Mortgage

Monthly payment, remaining debt after the fixed-rate period, full repayment plan and what extra repayments save.

€1,974.48 a month

You pay €1,974.48 a month. After 10 years you still owe €312,259. You are debt-free in Jul 2057.

Over 30 years 9 months you pay €316,429 in interest: every euro borrowed costs you €1.77 in total. The part after the fixed period assumes 4.75% interest.

Loan

Loan amount Loan amount German: Darlehensbetrag The amount you borrow from the bank – usually the purchase price plus incidental costs, minus the own capital you bring. All terms in the glossary

Darlehensbetrag

€

Interest rate Nominal interest rate German: Sollzins The yearly interest rate on the loan, without fees. The bank charges one twelfth of it each month on the remaining debt. To compare offers, look at the effective rate instead. All terms in the glossary

Sollzins · per year

Fixed for Fixed-rate period German: Zinsbindung How long the interest rate is guaranteed, typically 5–20 years. After it ends, you have to refinance the remaining debt at whatever rates apply then. By law you can cancel any loan 10 years after payout with six months' notice, without a penalty. All terms in the glossary

Zinsbindung

years

In Aug 2026 banks in Germany charged 3.75% on average for new home loans fixed for 5 to 10 years (3.81% effective). Source: Deutsche Bundesbank.

Repayment

Set the loan by Set the loan by Choose what you know: the repayment rate from a bank offer, how many years you want to take to repay, or the monthly payment you can afford. The calculator works out the other two.

Repayment % Term Payment

Initial repayment Initial repayment rate German: Anfängliche Tilgung The share of the loan you repay in the first year, in percent. Together with the interest rate it sets the monthly payment: (interest + repayment) × loan ÷ 12. Because interest falls over time, the repayment grows each year. 2–3% is common; below 1.5% the loan takes very long to pay off. All terms in the glossary

Anfängliche Tilgung · 2–3% is common

After the fixed period Anschlussfinanzierung

Assumed follow-up rate Assumed follow-up rate The interest rate for the remaining debt once the fixed period ends. Rates in ten years can be much higher or lower than today; a value 1–2 points above today's rate is a cautious assumption.

Nobody knows – try a pessimistic value

Then pay Then pay Keep paying the same monthly amount as before, or agree a new repayment rate on the remaining debt, which changes the monthly payment.

Same payment New repayment %

Extra repayments Sondertilgung

Every year Every year An extra payment once a year, e.g. from a bonus or tax refund. Most contracts allow up to 5% of the loan per year for free.

€

For For For how many years you make the yearly extra payment. Leave it empty to pay it every year until the loan is gone.

Empty = every year

years

Extra every month Extra every month An amount paid on top of the regular monthly payment. Some contracts allow changing the repayment rate instead (Tilgungssatzwechsel) – the effect is the same.

€

One-off amount One-off amount A single larger payment, e.g. from an inheritance or a sold car.

€

In loan year In loan year In which year of the loan the one-off amount is paid. Year 1 is the first year after payout. It has no effect while the amount is 0.

Only used with an amount

More details

Fees Processing and valuation fees German: Bearbeitungsgebühr / Schätzkosten One-off costs of taking out the loan, such as a fee for valuing the property. For consumer loans, German courts have ruled general processing fees unlawful, but valuation, broker or partial-payout fees may still apply. Fees raise the effective rate. All terms in the glossary

Bearbeitungsgebühr / Schätzkosten · Raise the effective rate

€

Payout month Payout month When the bank pays out the loan. It only sets the calendar dates in the plan. It starts as the current month and is part of the link you share, so the dates stay the same whenever the link is opened.

First payment is due a month later

Inflation Inflation Prices rise over time, so a fixed payment gets easier to afford. Inflation lets the calculator show what future payments are worth in today's money. The ECB aims for 2% a year.

To express payments in today's money

In Sep 2026 prices in Germany were 3.3% higher than a year before. Over decades, 2% – the central bank's target – is the usual assumption. Source: Statistisches Bundesamt.

Results update as you type.

Monthly payment Monthly payment German: Rate / Monatsrate What you pay the bank every month: interest plus repayment. With an annuity loan it stays the same for the whole fixed-rate period. All terms in the glossary: €1,974.48
Remaining debt after fixed period Remaining debt German: Restschuld What you still owe at a given time – most importantly at the end of the fixed-rate period, because that amount has to be refinanced at the rates of that time. All terms in the glossary: €312,259
Total interest Total interest All interest you pay until the loan is repaid – the cost of borrowing. The part after the fixed period uses your assumed follow-up rate.: €316,429
Debt-free Debt-free The month of the last payment, when the loan is fully repaid.: Jul 2057
Effective rate Effective annual rate (APR) German: Effektivzins The true yearly cost of the loan: it includes monthly compounding and fees. German banks must state it in every offer, which makes it the fairest number for comparing loans. All terms in the glossary: 3.82%

Refinancing risk

You still owe €312,259 when the fixed rate ends and must refinance it at the rates of that time. Every extra percentage point of interest then costs about €260 a month.

