Compare Mortgages in Austria

Compare the total cost over the initial fixed period including all fees, not just the headline rate — a lower rate with high arrangement fees often costs more over two years.

Compare the top 20 Austrian mortgages providers, with rates from 3.65% initial. Data current as of 23 October 2026 and updated daily from the Giraffy database.

Live offers

20 live offers compared from 20 providers, from 3.65% initial. Updated daily.

DAK Wohnbaukredit AT DAK Mortgage AT

3.65% initial

  • Interest Rate: 3.65% (5-yr fixed — Bausparen combo)
  • Loan to Value: 80% LTV
  • Initial Period: 5-yr fixed
  • Key Feature: DAK — Bausparkasse specialist; savings + mortgage combo

Hypo NÖ Wohnbaukredit AT Hypo NÖ Mortgage AT

3.70% initial

  • Interest Rate: 3.70% (5-yr fixed — often lowest)
  • Loan to Value: 85% LTV
  • Initial Period: 5-yr fixed
  • Key Feature: Hypo NÖ — Lower Austria Landesbank; highest LTV; specialist lender

Hypo NÖ Mortgage AT Hypo NÖ AT

3.70% initial

  • Interest Rate: 3.70% fixed
  • Loan to Value: Up to 80% LTV
  • Initial Period: 25 years
  • Key Feature: Lower Austria specialist

Oberbank Mortgage AT Oberbank AT

3.75% initial

  • Interest Rate: 3.75% fixed
  • Loan to Value: Up to 80% LTV
  • Initial Period: 25 years
  • Key Feature: Upper Austria regional bank

Hypo Tirol Wohnbaukredit AT Hypo Tirol AT

3.75% initial

  • Interest Rate: 3.75% (fixed 5-yr — often lowest)
  • Loan to Value: 85% LTV
  • Initial Period: 5-yr fixed
  • Key Feature: Hypo Tirol — regional Landesbank; highest LTV (85%); specialist housing lender; Tirol base

easybank Wohnbaukredit AT easybank Mortgage AT

3.78% initial

  • Interest Rate: 3.78% (5-yr fixed)
  • Loan to Value: 80% LTV
  • Initial Period: 5-yr fixed
  • Key Feature: easybank — digital mortgage; ex-Barclays; BAWAG group

BTV Mortgage AT BTV AT

3.80% initial

  • Interest Rate: 3.80% fixed
  • Loan to Value: Up to 85% LTV
  • Initial Period: 20 years
  • Key Feature: Regional Vorarlberg/Tirol

BAWAG Wohnbaukredit AT BAWAG P.S.K.

3.80% initial

  • Interest Rate: 3.80% (fixed 5-yr)
  • Loan to Value: 80% LTV
  • Initial Period: 5-yr fixed
  • Key Feature: BAWAG — often Austria's best rate; easybank integration; online only option

Volksbank Wohnbaukredit AT Volksbank Mortgage AT

3.85% initial

  • Interest Rate: 3.85% (3-yr fixed)
  • Loan to Value: 80% LTV
  • Initial Period: 3-yr fixed
  • Key Feature: Volksbank — cooperative; member advantage; personal adviser

Volksbank Mortgage AT Volksbank AT

3.85% initial

  • Interest Rate: 3.85% fixed
  • Loan to Value: Up to 80% LTV
  • Initial Period: 25 years
  • Key Feature: Cooperative bank network

Erste Bank Wohnbaukredit AT Erste Bank

3.89% initial

  • Interest Rate: 3.89% (3-yr fixed)
  • Loan to Value: 80% LTV
  • Initial Period: 3-yr fixed then variable
  • Key Feature: Erste — Austria's largest retail bank; housing savings (Bausparen) combo; green building bonus

Bigbank Mortgage AT Bigbank AT

3.90% initial

  • Interest Rate: 3.90% fixed
  • Loan to Value: Up to 80% LTV
  • Initial Period: 10 years
  • Key Feature: Online specialist bank

