Loan Conditions Calculator
Calculate conditions for your loan. Monthly payment, total costs and effective interest rate. Online calculator with current 2026 market rates and clear.
Monthly installment
932,15 €
Total costs
55.929,06 €
Total interest
5.929,06 €
Note: These calculations are for informational purposes only and do not replace professional tax or financial advice. All information without guarantee.
Frequently Asked Questions
What is the difference between a Darlehen and a Kredit?
Legally a Darlehen (§ 488 BGB) is an amount that must be repaid. In everyday use Darlehen and Kredit are synonymous. "Darlehen" sounds more formal and is often used for property and business financing.
What is a bullet loan?
With a bullet (interest-only) loan the borrower pays only interest. The full loan amount is repaid in one sum at the end of the term. Often combined with life insurance or an investment vehicle.
How do I calculate the monthly loan payment?
Annuity formula: payment = loan × (monthly rate × (1+monthly rate)^n) / ((1+monthly rate)^n − 1). Monthly rate = annual rate / 12; n = months. Our calculator does this automatically.
Can I repay a loan early?
Consumer loans: yes, anytime. Early repayment fee max. 1 % (remaining term > 1 year) or 0.5 % (< 1 year). Property loans: free after 10 years of fixed rate (§ 489 BGB), otherwise with penalty.
What is the Loan Conditions Calculator?
The loan conditions calculator computes terms for annuity loans, instalment loans and bullet (interest-only) loans – showing monthly payment, total interest and term.
How does the Loan Conditions Calculator work?
Choose loan type and enter amount, rate and term or payment. Annuity: constant payment. Instalment loan: constant principal, falling payment. Bullet: interest only, full repayment at end.
Key Data and Facts
Annuity loan: most common for property. Instalment loan: lower total interest than annuity. Bullet loan: high flexibility, often combined with life insurance. Effective APR: must be stated by law and includes all costs.
Step-by-Step Guide
Loan types compared: 1. Annuity: constant monthly payment; ideal for budget planning. 2. Instalment: constant repayment + falling interest = falling total payment; lower total interest. 3. Bullet: interest only, lump sum at end; risk: final amount must be available.
Calculation Example
Loan 50,000 EUR, 5 % interest, 10 years: annuity 530 EUR/month, total interest 13,640 EUR. Instalment loan: starting payment 625 EUR, final payment 420 EUR, total interest 12,700 EUR.
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