Mortgage Calculator for Spain
Quickly estimate your monthly payments, the total loan cost, and the amount of interest.
Loan Simulation Form
Why use this calculator?
Our calculator helps you evaluate the total cost of your mortgage in Spain and anticipate your monthly payments. It gives you a clear vision of your budget before approaching a bank or mortgage broker.
How does the calculation work?
- Loan Amount: The total sum financed by the mortgage.
- Interest Rate: The fixed or variable rate offered by the lending institution.
- Term: The total duration of the loan in years.
- Loan Insurance: The annual cost of the optional or mandatory insurance.
Fill in the fields and click "Calculate My Monthly Payments" to get an instant estimate.
💡 How to Get a Mortgage in Spain
Getting a mortgage in Spain typically requires a **down payment between 20% and 30%** of the property price. Spanish banks offer loans to foreigners on the condition of stable income, sometimes with slightly higher rates than for residents.
Prepare your documents in advance: payslips, bank statements, tax returns, and proof of assets. Using a specialized broker can make it easier to obtain a loan suited to your profile.
Good to know: Interest rates in Spain vary depending on the loan term and amount but remain competitive compared to other European countries.
Need personalized assistance?
Each property project is unique. For personalized support and advice tailored to your situation, contact our English-speaking team specializing in Spanish real estate.
Contact Us