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Cost of moneyGermany

Mortgage rates in Germany

What would a home loan cost me there?

Germany's mortgage rates is 3.93 % — #18 of 25 countries on the atlas (lower is better). Period 2026-07.

3.93%

Checked 8 Sept 2026Period 2026-07

Source: ECB Data Portal, MIR statistics

On a €300,000 loan over 25 years, 3.93 % works out to roughly €1,572 a month.

Mortgage rates in Germany over time

3.95 %3.94 %3.93 %3.95 % · June 20263.93 % · May 2026May 2026: 3.93 %June 2026: 3.95 %July 2026: 3.93 %May 2026June 2026July 20263.93 %
3 official observations, May 2026 → July 2026. Every point is a published value — never interpolated.
Rank
#18 of 25
lower is better
Ranked behind
28 %
7 of 25 countries
Latest move
▼ 0.02 pp
since June 2026
Below its peak
0.02 pp
peak 3.95 % in June 2026
Full series
unchanged
since May 2026

In Europe: #18 of 24vs median 3.54 %: +0.39 pp (worse)

Among 25 countries

1 of 25 countries between 1.94 % and 2.09 %1 of 25 countries between 2.70 % and 2.85 %3 of 25 countries between 2.85 % and 3.01 %5 of 25 countries between 3.16 % and 3.31 %4 of 25 countries between 3.46 % and 3.62 %2 of 25 countries between 3.62 % and 3.77 %1 of 25 countries between 3.77 % and 3.92 %2 of 25 countries between 3.92 % and 4.07 %1 of 25 countries between 4.07 % and 4.23 %2 of 25 countries between 4.23 % and 4.38 %1 of 25 countries between 4.84 % and 4.99 %2 of 25 countries between 5.45 % and 5.60 %median 3.54 %Germany: ahead of 28 % of the 25 countries with a published mortgage rateGermany 3.93 %1.94 %5.60 %
Half of all 25 countries sit between 3.18 % and 3.98 %. Germany is ahead of 28 % of them. Axis trimmed to the 2nd–98th percentile; 1 value beyond it sits in the end bars.

The neighbourhood

#CountryMortgage ratevs Germany
16 Slovakia3.70 %−0.23 pp
17 Netherlands3.85 %−0.08 pp
18 Germany3.93 %—
19 Denmark3.98 %+0.05 pp
20 Lithuania4.11 %+0.18 pp

Interest rate on new home loans, from each country’s official statistics.

How to read this figure

The average interest rate on NEW home loans as reported by the official statistics of each country (ECB MIR for the euro area, Freddie Mac via FRED for the US, SSB for Norway) — not teaser offers, not renegotiations. Your own offer will differ with equity, term and bank.

Next, about Germany

House price growthInflation rateAverage monthly salary
Mortgage rates, all countries ranked →Compare Germany with another country →Everything about Germany →
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