Calculator

Find out the best fit for your project

Your German Mortgage & Repayment Calculator

This mortgage calculator gives you a quick overview of your real estate financing in Germany. Simply enter the basic data of the property and purchase fees. The down-payment should be at least the amount of your purchase fees, which will also be calculated.

You then determine the repayment amount and receive the monthly credit installment and the total financing term. The current market interest rates are up to date for your specific situation. The higher the capital repayment per year, the faster you are debt-free.

Fill in the form to calculate your mortgage & repayment

Legal notice

The mortgage calculation results are based on what you entered and should be used as a guide only. It is just to give you an idea of your potential mortgage payment. In order to assess your case in more detail, we would advise you to get in touch with us and tell us more about your project. We can then prepare a tailor-made mortgage proposal with a payment plan for you.

And don’t forget: Your data is safe with Your German Mortgage. We neither store your IP address nor your email or other personal data. We can’t link your calculations to your person. Take a look at our cookie policy.

Your Data

    Financial parameters

    Legal notice

    The mortgage calculation results are based on what you entered and should be used as a guide only. Just to get an idea how a possible mortgage payment could look like. In order to assess your case completely we should get in touch and you tell us more about your project. We will then prepare a tailor-made mortage proposal with a payment plan for you.

    And don’t forget: Your data is safe with Your German Mortgage. We neither store your IP-address nor your email or other personal data we can’t connect your calculations to your person. Take a look at our cookie policy.

    Your next steps

    Qualify as a property buyer

    Qualify financially with Your German Mortgage. Get in touch with us.

    Find yourself a home

    Choose the property that will be your new home in Germany.

    Get your mortgage contract

    This includes the guarantee for the bank on the property and must be notarized.

    Notarize the purchase contract

    The German way to secure your ownership through an impartial notary.

    Move into your new place

    After the purchase price has been paid in full, you have full ownership.

    Do you have questions?

    The German way to secure your ownership through an impartial notary.

    FAQ - Mortgage Calculator

    We are here to answer your questions about the German housing market

    How much loan / mortgage can I afford?

    As a rule of thumb, you just need to multiply your monthly net income by 100 to get the maximum loan amount most banks will provide to you. This amount can be 100% of the purchase price. The purchase fees (notary / purchase tax and real estate agent fee) should be available in cash.

    Is it possible to get a pre-approval certificate for my German mortgage?

    Yes, this is possible, but only with certain banks. However, we can give you a very good indication whether your application will be accepted.

    How long will it take to get my mortgage?

    This depends entirely on the current number of applications to the relevant bank. It can last anywhere from two or three days to three weeks. In any case, we will inform you immediately of any progress, which will also be displayed in our IT systems.

    Can you guarantee that I will get a mortgage in Germany?

    If your application complies with the lending guidelines of the banks and you have a positive internal liquidity calculation at this bank, you can be sure to receive a loan agreement. So far, we have found a financing option for every case.

    Are modernization costs for my property also financed?

    Yes, of course these costs can also be taken into account and financed by the bank. The banks, however, differentiate between value-enhancing measures and purely cosmetic work. Value-enhancing measures are:

    • Bathroom renovation
    • New floors
    • New electrical installation
    • New heating
    • New windows
    • Change of floor plan

    Costs for painting work are generally not taken into account.

    Does the bank also finance my new kitchen?

    No, unfortunately not. A kitchen can, by and large, be removed from the house or apartment and therefore cannot be financed with a mortgage.

    What do I need to do after my mortgage has been approved?

    You will receive the contract and the land charge (Grundschuld). This is the guarantee for the bank that they hold your property and must be notarized. After the authorities have registered it in the land register (Grundbuch) under your name, the bank will provide your loan.

    How will the purchase price be paid for new developments - properties under construction?

    If you buy an apartment in a new development, your mortgage contract will be signed and sealed, but not delivered. The developer will send you invoices based on the construction status of your property. The construction period can be up to 24 months or even longer, and you will need to stay in close touch with your bank. We can save you time and ease your mind by guiding you through this process and assist you by preparing your payment orders for the lenders.

    About us

    Your German Mortgage is not only a mortgage broker - we are trusted advisors from MLP, Germany's leading independent financial consulting company based in Berlin. We have more than 25 years of experience in financing property, and we are the first consultants to offer an online mortgage service for expats in Germany.

    hello@your-german-mortgage.de

    +49 30 28 39 3136

    Mon - Fri 8.00 - 18.00

    Saturday and Sunday closed