Guide to Buying Property in Germany

A Step By Step Guide For Expats Buying German Property

Step 1

Reserve your unit/identify a property in Germany

Step 2

Talk to IPFG to find your German mortgage option

TOP TIP: German mortgage offers last for 2 years

Step 3

Decide on your budget and chosen mortgage option

Step 4

Instruct IPFG’s services(Pay broker Fee 1)

Step 5

Submit documents to IPFG’s co-ordination team

TOP TIP: We can help you source a translator if German is not your first language

Step 6

Submit additional documents to your co-ordinator

Step 7

Organise Funds

Step 8

The lender will issue a formal mortgage offer (Pay Broker Fee 2)

TOP TIP: Take advantage of our FX service and GET A FREE quote

Step 9

Sign your mortgage application forms and submit to lender

Step 10

Submit full mortgage application to lender

TOP TIP: Ensure you have a German bank account set up. We can help with this.

Step 11

Set up relevant insurance & protection ready for ownership

Step 12

Instruct your mortgage advisor to draw down the funds

TOP TIP: We can quote for life cover

Step 13

Proceed with handover & completion

Step 14

Pick up the keys to your new German property

Get a Quote

Mortgage Calculator

Purchase price
Please enter here the amount you expect to pay for a home.
Enter a value
Down payment
Down payment is cash that you pay upfront for your home.
Enter a value
Term in years
Number of years you have to pay.
Enter a value
Interest rate (per year)
The percentage of interest that you will pay on your mortgage for a specific term.
Enter a value
Property tax
Enter your property tax here if you know it.
per year
Enter a value
Home insurance
Most lenders require home insurance. Enter its price here.
per year
Enter a value
PMI is Private Mortgage Insurance which is usually required to pay if your Down payment less than 20%.
per month
Enter a value

Your total monthly payment


Principal & Interest: £
Interest Only Amount: £


Your property may be repossessed if you do not keep up your repayments on your mortgage. A fee will be payable for arranging your mortgage. Your dedicated IPFG Consultant will confirm the amount as this differs from country to country, this will be agreed before you choose to proceed.