Rückzahlungskosten

Rückzahlungskosten, often translated as repayment costs or early repayment fees, are charges incurred when a borrower repays a loan or mortgage before the scheduled maturity date. These costs are typically associated with fixed-interest loans where the lender has secured a certain rate of return over a specified period. When a loan is paid off early, the lender may not be able to reinvest the repaid principal at the same favorable interest rate, leading to a potential loss of anticipated profit. Rückzahlungskosten aim to compensate the lender for this loss.

The specific calculation and applicability of Rückzahlungskosten vary significantly depending on the type of loan, the lender's policy, and national or regional regulations. In many jurisdictions, there are legal limits on the amount that can be charged as Rückzahlungskosten, particularly for consumer loans and mortgages. For instance, consumer protection laws often stipulate that these fees should not exceed a certain percentage of the outstanding loan amount or the interest that would have been paid over a specific future period.

The presence and amount of Rückzahlungskosten can influence a borrower's decision to refinance or pay off a loan early. Borrowers should carefully review their loan agreements to understand the terms related to early repayment and any associated costs. In some cases, especially with variable-rate loans, Rückzahlungskosten may not apply at all, or they may be significantly lower than for fixed-rate loans. It is advisable for borrowers to consult with their lender or a financial advisor to clarify these details before making any early repayment decisions.