Calculator Field Descriptions

3.1. Common Fields

• Interest Rate (% p.a.) – Annual nominal interest rate for the loan. Example: enter 3.5 for 3.5% per year.
• Fixed Rate Period (Years) – Duration for which the interest rate remains unchanged (e.g., 10 years).
• Choose repayment type – Select between:
  • Repayment rate (% p.a.) – Annual repayment percentage of the initial loan amount.
  • Monthly rate (€) – Fixed monthly repayment amount.
• Repayment Rate (% p.a.) – The initial annual repayment percentage if "Repayment rate" is selected.

3.2. Specific to Loan Amount Calculation

• Loan Amount (€) – The total amount you wish to borrow, without additional purchase costs.

3.3. Specific to Property Price Calculation

• Property Value (€) – The purchase price of the property.
• Down Payment (€) – Amount of your own funds used for the property purchase.
• German State – Location of the property; used to calculate the applicable real estate transfer tax rate.
• Notary and land registry costs (%) – Estimated percentage of costs for the notary and land registry, typically 1.5–2.5% (1.5% notary + 0.5% land registry).
• Include agent fees – Option to include real estate agent commission in the calculation; when enabled, enter the applicable percentage.