Commerzbank review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.

Our verdict

Commerzbank suits German salaried employees and pensioners with a clean Schufa record who want a fixed-rate instalment loan from a bank they already hold an account with. Interest runs at 3.29% to 12.49% on amounts of €1,500 to €100,000, and payout generally lands within a day of approval.

Key facts

Best for
A fixed-rate instalment loan for existing German account holders with salary or pension income.
APR
3.29% to 12.49% (Source, checked September 26, 2026)
Loan amount
€1,500 to €100,000 (Source, checked September 26, 2026)
Term
6 to 119 months (Source, checked September 26, 2026)
Credit check
Hard (Source, checked September 26, 2026)
Funding time
Payout generally within 24 hours after the fully digital application and credit approval (Source, checked September 26, 2026)
Representative example
Ratenkredit legally required representative example: effective annual rate 6.64% p.a., fixed nominal rate 6.45% p.a., term 60 months, net loan amount EUR 10,000, 60 monthly instalments of EUR 195.41, total EUR 11,724.55 (Source, checked September 26, 2026)
Rate type
Fixed (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Free early repayment
Yes (Source, checked September 26, 2026)
Eligibility
At least 18 years old, fixed residence in Germany, current account at a German bank receiving salary or pension, statutory credit check with a Schufa report free of negative entries; private purposes only, not for the self-employed (Source, checked September 26, 2026)
Loan types
Personal (Source, checked September 26, 2026)
Legal entity
Commerzbank Aktiengesellschaft (Source, checked September 26, 2026)
Headquarters
Germany (Source, checked September 26, 2026)
Founded
1870 (Source, checked September 26, 2026)
Support channels
Email, Phone, Help-centre (Source, checked September 26, 2026)
Pricing model
Fixed rate
Features
Same-day funding
Official website
commerzbank.de

Mortgages

Initial rate
4.45% (Source, checked September 26, 2026)
APRC
4.54% (Source, checked September 26, 2026)
Fixed period
10 years (Source, checked September 26, 2026)
Maximum loan to value
60% (Source, checked September 26, 2026)
Purpose
Purchase, Remortgage, Home-equity (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Legal entity
Commerzbank Aktiengesellschaft (Source, checked September 26, 2026)
Headquarters
Germany (Source, checked September 26, 2026)
Founded
1870 (Source, checked September 26, 2026)
Support channels
Email, Phone, Help-centre (Source, checked September 26, 2026)

Apps and profiles

Get the app
App Store
Elsewhere
WikidataLinkedInxing.com

Pros and cons

Pros

  • You deal with a direct lender, so the bank sets the rate and funds the loan with no broker in between.
  • Installments run at 3.29% to 12.49% on a fixed basis, and early repayment is free.
  • Payout generally lands within a day once a fully digital application is approved, and the loan carries same day funding.
  • Property loans open at an initial rate of 4.45% with an APRC of 4.54%, fixed for 10.

Cons

  • The credit check is hard: hard, and eligibility wants a Schufa report free of negative entries.
  • Lending covers private purposes and personal loans only, so the self-employed are excluded.
  • Support runs on email, phone and help centre only.
Commerzbank

Ready to try Commerzbank?

Scored 9.4 / 10 by BorrowCue.

Visit

Who it suits

  • Adults living in Germany permanently whose salary or pension is paid into a current account at a German bank.
  • Borrowers happy with one fixed rate for the whole term who can clear the balance early at no extra cost.
  • Homebuyers and remortgagers who can live with a maximum loan to value of 60%.

Who should look elsewhere

  • Self-employed applicants, as the instalment loan is for private purposes only.
  • Borrowers chasing the lowest headline rate: Cashspace ES shows 0% and Monzo Flex 10% to 23%, but neither is a German bank loan for residents here.

How your money is protected

Commerzbank is a direct lender, so the money comes straight from the bank rather than a broker panel, and it is supervised by the Bundesanstalt fur Finanzdienstleistungsaufsicht (BaFin) under BAK Nr. 100005. For the instalment loan it also publishes the legally required representative example, showing the effective annual rate, the fixed nominal rate, the term, the net amount borrowed, the monthly instalment and the total repaid.

