[{"data":1,"prerenderedAt":687},["ShallowReactive",2],{"ia-extra-repayment-calculator-en":3},{"article":4,"inputs":551,"outputs":570,"charts":592,"calculators":546},{"author":5,"authorImage":6,"authorImageWebp":7,"authorDescription":8,"authorSlug":9,"title":10,"shortName":11,"content":12,"contentRaw":13,"tableOfContentArray":517,"slug":527,"category":528,"order":529,"createdAt":530,"publishedAt":530,"updatedAt":531,"seoTitle":10,"seoDescription":532,"seoKeywords":533,"seoImage":534,"mainPicture":535,"mainPictureMobile":536,"mainPictureWebp":537,"mainPictureMobileWebp":538,"listPicture":539,"listPictureMobile":540,"listPictureWebp":541,"listPictureMobileWebp":542,"language":543,"calculatorTitle":544,"calculator":545,"calculators":546,"id":533,"introduction":547,"preview":548,"sheetId":549,"sheetPageName":550},"Dr. Chris Mulder","https:\u002F\u002Fa.hypofriend.de\u002Fhypofriends\u002Fdr.-christian-mulder.png","https:\u002F\u002Fa.hypofriend.de\u002Fhypofriends\u002Fdr.-christian-mulder.webp","Dr. Chris is a former Senior Economist and Manager at the IMF and The World Bank. He is a Hypofriend Co-founder.","chris","Should You Pay Off Your Mortgage Early or Invest Instead?","Repayment vs. Investment Calculator","\u003Ch2 id=\"h-result\">\u003Cb>Result\u003C\u002Fb>\u003C\u002Fh2>\n\u003Cp>Adding such extra payment saves you \u003Cb>{{interest_saved}}\u003C\u002Fb> and means that you are done with your loan quicker. We assume here that your monthly repayment remains the same at the end of the fixed interest rate.\u003C\u002Fp>\n\u003Ctable>\u003Ctr>\n\u003Ctd>\n\u003Cp>Months done earlier with Sondertilgung\u003C\u002Fp>\n\u003Cp>\u003Cb>{{months_done_earlier}}\u003C\u002Fb>\u003C\u002Fp>\n\u003C\u002Ftd>\n\u003Ctd>\n\u003Cp>Original end year\u003C\u002Fp>\n\u003Cp>\u003Cb>{{original_end_year}}\u003C\u002Fb>\u003C\u002Fp>\n\u003C\u002Ftd>\n\u003Ctd>\n\u003Cp>New end year\u003C\u002Fp>\n\u003Cp>\u003Cb>{{new_end_year}}\u003C\u002Fb>\u003C\u002Fp>\n\u003C\u002Ftd>\n\u003C\u002Ftr>\u003C\u002Ftable>\n\n            \u003Cgraph v-if=\"typeof graph_2 !== 'undefined' && graph_2\" key=\"graph_2\" :jiyu-data=\"graph_2\" :data-format=\"'legacy'\">\u003C\u002Fgraph>\n           \n\u003Cp>By making these extra payments, you are effectively earning a return equal to your mortgage interest rate \u003Cb>{{interest_rate}}\u003C\u002Fb> on that money.\u003C\u002Fp>\n\u003Ch2 id=\"h-what-if-you-invest-instead\">\n\u003Cb>What if you Invest Instead?\u003C\u002Fb> \u003C\u002Fh2>\n\u003Cp>If you would instead invest in a good, widespread ETF portfolio, you would earn an additional \u003Cb>{{etf_gain}}\u003C\u002Fb> by the time your mortgage payments are done. You could repay your loan even earlier:\u003C\u002Fp>\n\u003Ctable>\u003Ctr>\n\u003Ctd>\n\u003Cp>Months done earlier with Sondertilgung\u003C\u002Fp>\n\u003Cp>\u003Cb>{{months_done_earlier}}\u003C\u002Fb>\u003C\u002Fp>\n\u003C\u002Ftd>\n\u003Ctd>\n\u003Cp>Months done earlier with ETF investment\u003C\u002Fp>\n\u003Cp>\u003Cb>{{months_done_earlier_etf}}\u003C\u002Fb>\u003C\u002Fp>\n\u003C\u002Ftd>\n\u003C\u002Ftr>\u003C\u002Ftable>\n\u003Ch3>\u003Cb>Life Time Impact and Risk\u003C\u002Fb>\u003C\u002Fh3>\n\u003Cp>What about the long-term impact: how does repaying your loan by more or investing in ETFs change your net wealth at age 60? Looking at a long horizon is important because the longer you invest in ETFs the safer they are. And the earlier you invest, the bigger the impact is.\u003C\u002Fp>\n\u003Cp>Keep in mind:\u003C\u002Fp>\n\u003Cul>\n\u003Cli>\u003Cp>Companies are an essential part of the economy. In the long-run ETFs that represent a wide part of the economy follow a much more stable path.