Should I borrow the maximum amount or should I save some equity?

Whether you should devote all of your savings to your property purchase depends on a number of factors but largely boils down to your preferences. If you are a savvy investor, you will typically want to save your equity and diversify it across other properties or investments. If you are a first-time homebuyer it makes sense to buy a property that will become the cornerstone of your financial future. It is important to understand that given the high purchase fees in Germany, it makes sense to live their for as long as possible. If that means buying a larger property to grow into with your future family to avoid moving, then we recommend maximizing the amount you can borrow.

Looking for a mortgage?

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

See what I can afford
MichaelMichaelMichael

How can we help?

Speak to an expert