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Germany » Mortgages


GermanyYou can borrow up to 70% from German banks and building societies and they would normally expect a proven track record of regular monthly savings of up to six years before it is permitted. The maximum term would be up to 30 years on a fixed rate of interest.

Guide to the mortgages in Germany:

Keep in mind that for many countries, there is often more than one deal available and this page merely represents an overview of the typical requirements.

Typical Rate 5..67%
Loan purpose Residential, investment.
Min Loan €25,000
Max Loan Up to 70% loan to value for employed applicants and 56% for self-employed applicants
Term 30 years
Max Age 75
Repay method Capital and Interest
Currency Euro
Additional info 80% of rental income from German property can be added to monthly net income. On non Buy to Let products liabilities including new German mortgage not to exceed 35% net montly income.

 

Germany Mortgages
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