\u003C\u002Fp>\u003C\u002Fli>\n\u003Cli>\u003Cp>Taking investment risk creates a financial buffer that, over time, makes you financially a lot safer.. Being financially safe is especially important when you are older, as you may then have less appetite or capacity to work!\u003C\u002Fp>\u003C\u002Fli>\n\u003C\u002Ful>\n\u003Cp>The key inputs underlying this outlook are:\u003C\u002Fp>\n\u003Cul>\n\u003Cli>\u003Cp>Worst-case return for a portfolio held over 15 years is 5%.\u003C\u002Fp>\u003C\u002Fli>\n\u003Cli>\u003Cp>The average expected return of an excellent portfolio--Pensionfriend’s--is 7,2%.\u003C\u002Fp>\u003C\u002Fli>\n\u003C\u002Ful>\n\u003Cp>Both these return numbers are after tax and cost. \u003Cbr>\u003Cbr>It does require choosing a good portfolio. Many portfolios yield worse returns; for example, the average emerging market ETF is much worse, and people don't realize that. Indeed, most individuals perform far worse as they tend to move in and out of the market at the wrong \u003Ca href=\"http:\u002F\u002Ftime.we\">\u003Cu>time.\u003C\u002Fu>\u003C\u002Fa>\u003C\u002Fp>\n\u003Cp>Do consult our professionals. They know both mortgages and investments. \u003C\u002Fp>\n\n            \u003Cwidget type=\"callToActionRich\" headline=\"Calculate your optimal mortgage\" background-color=\"#F7F7F7\" main-cta-label=\"See my options\" main-cta-link=\"https:\u002F\u002Fhypofriend.de\u002Fen\u002Fcriteria\u002Fstart\" description=\"<p>Calculate how much you can afford and get a free online mortgage recommendation in only a few clicks.<\u002Fp>\" :pictures='[{\"url\":\"\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002FKA6i7xcAgdlHRNACbwETv\u002F92bfc6958d4b342860c06865844af08a\u002Ftoa-heftiba-9vNFtkm-Pus-unsplash.jpg\",\"title\":\"spaarplan-hero\",\"description\":\"Hero image for Spaarplan LP\"}]'>\u003C\u002Fwidget>\n           \n\u003Ch3>\u003Cb>Understanding the Opportunity Cost: Repayment vs. Investment\u003C\u002Fb>\u003C\u002Fh3>\n\u003Cp>Most traditional bank advisors just advise repayment or perhaps ETFs, but we dig deeper.\u003C\u002Fp>\n\u003Cp>\u003Cb>{{dynamic_advice}}\u003C\u002Fb>\u003C\u002Fp>\n\u003Cp>Fundamentally, investing in ETFs is attractive. Investing in a diversified global portfolio (ETFs) historically yields over 8% in the long term, but in our more conservative outlook, we assume 7,2%\u003C\u002Fp>\n\u003Cp>If you put that money into your house, it’s gone. It’s illiquid equity. If you invest it, it grows. The rule of 72 tells you that with a 7,2% return, your money doubles every 10 years. So in 20 years your money grows fourfold, and in 30 years it is 8 times as much. In other words, in 30 years, you have a 700% return. That the difference is so big due to compounding. \u003C\u002Fp>\n\u003Cp>\u003Cb>The Comparison:\u003C\u002Fb> Here we compare the interest saved by prepaying versus the potential gains if you invested that same capital instead. As you can see, the gap between the investment return and the saved interest often widens significantly over time. Unless interest rates are sky-high (well above 5-6%), investing will outperform repaying the mortgage.\u003C\u002Fp>\n\u003Cp>\u003Cb>The Long-Term Growth Advantage: Interest Saved vs Investment Returns \u003C\u002Fb>\u003C\u002Fp>\n\n            \u003Cgraph v-if=\"typeof graph_1 !== 'undefined' && graph_1\" key=\"graph_1\" :jiyu-data=\"graph_1\" :data-format=\"'legacy'\">\u003C\u002Fgraph>\n           \n\u003Ch2 id=\"h-the-s-p-500-reality-check-stop-losing-the-spread\">\u003Cb>The S&P 500 Reality Check: Stop Losing the Spread\u003C\u002Fb>\u003C\u002Fh2>\n\u003Cp>In Germany, we are conditioned to fear debt, but mathematically, a low-interest mortgage isn't a burden—it's an asset. If you aggressively pay it off, you are effectively burning capital that could be working much harder for you.