BKS Bank Wohnbaukredit AT BKS Mortgage AT

3.90% initial

  • Interest Rate: 3.90% (3-yr fixed)
  • Loan to Value: 80% LTV
  • Initial Period: 3-yr fixed
  • Key Feature: BKS Bank — 3 Banken Group; Carinthia/Tyrol specialist

Erste Bank Wohntraum Hypothekar AT Erste Bank Hypothekarkredit AT

3.92% initial

  • Interest Rate: 3.92% (5-yr fixed)
  • Loan to Value: 80% LTV
  • Initial Period: 5-yr fixed
  • Key Feature: Erste — Wohntraum; EPC A+ green bonus; Bausparen combo

Raiffeisen Wohnbaukredit AT Raiffeisen Bank AT

3.95% initial

  • Interest Rate: 3.95% (3-yr fixed)
  • Loan to Value: 80% LTV
  • Initial Period: 3-yr fixed
  • Key Feature: Raiffeisen — regional cooperative; €Bausparkasse Raiffeisen; lowest rates for Raiffeisen members

ING DiBa Wohnbaukredit AT ING Mortgage AT

3.95% initial

  • Interest Rate: 3.95% (variable EURIBOR+2.3%)
  • Loan to Value: 80% LTV
  • Initial Period: Variable
  • Key Feature: ING DiBa — digital-first; no early repayment fee; online tracker

Raiffeisen Baufinanzierung AT Raiffeisen Baufinanzierung AT

3.98% initial

  • Interest Rate: 3.98% (3-yr fixed)
  • Loan to Value: 80% LTV
  • Initial Period: 3-yr fixed
  • Key Feature: Raiffeisen — regional cooperative; Bausparkasse Raiffeisen combo

Bank Austria Klimakredit AT Bank Austria Wohnkredit AT

4% initial

  • Interest Rate: 4.00% (variable EURIBOR+2.3%)
  • Loan to Value: 80% LTV
  • Initial Period: Variable
  • Key Feature: Bank Austria Klimakredit — green building bonus; UniCredit group

Bank Austria Wohnkredit AT Bank Austria AT

4.05% initial

  • Interest Rate: 4.05% (variable EURIBOR+2%)
  • Loan to Value: 80% LTV
  • Initial Period: Variable
  • Key Feature: Bank Austria (UniCredit group); online Wohnkredit; Klimakredit green building

Wüstenrot Wohnbaukredit AT Wüstenrot AT

4.10% initial

  • Interest Rate: 4.10% (variable)
  • Loan to Value: 80% LTV
  • Initial Period: Variable
  • Key Feature: Wüstenrot — building society specialist; Bausparen+mortgage combo; Austria-wide network

What are mortgages in Austria?

A mortgage (Hypothekarkredit or Immobilienkredit) in Austria is a long-term loan secured against property, used to buy or build a home. Loans come with fixed interest (Fixzinssatz) for a set period, variable rates tied to a reference index (usually the Euribor plus a margin), or a mix. Terms often run 20 to 35 years, and the property serves as security through a land-register lien (Hypothek).

How the Austrian market works

Banks and building-society-style lenders (Bausparkassen) provide mortgages, assessing income, existing debt and the property value. Since 2022, the KIM-Verordnung (macroprudential lending rules) has set binding limits: broadly, a minimum 20% deposit (so up to 90% loan-to-value including costs), a maximum debt-service-to-income ratio around 40%, and a maximum term of about 35 years. These rules aim to keep borrowing sustainable and shape what you can borrow. A distinctive Austrian feature is the Bausparen system: a building-society savings contract that, after a saving phase, entitles you to a low-rate, rate-capped Bauspardarlehen often used as a second tranche alongside a main bank mortgage. Fixed-rate periods of 10, 15, 20 years or longer are widely offered, and lenders require the property to be valued and a mortgage lien entered in the land register (Grundbuch) before funds are released.

Benefits

Homeownership access — spread a property purchase over decades of affordable payments.

Rate certainty option — fixed-rate periods protect against rising interest rates.

Bausparen support — building-society savings can provide low-rate top-up financing.

Asset building — repayments build equity in a home rather than paying rent.

