German personal loan calculator

PrismPlan’s free German personal loan (Ratenkredit) calculator estimates monthly payments, total interest, and a full amortization schedule in your browser. Optional German features include a start pause and a December payment holiday. Kostenloser Ratenkredit-Rechner für Deutschland.

Open the interactive loan calculator · Property calculator · Home

How a German Ratenkredit works

A Ratenkredit is usually an unsecured installment loan repaid in fixed monthly amounts. Each installment covers interest on the remaining balance first, then principal (classic annuity). Lenders quote a nominal rate (Sollzins) and an effective rate (Effektivzins). Always compare offers using the lender’s official Effektivzins.

Formulas PrismPlan uses

Monthly annuity with rate = Sollzins ÷ 12. Optional processing fee can be added to the financed amount. Start pause and December holiday options adjust when interest accrues or when a payment is skipped. EMI = P × r × (1+r)^n ÷ ((1+r)^n − 1).

Worked example (€10,000)

Illustrative only — not an offer. Assumptions: €10,000 loan, 6.05% Sollzins p.a., 60 months, 0% processing fee, no pauses.

• Monthly payment ≈ €193.56
• Total interest over the term ≈ €1,613.64

Frequently asked questions

How much interest will I pay on a €10,000 loan in Germany?

It depends on rate and term. The worked example above is a planning illustration only; replace the rate with your real offer’s Sollzins/Effektivzins.

Does using this calculator affect my SCHUFA score?

No. Only a formal credit application or hard inquiry with a bank can affect your credit record.

Is PrismPlan a bank?

No. PrismPlan is a free planning calculator. No loan is offered or arranged through this page.