\u003C\u002Fp>\n\u003Ch3>\u003Cb>The \"Spread\" is Your Profit\u003C\u002Fb>\u003C\u002Fh3>\n\u003Cp>This isn't about speculation; it is about arbitrage, which simply compares the cost of debt against the return on capital. Your mortgage likely costs you around 3.5%, meaning every Euro you repay saves you exactly that amount and creates a hard ceiling on your return. In contrast, the historical average return of the S&P 500 has been roughly 10% annually over the last century, while a broader global index like the MSCI World historically trends slightly lower. If you use your cash to pay off a 3.5% debt, you are turning down a potential 7-10% return. You might feel like you are saving 3.5%, but you are actually losing the difference between that and the market return every single year. Over 15 years, that difference doesn't just add up linearly; it compounds into a massive wealth gap.\u003C\u002Fp>\n\u003Ch2 id=\"h-key-takeaways\">\u003Cb>Key Takeaways\u003C\u002Fb>\u003C\u002Fh2>\n\u003Cul>\n\u003Cli>\u003Cp>\u003Cb>Don't automate it:\u003C\u002Fb> Just because you can get a Sondertilgung doesn't mean you should. Compare your mortgage rate against probable market returns.\u003C\u002Fp>\u003C\u002Fli>\n\u003Cli>\u003Cp>\u003Cb>Liquidity is king:\u003C\u002Fb> Money in the walls of your house is hard to access. Money in an ETF or PPP is liquid or flexible.\u003C\u002Fp>\u003C\u002Fli>\n\u003C\u002Ful>\n\u003Cp>Time is your friend. Compounding makes a huge difference over time, both in terms of expected return and in terms of the minimum return you can expect. Therefore, the sooner you start investing well, the better off you are in the end. \u003C\u002Fp>\n\u003Cp>Repaying debt may feel safe, but investing is, in most cases, by far the safer option in the long-term. Recommended Reading: \u003Ca href=\"https:\u002F\u002Fwww.google.com\u002Fsearch?q=\u002Fen\u002Fsondertilgung-a-popular-but-overrated-option-for-your-german-mortgage.afb\">\u003Cu>Sondertilgung: A popular but overrated option\u003C\u002Fu>\u003C\u002Fa>\u003C\u002Fp>\n\u003Cp>\u003C\u002Fp>",{"data":14,"content":15,"nodeType":332},{},[16,27,44,107,121,137,149,165,205,214,221,228,253,260,283,305,312,348,356,363,371,378,385,397,405,414,422,429,437,444,452,485,492,511],{"data":17,"content":18,"nodeType":26},{},[19],{"data":20,"marks":21,"value":24,"nodeType":25},{},[22],{"type":23},"bold","Result","text","heading-2",{"data":28,"content":29,"nodeType":43},{},[30,34,39],{"data":31,"marks":32,"value":33,"nodeType":25},{},[],"Adding such extra payment saves you ",{"data":35,"marks":36,"value":38,"nodeType":25},{},[37],{"type":23},"{{interest_saved}}",{"data":40,"marks":41,"value":42,"nodeType":25},{},[]," and means that you are done with your loan quicker. We assume here that your monthly repayment remains the same at the end of the fixed interest rate.","paragraph",{"data":45,"content":46,"nodeType":106},{},[47],{"data":48,"content":49,"nodeType":105},{},[50,69,87],{"data":51,"content":52,"nodeType":68},{},[53,60],{"data":54,"content":55,"nodeType":43},{},[56],{"data":57,"marks":58,"value":59,"nodeType":25},{},[],"Months done earlier with Sondertilgung",{"data":61,"content":62,"nodeType":43},{},[63],{"data":64,"marks":65,"value":67,"nodeType":25},{},[66],{"type":23},"{{months_done_earlier}}","table-cell",{"data":70,"content":71,"nodeType":68},{},[72,79],{"data":73,"content":74,"nodeType":43},{},[75],{"data":76,"marks":77,"value":78,"nodeType":25},{},[],"Original end year",{"data":80,"content":81,"nodeType":43},{},[82],{"data":83,"marks":84,"value":86,"nodeType":25},{},[85],{"type":23},"{{original_end_year}}",{"data":88,"content":89,"nodeType":68},{},[90,97],{"data":91,"content":92,"nodeType":43},{},[93],{"data":94,"marks":95,"value":96,"nodeType":25},{},[],"New