Compare Mortgages in Germany

Compare mortgage rates in Germany.

Compare the top 15 German mortgages providers, with rates from 3.50% initial. Data current as of 23 October 2026 and updated daily from the Giraffy database.

Live offers

24 live offers compared from 15 providers, from 3.50% initial. Updated daily.

Wüstenrot Bausparvertrag Wüstenrot Bank

3.50% initial

  • Initial Rate: 3.50%
  • Loan-to-Value: 80%
  • Initial Period: 10yr
  • Key Feature: Bausparkasse

NIBC Direct Baufinanzierung NIBC Direct DE

3.55% initial

  • Initial Rate: 3.55%
  • Loan-to-Value: 80%
  • Initial Period: 10yr
  • Key Feature: Best buy rates

Lloyds Bank Baufinanzierung Lloyds Bank DE

3.60% initial

  • Initial Rate: 3.60%
  • Loan-to-Value: 80%
  • Initial Period: 5yr
  • Key Feature: Fixed rate deal

DKB Baufinanzierung DKB

3.60% initial

  • Initial Rate: 3.60%
  • Loan-to-Value: 80%
  • Initial Period: 10yr
  • Key Feature: Online-only

Interhyp Interhyp

3.65% initial

  • Initial Rate: 3.65%
  • Loan-to-Value: 95%
  • Initial Period: 10yr
  • Key Feature: Broker: 400+ banks

Bank of Scotland Baufinanzierung Bank of Scotland DE

3.65% initial

  • Initial Rate: 3.65%
  • Loan-to-Value: 80%
  • Initial Period: 5yr
  • Key Feature: Online-only rate

ING Baufinanzierung DE ING Germany

3.69% initial

  • Initial Rate: 3.69% fixed
  • Loan-to-Value: 60% LTV
  • Initial Period: 2 years
  • Key Feature: ING — Germany's largest direct bank; lowest short-term rate; 100% online process

ING Baufinanzierung ING Germany

3.70% initial

  • Initial Rate: 3.70%
  • Loan-to-Value: 80%
  • Initial Period: 10yr
  • Key Feature: Simple process

DKB Baufinanzierung DE DKB

3.72% initial

  • Initial Rate: 3.72% fixed
  • Loan-to-Value: 60% LTV
  • Initial Period: 5 years
  • Key Feature: DKB — Berlin-based digital bank; low rate; no early repayment fee option

Interhyp Best-Rate Mortgage DE Interhyp

3.75% initial

  • Initial Rate: From 3.75% (best-of-market)
  • Loan-to-Value: Up to 80% LTV
  • Initial Period: Various (broker matches best term)
  • Key Feature: Interhyp — Germany's #1 broker; 500+ lenders; free independent advice

Deutsche Bank Baufinanzierung Deutsche Bank

3.75% initial

  • Initial Rate: 3.75%
  • Loan-to-Value: 90%
  • Initial Period: 10yr
  • Key Feature: Full service bank

Postbank Baufinanzierung Postbank

3.75% initial

  • Initial Rate: 3.75%
  • Loan-to-Value: 90%
  • Initial Period: 10yr
  • Key Feature: Deutsche Bahn group

Commerzbank Baufinanzierung Commerzbank

3.80% initial

  • Initial Rate: 3.80%
  • Loan-to-Value: 90%
  • Initial Period: 10yr
  • Key Feature: Online & branch

Santander Baufinanzierung Santander Bank DE

3.80% initial

  • Initial Rate: 3.80%
  • Loan-to-Value: 90%
  • Initial Period: 10yr
  • Key Feature: Consumer focus

HypoVereinsbank Baufinanzierung HypoVereinsbank

3.85% initial

  • Initial Rate: 3.85%
  • Loan-to-Value: 90%
  • Initial Period: 10yr
  • Key Feature: UniCredit Group

Commerzbank Baufinanzierung DE Commerzbank

3.89% initial

  • Initial Rate: 3.89% fixed
  • Loan-to-Value: 60% LTV
  • Initial Period: 5 years
  • Key Feature: Commerzbank — major German bank; branch network; Sondertilgung (overpayment) up to 5%/yr

Sparkasse Baufinanzierung Sparkasse

3.90% initial

  • Initial Rate: 3.90%
  • Loan-to-Value: 90%
  • Initial Period: 10yr
  • Key Feature: Local advisor

Berliner Volksbank Finanzierung Berliner Volksbank

3.95% initial

  • Initial Rate: 3.95%
  • Loan-to-Value: 90%
  • Initial Period: 10yr
  • Key Feature: Regional bank

Deutsche Bank Baufinanzierung DE Deutsche Bank

3.99% initial

  • Initial Rate: 3.99% fixed
  • Loan-to-Value: 60% LTV
  • Initial Period: 10 years
  • Key Feature: Deutsche Bank — Germany's largest bank; long-term rate security; private banking clients preferred

Sparkasse Baufinanzierung DE Sparkasse

4.09% initial

  • Initial Rate: 4.09% fixed
  • Loan-to-Value: 60% LTV
  • Initial Period: 10 years
  • Key Feature: Sparkasse — Germany's savings bank network; local service; 50% of German mortgages via Sparkassen

Ihre monatliche Miete: Interhyp

€200 /month

  • Provider: Interhyp

Das können Sie sich leisten Interhyp

€345 /month

  • Provider: Interhyp

Allianz Baufinanzierung Allianz

Price on request

Interhyp Baufinanzierung Interhyp

Price on request

What is Mortgages in Germany?

