€300,000 mortgage
Calculate the monthly payment, total interest, and amortization table for a €300,000 mortgage, using the same data you'd use for your own mortgage.
Results
Monthly payment
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Total paid
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Total interest
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LTV ratio (loan/value)
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The monthly payment is calculated with the French amortization system: payment = C · [ i (1+i)^n ] / [ (1+i)^n - 1 ], where C is the loan amount, i is the monthly interest rate and n the number of payments.
Outstanding balance over time
Amortization schedule
| Periodo | Cuota | Interés | Capital | Pendiente |
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When should you use this calculator?
This page is useful if you're specifically looking for how much you'd pay on a €300,000 mortgage, a common amount in areas where housing is more expensive. The fields are pre-filled with €300,000 and no down payment, but you can change any value to fit your own situation.
Practical example
For €300,000 repaid over 25 years at a 3% fixed rate, the monthly payment is €1,422.63, with total interest of €126,790.18 over the life of the loan (total paid: €426,790.18). Change the term or the rate in the calculator to see how your specific case varies.
Practical tips
For a mortgage of this size, banks require a higher income than for smaller mortgages (the usual rule that the payment shouldn't exceed 30-35% of net income still applies), and it's worth comparing the APR carefully across lenders, since the fee difference on such a large amount can add up to several thousand euros.
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Frequently asked questions
Is €300,000 the property's price or the loan amount?
In this calculator, €300,000 is the loan amount. If you put down a deposit, the property's price would be higher than those €300,000.
How much do I need to earn to get a €300,000 mortgage?
With a payment of around €1,420/month (over 25 years at 3%), and applying the usual rule that the payment shouldn't exceed 30-35% of net income, this suggests a net monthly income of roughly €4,050-€4,730, though each lender applies its own criteria.
Is a longer term better for a mortgage of this size?
A longer term lowers the monthly payment but increases the total interest paid. With a large amount like €300,000, that difference in euros can be considerable — compare several terms in the calculator before deciding.
Can I simulate this mortgage at a variable rate?
Yes, select "Variable" as the interest type to enter the spread over the reference rate; the calculator uses the live 12-month Euribor value as a starting point.