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Loan Calculator: Monthly Payment & Repayment Schedule

When I first looked into mortgages, I wanted to know two things: what do I pay each month, and what does this actually cost me over the full term? This calculator gives both: with a full year-by-year repayment schedule.

Loan Calculator – Calculate Amortisation Schedule

Annuity loan, repayment loan, bullet loan & extra repayments

€
%
%
€
Years
Monthly Payment
€1,488.73
fixed · €250,000 annuity loan at 3.8% · 20 years
Total Cost
€357,296.21
Total Interest
€107,296.21
Loan Amount
€250,000.00
Interest Share
42,9 %
Total Cost
€357,296.00
Total Interest
€107,296.00
Loan Amount
€250,000.00
Interest Share
42.9%

The Three Loan Types at a Glance

Annuity Loan The monthly payment stays constant. Interest dominates at the start, repayment later. The classic for property financing.
Repayment Loan Repayment stays constant, the payment decreases over time. Higher initial burden, but less total interest than the annuity loan.
Endfälliges Darlehen Während der term werden interest only gezahlt. Die gesamte Tilgung erfolgt am Ende auf einen Schlag – oft kombiniert mit Lebensversicherungen.

In property financing, the annuity loan is by far the most widespread – – weil die fixede Rate eine sichere Planungsgrundlage bietet. For property investors, a bullet loan can be tax-efficient, as interest payments may be deductible.

Tip: Use the amortization schedule to see how much debt remains after 10 years – this is crucial for refinancing planning.

Frequently Asked Questions

At 3.8% interest over 20 years, the monthly payment on €250,000 is approximately €1,489. Total interest paid over the full term is around €107,000.
With an annuity mortgage, the monthly payment stays constant throughout the term. Early payments are mostly interest; later payments are mostly capital repayment. It's the most common mortgage type in Germany and widely used across Europe.
With a repayment loan, the capital repayment stays constant and the total monthly payment decreases over time. With an annuity loan, the monthly payment is fixed throughout.
Almost always when your mortgage rate is higher than the after-tax return you could get from a safe investment. At 4%+ mortgage rates, overpaying is hard to beat.
Annuity Loan GuideHow it really worksMortgage OverpaymentWhen it makes senseFixed Rate ExpiryWhat to do when your deal endsInvestment CalculatorETF savings plan & returns

⚠️ All calculations are for guidance only. Not a substitute for professional financial advice.