This mortgage calculator allows you to determine the approximate financial implications of the variables in a mortgage agreement. Here you can calculate your monthly mortgage payments based on the property price, deposit, interest rate, and repayment term.
Property price | ||
How much do you want to borrow? | ||
Normally, banks can offer 50% mortgage for non-residents | ||
Annual interest | ||
The current average interest rate for mortgages in Spain is 3% | ||
Repayment term | ||
The most common mortgage term is 20 years | ||
Monthly payments |