Mortgage Calculator
From purchase price, equity, interest rate and term, get the loan amount, monthly payment, total interest and total cost until full repayment.
Loan amount
€240,000.00
Monthly installment
€1,201.50
Total costs
€360,448.97
Total interest
€120,448.97
Note: These calculations are for informational purposes only and do not replace professional tax or financial advice. All information without guarantee.
FAQ
Frequently Asked Questions
What is the difference between Hypothek and Grundschuld?
Both are property security for the lender. A Hypothek is tied to the debt (reduces with repayment). A Grundschuld is debt-independent and more common in practice as it is more flexible.
How much property can I afford?
Rule of thumb: purchase price max. 20–25 times your annual net rent savings, or max. 35–40 % of net income for the monthly payment. At 3,000 EUR net: max. payment approx. 1,050–1,200 EUR.
What interest rate can I expect in 2026?
2026 mortgage rates for 10-year fixes are approx. 3.5–4.5 % p.a. (depending on credit rating and loan-to-value). Compare multiple offers – differences can be significant.
What is a forward loan?
A forward loan locks in the current interest rate for a future refinancing (up to 5 years in advance). The surcharge is approx. 0.01–0.03 % per month of lead time. Useful when rates are expected to rise.
Guide
What is the Mortgage Calculator?
The mortgage calculator computes the monthly mortgage payment, interest and principal portions and total costs of a property loan over the full term.
How does the Mortgage Calculator work?
Enter mortgage amount, fixed interest rate, initial repayment and fixed-rate period. The calculator produces the monthly annuity, creates a repayment schedule and shows the remaining debt at the end of the fixed period for refinancing.
Key Data and Facts
Mortgage rates Germany 2026: 10-year fixed approx. 3.5–4.5 %. Minimum recommended equity: 20–30 % (incl. acquisition costs). Loan-to-value below 60 %: best rate conditions. Land register entry mandatory. Deletion after full repayment.
Step-by-Step Guide
Step-by-step: 1. Determine loan amount. 2. Get rate quotes from multiple lenders. 3. Choose fixed-rate period. 4. Set repayment: min. 2–3 % recommended. 5. Calculate annuity. 6. Plan refinancing for remaining debt. 7. Total costs = sum of all payments − loan amount.
Calculation Example
Mortgage 300,000 EUR, 4.0 % interest, 2.0 % repayment, 10-year fix: monthly payment 1,500 EUR. Remaining debt after 10 years: approx. 226,375 EUR. Interest paid in 10 years: approx. 106,375 EUR (180,000 EUR in payments minus 73,625 EUR repaid). Total term at the same rate: approx. 27.6 years.
Sources
Official sources
Calculations are based on applicable German laws and official data:
- Deutsche Bundesbank
- Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin)
- Statistisches Bundesamt (Destatis)
Full methodology at Methodology.
Reviewed by Konstantin Iakovlev · Last updated:
Finance
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