Buying a home in Germany: mortgage rates and costs

What a mortgage typically costs in Germany right now, how the central bank rate compares, and a worked monthly payment example you can adjust in our calculators.

Typical mortgage rate

3.3% – 4%

10-year fixed (Sollzinsbindung), 80% LTV. After the fixation period the loan refinances.

As of 2025-11-28. Source

Central bank rate

2%

European Central BankDeposit facility rate

As of 2025-10-30. Source

Example monthly payment in Germany

Example monthly payment in Germany
Purchase price€400,000
Deposit (20%)€80,000
Loan amount€320,000
Interest rate3.65% · 25-year term
Estimated monthly payment€1,628

Illustration only, using the midpoint of the typical rate range. It excludes taxes, insurance and fees. Adjust the figures in the mortgage calculator.

Calculators for Germany

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