Should I finalize construction financing now or wait, experiences?

I also consider the repayment rate too low.

Why? Someone who builds at 30 will be done repaying the loan without special repayments in 35 years by retirement. They are only 33/27 years old.

However, the loan is very high. To ultimately evaluate something, you would have to relate the income to it. And then you could possibly ask why the repayment is planned to be so low.

The repayment rate is not inherently low. At the current interest rate level, it corresponds to about 3% repayment three years ago with interest well below one percent.

Because let's not kid ourselves: you first have to have the 5% special repayment to be able to use it. Because a 13th or even 14th salary usually goes to other things than special repayments on a house.

With nearly half a million in equity and now probably over 6k net (after company car), you can occasionally make special repayments.

Why? Those who build at 30 will be finished repaying WITHOUT special repayments after 35 years at retirement. The two are only 33/27 years old.

The repayment rate is not low per se. With the current interest rate level, it corresponds to about 3% repayment three years ago with interest well below one percent.

With just under half a million in equity and now probably over 6k net (after company car) you can also make special repayments.

3k net man, 3k+ net woman, if I see it correctly? If DINK is planned, everything is easily doable. As soon as children come, unfortunately the construct collapses because with the combined salary of man + woman you are not, or just barely, able to manage the rate during parental leave.

Now it is a new house, so comparatively only little needs to be done afterwards. But investments always arise (terrace, garden, other purchases like furniture)

We will finalize this year, currently at 2.65%

Yes. Sometimes I also wonder in which parallel universe some people live or how meager it is with an income in the upper third...

6,000 [Steine] sounds like a lot... But only if you are two. As soon as children and a house come into the picture, in which there is constantly something "needed" for many years after moving in. Then it is quite little, especially since part of the income disappears and/or, depending on the federal state, exorbitant fees for childcare are added.

6,000 Steine sounds like a lot... But only if there are two people. As soon as children and a house come into play, where constantly something is "needed" for many years after moving in. Then it is quite little, especially since part of the income also disappears and/or depending on the federal state, horrendous contributions for childcare are added.

I would also calculate what can be managed with one salary at most to break even at the end of the month.

However, I don’t see the point about childcare that strictly. In practice, the lady is usually working part-time when daycare starts.

Depends on which federal state you live in. We currently pay 31 EUR/month for 2 children because the older one goes to after-school care and the second child is cared for free... In Hannover, we paid 370 EUR/month for the first child in daycare, and colleagues from Bavaria report proud 500 EUR per child, per month.

You can deduct about 2/3 of that on your taxes, of course.

But the wife also earns less because with 6 hours of care time, she can only work 4 hours. The rest is spent bringing, changing, commuting, etc.