Monthly payment, true cost (effective annual rate (Effektivzinssatz)), fixed or variable rate risk and how much you can afford, with the rules that apply in Austria.
Quick answerIn Austria, a mortgage of 300,000 EUR over 25 years at 4% costs about 1,583.51 EUR per month. You pay 175,053 EUR in interest over the term. Always compare offers by the effective annual rate (Effektivzinssatz), not only by the interest rate.
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PrincipalInterestFees
If the interest rate rises
Repayment by year
Popular questions
How much will my monthly loan payment be in Austria?
For a mortgage of 300,000 EUR over 25 years at 4%, the monthly payment is about 1,583.51 EUR. Change the amount, term and rate in the calculator above to see your own payment.
What is the effective annual rate (Effektivzinssatz) and why is it higher than the interest rate?
The effective annual rate (Effektivzinssatz) includes fees and required costs on top of interest. In our example with typical fees the effective annual rate (Effektivzinssatz) is 4.17% while the nominal rate is 4%. Compare loans by the effective annual rate (Effektivzinssatz) and by the total amount you repay.
Fixed or variable rate: which is better in Austria?
Variable loans in Austria usually follow the 3 or 6 month Euribor, about 2.6% to 3% in October 2026. Because the gap to fixed rates is small, many borrowers now choose 10 to 20 years fixed. If rates rose by 2 points, the payment in our example would go up to 1,932.90 EUR. A fixed rate protects you from that risk, a variable rate can be cheaper when rates fall.
How much can I borrow in Austria?
The FMA guideline expects total loan payments up to 40% of net income, a loan up to 90% of the property value and a term up to 35 years. Banks often apply stricter limits in practice. Enter your income to check your ratio.
Loans in Austria right now
In Austria variable-rate mortgages were long the norm, but fixed rates for 10 to 20 years are now just as common. The strict KIM regulation expired in June 2025, and the Financial Market Authority (FMA) now relies on a guideline: loans up to 90% of the property value, payments up to 40% of net income and terms up to 35 years.
Variable mortgages cost about 3.4% and 20 year fixed mortgages about 3.94% in 2026.
FMA guideline: LTV up to 90%, debt service up to 40% of net income, term up to 35 years.
Early repayment of a fixed-rate mortgage costs at most 1% of the repaid amount. Variable-rate loans can be repaid without a fee.
Typical one-off costs are a processing fee of 1% to 2%, the 1.2% mortgage registration fee and valuation costs.
Understand your loan before you sign
1
What the effective annual rate (Effektivzinssatz) tells you
The nominal interest rate only covers interest. The effective annual rate (Effektivzinssatz) adds the fees and costs you must pay to get the loan, such as processing fees, account fees and required insurance, and turns everything into one yearly percentage. Two loans with the same interest rate can have very different effective annual rate (Effektivzinssatz). When you compare offers for the same amount and term, the lower effective annual rate (Effektivzinssatz) is usually the cheaper loan.
2
Fixed or variable rate
A fixed rate keeps your payment the same for an agreed period, so you know exactly what you pay. A variable rate is a reference rate (for example Euribor) plus the bank's margin. It is often lower at the start, but your payment rises when the reference rate rises. Use the stress test above to see your payment if rates go up by 1, 2 or 3 points, and only choose variable if you could still pay that.
3
Equal payments or equal principal
With equal payments (annuity) the monthly amount stays the same, and at the start most of it is interest. With equal principal the first payments are higher but fall every month, and you pay less interest in total. Switch the repayment option in the calculator to see the difference.
4
The full cost of borrowing
Look beyond the monthly payment. Add up interest, upfront fees, monthly account and insurance costs, valuation and notary costs. A longer term lowers the payment but increases the total interest a lot. The line "cost per 100 borrowed" shows how much you pay for every 100 you borrow.
5
Early repayment
Paying off part of the loan early saves interest. Many countries limit what banks may charge for it, and variable-rate loans can often be repaid without a fee. Read the early repayment clause before you sign.
Checklist before you sign
Compare at least three offers for the same amount and term.
Compare the effective annual rate (Effektivzinssatz) and the total amount to repay, not only the interest rate.
Check what happens to a variable rate if the reference rate rises by 2 to 3 points.
Keep your monthly payments well below the affordability limit and keep savings for emergencies.
Ask which insurance is mandatory and how much it costs.
Read the early repayment terms and any fees for changing the loan.
Example payments
Typical mortgage at today's average rate, equal monthly payments, without fees. Interest rate: 4%.
Amount
Term (years)
Monthly payment
Total interest
200,000 EUR
25
1,055.67 EUR
116,702 EUR
300,000 EUR
25
1,583.51 EUR
175,053 EUR
400,000 EUR
30
1,909.66 EUR
287,478 EUR
Frequently asked questions
Can I repay my loan early in Austria?
Yes. For a fixed-rate mortgage the fee is capped at 1% of the repaid amount. Variable-rate loans can be repaid early without a fee.
What interest rates are typical in Austria right now?
In October 2026 variable mortgages in Austria cost about 3.4% and 20 year fixed mortgages about 3.94%. Personal loans are usually 6% to 9%, and the effective rate can be clearly higher because of processing fees.
Is this an official loan offer?
No. It is an educational calculator. Your bank sets the final rate and costs. Use the results to understand and compare offers, and ask for the official pre-contract information before signing.
Sources and disclaimer
This page is educational. Rates are examples based on central bank statistics and published offers in October 2026, and your bank will price your loan individually. Always compare the official offer document (ESIS or standard information form) before you sign.