How Commerzbank compares

Where Commerzbank is available

Available
Germany
Licence in Germany
Bundesanstalt fur Finanzdienstleistungsaufsicht (BaFin) (BAK Nr. 100005), checked September 26, 2026
Licence in Germany
Europaische Zentralbank (ECB), checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What interest rate do I pay on a Commerzbank instalment loan?+

The instalment loan is fixed-rate, so fixed rates of 3.29% to 12.49% apply for the whole term. The legally required representative example also sets out the effective annual rate, the nominal rate, the term, the net amount borrowed, the monthly instalment and the total repaid, which makes the real cost easy to check before applying.

How much can I borrow, and over what term?+

Amounts run €1,500 to €100,000 on the instalment loan, and the term runs 6 to 119. You repay in fixed monthly instalments, so a longer term lowers each payment but raises the total repaid, while a shorter term does the opposite.

What credit check do I need to pass?+

The credit check is hard: hard. Eligibility also calls for a statutory credit check with a Schufa report free of negative entries, so recorded defaults or late payments can rule you out. Check your file before you apply rather than after a refusal.

Who can apply for the instalment loan?+

Applicants must be adults with a fixed residence in Germany, and your salary or pension has to arrive in a current account at a German bank. Lending covers personal loans for private purposes only, so the self-employed cannot apply, and a Schufa report free of negative entries is required.

How quickly is the money paid out?+

Payout generally lands within a day of a fully digital application and credit approval, and the loan carries same day funding. That speed depends on the application and the decision both being complete and digital, so gather your documents before you start the form.

Can I repay the loan early without charge?+

Yes, early repayment is free on the instalment loan, so clearing the balance ahead of schedule carries no extra cost. With a fixed rate, paying early removes the interest that would have built up on the rest of the term, which is worth weighing against any early settlement terms in your own situation.

What do the property loans cost?+

Property lending opens at an initial rate of 4.45% with an APRC of 4.54%, and the rate is held for 10. Borrowing is capped at a maximum loan to value of 60%, and the stated purposes are purchase, remortgage and home equity.

Who supervises the bank?+

The lender is a direct lender rather than a broker, and the legal entity is Commerzbank Aktiengesellschaft, founded 1870 and headquartered in Germany. It is supervised by the Bundesanstalt fur Finanzdienstleistungsaufsicht (BaFin) under BAK Nr. 100005.

Sources

  • en.wikipedia.org/wiki/Commerzbank checked September 26, 2026

    Backs: Founded

    “Commerz- und Diskonto-Bank was founded on 26 February 1870 by Theodor Wille in Hamburg”

  • commerzbank.de/hinweise/impressum checked September 26, 2026

    Backs: Headquarters, Legal entity, Support channels, Licences

    “Geschaftsraume: Kaiserplatz, 60311 Frankfurt am Main”

  • commerzbank.de/privatkunden/immobilienkredite/baufinanzie... checked September 26, 2026

    Backs: APRC, Fixed period, Initial rate, Maximum loan to value, Purpose

    “Effective annual interest 4.54% p.a., fixed nominal interest 4.45% p.a., term/interest fixation 10 years”

  • commerzbank.de/privatkunden/kredite/ratenkredit checked September 26, 2026

    Backs: Loan amount, APR, Credit check, Eligibility, Features, Free early repayment, Funding time, Lender type, Loan types, Pricing model, Rate type, Representative example, Term

    “Nettodarlehensbetrage: Minimum 1.500 EUR, Maximum bis 100.000,00 EUR”

Compiled from 4 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Arrangement fee.

Commerzbank

Commerzbank

A fixed-rate instalment loan for existing German account holders with salary or pension income.

9.4/10Visit

Your cookie choices

We use necessary cookies to make this site work. With your permission, analytics cookies help us understand usage and marketing cookies support advertising.

You can reject non-essential cookies and still use the site. Change your choices anytime in Cookie settings.

Cookie policy
Cookie settings