Single-family house financing €950,000; loan amount €750,000, equity €200,000

Did I read that wrong? 2200 amortization and about 650 interest per month, not even 2k left per month at the moment. Munich is expensive. But as already said. For the Speckgürtel a bargain.

...and "the safest job in the world" - as someone wrote here - is also the civil servant job with the highest rate of early retirement and disability. Almost 50% of teachers stop working well before the retirement/pension age. With an increasing trend. The job is indeed secure, but the salary scale also shows what the maximum is - without bonus payments or promotions. I wouldn’t sleep calmly because of that anymore.

Well, at least the promotion and the "maximum" you mentioned are guaranteed to you. Unlike many others - who probably earned around 5k a year ago and maybe even lost their jobs during the Corona crisis. Also a pension guarantee that is set in stone...

So you really have to stay realistic. A civil servant will never ever earn a manager’s salary or similar – of course, it always depends on where the ambitions/priorities lie – however, in my opinion, it is the safest job in the world --> as the saying goes about goods --> Best cost/performance ratio - that’s exactly how I see the civil servant job.

Precisely for this reason, 2 civil servants don’t necessarily have to pay off the loan by retirement age, since afterwards substantial funds continue to flow in, which a normal employee can only dream of. So, an individual assessment applies here – which probably does not apply to many people here – thus one should differentiate carefully and maybe also advise the original poster on other matters, as one would do with a “completely normal” couple with this income.

What will happen in 20 years is now crystal ball deluxe – the question is, can one live well with the calculation for the next few years. Even if, for example, there is only one salary. What ongoing costs as a family and care work may come in the next 10 years can be determined more easily. And there I simply see too little leeway. For example, we invest the entire child benefit to finance the child’s later studies – or the start-up capital for a place to live. Such factors are not yet included in the household account calculation.

No, exactly not! 50km away from Munich has nothing to do with Munich anymore. As long as we don't know the location and the standard land value, it's all speculation.

Of course, it now depends more precisely.
But for example, in Landsberg 50km to the west, in Bad Tölz 50km to the south, in Dorfen 50km to the east, and in Wolznach 50km to the north, already 1000€ per square meter is being paid.

A bargain for the commuter belt.

It will be difficult to find something cheaper in the Greater Munich area.

I seem to have overlooked something. 50 km around Munich means we are talking about an area of 10,000 km².
The above statements seem somewhat too general to me. Certainly, there are areas within 50 km of Munich where such an amount is appropriate to even cheap. But also many spots where this amount is massively too high.

To the original poster: Personally, it would be too risky for me. Currently financing >>125 times monthly net income may be possible in individual cases (like this one), but for me personally, it would be nothing.
Says someone who in the Munich "commuter belt" had to raise less than half equity with a bit more net income.