Mortgage

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

€1,677.08 a month

You pay €1,677.08 a month. After 10 years you still owe €265,228. You are debt-free in Jul 2057.

Over 30 years 9 months you pay €268,771 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: €1,677.08
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: €265,228
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.: €268,771
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 €265,228 when the fixed rate ends and must refinance it at the rates of that time. Every extra percentage point of interest then costs about €221 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: €350,000 57%
Interest: €268,771 43%
Fees: €0 0%
Total: €618,771

In today's money the payments are worth €463,070 at 2% inflation – of €618,771 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%	€20,125	€13,003	€7,122	€0	€342,878
2 (2028)	3.75%	€20,125	€12,732	€7,393	€0	€335,485
3 (2029)	3.75%	€20,125	€12,450	€7,675	€0	€327,810
4 (2030)	3.75%	€20,125	€12,157	€7,968	€0	€319,842
5 (2031)	3.75%	€20,125	€11,853	€8,272	€0	€311,570
6 (2032)	3.75%	€20,125	€11,537	€8,588	€0	€302,982
7 (2033)	3.75%	€20,125	€11,210	€8,915	€0	€294,067
8 (2034)	3.75%	€20,125	€10,870	€9,255	€0	€284,811
9 (2035)	3.75%	€20,125	€10,516	€9,609	€0	€275,203
10 (2036)	3.75%	€20,125	€10,150	€9,975	€0	€265,228
11 (2037)	4.75%	€20,125	€12,432	€7,693	€0	€257,535
12 (2038)	4.75%	€20,125	€12,059	€8,066	€0	€249,469
13 (2039)	4.75%	€20,125	€11,667	€8,458	€0	€241,011
14 (2040)	4.75%	€20,125	€11,257	€8,868	€0	€232,143
15 (2041)	4.75%	€20,125	€10,826	€9,299	€0	€222,844
16 (2042)	4.75%	€20,125	€10,375	€9,750	€0	€213,093
17 (2043)	4.75%	€20,125	€9,901	€10,224	€0	€202,870
18 (2044)	4.75%	€20,125	€9,405	€10,720	€0	€192,150
19 (2045)	4.75%	€20,125	€8,884	€11,240	€0	€180,909
20 (2046)	4.75%	€20,125	€8,339	€11,786	€0	€169,123
21 (2047)	4.75%	€20,125	€7,767	€12,358	€0	€156,765
22 (2048)	4.75%	€20,125	€7,167	€12,958	€0	€143,806
23 (2049)	4.75%	€20,125	€6,538	€13,587	€0	€130,219
24 (2050)	4.75%	€20,125	€5,878	€14,247	€0	€115,972
25 (2051)	4.75%	€20,125	€5,186	€14,939	€0	€101,033
26 (2052)	4.75%	€20,125	€4,461	€15,664	€0	€85,369
27 (2053)	4.75%	€20,125	€3,701	€16,424	€0	€68,944
28 (2054)	4.75%	€20,125	€2,903	€17,222	€0	€51,723
29 (2055)	4.75%	€20,125	€2,067	€18,058	€0	€33,665
30 (2056)	4.75%	€20,125	€1,190	€18,935	€0	€14,730
31 (2057)	4.75%	€15,022	€292	€14,730	€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

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