Interest-only repayments on a 400.000 € loan — Germany

At 3.8% over 30 years with a 5-year interest-only period:

• Interest-only repayment: 1.267 € a month
• Reverts to: 2.067 € a month
• Payment jump: 801 € a month
• Extra interest vs P&I: 25.249 €

Frequently asked questions

What are interest-only repayments on a 400.000 € loan?

At 3.8%, about 1.267 € a month. Nothing comes off the balance, so you still owe 400.000 € when the interest-only period ends.

How much does the repayment jump?

By about 801 € a month after a 5-year interest-only period, because the full 400.000 € must then be repaid over the remaining 25 years.

What does it cost overall?

About 25.249 € more interest over the life of the loan than paying principal and interest from the start.

Compare with principal & interest on the same loan

Estimate only. Assumes a fixed rate and no fees; lenders often price interest-only higher. Not financial advice.