What is possible at all?

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

I can only emphasize that. Question critically, yes, but think less in black and white. ;)

Of course, there can be various reasons why relatively little equity is available for the income. It is also completely legitimate if the OP says they have had great vacations. I also think that at 20-30 years old, one does not necessarily have to save up equity at all costs. Life was well lived & that is a good thing. Now the OP has the desire to purchase a property & that should be quite feasible under the given circumstances.

It was not my intention to come across as patronizing by telling you that you have saved too little for your income.

If it came across that way - sorry for that!

Everyone is free to do whatever they want with their hard-earned money.

As already written above, it is definitely doable for you.

Best regards

Hello Yvonne,

no, the OP has not contacted me – I am certainly not the right person to talk to about financing either :D

However, I know from other private messages 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

I also find some tones very undiplomatic. Nevertheless, honest opinions are being asked for – and if then, of course, the majority (of the forum) draws its own conclusions from _non-information_, that is understandable. Especially since the OP themselves has the means to explain themselves and the situation if they answer the questions promptly.
I have not yet experienced or read here that if someone explains, for example, that they have gone through a divorce and therefore have not saved any equity, they are spoken badly of.
Of course, reactions are different when someone carelessly and/or burdened with debt comes out here but dreams of a great and expensive house.

Personally, I receive floor plans and house designs via private message. I am happy to do that, of course – nevertheless: the OP often needs the _broad majority for average answers_. That some posts then do not contain what one would like to hear is self-explanatory.
You say yourself: we also have to be able to take honest words – and anonymous people cannot be offended ;)

Hello Yvonne,

I have not yet experienced or read here that when someone explains that they, for example, have gone through a divorce and therefore have not saved any equity, they are spoken badly of.

But the question is, _how much_ do and must I reveal about myself in order to receive answers?

For example, Musketier pointed out to me that a person can indeed be identified by certain information they write helpfully ... even if they write under a nickname. The Doc reminded me that if I reveal just a little more about myself personally, I should not be surprised if with a few clicks a complete picture of my personal circumstances emerges. Both are right! In this respect, I am not surprised when stereotypical answers regarding available cash are given, causing the respective OPs to disappear.

Of course, a different reaction occurs when someone here carelessly and/or burdened with debt admits to this, but dreams of a great and expensive house.

One thing has nothing to do with the other. It is of course correct to repeatedly warn against a debt trap; sometimes dreams remain just dreams. I myself am often the villain when I dismantle desired prices.

You yourself say: we also have to be able to handle honest words -

Absolutely – but, as I learned as a child: "it’s the tone that makes the music" – even in the land of Anonymes ;)

Rhenish greetings

I would try to pay off all loans (consumer) first & then it should also work without any stomach pains.

Why should you refinance a loan with 0% or 0.99% only to take on one with 2%? Better, in Steffen's words, to "go full throttle saving equity," which is financially much more beneficial. The corresponding installment for the house could, if necessary, also be managed in addition over the remaining term of 2-3 years for the car loans. Personally, I wouldn't find it "totally irresponsible" if the two ventured into the house-buying project even without equity. The saving discipline naturally sets in through the debits themselves, and financially a longer saving phase usually doesn't pay off much right now anyway. I assume that the two have already thought in advance about whether they could do without all the things their money has gone to so far, given that they are a couple in their mid-30s. Otherwise, they probably wouldn't have come forward here in the forum.