Mortgage calculator
Work out the monthly payment on a German home loan: a fixed rate for the fixed-rate period (Zinsbindung), then a new rate on what is left.
Figures follow German federal and state law, with every source cited and dated.
Results
Payment in month 1
€1,796.18
Germany · North Rhine-Westphalia (Nordrhein-Westfalen) · EUR
- Payment in month 121
- €1,796.18
- Highest payment
- €1,796.18
- Interest rate
- 3.5%
- Total interest
- €246,624.06
- Total paidPrincipal plus interest
- €646,624.06
Note
Every figure on this page is an estimate based on the values you entered and on defaults from German federal law, the selected state's law and market practice, each as of the date shown next to it. This is not financial, legal or tax advice. The real amounts come from the notary's (Notar) bill, the tax office's notice and your lender's offer when you buy; check them before you sign. The site does not store the numbers you enter; they stay in the page address.
Monthly rate is the annual rate divided by 12; amounts are rounded to the cent. Notary fees and land register (Grundbuch) fees follow the federal fee table on the price; VAT is added once to each notary line.
The link carries only the numbers you entered. The site keeps no copy of them.
Interest and principal by year
- Interest
- Principal
- Monthly payment
Year
Show what happens if rates rise
If the rate after the fixed period is higher
The fixed rate stays as agreed; only the rate after the fixed period goes up.
Show yearly schedule
Yearly schedule
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Related terms
- Annuity / equal installments
A repayment method in which every monthly payment is the same amount, principal and interest together, as long as the rate stays the same.
- Declining balance
A repayment method: the same principal every month plus interest on what is still owed, so the first payment is the highest and each later one smaller.