Single-family house 1,000,000 affordability - monthly installment?

Yeah, and I can tell you that depending on your personal standards, a million including everything around it for 230 sqm + basement can quickly be burned through depending on the region.
Usually, the standard rises with income. And I don't mean extravagant luxury.
So don't get me wrong, that's a considerable sum, but when you start calculating and taking a closer look... it goes fast...

You still have room for quite a bit with the calculation example. Hopefully, your equity will also increase, otherwise you might as well use it right away and have more leeway for it. Besides, the place will be almost paid off by the time your kids go to university.

This doesn't have anything directly personal to do with you. In the last few weeks, there have been several posts with almost 7-position financings. Usually, the salary didn't match, here it does, but you have doubts. I sometimes wonder if one never learns anything in life that helps to weigh things like this? A certain intelligence is present through university studies.

Yeah, and I can tell you that depending on your personal expectations, the million including everything around it for 230sqm + basement can be quickly spent depending on the region.
Usually, the expectations rise with the income. And I don't mean wasteful luxury.
So no misunderstanding, that's a considerable sum but when you start calculating and looking... it goes fast...

In your calculation example, you still have some room. Hopefully, your equity will also increase, otherwise you might as well invest it right away and have more breathing room. Besides, the place is almost paid off by the time your kids go to university.

Yes, the buffer is currently calculated too tight for my taste. I come from the countryside and approached the planning expecting to get the same prices here. Think again... Although many have always claimed in advance that construction prices don’t differ that much. But they do, quite significantly.

Unfortunately, my wife finds the sum extremely high and would rather stay in our apartment given that. But for me as a country kid, a house with a garden is unfortunately irreplaceable...

This is not directly personal towards you. In the last few weeks there have been several posts with almost 7-figure financings. Usually the salary didn’t match, here it does, but you have doubts. I sometimes wonder, don’t people learn anything in life that helps them weigh such things? A certain intelligence is present through studying.

I am a lawyer. Sometimes intelligence has little to do with it ;) Look at the regions where these houses are supposed to be built. The prices make you dizzy. My real problem is that I have only recently started thinking about these sums. I don’t want the decision, which is quite long-term, to negatively affect me in the coming years.

Maybe I missed where you are building, but if your nickname suggests Munich, you have chosen the most expensive patch. And of course, construction prices vary regionally. Sometimes even significantly. Usually, the additional costs then also rise considerably. Architect, taxes, etc.

You can post your rough calculation, preferably in a separate thread in the appropriate subforum...

A house for €1 million is simply not given away for free. The million has to be earned, whether you want to finance it, then it has to be earned in the future (and cannot be saved up), or you tap into your reserves and then start (mostly) debt-free from scratch to save for the future.

You are in the fortunate position to choose which situation is more comfortable for you. Only very few people can do that.

By the way, the money is not gone; you have an asset in the form of tied-up capital with a roof over your head. That is already a good building block for retirement provision.

Even in life crises such as illness with loss of earnings, disability, depression, etc., the house of cards will not completely collapse, since in case of financing you can still fall back on your equity.

A thinker would probably decide based on the numbers and choose external financing.

If the gut factor outweighs (not wanting the stress of having to earn a million to repay), one will probably choose equity.

Think about what makes you feel better. Good luck!