# Rent calculator – Calculate income

Rent calculator – You use the rent calculator to determine the income from renting or leasing. If you own a property or are planning to buy one, you do not necessarily have to use the property yourself. You can also decide to rent it out. The same applies to a plot of land that you own. You have the option of leasing this property to another person.

## Rent calculator: Criteria of the rent amount

You receive money for the rent and lease, which you record as income on your tax return. Depending on your other income, tax payments may be due. The amount is calculated according to your individual tax rate. If you have no other income, you can receive an amount of just over EUR 9,000 a year tax-free in rent and lease. This corresponds to the tax allowance that every citizen can claim. The amount of rent you wish to collect depends on the size of the property you wish to make available. The location of the property also plays an important role.

## Simple calculation with the rent calculator

The rent calculator is a simple and very valuable tool when it comes to calculating the rent and service charges for an apartment or house. You will be asked to provide various details. On the basis of these, a calculation is made, which you can use as a basis for calculating the rent you are asking for.

Enter the address of the property and the size of the apartment or house in the rent calculator. Both pieces of information are required to calculate the most accurate rent possible. The rent calculator includes the current rent index for the region in the calculation, as well as the location of the property and the size of the apartment. You will find out what cold rent you can demand on the free housing market. In principle, you have the right to freely determine the amount of the rent. However, the law of supply and demand applies. You will get a high rent if the area where you want to rent is very popular and if there is a shortage of affordable housing. In rather structurally weak locations, you may not be able to demand the amount output by the rent calculator in reality.

### Calculate service charges with the rent calculator

Not only the rent, but also the expected additional costs can be calculated by the rent calculator.

## Calculator at a glance

### Calculator – Exact planning of the construction financing

Calculators are necessary in relation to construction financing in order to accurately determine the cost of purchasing or renovating a property. A calculator is also used to determine the cost of the loan. The credit costs are composed of the interest and the repayment portion for the current loan amount. The interest plays an important role. Since the term of a real estate loan is usually ten years, the interest payment is spread over a long period. If an offer from a bank is only half a percentage point cheaper in their interest, you can already save several hundred euros a year. This is also due to the high loan amounts, which for most construction financing a six-digit amount. Before taking out a loan, an individual consultation is important. Often the construction financing consists of several pillars and not just a single loan. A building savings contract, equity capital and development loans come before taking out the classic bank loan. The reason for this is that these financings are significantly cheaper than the bank loan in terms of their costs. The calculator helps you to divide the financing into different elements and thus determine the costs with certainty.

### Interest calculator – Construction financing

The interest rates are a very large item in a construction financing. It is recommended that you compare the various offers and conditions well in advance. In this way, you will find out which construction financing is particularly favorable. Since the interest is a very large part of the monthly loan payment, especially in the first years of real estate financing, it is important that you try to save costs.

### Budget Calculator – Equity & Income

Before the purchase of a house, a comprehensive renovation or a new building can be planned, it is very important to determine the available budget. Construction financing is planned over a period of many years. Financing between ten and 25 years is possible. It is important that the financing is planned from the beginning on a secure foundation. The basis for the budget that is available to you for the conclusion of a construction financing is your income.

### Offer comparison calculator – advice & options

The offer comparison calculator is an important tool when it comes to choosing a partner for taking out construction financing. Many builders are dependent on taking out a classic loan at a bank or savings bank, because the funds from the equity, a building savings contract and a subsidized loan are not enough. Although the comparison possibilities of the indication by the Internet are very simple and transparent, many owners trust only in the offer of their house bank.