Remaining debt Remaining debt German: Restschuld How much you still owe at the end of each year. With extra repayments, the second line shows the same loan without them, so you can see how much sooner it is paid off. What you still owe at a given time – most importantly at the end of the fixed-rate period, because that amount has to be refinanced at the rates of that time. All terms in the glossary

Balance at the end of each loan year

What each year's payments go to What each year's payments go to Each bar is one year of payments, split into interest (the bank's income) and repayment (which reduces your debt). The monthly payment stays the same, but the repayment share grows every year.

Interest shrinks as the debt falls

Where your money goes Where your money goes The total of all payments: the loan itself, the interest on top, and one-off fees. Today's money adjusts the total for inflation.

Everything you pay until the loan is gone

Repayment: €412,065 57%
Interest: €316,429 43%
Fees: €0 0%
Total: €728,494

In today's money the payments are worth €545,185 at 2% inflation – of €728,494 nominal.

Repayment plan Repayment schedule German: Tilgungsplan Every payment until the loan is repaid. The highlighted row is the end of the fixed-rate period. A table of every payment, showing how much goes to interest and to repayment and what debt remains afterwards. All terms in the glossary

Year	Interest rate	Paid	Interest	Repayment	Extra	Remaining
1 (2027)	3.75%	€23,694	€15,309	€8,384	€0	€403,681
2 (2028)	3.75%	€23,694	€14,989	€8,704	€0	€394,976
3 (2029)	3.75%	€23,694	€14,657	€9,036	€0	€385,940
4 (2030)	3.75%	€23,694	€14,313	€9,381	€0	€376,559
5 (2031)	3.75%	€23,694	€13,955	€9,739	€0	€366,820
6 (2032)	3.75%	€23,694	€13,583	€10,111	€0	€356,709
7 (2033)	3.75%	€23,694	€13,197	€10,496	€0	€346,213
8 (2034)	3.75%	€23,694	€12,797	€10,897	€0	€335,316
9 (2035)	3.75%	€23,694	€12,381	€11,313	€0	€324,003
10 (2036)	3.75%	€23,694	€11,950	€11,744	€0	€312,259
11 (2037)	4.75%	€23,694	€14,637	€9,057	€0	€303,202
12 (2038)	4.75%	€23,694	€14,197	€9,497	€0	€293,705
13 (2039)	4.75%	€23,694	€13,736	€9,958	€0	€283,748
14 (2040)	4.75%	€23,694	€13,253	€10,441	€0	€273,307
15 (2041)	4.75%	€23,694	€12,746	€10,948	€0	€262,359
16 (2042)	4.75%	€23,694	€12,214	€11,480	€0	€250,879
17 (2043)	4.75%	€23,694	€11,657	€12,037	€0	€238,842
18 (2044)	4.75%	€23,694	€11,073	€12,621	€0	€226,221
19 (2045)	4.75%	€23,694	€10,460	€13,234	€0	€212,987
20 (2046)	4.75%	€23,694	€9,817	€13,876	€0	€199,111
21 (2047)	4.75%	€23,694	€9,144	€14,550	€0	€184,561
22 (2048)	4.75%	€23,694	€8,437	€15,256	€0	€169,304
23 (2049)	4.75%	€23,694	€7,697	€15,997	€0	€153,307
24 (2050)	4.75%	€23,694	€6,920	€16,774	€0	€136,534
25 (2051)	4.75%	€23,694	€6,106	€17,588	€0	€118,945
26 (2052)	4.75%	€23,694	€5,252	€18,442	€0	€100,504
27 (2053)	4.75%	€23,694	€4,357	€19,337	€0	€81,166
28 (2054)	4.75%	€23,694	€3,418	€20,276	€0	€60,890
29 (2055)	4.75%	€23,694	€2,433	€21,260	€0	€39,630
30 (2056)	4.75%	€23,694	€1,401	€22,293	€0	€17,337
31 (2057)	4.75%	€17,681	€344	€17,337	€0	€0

Mortgage rates in Germany Mortgage rates in Germany What banks in Germany actually charged on new home loans each month, averaged over all borrowers (Deutsche Bundesbank, interest rate statistics). It shows how much rates can move within a few years – the reason the rate after your fixed period is a guess. A month's figure is published about five weeks after the month ends.

Average effective rate on new home loans, by how long the rate is fixed – up to Aug 2026

Next step

Take this loan into the other calculators

Repay extra or invest? Compare offers for it