Mortgage Calculator
Calculate monthly mortgage payments and total cost for your Spanish property
Use this calculator to estimate your monthly mortgage payments for property in Spain. Spanish banks offer mortgages to both residents and non-residents, though terms differ. This tool provides approximate figures — for a binding offer, contact a Spanish mortgage broker.
€
30%
20%90%
3.5%
1.0%10.0%
25 years
5 years30 years
Mortgage-Associated Costs
Bank Arrangement Fee€1,050
Valuation (Tasación)€350
Life Insurance (est.)~€210/yr
Home Insurance (est.)~€300/yr
Total Setup Costs€1,400
Residents can typically borrow up to 80% LTV. Non-residents are usually limited to 60–70%. Variable rates are based on Euribor + bank spread and are reviewed periodically.
Calculation Results
Monthly Payment€1,051
Loan Amount€210,000
Down Payment€90,000
Effective Rate3.50%
Total Cost€315,393
Total Interest Paid€105,393
First Year Breakdown
Interest€7,265
Principal€5,351
Last Year Breakdown
Interest€236
Principal€12,380
These calculations are estimates only. Actual costs may vary depending on individual circumstances, property details, and current regulations. Please consult a qualified professional for accurate figures.