For a mortgage loan of €100,000 at 3% over 25 years, here are the main details:
Monthly payment (excluding insurance):
• Approximately €474.21 / month
Total cost of interest (excluding insurance):
• Approximately €42,263
Total cost of the loan:
• €142,263
These figures are calculated with a fixed nominal rate of 3% over 25 years (300 months) and do not take into account borrower insurance 😅