German Mortgage Calculator

Plan your dream home financing with real-time estimates & visual breakdowns.

Your Mortgage Summary

Loan Amount

€0

Monthly Payment

€0

Total Interest

€0

Calculating affordability…

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What Is a German Mortgage Calculator?

A German mortgage calculator will assist you in estimating how much you will pay every month, how much interest you will pay on the entire loan, and how affordable the loan is, before you apply for and receive a home loan in Germany.

When you intend to purchase a house or apartment in Germany, this calculator provides you with an updated estimation of the monthly payment you will have to pay, depending on the price you pay for the property.

Formula for German Mortgage

A = K × ( i × (1 + i)ⁿ ) ÷ ( (1 + i)ⁿ – 1 )

Where:
- A = Monthly annuity (your total monthly payment)
- K = Loan amount (Kreditsumme)
- i = Monthly interest rate = (annual interest rate ÷ 12)
- n = Total number of monthly payments = (years × 12)

All the calculations of the mortgage are based on this formula.

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How to Use This German Mortgage Calculator

Enter the purchase price (€):

Enter the purchase price of the item.

Enter your savings (€):

Your available down payment amount (usually 20–30% ).

Choose the fixed interest period:

Most German mortgages offer fixed terms from 5 to 30 years

Click “Calculate My Mortgage”

To see your monthly payment, total interest, and balance chart.

Current German Mortgage Rates (2026 Update)

Below is an overview of average fixed interest rates for 2026:

Fixed Period	Average Interest Rate	Trend
10 Years	3.2%	Moderate
15 Years	3.6%	Stable
20 Years	4.0%	Long-Term Security

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Mortgage Formula Used (With Example)

A = K × ( i × (1 + i)ⁿ ) ÷ ( (1 + i)ⁿ – 1 )

Example Calculation:

Let’s say you’re taking a €320,000 loan with a 2% fixed annual interest rate for 15 years.

Monthly Payment = €2,287.62
Total Interest = €91,772.34

Therefore, your total repayment amount will be approximately €411,772.34 over 15 years.

Factors That Affect Your Mortgage in Germany

In Germany, there are a number of factors that determine how expensive your mortgage will be.

Interest Rate

The rate of interest in Germany is determined by European Central Bank (ECB) policies, inflation rates, and the conditions of your lender. Even a 0.5% difference.

Down Payment

The larger the amount you save during the initial stages, the less the amount you take as a loan, for the amount of interest you pay. German banks minimum down payment of 20%.

Fixed Interest Period

Choosing a longer fixed period (e.g., 15 or 20 years) offers payment stability, but usually comes with a slightly higher rate.

Repayment Rate

This is the annual amount of the loan repayment. An increased repayment rate will reduce the loan term and consequently lower.

Location

There are regions where property values are higher and the conditions of lending are a little different, such as Berlin, Munich, or Frankfurt.

Frequently Asked Questions (FAQs)

How much mortgage can I afford in Germany?

It relies on your earnings, savings, and debt liabilities. The majority of banks will permit up to 35% of your net income as your monthly mortgage installment. Instant Check of your affordability.

Do I need German citizenship for a home loan?

No. Expats and foreigners are allowed to purchase property in Germany and be given a mortgage, so long as they have a consistent income, a good credit record, and a legal residence permit.

Are foreigners allowed to purchase German property?

Yes, Germany does not restrict non-residents and expatriates from buying homes. The granting of a mortgage, however, could be subject to the internal risk policy of the bank and the country in which you are residing.

What is the minimum down payment in Germany?

Typically, a fifth of the property price. The amount of savings you need to contribute to the bank may be less or more based on your creditworthiness, although the amount of savings you make will reduce the amount.

Should the interest rate be fixed for either 10 or 15 years?

A 10-year fixation can be less interest-bearing, but a 15-year term is more stable in rising interest rates in the future. Instead, it is better to make a decision depending on your financial objectives.