Home > Salary > Germany > Loan Servicing Representative
A loan servicing representative is responsible for managing the administrative tasks related to loan accounts. They ensure accurate and timely processing of loan payments, maintain customer records, and handle inquiries and concerns from borrowers. Their duties include updating loan information, generating statements, and resolving any issues that may arise during the loan repayment process. Loan servicing representatives also work closely with other departments such as collections, underwriting, and customer service to provide comprehensive support to borrowers. They must have strong communication skills to effectively interact with customers and provide excellent customer service. Attention to detail is crucial in this role, as loan servicing representatives need to accurately document loan transactions and maintain organized records. This occupation requires knowledge of loan products and regulations, as well as proficiency in using loan servicing software and systems.
Estimated Yearly Salary: 37,340 EUR
Estimated Monthly Salary: 3,112 EUR
Estimated Weekly Salary: 718 EUR per week
Estimated Hourly Salary: 18 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 3,007 EUR
Estimated Weekly Salary: 694 EUR per week
Estimated Hourly Salary: 17 EUR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 37,246 USD
Estimated Monthly Salary: 3,104 USD
Estimated Weekly Salary: 716 USD per week
Estimated Hourly Salary: 18 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
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Estimated Yearly Salary: 37,340 EUR
Estimated Monthly Salary: 3,112 EUR
Estimated Weekly Salary: 718 EUR per week
Estimated Hourly Salary: 18 EUR per hour
By working as Loan Servicing Representative a person can save up to 968 USD per month or 11,619 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Germany, see costs of living in Germany.
Estimated Yearly Salary for Loan Servicing Representative
Last revision of data: 2025-01-04
Data as of 2025
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Loan Servicing Representative salary in Germany
Average Yearly Salary of Loan Servicing Representative in Germany is approximately 37,340 EUR (37,246 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Loan Servicing Representative do?

Skills: Loan servicing, Customer service, Loan management, Financial services, Administrative support, Loan processing
Job industry: Finance
Job industry: Finance
How much does Loan Servicing Representative make?
Salary details
How much does Loan Servicing Representative make?Estimated Yearly Salary: 37,340 EUR
Estimated Monthly Salary: 3,112 EUR
Estimated Weekly Salary: 718 EUR per week
Estimated Hourly Salary: 18 EUR per hour
Comparing salary to last year:
Estimated Yearly Salary: 36,081 EUREstimated Monthly Salary: 3,007 EUR
Estimated Weekly Salary: 694 EUR per week
Estimated Hourly Salary: 17 EUR per hour
Loan Servicing Representative estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 37,246 USD
Estimated Monthly Salary: 3,104 USD
Estimated Weekly Salary: 716 USD per week
Estimated Hourly Salary: 18 USD per hour
Difference in salary year over year or average salary increase is approximately
About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Germany, located in Central Europe, is a country known for its rich history, diverse culture, and strong economy. With a population of approximately 83 million people, it is the most populous country in the European Union. Germany covers an area of around 357,022 square kilometers, making it the seventh-largest country in Europe.
Estimated national average yearly salary is 48,585 EUR (53,390 USD). Value indicated is pre-tax. Below graph shows estimated Loan Servicing Representative job salary compared to average salary in Germany.
Comparison shows that a person working as Loan Servicing Representative in Germany earns on average:
0.77 times the average salary (or 77% of average salary).
Estimated national average yearly salary is 48,585 EUR (53,390 USD). Value indicated is pre-tax. Below graph shows estimated Loan Servicing Representative job salary compared to average salary in Germany.
Comparison shows that a person working as Loan Servicing Representative in Germany earns on average:
0.77 times the average salary (or 77% of average salary).
Is Loan Servicing Representative a well paid job?
No, our data shows that Loan Servicing Representative is typically not a well-paid job. The salary varies based on experience. Meaning that even though Loan Servicing Representative might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Loan Servicing Representative?
High salary for Loan Servicing Representative would be somewhere between 41,074 EUR and 54,143 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Loan Servicing Representative in Germany?
Living in Germany the approximate monthly expenses are: 2,136 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 37,340 EUR
Estimated Monthly Salary: 3,112 EUR
Estimated Weekly Salary: 718 EUR per week
Estimated Hourly Salary: 18 EUR per hour
By working as Loan Servicing Representative a person can save up to 968 USD per month or 11,619 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Germany, see costs of living in Germany.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Austria, Belgium, Czech Republic, Denmark, France, Luxembourg, Netherlands, Poland, Switzerland. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Loan Servicing Representative
Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
- 6 to 10 years of experience yields
- 11 to 15 years of experience yields
- 16 to 25 years of experience yields
- more than 25 years of experience yields
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Random salary:
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Sr. pricing analyst (83,463 EUR per year, pre-tax.)
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