David Chen is a Certified Financial Analyst with over 10 years of experience in European mortgage markets and French amortisation rules.
Use this free France mortgage calculator to estimate monthly payments, total interest and French-style amortisation under typical French bank terms (fixed-rate “prêt à taux fixe”).
France Mortgage Calculator
French Mortgage Formula
Monthly Payment: M = P × [ r(1+r)^n ] / [ (1+r)^n – 1 ]
Total Interest: (M × n) – P
Formula Sources: Banque de France | MeilleurTaux
Variables
- P: Net loan after French down-payment (minimum 10-15%).
- r: Monthly rate (annual nominal rate ÷ 12).
- n: Total monthly instalments (years × 12).
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- French Mortgage Insurance Cost Tool
What Is a France Mortgage Calculator?
French banks typically offer fixed-rate loans up to 80% of purchase price with terms of 7-25 years. This calculator uses the classic amortisation formula matching Excel PMT to give you monthly payments in euros and total interest cost under French market conditions.
How to Calculate French Mortgage (Example)
- Enter the property price (e.g., €350,000).
- Input your down-payment (minimum 15% for non-residents).
- Set the term (common French fixe = 20 years).
- Insert the bank’s nominal rate (e.g., 2.95%) and click “Calculate”.
Frequently Asked Questions (FAQ)
Do French loans include insurance? Yes—add about 0.30% per year to the rate for borrower insurance (not included in this widget).
Can foreigners get French mortgages? Absolutely; 15-20% down-payment and proof of income are standard.
Are early repayments allowed? Yes, partial or full redemption is possible with modest penalties (6 months interest on repaid capital).
Is the rate fixed for the full term? For “prêt à taux fixe” yes—payments never change, making budgeting easy.