In short
At 3.91%, the Bundesbank average on new housing loans fixed for over 5 up to 10 years (September 2026), a €300,000 loan repaid over 30 years costs €1,417 a month. One more point of interest adds €177 a month on that loan. The rate is usually fixed for a period shorter than the loan (the Sollzinsbindung); what is left is refinanced at the rate of the day.
Monthly payment at 3.91%, by loan and term
| Loan | 20 years | 25 years | 30 years | 35 years |
|---|---|---|---|---|
| €200,000 | €1,202 | €1,046 | €944 | €875 |
| €300,000 | €1,804 | €1,569 | €1,417 | €1,312 |
| €400,000 | €2,405 | €2,092 | €1,889 | €1,750 |
Calculation with the formula above at the Bundesbank average effective rate on new housing loans to households fixed for over 5 up to 10 years (September 2026; 3.81% in August 2026). Other fixation periods, same month: variable or fixed up to 1 year4.51%; fixed over 1 up to 5 years4.03%; fixed over 10 years4.13%; all fixation periods4.09%.
Before you borrow
General information drawn from the official sources cited and dated on this page. It is not legal, tax or financial advice: for your own situation, ask a licensed professional.
Sources
- Deutsche Bundesbank, MFI interest rate statistics (BBIM1): effective interest rates of banks in Germany, new business, loans to households for house purchase, by initial rate fixation period (ESCB statistics) (Quelle: Deutsche Bundesbank / EZB-Statistiken. ESCB statistics may be reused free of charge if the source is cited and the statistics (incl. metadata) are not altered.).