€1,500,000 Property Transfer Tax & Mortgage in Lower Saxony (2026)
Purchasing a €1,500,000 residential property in Lower Saxony, Germany incurs €75,000 in Grunderwerbsteuer (Niedersachsen: 5.0%) plus €30,000 in notary and land registry fees. With a 20% deposit (€300,000) and a 25-year mortgage at 3.68%, your monthly payment is €6,124/month.
Monthly Mortgage (25Y)
€6,124/mo
Loan: €1,200,000 @ 3.68%
Property Transfer Tax
€75,000
Grunderwerbsteuer (Niedersachsen: 5.0%)
Notary & Registry
€30,000
Total Closing: €105,000
Total Cash Needed
€405,000
20% Deposit + Closing Tax
Complete Closing Cost & Mortgage Amortization Table
| Property Purchase Price | €1,500,000 |
| Grunderwerbsteuer (Niedersachsen: 5.0%) (5.00%) | €75,000 |
| Notary & Land Registry Fees | €30,000 |
| Total Non-Recoverable Closing Costs | €105,000 |
| 20% Down Payment (Deposit) | €300,000 |
| Total Upfront Cash Required at Closing | €405,000 |
| Mortgage Principal Financed (80% LTV) | €1,200,000 |
| Monthly Principal & Interest (25 Years @ 3.68%) | €6,123.95 / month |
| Total Interest Over 25 Years | €637,184 |