Enter your loan amount, interest rate, and term to see your monthly payment and total cost, including a year-by-year amortisation breakdown.
This is an estimate for informational purposes only. Not financial, medical, or professional advice.
M
Monthly payment
The fixed amount paid every month
P
Loan amount
The principal borrowed
r
Monthly rate
Annual interest rate ÷ 12
n
Payments
Total number of payments (years × 12)
€250,000 loan amount · 3.5% annual rate · 25-year term
Monthly payment
≈ €1,252
fixed, every month
Total paid
≈ €375,600
over 25 years
Total interest
≈ €125,600
roughly half the loan
Property prices vary widely across EU member states, but they kept rising broadly across the bloc through 2024. Eurostat's House Price Index recorded a 4.9% year-on-year increase for the EU in the fourth quarter of 2024 alone. After a typical 10–20% down payment on a mid-range home, a loan of €250,000 is a representative starting point for many EU buyers. Working out how to save toward that down payment first is its own planning question, one the savings goal calculator is built to answer.
At a 3.5% fixed rate over 25 years, the monthly obligation would be around €1,252. Over the full term, you would pay approximately €125,600 in interest (roughly half the original loan) on top of the principal.
This is why comparing offers and terms matters: even a 0.5% difference in rate on a €250,000 loan changes the total interest by around €15,000–20,000.
“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.”
No. This calculator computes only the principal and interest portion of your payment using the standard annuity formula. Property taxes, homeowners insurance, private mortgage insurance (PMI), and HOA fees are billed separately and are not part of the figure shown here. Depending on the lender and country, some of these costs are folded into a single monthly escrow payment alongside principal and interest, while others are billed on their own schedule entirely; add them yourself, on top of the figure shown here, for a full monthly-outgoings picture.
It does not change the arithmetic, the formula only needs a loan amount, rate, and term, but it changes how comfortably you can carry the result and whether a lender offers you that rate and term in the first place. Lenders typically average two or more years of self-employed income, may discount irregular or bonus-based earnings, and often apply stricter affordability checks than they would to a fixed salary. So the payment shown here is a starting point for your own budgeting, useful for comparing scenarios, not a guarantee of the rate, term, or loan amount a lender will actually approve.
Extra repayments reduce the outstanding principal directly, which lowers the interest charged on every subsequent payment and can either shorten the loan term or lower future monthly payments, depending on how the lender applies the overpayment. This calculator shows the fixed schedule for the inputs you provide, it does not model one-off or recurring overpayments on its own; to see the effect, re-run it with a shorter term or a larger monthly figure and compare the total-interest outcome against the original schedule. Some lenders also cap how much can be overpaid per year without a fee, worth checking before committing to a repayment plan.
The calculator assumes whatever rate you enter stays constant for the full term, matching a fixed-rate mortgage. If your actual loan is variable, tracker, or mixed-rate (fixed for an initial period, then variable), the real payment will change whenever the rate resets, upward or downward, in a way this single fixed-rate calculation cannot show. Re-run the calculator with a few different rate scenarios, including a higher one, to get a feel for how a rate reset could affect your payment before choosing between a fixed and a variable product.
Yes, in the sense that you can enter a new rate, remaining balance, and term to see the resulting payment and total interest, and compare that against your current loan's figures. It does not account for refinancing costs (closing fees, early-repayment penalties on the existing loan, appraisal and legal fees), which can offset some or all of the monthly savings, especially if you plan to move or refinance again within a few years. Factor those one-off costs in separately, alongside the ongoing monthly difference, before deciding whether a refinance actually pays off.