What happens after the interest-only period?

From the first month after the free period, repayment works like an annuity loan with your chosen initial repayment.

Why an interest-only start?

Banks often offer interest-only phases for new builds or lower payments early on. Principal stays unchanged during the phase.

Loan amount or purchase price?

Enter the loan amount directly. Use the mortgage calculator for purchase and closing costs.

Yes — monthly interest and repayment like Leverage, not quarterly.

Yes — the address bar link holds your inputs (Copy link button).

100% free

Interest-only period calculator

Simulate a loan with an initial interest-only period, then annuity repayment.

Loan amount

€

Outstanding loan or principal — not purchase price minus equity.

Annual interest rate (nominal)

Fixed-rate period

years

Interest-only months

months

Repayment

Initial repayment (%)

Monthly payment

€333.33

Total interest€36,376.42

Remaining debt after fixed period€78,376.42

Schedule over fixed-rate period

Month	Interest	Repayment	Remaining debt
1	€333.33	€0.00	€100,000.00
2	€333.33	€0.00	€100,000.00
3	€333.33	€0.00	€100,000.00
4	€333.33	€0.00	€100,000.00
5	€333.33	€0.00	€100,000.00
6	€333.33	€0.00	€100,000.00
7	€333.33	€0.00	€100,000.00
8	€333.33	€0.00	€100,000.00
9	€333.33	€0.00	€100,000.00
10	€333.33	€0.00	€100,000.00
11	€333.33	€0.00	€100,000.00
12	€333.33	€0.00	€100,000.00

Showing 12 of 343 months (includes fixed-period end).

Calculations are indicative only and do not constitute a financing offer. No guarantee of accuracy. This tool does not replace professional legal, tax, or financial advice.

Guide