always be a hole where I could put it... And reasonably should!

These amounts make you dizzy. Especially for what? I don't think much of it. Basically not. One should always think a bit further.

We also once lived in Nuremberg and considered buying a house. Everything was too expensive and above all, there was nothing available on the market. We also didn't want a tiny plot of land and this forced proximity to the neighbors was just as undesirable. Firmly rooted, work, friends and the quality of life were of course present.

In the end, the question was whether to go into debt for over 30 years and always! be dependent on the employer. To give up personal freedom. Despite very good earning opportunities and sufficient equity.

Therefore, we decided against buying in Nuremberg.

Today we are relieved about this decision.

Instead, we bought a house with a 2000 sqm plot in a rural area of central Germany. Close to Weimar, Erfurt, Jena. The whole fun cost just a small pocket money from the petty cash back then. A few years later, we bought a rental property nearby with 10 apartments. That also cost only a somewhat larger pocket money but had a 35 percent!!! rental yield.

We were also able to buy this from equity without financing.

We have found our happiness in life exactly here and actually don’t need to work anymore. Our child goes to one of the best private schools 4 km away. There is everything there. The school even has its own swimming pool. 2 teachers per class with a class size of 15 children, there is a medical service as well as the latest learning materials etc.

After a short search, I found a great job. Better than in Bavaria. My wife stays at home and manages the rentals.

We live in the middle of nature, have a small creek on the property, a few chickens, etc.

At first, it was a difficult decision to leave everything behind. Certainly, we would also have a house in Nuremberg today, but maybe 500,000 in debt and we would both have to work hard until retirement with all the associated risks.

Instead, today we don't have a single euro in credit. And with the ICE, it’s barely 90 minutes to Nuremberg. Just the countless hours in traffic jams were worth saying goodbye to.