Credit Loan Calculator Germany

The mortgage amount is calculated by subtracting your equity from the total purchase price of the house. The credit loan calculator for Germany also takes into account your desired monthly payment, the interest rate, and the fixed interest period to provide a reliable estimate of your financing structure.

The results are nonbinding estimates that provide an overview of possible financing options. The actual terms depend on the lender's financial review, but the credit loan calculator for Germany gives a solid foundation for potential payments and loan structures.

Key decisions include the fixed interest period, the repayment structure, and the choice of monthly payment. The credit loan calculator for Germany helps you simulate these decisions through various scenarios to find a suitable financing model.

The additional costs for a mortgage include several items that should be considered when financing a property. These costs typically range between 5 % and 12 % of the property’s purchase price. Our credit loan calculator for Germany provides a detailed overview of these costs, allowing you to create a realistic estimate for your home financing. The following additional costs should be taken into

Property Transfer Tax: This is a one-time tax applied when purchasing a property. It varies by federal state, ranging from 3,5 % to 6,5 % of the purchase

Notary Fees: Notary fees are required to notarize the purchase contract and registration in the land register. These are legally mandated and amount to around 1,5 % to 2 % of the purchase price.

Notary fees cover the following services: Notarization of the purchase contract and application for the change of ownership in the land register.

Management of escrow accounts: to ensure the purchase price is paid only after successful transfer of ownership.

Broker Fees (if applicable): Broker fees are due if you use the services of a real estate agent. These commissions range between 3,57 % and 7,14 % of the purchase price (including VAT). The amount and who pays the broker fee (buyer, seller, or both) depends on regional practices and the purchase contract. For new builds, broker fees are often already included in the purchase price.

Other construction and additional costs (if applicable): Construction Company Fees: For new builds, additional fees for the construction company, such as planning, materials, and construction execution, apply.

Permits and Assessments: These include costs for building permits, official approvals, soil inspections, and expert assessments. These costs should be planned from the beginning to avoid unpleasant surprises.

Development Costs: For undeveloped land, there may be development costs required to connect the property to public infrastructure (e.g., water, electricity, sewage).

Our credit loan calculator for Germany helps you incorporate these additional costs directly into your calculations, giving you a realistic estimate of the total costs from the start. This ensures that all relevant fees and taxes are included in your financing plan, helping you avoid surprises.

The purchase price impacts the loan amount, monthly payment, interest rate, and loan term. The credit loan calculator for Germany takes into account the purchase price, additional purchase costs, and equity to provide an accurate loan calculation.

Equity is crucial in determining the loan amount and interest rate. Lenders often expect it to cover at least the additional purchase costs. The credit loan calculator for Germany uses your equity input to calculate optimal loan terms.

The monthly payment affects the loan amount and repayment plan. The credit loan calculator for Germany adjusts the payment to fit your budget, taking the loan term into account. Higher payments shorten the term, while lower payments extend it.

Yes, a mortgage without equity is possible. In some cases, you can finance up to 115 % of the purchase price, depending on your personal situation, such as having a very high income.

A full financing option (over 100 % of the property value) means the lender finances not only the property but also the additional costs, such as notary fees, property transfer tax, and possibly broker fees. However, since this poses a higher risk for the lender, it usually comes with higher interest rates.