end year",{"data":98,"content":99,"nodeType":43},{},[100],{"data":101,"marks":102,"value":104,"nodeType":25},{},[103],{"type":23},"{{new_end_year}}","table-row","table",{"data":108,"content":114,"nodeType":115,"entry":116},{"target":109},{"sys":110},{"id":111,"type":112,"linkType":113},"1pUvo6REbOOJx3PZzYMOhz","Link","Entry",[],"embedded-entry-block",{"title":117,"graphId":118,"dataType":119,"type":113,"contentType":120},"Sondertilgung graph",2,"legacy","graph",{"data":122,"content":123,"nodeType":43},{},[124,128,133],{"data":125,"marks":126,"value":127,"nodeType":25},{},[],"By making these extra payments, you are effectively earning a return equal to your mortgage interest rate ",{"data":129,"marks":130,"value":132,"nodeType":25},{},[131],{"type":23},"{{interest_rate}}",{"data":134,"marks":135,"value":136,"nodeType":25},{},[]," on that money.",{"data":138,"content":139,"nodeType":26},{},[140,145],{"data":141,"marks":142,"value":144,"nodeType":25},{},[143],{"type":23},"What if you Invest Instead?",{"data":146,"marks":147,"value":148,"nodeType":25},{},[]," ",{"data":150,"content":151,"nodeType":43},{},[152,156,161],{"data":153,"marks":154,"value":155,"nodeType":25},{},[],"If you would instead invest in a good, widespread ETF portfolio, you would earn an additional ",{"data":157,"marks":158,"value":160,"nodeType":25},{},[159],{"type":23},"{{etf_gain}}",{"data":162,"marks":163,"value":164,"nodeType":25},{},[]," by the time your mortgage payments are done. You could repay your loan even earlier:",{"data":166,"content":167,"nodeType":106},{},[168],{"data":169,"content":170,"nodeType":105},{},[171,187],{"data":172,"content":173,"nodeType":68},{},[174,180],{"data":175,"content":176,"nodeType":43},{},[177],{"data":178,"marks":179,"value":59,"nodeType":25},{},[],{"data":181,"content":182,"nodeType":43},{},[183],{"data":184,"marks":185,"value":67,"nodeType":25},{},[186],{"type":23},{"data":188,"content":189,"nodeType":68},{},[190,197],{"data":191,"content":192,"nodeType":43},{},[193],{"data":194,"marks":195,"value":196,"nodeType":25},{},[],"Months done earlier with ETF investment",{"data":198,"content":199,"nodeType":43},{},[200],{"data":201,"marks":202,"value":204,"nodeType":25},{},[203],{"type":23},"{{months_done_earlier_etf}}",{"data":206,"content":207,"nodeType":213},{},[208],{"data":209,"marks":210,"value":212,"nodeType":25},{},[211],{"type":23},"Life Time Impact and Risk","heading-3",{"data":215,"content":216,"nodeType":43},{},[217],{"data":218,"marks":219,"value":220,"nodeType":25},{},[],"What about the long-term impact: how does repaying your loan by more or investing in ETFs change your net wealth at age 60? Looking at a long horizon is important because the longer you invest in ETFs the safer they are. And the earlier you invest, the bigger the impact is.",{"data":222,"content":223,"nodeType":43},{},[224],{"data":225,"marks":226,"value":227,"nodeType":25},{},[],"Keep in mind:",{"data":229,"content":230,"nodeType":252},{},[231,242],{"data":232,"content":233,"nodeType":241},{},[234],{"data":235,"content":236,"nodeType":43},{},[237],{"data":238,"marks":239,"value":240,"nodeType":25},{},[],"Companies are an essential part of the economy. In the long-run ETFs that represent a wide part of the economy follow a much more stable path.","list-item",{"data":243,"content":244,"nodeType":241},{},[245],{"data":246,"content":247,"nodeType":43},{},[248],{"data":249,"marks":250,"value":251,"nodeType":25},{},[],"Taking investment risk creates a financial buffer that, over time, makes you financially a lot safer.. Being financially safe is especially important when you are older, as