Monthly payment

Replace 3.5% with the rate in your offer. It is not a market average.

What the payment includes

A price of 300,000 euros with 60,000 euros of deposit leaves a loan of €240,000.00. Over 25 years at 3.5% the payment is €1,201.50 a month. Replace 3.5% with the rate in your offer. It is not a market average, and the payment is not an APR.

Common questions

Is 3.5% an official German mortgage rate?

No. Type the rate from the bank offer. Fees and insurance are not in the payment.

What is left out?

Arrangement fees, a guarantee and insurance. The figure is the loan payment only.

Sources

The rate is the one you type. This page does not publish a Bundesbank average.