Interest rates in Cologne
0.92%
RATE TYPE
5 years
Fixed
10 years
Fixed
15 years
Fixed
20 years
Fixed
30 years
Fixed
INTEREST RATE
0.92%
1.15%
1.65%
1.90%
2.30%
MONTHLY RATE
756 €
815 €
945 €
1,009 €
1,113 €
Mortgage calculator for Cologne
500,000
Loan amount
699
Monthly repayment
What is the purchase price?
500,000 €
What down payment do you want to make?
20,000 €
Calculate mortgage

Cologne – Growing demand & attractive yields

Overview
Market trends & outlook

Located along the Rhine river, Cologne offers its residents beautiful cathedrals and architecture, diverse and fantastic cultural activities and internationally renowned museums. The Cologne Cathedral, UNESCO world heritage and the most visited historical monument of Germany, acts as magnet for visitors. Not only is Cologne known for being a major cultural centre, but it has also positioned itself as the centre for trade and commerce.

With a population of over 1 million, Cologne is Germany's fourth largest city and the largest city in the state of North Rhine Westphalia. A total of 17 million people live within its 100-kilometer radius, which makes it one of the largest hubs in Europe. Cologne saw a strong population increase between 2014 and 2016, mostly driven by inward migration.

Cologne is a cosmopolitan city, where around 175,000 people (which accounts for 1/5 of its total population) come from more than 180 countries to live, study and work. The strong and flourishing economy has also attracted more than 10,000 foreign companies to set up their business. They have been benefited from the optimal local conditions and are contributing to the city's rapid economic development and high employment growth.

Cologne

How prices are growing in
major German cities?

Germany's strong economic growth has resulted in price increases across German cities: On average the prices doubled in the last 10 years. Rents also follow the house price development in Germany: the average increase amounts to 50% between 2008 ad 2018.

In Cologne, the average annual property prices per square meter has increased from 2.300€ in 2008 to 4.830€ in 2018. Meanwhile, the average rent prices per square meter also increased 9,75€ from in 2008 to 14,00€ in 2018.

VIEW RENTAL PRICES
VIEW ASKING PRICES
Apartment rental prices ’08-18’ (Euro/sqm/month)
Year 2018
Year 2008
rental-prices-08-17-cologne
n = 55,600 rented apartments from 80 to 120 sqm. that were inserted in immowelt.de in the first half of 2008 and 2018. Source: Statista and TheLocal 2018

About us

LoanLink is a German mortgage broker that specializes in helping international clients in Germany get mortgage that fits their personal and financial circumstances. If you want to purchase a property in Cologne, we can guide you through every step of the process. Our highly professional mortgage broker team in Cologne provides excellent advices in English, Chinese, Russian and German. Moreover, we leverage advanced algorithm technology to find the best mortgage deal from over 400 regional and global German banks.

Our smart online mortgage platform is available round the clock to help you with the German mortgage process. And our mortgage calculator shows a complete picture of what your mortgage might look like. To make the process easy for non-German speakers, all resources are in English, Chinese, Russian and German. Best of all, we do not charge our customers any fees.

LoanLink is registered and controlled by the surveillance authority in Cologne.

Best interest rates

Our algorithm scans mortgages from more than 400
partner banks to find the best deal possible for you

Professional advice

Our experts are specialized to advise non-German residents,
are certified mortgage brokers and are fluent in English

Low cost

We don’t charge you any fees. Since we are independent
of single banks, we focus on finding the best offer available

Working in Germany?
Do you live and pay taxes in Germany? Are you an expat or long-term resident? You may be eligible for German mortgage products from 400+ banks. And if you have a EU Blue Card, you may be eligible for a German mortgage from many of our partner banks.
Not working in Germany?
Do you live and work abroad, but want to buy property in Cologne? As a Cologne specialized mortgage broker, we offer competitive financing options from our partner banks for a non-resident home loan.

Got a question or a complex situation?

Our friendly home loan experts are happy to support you in finding a mortgage in Cologne. Call us on +49 (0) 30 5683 7535 or email us at [email protected]

Başar Canıperk
Başar Canıperk
Real estate specialist
Jan Joisten
Jan Joisten
Mortgage expert
Stefan Koeppen
Stefan Koeppen
Mortgage expert
Başar Canıperk
Başar Canıperk
Real estate specialist
Jan Joisten
Jan Joisten
Mortgage expert
Başar Canıperk
Başar Canıperk
Real estate specialist
Jan Joisten
Jan Joisten
Mortgage expert
Stefan Koeppen
Stefan Koeppen
Mortgage expert
Başar Canıperk
Başar Canıperk
Real estate specialist
Jan Joisten
Jan Joisten
Mortgage expert

How it works

1. Calculate
Learn how much you can borrow
2. Get a quick idea
Our algorithm immediately evaluates if you qualify for a loan and gives you an overview of what your mortgage could look like
3. Speak to an expert
A Cologne mortgage broker will guide you through the German mortgage process, explain requirements and recommend the most suitable option
4. Secure your mortgage
Relax while we close your mortgage with the lender, keeping you informed every step of the way
German Mortgage Calculators
Our mortgage calculators combined our financial expertise with latest technology to suit all your needs. Not only is it more user-friendly, but it also provides you an accurate estimate of mortgage repayment, rates and costs.
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More information on mortgages in Germany

Can’t find what you’re looking for here? We’ve got more answers on our FAQs page.

The LoanLink guide to buying
property in Germany
Download PDF

What Documents Do You Need to Apply For a Mortgage?

Questions? See the answers on our FAQs

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