What can we afford? Young family homeownership. (Bavaria)

No, it simply doesn't fit! Income is clearly too low for the planned project! There isn't really much to discuss, everything else is just fancy calculations! Who wants to slave away just for a house when you want to live with your children! I really don't understand why people insist on building and don't first look for an existing [ETW]? But with that income, it is reckless to advise building!

Most regular forum members do not "see" you as a homeowner... because your salary is supposedly low, etc. But that's not true; rather, the lack of equity is usually the problem. I can only speak from my own experience and say that equity is the most important lever for real estate financing. Therefore, the advice: keep saving and possibly buy the land.

Just calculate how much you can save in the next 2-3 years. Since there is probably a building obligation on the land, you shouldn’t wait too long with the house construction.

Before you accept online consultation talks, go to your local bank and explore all possibilities first.

Well said, however, the (equity ratio) is often conditional or limited by the other (level of income). The exception is, of course, if there are generous sponsors within the family. Realistically, the folks can save at most 1.5k per month with many restrictions. That makes 18k per year (- inflation, - abnormal increases in construction costs). In the past 5 years, not much would have been left over from that, which would have significantly improved the situation.

Most regular forum members do not "see" you as a home builder... because your salary is supposedly low, etc. But that is not true; rather, the lack of equity is usually the problem. I can only speak from my own experience and say that equity is the most important lever for real estate financing. Therefore, the advice is: keep saving and, if necessary, buy the plot of land. Just calculate how much you can save in the next 2-3 years. Since there is probably a building obligation on the plot, you should not wait too long with the house construction. Before you accept online consultations, go to your local bank and explore all options first.

What you are writing is nonsense. The loan amount does not match the net income, which in large parts also consists of transfer payments. The wife working part-time will not earn significantly more than now. In addition, building a house entails cost risks. Where, for example, is the kitchen and the outdoor facilities? Bathroom furniture, etc.

And what YOU write is (once again) nonsense! Why should the woman in part-time not earn more than 370€? I see the financing with one salary as currently not feasible. But with an additional part-time salary of 1000-1200€ it is certainly possible.

I also think that there is currently no reasonable part-time position to manage the situation painlessly. The 250€ are only available for the period of 12-36 months, after which it ends.

There is a massive lack of equity here. You would certainly get a loan and also find someone to start building the house. However, the probability is high that the costs will get out of hand during construction and you will not be able to bear the double burden from delays. The strain of building a house, especially with 2 small children, should not be underestimated. You write that the children come first; with the credit limit and income, that would certainly not be the case for the next 2 years.

If it absolutely has to be and the idea has already taken hold in your mind, then at least change the plans. Local construction company, standard gable roof house with 100-110sqm of living space without any extras, pave a small driveway and have grass planted everywhere for now. That is affordable and you can then stay there with small children without being forced to slog every day for months after moving in.