Mortgage rates in Germany
Home loans fixed for 5 to 10 years averaged 3.91 % in September 2026 (provisional). Every fixed period, month by month since 2003.
By how long the rate is fixed
| Fixed for | Sep 2026 | A year before |
|---|---|---|
| Variable, or up to 1 year | 4.51 % | 4.16 % (+0.35) |
| Over 1, up to 5 years | 4.03 % | 3.58 % (+0.45) |
| Over 5, up to 10 years | 3.91 % | 3.60 % (+0.31) |
| Over 10 years | 4.13 % | 3.79 % (+0.34) |
Since then, the yield on mortgage Pfandbriefe, which leads these averages, has fallen by 0.17 points (to 3.77 % on 2 November), so offers today may sit a little below it.
Averages of the new home loans actually signed in Germany, weighted by size and without fees, so advertised offers usually sit a little above them. Your own rate turns on your figures, such as how much you borrow against the value. Source: Deutsche Bundesbank.
What these figures are
Loans actually signed. Not advertised offers.
The Bundesbank averages the rates on the new home loans banks in Germany agree each month, weighted by their size and without fees. Advertised offers usually sit a little above them.
By how long the rate is fixed. The usual 10-year loan counts in "over 5, up to 10 years".
Each band includes its upper end. A longer fixed period usually costs a little more, and buys certainty for longer.
Your own rate. It turns on your figures.
How much you borrow against the value, your income and the property all move it, so offers for you can sit above or below the average.
Every month. The newest month is provisional.
The Bundesbank publishes each month's figures a few weeks after it ends, and may revise the month before. We take them as published, every day.
What would you pay?
Work out your budget and payment, compare the offers you have, or have a financing expert compare lenders for you.