What is possible at all?

It would be nice if the OP would say something about it :rolleyes:

@Help

In principle, I don’t entirely disagree with you.

I just think, provided one is aware of the scope of such a project, it should still work without any worries, since there is a very good income.

The OP just has to be clear whether he really wants this & is willing to make cuts.
Because living large won’t work anymore.

As already mentioned, the consumer loans must go!

I think that at 34-35 years old, you are not too old to save yet.
Look at it this way, the last few years have been lived well & now one has come to the realization that an owner-occupied property is the right thing.
With that income, the missing equity can certainly be compensated.

Whether it will be a sensible financing arrangement is another matter.
There are certainly better constellations...

Best regards

The OP is about the purchase of an existing property, not about building a house. This seems to have been somewhat overlooked because of your profile name . With 5.1, a lot can be financed and done. There are people who could already afford a paid apartment with that salary. Or who would ask here what they should do with saved 100,000. Therefore, the question is justified, which you should also ask yourselves, in what respect you have to make compromises. Because something is always sacrificed with ownership for which you are now sinking money.

With your income, you have saved far too little, I think there is no two opinions about that.

Oh – there can be different reasons why there is no equity. Unfortunately, this is simply not recognized here among the advisers, not appreciated; certainly not accepted. There is a know-it-all tendency visible – from how questioners are treated who, according to the standards of the responding users, have "wasted" their money.

Which leads to many questions on the subject not appearing in the category at all**, which in turn limits the helpers themselves.

** I know this from private message correspondence

Rhenish greetings

Oh - there can be different reasons why no equity is available. Unfortunately, this is simply not acknowledged, not welcomed; and certainly not accepted among the advisors here. There is a pedantic tendency visible – based on how questioners are treated who, according to the standards of the responding users, have "squandered" their money.

This leads to many questions on the topic not appearing in the section at all**, which in turn limits the helpers themselves.

** I know this from correspondence via PM

Rhenish greetings

if the OP has contacted you instead of answering the questions here, then just close the discussion here.

After all, this thread serves no one except the questioner; in this case, some of the questions will probably remain unanswered.

Hello Yvonne,

no, the TE has not contacted me - I am definitely not the right person to talk to about financing either :D

However, I know from other PMs that there are quite a few users who would like to publicly discuss their financing here, but have refrained from doing so for the reason I described.

Rhenish greetings