you may then have less appetite or capacity to work!","unordered-list",{"data":254,"content":255,"nodeType":43},{},[256],{"data":257,"marks":258,"value":259,"nodeType":25},{},[],"The key inputs underlying this outlook are:",{"data":261,"content":262,"nodeType":252},{},[263,273],{"data":264,"content":265,"nodeType":241},{},[266],{"data":267,"content":268,"nodeType":43},{},[269],{"data":270,"marks":271,"value":272,"nodeType":25},{},[],"Worst-case return for a portfolio held over 15 years is 5%.",{"data":274,"content":275,"nodeType":241},{},[276],{"data":277,"content":278,"nodeType":43},{},[279],{"data":280,"marks":281,"value":282,"nodeType":25},{},[],"The average expected return of an excellent portfolio--Pensionfriend’s--is 7,2%.",{"data":284,"content":285,"nodeType":43},{},[286,290,301],{"data":287,"marks":288,"value":289,"nodeType":25},{},[],"Both these return numbers are after tax and cost. \n\nIt does require choosing a good portfolio. Many portfolios yield worse returns; for example, the average emerging market ETF is much worse, and people don't realize that. Indeed, most individuals perform far worse as they tend to move in and out of the market at the wrong ",{"data":291,"content":293,"nodeType":300},{"uri":292},"http:\u002F\u002Ftime.we",[294],{"data":295,"marks":296,"value":299,"nodeType":25},{},[297],{"type":298},"underline","time.","hyperlink",{"data":302,"marks":303,"value":304,"nodeType":25},{},[],"",{"data":306,"content":307,"nodeType":43},{},[308],{"data":309,"marks":310,"value":311,"nodeType":25},{},[],"Do consult our professionals. They know both mortgages and investments. ",{"data":313,"content":317,"nodeType":115,"entry":318},{"target":314},{"sys":315},{"id":316,"type":112,"linkType":113},"5BOk1TyXTVOktx7RGSZJ8R",[],{"title":319,"type":320,"headline":321,"description":322,"backgroundColor":333,"mainCtaLabel":334,"mainCtaLink":335,"pictures":336,"imageAlignment":345,"showBankLogos":346,"contentType":347},"Blog: Property Prices 2025 \u002F 1: Find a mortgage that suits your situation (EN)","callToActionRich","Calculate your optimal mortgage",{"data":323,"content":324,"nodeType":332},{},[325],{"data":326,"content":327,"nodeType":43},{},[328],{"data":329,"marks":330,"value":331,"nodeType":25},{},[],"Calculate how much you can afford and get a free online mortgage recommendation in only a few clicks.","document","#F7F7F7","See my options","https:\u002F\u002Fhypofriend.de\u002Fen\u002Fcriteria\u002Fstart",[337],{"fileName":338,"details":339,"url":344},"toa-heftiba-9vNFtkm-Pus-unsplash.jpg",{"size":340,"image":341},2531925,{"width":342,"height":343},3831,2554,"\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002FKA6i7xcAgdlHRNACbwETv\u002F92bfc6958d4b342860c06865844af08a\u002Ftoa-heftiba-9vNFtkm-Pus-unsplash.jpg","LEFT",false,"widget",{"data":349,"content":350,"nodeType":213},{},[351],{"data":352,"marks":353,"value":355,"nodeType":25},{},[354],{"type":23},"Understanding the Opportunity Cost: Repayment vs. Investment",{"data":357,"content":358,"nodeType":43},{},[359],{"data":360,"marks":361,"value":362,"nodeType":25},{},[],"Most traditional bank advisors just advise repayment or perhaps ETFs, but we dig deeper.",{"data":364,"content":365,"nodeType":43},{},[366],{"data":367,"marks":368,"value":370,"nodeType":25},{},[369],{"type":23},"{{dynamic_advice}}",{"data":372,"content":373,"nodeType":43},{},[374],{"data":375,"marks":376,"value":377,"nodeType":25},{},[],"Fundamentally, investing in ETFs is attractive. Investing in a diversified global portfolio (ETFs) historically yields over 8% in the long term, but in our more conservative outlook, we assume 7,2%",{"data":379,"content":380,"nodeType":43},{},[381],{"data":382,"marks":383,"value":384,"nodeType":25},{},[],"If