Mortgage calculator

Whether you can afford a new house or apartment and take out a mortgage with us depends on the following factors: 

1. What is the price of the place you want to buy?
2. How much do you have for a down payment on the house?
3. What is the annual income of your household?

After you enter all these parameters and your age and click on “calculate affordability,” you will be shown a rundown of your financing situation. The green bar means you can easily afford the house. The blue bar means we would be happy to discuss the feasibility of financing with you. 

The overview gives you an affordability analysis. 

• The theoretical interest rate shows you what interest rates were used to calculate affordability. It’s important to note that these interest rates are not the rates that are used for your mortgage.
• The monthly installment includes the costs of the mortgage each month.
• The amortization shows how much you have to pay each month to pay down the mortgage amount.
• Additional costs and maintenance show you how much you should budget for these expenses every month. 
• The monthly payment shows you how much your home will cost you given the conditions you entered (monthly installment plus amortization plus additional costs / maintenance). 
• The annual payment is the sum of the monthly costs for one year. 
• The debt to income ratio shows you the percentage of the gross income you entered that is spent on yearly debt payments. This should not be higher than 33 percent.