Mortgage calculator
Approximate monthly payment from price, deposit, term and rate. Remember to add the buying costs, which are not financed.
Approximate monthly payment€675/month
- Deposit
- €40,000
- Loan amount
- €160,000
- Total interest
- €82,844
Indicative calculation with fixed repayments (French amortisation). It excludes insurance, fees and buying costs and is not a mortgage offer. Spanish banks usually lend up to 80% of the appraised value (often less for non-residents).
Frequently asked questions
How much will a Spanish bank lend?
Usually up to 80% of the appraised value or the purchase price (whichever is lower), often less for non-residents. The buyer covers the rest plus the costs.
What is a reasonable payment?
As a guide, the payment should not exceed a third of the household's net monthly income.