Expert articles for expats in Germany

Loan amount: The amount of money the bank lends you.
Mortgage interest rate: The annual rate charged on the outstanding balance.
Initial \"Tilgung\": The percentage of the original loan amount that is initially repaid each year.
Regular mortgage payment: The total amount paid during each payment period.
\"Zinsbindung\": The agreed period during which the mortgage interest rate remains fixed.
\"Restschuld\": The outstanding loan balance after the fixed rate period has expired.

Property, mortgages, tax and insurance, practical guides and market updates written for international residents navigating the German financial system.