you put that money into your house, it’s gone. It’s illiquid equity. If you invest it, it grows. The rule of 72 tells you that with a 7,2% return, your money doubles every 10 years. So in 20 years your money grows fourfold, and in 30 years it is 8 times as much. In other words, in 30 years, you have a 700% return. That the difference is so big due to compounding. ",{"data":386,"content":387,"nodeType":43},{},[388,393],{"data":389,"marks":390,"value":392,"nodeType":25},{},[391],{"type":23},"The Comparison:",{"data":394,"marks":395,"value":396,"nodeType":25},{},[]," Here we compare the interest saved by prepaying versus the potential gains if you invested that same capital instead. As you can see, the gap between the investment return and the saved interest often widens significantly over time. Unless interest rates are sky-high (well above 5-6%), investing will outperform repaying the mortgage.",{"data":398,"content":399,"nodeType":43},{},[400],{"data":401,"marks":402,"value":404,"nodeType":25},{},[403],{"type":23},"The Long-Term Growth Advantage: Interest Saved vs Investment Returns ",{"data":406,"content":410,"nodeType":115,"entry":411},{"target":407},{"sys":408},{"id":409,"type":112,"linkType":113},"4NvczHSnKCD67qjmAObc2F",[],{"title":412,"graphId":413,"dataType":119,"type":113,"contentType":120},"Bar chart extra repayment",1,{"data":415,"content":416,"nodeType":26},{},[417],{"data":418,"marks":419,"value":421,"nodeType":25},{},[420],{"type":23},"The S&P 500 Reality Check: Stop Losing the Spread",{"data":423,"content":424,"nodeType":43},{},[425],{"data":426,"marks":427,"value":428,"nodeType":25},{},[],"In Germany, we are conditioned to fear debt, but mathematically, a low-interest mortgage isn't a burden—it's an asset. If you aggressively pay it off, you are effectively burning capital that could be working much harder for you.",{"data":430,"content":431,"nodeType":213},{},[432],{"data":433,"marks":434,"value":436,"nodeType":25},{},[435],{"type":23},"The \"Spread\" is Your Profit",{"data":438,"content":439,"nodeType":43},{},[440],{"data":441,"marks":442,"value":443,"nodeType":25},{},[],"This isn't about speculation; it is about arbitrage, which simply compares the cost of debt against the return on capital. Your mortgage likely costs you around 3.5%, meaning every Euro you repay saves you exactly that amount and creates a hard ceiling on your return. In contrast, the historical average return of the S&P 500 has been roughly 10% annually over the last century, while a broader global index like the MSCI World historically trends slightly lower. If you use your cash to pay off a 3.5% debt, you are turning down a potential 7-10% return. You might feel like you are saving 3.5%, but you are actually losing the difference between that and the market return every single year. Over 15 years, that difference doesn't just add up linearly; it compounds into a massive wealth gap.",{"data":445,"content":446,"nodeType":26},{},[447],{"data":448,"marks":449,"value":451,"nodeType":25},{},[450],{"type":23},"Key Takeaways",{"data":453,"content":454,"nodeType":252},{},[455,470],{"data":456,"content":457,"nodeType":241},{},[458],{"data":459,"content":460,"nodeType":43},{},[461,466],{"data":462,"marks":463,"value":465,"nodeType":25},{},[464],{"type":23},"Don't automate it:",{"data":467,"marks":468,"value":469,"nodeType":25},{},[]," Just because you can get a Sondertilgung doesn't mean you should. Compare your mortgage rate against probable market returns.",{"data":471,"content":472,"nodeType":241},{},[473],{"data":474,"content":475,"nodeType":43},{},[476,481],{"data":477,"marks":478,"value":480,"nodeType":25},{},[479],{"type":23},"Liquidity is king:",{"data":482,"marks":483,"value":484,"nodeType":25},{},[]," Money