About Hypofriend
What is special about Hypofriend's advice?
Exploring my options- What is a mortgage actually?
- How do I know if I am eligible for a mortgage?
- Should I buy or continue renting?
- Is now a good time to buy property for own use?
- I'm self-employed, am I eligible for a mortgage and how much?
- How much can I afford or borrow?
- How does my residence permit affect my eligibility?
- How can I increase what I can borrow?
- I don’t live in Germany, can I still get a mortgage?
- Should I borrow the maximum amount or should I save some equity?
- Can I get a mortgage in Germany without equity?
- How high are the purchase fees for a property?
- Why are some properties sold with commission and others are not?
- What’s the difference between buying for own use and buying to let?
- What is Baukindergeld and how can it help me?
- Can I get a credit loan to increase my affordability?
- What are the different Tax Categories of the German Wage Tax system?
- What is a SCHUFA score?
- How is the SCHUFA score calculated?
- How can I improve my SCHUFA score?
- What is my SCHUFA score?
Exploring my options: advanced questions- Can I include modernisation or renovation costs into the mortgage?
- How do I know if a property is over priced?
- Can I use a Bausparvertrag as a down payment?
- Should I get pre-approved for a mortgage?
- How do I get approved for a mortgage?
- Can I get a mortgage for property outside Germany?
- What happens after my mortgage request gets approved?
- How does the KfW subsidy work with my mortgage?
Mortgage fundamentals- How to choose the right fixed interest period?
- How is the monthly rate calculated?
- How quickly should I pay off my mortgage?
- How can I get pre-qualified?
- What is Loan-to-value and why does my down payment matter?
- Are my mortgage payments tax deductible?
- Can I use extra repayments to repay my mortgage quicker?
- What more should I consider before closing my mortgage?
- What should I know if I expect to sell my house within 10 years?
- How does my SCHUFA score affect my mortgage?
Applying for a mortgage- Which mortgage documents do I need?
- How quickly can I get approved?
- Can I apply to multiple banks at the same time?
- When do my mortgage payments start?
- What happens if my new build project is delayed?
- Can I apply alone without my partner?
- Should I include the moveable assets in the purchase contract
- What is a credit loan and how do I know if I am eligible to use one?
Handy Definitions- Tilgung
- Zinszahlungsdarlehen
- Forward Darlehen
- Maklergebühr
- Grunderwerbsteuer
- Kaufnebenkosten
- Beleihungswert
- Vorfälligkeitsentschädigung
- Laufzeit
- Monatsrate
- Notarkosten
- KfW Darlehen
- Bausparvertrag
- Bauträger
- Annuity Loan
- Selbstauskunft
- Restschuld
- Notar & Beurkundung
- Zinsbindungsfrist
- Beleihungsauslauf
- Anschlussfinanzierung
- Grundschuld
- Grundbuch
- Volltilgerdarlehen
- SCHUFA
- Notwendige Unterlagen
- Bereitstellungszinsen
- Haushaltsrechnung
- Grundsteuer
- Sondertilgung
- Baukindergeld
- Immobilienfinanzierung
Can I get a mortgage in Germany without equity?
A mortgage up to 115,00 % or 120,00 % LTV, can be possible, depending on your personal situation for example if you have very high income.
It’s important to understand that any mortgage over 100,00 % of the property value means that the lender is financing not just the property but also the purchase fees like notary, property transfer tax and possibly the real estate commission. In return, they will charge higher interest rates for this risk. Whether you’re eligible for this depends in particular on your residence status and income.
Looking for a mortgage?
Use Hypofriend's affordability calculator to see what you can afford based on your personal situation.
© Hypofriend GmbH 2020
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Covered by
GDPR Standards
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© Hypofriend GmbH 2020
Certified by
Covered by
GDPR Standards
EN
/DE
Certified by
Covered by
GDPR Standards
EN
/DE