Re: Amortisation when calculating mortage.
1. Amortisation is the principal amount that you owe back to the bank. Which means the payback from 80% amount that was mortgaged to you by the bank. The idea is that 14% of this 80% is paid in the first 15 years of mortgage. The bank setups the value based on your income, assets etc.
2. You are right on the nebenkosten part. The bank figure is just an average (I guess they put 1% by default). If it is a house, it depends on how much you spend. If it is part of a society (multiple apartments or houses which have lift, parking garage etc.), it is the collective cost. It varies from property to property .
I hope that helps
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