You say you need the two cars, but your spouse works from home and you work 0.5 hours. You are spending a lot on the car loans, do you really need 2 cars at all?
Obviously you are making great savings now on childcare, and are careful spenders on day to day and probably more so now when you have more time to cook from scratch and shop around.
I think you should make your €40K savings work for you, not have car loans, and use this money for the house maintenance. And use the Childrens allowance for your everyday costs, new shoes, uniforms etc.
As well as focusing on the big money items like the mortgage, also focus more on the day to day. Reducing your wages by more than 50 % was a big lifestyle change so all spendings and needs (like 2 cars) should be looked at.
Obviously you are making great savings now on childcare, and are careful spenders on day to day and probably more so now when you have more time to cook from scratch and shop around.
I think you should make your €40K savings work for you, not have car loans, and use this money for the house maintenance. And use the Childrens allowance for your everyday costs, new shoes, uniforms etc.
As well as focusing on the big money items like the mortgage, also focus more on the day to day. Reducing your wages by more than 50 % was a big lifestyle change so all spendings and needs (like 2 cars) should be looked at.