in the walls of your house is hard to access. Money in an ETF or PPP is liquid or flexible.",{"data":486,"content":487,"nodeType":43},{},[488],{"data":489,"marks":490,"value":491,"nodeType":25},{},[],"Time is your friend. Compounding makes a huge difference over time, both in terms of expected return and in terms of the minimum return you can expect. Therefore, the sooner you start investing well, the better off you are in the end. ",{"data":493,"content":494,"nodeType":43},{},[495,499,508],{"data":496,"marks":497,"value":498,"nodeType":25},{},[],"Repaying debt may feel safe, but investing is, in most cases, by far the safer option in the long-term. Recommended Reading: ",{"data":500,"content":502,"nodeType":300},{"uri":501},"https:\u002F\u002Fwww.google.com\u002Fsearch?q=\u002Fen\u002Fsondertilgung-a-popular-but-overrated-option-for-your-german-mortgage.afb",[503],{"data":504,"marks":505,"value":507,"nodeType":25},{},[506],{"type":298},"Sondertilgung: A popular but overrated option",{"data":509,"marks":510,"value":304,"nodeType":25},{},[],{"data":512,"content":513,"nodeType":43},{},[514],{"data":515,"marks":516,"value":304,"nodeType":25},{},[],[518,520,523,525],{"key":519,"value":24},"#h-result",{"key":521,"value":522},"#h-what-if-you-invest-instead","What if you Invest Instead? ",{"key":524,"value":421},"#h-the-s-p-500-reality-check-stop-losing-the-spread",{"key":526,"value":451},"#h-key-takeaways","extra-repayment-calculator","immobilienfinanzierung",5,"Mon, 16 Feb 2026 13:11:45 +0000","Mon, 20 Apr 2026 13:02:00 +0000","Explore the financial impact of paying off your mortgage early versus investing your extra repayments, including risk, returns, and long-term wealth effects.",null,"https:\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F6TNVxazrlbP3AzMWMY7ILG\u002F919c87a0f80e5bc9756811cac39eb837\u002FSeo_image_-_800x534https-__images.ctfassets.net_shj4zexxz7od_6ItIp0IQdIGfbnsyZfXWU0_24326f86d0595aa65df0a5d6b467bc4a_List_im.png","https:\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2w0oQ3p0PqiuyHfGqcdZGx\u002Fb86bbcaa322a8827cf985f3b8276b9da\u002Fmain-picture-company-pension-plans-1.png","https:\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F6rRZThTyAbLYA1Ca7dlJRo\u002F7652d9b33ba5557b58549adf6be16c02\u002FMain_picture_mobile_-_company-pension-plans.png","https:\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F5PtoSday8pW32YufNWyH8P\u002F48cf36b3809dd785f723b30c78f45422\u002FMain_Picture_-_1692x918_-_WebP_-_company-pension-plans.webp","https:\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F2MlXEb2kZepD0wKH5XvznU\u002Fd010849ca5edc2fe271570852f3dc6c0\u002FMain_Picture_mobile_-_523x366_-_WebP_-_company-pension-plans.webp","https:\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F4xQDSdI4QNSj4o9MxhEbOr\u002Faff609e317c8560255e2dc9112c3f101\u002Flist_image_-_company-pension-plans.png","https:\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F7MhZCDEfR4kfVxQs62U7An\u002F0c7aca760dea81da3a249afb82d18389\u002Flist_image_mobile_-_company-pension-plans.png","https:\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F6ItIp0IQdIGfbnsyZfXWU0\u002F24326f86d0595aa65df0a5d6b467bc4a\u002FList_image_-_800x511_-_WebP_-_company-pension-plans.webp","https:\u002F\u002Fimages.ctfassets.net\u002Fshj4zexxz7od\u002F3nQfuNUE3GBy9k5RnuiqNS\u002Fb778a240175215dcf589127b256d5b29\u002FList_image_Mobile_-_380x243_-_WebP_-_company-pension-plans.webp","en","Fill in Your Numbers","Your remaining loan amount is about {loan_amount}, with an interest rate of {interest_rate}. You are currently paying {monthly_payment} per month. Now, consider making a one-time extra payment of {one_time_repayment} and or an annual extra payment of {annual_extra_repayment}.",[],"\u003Cp>Making a repayment (Sondertilgung) feels like the responsible choice; getting debt-free faster is the German dream, right? Not always. While it lowers your interest costs, it often locks up capital that could earn a much higher return elsewhere. \u003C\u002Fp>\n","Don’t just look at when you’ll be debt-free, but review what happens to your overall net wealth. Check if  the compounding of high returns of an alternative investment can boost your total net wealth by more, also considering investment risks.","additional-repayment-calc","Main",{"annual_extra_repayment":552,"one_time_repayment":556,"interest_rate":559,"loan_amount":563,"monthly_payment":566,"locale":569},{"formatted_value":553,"value":554,"type":555,"options":-1},"6.000 €",6000,"currency",{"formatted_value":557,"value":558,"type":555,"options":-1},"40.000 €",40000,{"formatted_value":560,"value":561,"type":562,"options":-1},"3,19 %",0.0319,"percentage",{"formatted_value":564,"value":565,"type":555,"options":-1},"349.500 €",349500,{"formatted_value":567,"value":568,"type":555,"options":-1},"2.062 €",2062,{"formatted_value":543,"value":543,"type":25,"options":-1},{"dynamic_advice":571,"etf_gain":573,"months_done_earlier_etf":576,"new_end_year":580,"original_end_year":583,"months_done_earlier":586,"interest_saved":589},{"formatted_value":572,"value":572,"type":25,"options":-1},"As your interest rate is relatively high, the gain from investing in stock ETFs is smaller, but would still add up over time.",{"formatted_value":574,"value":575,"type":555,"options":-1},"235.719 €",235719.03,{"formatted_value":577,"value":578,"type":579,"options":-1},"96",96,"number",{"formatted_value":581,"value":582,"type":579,"options":-1},"2039",2039,{"formatted_value":584,"value":585,"type":579,"options":-1},"2045",2045,{"formatted_value":587,"value":588,"type":579,"options":-1},"56",56,{"formatted_value":590,"value":591,"type":555,"options":-1},"30.399 €",30399.34,[593,623],{"type":594,"stackType":595,"domains":596,"series":601},"column","default",[597],{"domainName":304,"data":598,"range":533},[529,599,600],10,15,[602,609,616],{"serieName":603,"data":604,"color":608},"Sondertilgung gains",[605,606,607],79796.30936655337,126358.22724884575,180835.9472029337,"#e06666",{"serieName":610,"data":611,"color":615},"ETF gains worse case",[612,613,614],87501.21912901463,149495.1944503714,230403.70683416116,"#e69137",{"serieName":617,"data":618,"color":622},"ETF gains",[619,620,621],94738.72749611843,173177.15496646345,285576.3133951439,"#6aa84f",{"type":624,"stackType":595,"domains":625,"series":649},"line",[626],{"domainName":627,"data":628,"range":533},"Beginning period",[629,413,118,630,631,529,632,633,634,635,599,636,637,638,639,600,640,641,642,643,644,645,646,647,648],0,3,4,6,7,8,9,11,12,13,14,16,17,18,19,20,21,22,23,24,[650,672],{"serieName":651,"data":652,"color":533},"Projected mortgage",[565,653,654,655,656,657,658,659,660,661,662,663,664,665,666,667,668,669,670,671,671,671,671,671,671],335704.50860343146,321462.4493935468,306759.36671913665,291580.3369914341,275909.9535367127,259732.3109585547,243030.98899391727,225789.0358466101,207988.95098126875,189612.66736035902,170641.53310618314,151056.2925692748,130837.06678396763,109963.3332912992,88413.90530877133,66166.91022582361,43199.767403193495,19489.165253629042,0.00001,{"serieName":673,"data":674,"color":533},"Repay faster",[565,675,676,677,678,679,680,681,682,683,684,685,686,671,671,671,671,671,671,671,671,671,671,671,671],288321.17910229816,266456.7878638941,243884.6339873826,220581.8067982136,196524.6539904197,171688.75761959035,146048.90931872494,119579.08471180908,92252.41699914401,64041.16968761834,34916.70843824321,4849.472002376413,1789908457031]