Mortgage Loan Germany

Buying a home in Germany? Whether you’re a first-time buyer, expat, or simply planning ahead, knowing your numbers is key. Our free mortgage calculator gives you instant insight into what you can borrow and what your monthly payment might look like – based on real German lending rules. Try it now and plan with confidence.

Calculate your German mortgage instantly

Our mortgage calculator is built for the German housing market and follows local lending guidelines. You can switch between two modes:

• Monthly Payment – Enter your loan amount, interest rate, and term to see what your monthly cost will be.
• How Much Can I Borrow – Enter your income (and your partner’s if applicable) to estimate your borrowing capacity based on standard income-to-loan ratios used by German banks.

All results are displayed in euros and update instantly. You don’t need to register or provide personal data – just adjust the numbers and explore different scenarios.

How our Mortgage Calculator Germany works

The calculator uses standard financial formulas aligned with German mortgage practices. When you enter your income, loan amount, interest rate, and term, it calculates your monthly repayment or your borrowing capacity based on a typical debt-to-income limit of 30%.

For monthly payments, it applies an annuity formula to show your fixed monthly cost, total repayment, and total interest. In the borrowing mode, it reverses the process – showing how much loan you could afford based on your income and assumed bank limits.

All calculations are performed locally in your browser, and no data is stored or sent anywhere. It’s fast, private, and designed to help you plan ahead.

Key mortgage rules in Germany you should know

Before applying for a mortgage loan in Germany, it’s important to understand how banks assess your financial situation. Most lenders require:

• At least 10–20% down payment from your own funds
• A stable income (preferably with a permanent employment contract)
• A clean Schufa credit record
• A maximum debt-to-income ratio of around 30–35%
• Proof of residence and tax registration in Germany

These rules affect how much you can borrow and what rate you’ll get. Our calculator reflects these standards by limiting the estimated loan to what a typical bank would approve.

Borrowing alone vs. with a partner in Germany

Buying with a partner can significantly increase your borrowing power in Germany. Lenders consider the combined household income when calculating loan eligibility, which often allows for a higher mortgage amount and better terms.

Our calculator lets you choose between buying alone or together. If you select “together,” you can enter both incomes, and the borrowing estimate will adjust accordingly. This reflects how most German banks assess joint applications – making the estimate more realistic if you’re buying as a couple.

Mortgage types in Germany: Annuity vs. linear repayment

German mortgages typically follow one of two repayment models:

• Annuity mortgage (Annuitätendarlehen): You pay the same amount every month, with interest decreasing and principal increasing over time. Most borrowers choose this option for stability.
• Linear mortgage (Tilgungsdarlehen): You repay a fixed amount of principal each month, with interest declining over time. Monthly payments start higher but decrease gradually.

Our calculator uses the annuity model, as it’s the most common in Germany. It gives a clear estimate of monthly cost across the full term, assuming fixed interest.

Additional costs when getting a mortgage in Germany

A mortgage isn’t the only cost you’ll face when buying a home in Germany. In most cases, you’ll also need to budget for:

• Property transfer tax (Grunderwerbsteuer): Ranges from 3.5% to 6.5% depending on the state
• Notary and land registry fees: Around 1.5% to 2% of the property price
• Real estate agent fee (Maklerprovision): Up to 3.57% if applicable
• Building insurance (Gebäudeversicherung): Often required by lenders

These costs are not included in your loan and must typically be paid upfront. Our calculator focuses on the loan side but keep these extras in mind when planning your total budget.

Self-employed or expat? Here’s what to consider

If you’re self-employed or an expat in Germany, getting a mortgage is still possible—but lenders require more documentation. You’ll typically need:

• At least two years of verifiable income (tax returns, balance sheets, etc.)
• A valid residence permit and German bank account
• Proof of local registration (Anmeldung)
• A strong credit history, both locally and abroad if applicable

While some banks are more conservative, others are open to flexible arrangements. Our calculator helps you get a general idea of what you may qualify for, even if you’re not on a traditional employment contract.

Example: German mortgage calculation by income level

To give you a realistic picture, here’s how much you could potentially borrow based on different income levels, assuming a 30-year term and 4.2% fixed interest rate:

Annual Income (€)	Buying Mode	Estimated Max Loan (€)	Monthly Repayment (€)
€40,000	Alone	€140,000	~€685
€60,000	Alone	€210,000	~€1,030
€80,000	With Partner	€280,000	~€1,370
€100,000	With Partner	€350,000	~€1,715

These figures are estimates and can vary by lender, region, and personal credit score. Use our calculator above to adjust the inputs and see a result tailored to your situation.

What to do after using the calculator

Once you’ve used the mortgage calculator to estimate your budget or monthly payments, the next step is to speak with a lender or independent mortgage broker. They can give you a more detailed pre-approval based on your documents, credit rating, and property type.

Before applying, make sure to gather recent payslips, tax returns, proof of savings, and official ID. If you’re new to Germany, banks may also ask for a residency permit and rental history.

Using the calculator first helps you approach the mortgage process with realistic expectations – saving time and avoiding surprises later.