A mortgage in Germany, known as a Baufinanzierung or Immobilienfinanzierung, is a long-term loan secured against property that lets you buy or build a home. Compared with some other countries, the German market is conservative and stability-oriented: borrowers typically fix their interest rate for many years and commit to a steady repayment plan.

The defining features are the Sollzinsbindung, the period for which the interest rate is fixed, and the Tilgung, the annual repayment rate that gradually pays down the loan. Because Germans often buy later and put down sizeable deposits, loan-to-value ratios tend to be lower than in more credit-driven markets.

How the German market works

Financing is arranged directly with banks or through brokers. Interhyp is the best-known broker platform, comparing conditions across hundreds of lenders, while banks such as Commerzbank, Deutsche Bank, the Sparkassen, DKB, ING Germany, Bank of Scotland Deutschland and regional cooperatives like Berliner Volksbank lend on their own books.

Lenders assess the property's Beleihungswert (mortgage lending value) and set terms by loan-to-value: the more equity you bring, the better the rate. Fixed-rate periods commonly run 5, 10, 15 or 20 years. After 10 years, German law gives borrowers a right to repay with limited notice regardless of the agreed fixation. A Bausparvertrag (building-savings contract) is often used alongside a mortgage to lock in future rates or fund repayment.

Benefits

Long rate certainty — Fixing the Sollzins for 10 or 20 years protects your monthly payment from interest-rate swings.

Structured repayment — A defined Tilgung means the balance falls predictably, and many lenders allow you to adjust the repayment rate.

Lower rates with more equity — Bringing a larger deposit reduces the LTV and typically unlocks better conditions.

Statutory early-exit right — After 10 years you can repay the loan with six months' notice, even within a longer fixation.

How to choose

Begin with your total budget, remembering the Kaufnebenkosten (purchase side costs): Grunderwerbsteuer (real-estate transfer tax, which varies by federal state), notary and land-registry fees, and any agent commission. These often add well over 10 percent to the purchase price and usually cannot be financed.

Then weigh the fixed-rate period against your plans and rate expectations, and choose a Tilgung high enough to clear the debt in a sensible timeframe. Compare the effective annual rate (effektiver Jahreszins) rather than the headline rate, check flexibility such as special repayments (Sondertilgungen), and consider whether a broker like Interhyp or a direct bank offer suits you better.

Leading providers in Germany

Interhyp acts as a broker, sourcing conditions from many banks rather than lending itself. Direct lenders include Commerzbank, Deutsche Bank, DKB and ING Germany among the nationals, the regional Sparkassen and cooperative banks such as Berliner Volksbank, and Bank of Scotland Deutschland. This page compares offers across these providers, with loan amounts commonly reaching €200,000 and above for typical purchases.

What it costs

Mortgage rates move with capital markets. At recent levels, fixed rates around 3.5 percent have been representative for standard fixations, though the exact rate depends on the fixation length, your LTV, income and the property. On a €200,000 loan, the monthly payment combines interest and Tilgung, so a higher repayment rate raises the monthly cost but shortens the term and cuts total interest. Always model the remaining balance at the end of the fixation, since most loans are not fully repaid within the first fixed period.

Protections and regulation

Mortgage lending is regulated under German and EU consumer-credit rules, with BaFin supervising the banks. Lenders must run a creditworthiness assessment, and Schufa data feeds into that check. Borrowers receive a standardised information sheet (ESIS) and a 14-day withdrawal right on the loan agreement. The statutory 10-year termination right under the Civil Code is an important protection against being locked into an outdated rate.

Common questions

How much deposit do I need? Many lenders expect you to cover the purchase side costs from savings and ideally some of the price too; more equity means a lower LTV and a better rate.

What happens after the fixed period ends? You refinance the remaining balance (Anschlussfinanzierung) at then-current rates, which is why the Restschuld at fixation-end matters.

Can I overpay? Many contracts allow annual Sondertilgungen up to an agreed limit without penalty; confirm the terms before signing.

Mortgages in Germany — FAQ

What mortgage rate can I get in Germany right now?

Giraffy tracks 24 mortgage products across 15 lenders in Germany. 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 BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht). 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 Germany?

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.