How to choose

Weigh fixed versus variable rates: fixed gives payment certainty, variable can be cheaper but exposes you to rate rises. Compare the effective annual rate across lenders, not just the nominal rate, and factor in the KIM-Verordnung limits on deposit, term and income ratio. Budget for ancillary costs (land-register, notary, property-transfer tax and any broker fees), and check early-repayment terms and rate-fixing periods. Get quotes from more than one bank plus a Bausparkasse, since a combined bank-loan-and-Bauspardarlehen structure can improve the blended rate, and be realistic about the debt-service-to-income limit, as the KIM rules mean a lender may approve less than you hoped and you should budget a comfortable margin above the minimum affordable payment.

Leading providers in Austria

Major banks Raiffeisen, Erste Bank, Bank Austria and BAWAG offer mortgages, alongside the building-society lender Wüstenrot and regional Hypo banks such as Hypo NÖ. They compete on rates, fixed-rate terms, loan-to-value flexibility within the rules, and advisory service. The best choice depends on your deposit, income, preferred rate type and the property.

What it costs

Mortgage rates commonly sit in the range of about 3.65% to 4.1% depending on the fixed-rate period, loan-to-value and borrower profile, with variable rates tracking Euribor plus a margin. On top of interest, expect ancillary purchase costs of several percent of the price for tax, notary and registration. A larger deposit and shorter fixing generally improve the rate.

Protections and regulation

Mortgage lending is governed by the Hypothekar- und Immobilienkreditgesetz and supervised by the FMA, with the binding KIM-Verordnung macroprudential limits on deposit, term and debt-service ratio. Lenders must disclose the effective annual rate, run affordability checks and provide the standardised ESIS information sheet. Borrowers have information rights, and early repayment is permitted with regulated compensation limits.

Common questions

How much deposit do I need? The KIM rules generally require at least 20%, so up to 90% loan-to-value including costs. Fixed or variable? Fixed for certainty; variable can be cheaper but riskier. What extra costs apply? Property-transfer tax, notary, land-register and possible broker fees. Can I repay early? Yes, with regulated early-repayment compensation.

Mortgages in Austria — FAQ

What mortgage rate can I get in Austria right now?

Giraffy tracks 20 mortgage products across 20 lenders in Austria. Use the sort and filter controls to compare fixed versus variable rates and initial deal lengths.

What is the difference between a fixed-rate and a variable-rate mortgage?

A fixed-rate mortgage locks your interest rate for a set period — typically 2, 5, or 10 years — giving payment certainty. A variable rate moves with the central bank benchmark rate set by the Financial Market Authority Austria (FMA). Fixed rates suit those who want stability; variable suits those who expect rates to fall.

How much can I borrow with a mortgage?

Most lenders apply an income multiple — typically 4–5× your gross annual income for a conventional mortgage. Affordability assessments also factor in outgoings, existing debts, and the property's loan-to-value (LTV) ratio. A mortgage adviser or broker can run a full affordability assessment for free.

What is LTV (loan-to-value) and why does it matter?

Loan-to-Value (LTV) is the mortgage amount as a percentage of the property's value. A 90% LTV means you're borrowing 90% and putting down 10% as a deposit. Lower LTV means less risk for the lender — you'll typically be offered a lower interest rate with a deposit of 20–25% or more.

How long does mortgage approval take?

An indicative approval can usually be obtained the same day online. Full mortgage approval — after property valuation and underwriting — typically takes 2–6 weeks. Having all your documents ready (pay stubs, bank statements, ID) speeds up the process significantly.

Are there Islamic home-finance products available in Austria?

Sharia-compliant home-finance products structure the transaction without interest, typically through Murabaha (cost-plus financing) or Ijara (lease-to-own) arrangements. Check with individual lenders for availability in your market.

What fees are charged to set up a mortgage?

Lenders often charge arrangement, origination, or application fees to set up a mortgage — amounts vary by lender and market. You can usually add them to the loan, but you'll pay interest on them for the full term. For large loans, a higher-fee/lower-rate deal may be cheaper overall — compare total cost over the initial fixed period.