Handy Definitions

Restschuld

(Remaining Loan Balance)

After expiry of the fixed interest period usually a certain loan amount is left, this is normally referred to as the remaining balance. The remaining balance can in another context also refer to what is left at the end of the legal mortgage contract, which is usually 30 years in Germany.

 

Looking for a mortgage?

Use Hypofriend's affordability calculator to see what you can afford based on your personal situation.

Michael Michael Michael

How can we help?

Speak to an expert