Tap to type · drag sideways to adjust

Drag or tap · rate from your offer

Share of the loan you repay in the first year

years

Or drag the curve below.

More detailsextra repayment €5,000/year · repay from the start
€

Paid at the end of each year.

Interest-only start

Your monthly payment

per month

€1,375.00

€1,375.00

At 3.5% interest and 2% initial repayment you pay €1,375.00 a month. After the 10-year fixed-rate period, €169,473 is still owed; you are debt-free after 19 years 5 months.

€200,000€400,0000 y5 y10 y15 y20 y25 y
Repaid so farInterest paidRemaining balanceDrag the curve to change the fixed-rate period – the balance is shown above.
  1. 5 y 8 mMore principal than interest
  2. 10 yFixed rate ends (€169,473 left)
  3. 11 y 5 mHalf repaid
  4. 19 y 5 mDebt-free
Balance after 10 years
€169,472.86
Loan
€300,000.00
Total interest
+ €114,444.16
Total you pay
€414,444.16
Total term
19 years 5 months

After 10 years: follow-up financing

Payment afterwards at 3.5% (assumption)Remaining debt over the planned remaining term: 9 years 5 months
€1,762.63
Interest in the follow-up phase
€29,703.84
%

Nobody knows today what the rate will be after the fixed-rate period – try higher and lower values.

What you can do

  • With 3% initial repayment−€20,429 interest

    The payment rises to €1,625.00, you are debt-free 3 years 3 months sooner and owe only €133,615 when the fixed rate ends.

  • Your extra repayment of €5,000 per year−€63,149 interest

    Shortens the term by 9 years 7 months and lowers the balance at the end of the fixed rate by €58,811.

How this was calculated
Payment = €300,000.00 × (3.5% + 2%) ÷ 12
= €1,375.00

Each month: interest = remaining balance × rate ÷ 12; the rest of the fixed payment reduces the loan. Extra repayments lower the balance at the end of each year.

Amortization Calculator by Rechnerzentrale(opens in a new tab)