How much can I borrow?
What a Spanish bank could lend you, and what it buys.
Where are you tax resident?
Spanish banks lend more, for longer, to people who live and pay tax in Spain.
Eight quick questions on income, debts, age and savings. See the monthly payment Spanish banks would accept, the loan that buys, and the highest property price once the deposit and buying costs are covered.
Rates and thresholds checked September 2026. Estimates for guidance only; confirm figures with a lawyer, bank or developer before committing.
Questions people ask
How do Spanish banks work out how much I can borrow?+
Mainly on income. All your debt payments, the new mortgage included, should stay within about 30% to 35% of net monthly income. The bank then caps the loan at a share of the price or valuation, whichever is lower: usually 80% for residents and 60% to 70% for non-residents.
Is there an age limit for a mortgage in Spain?+
There is no legal limit, but most banks want the loan repaid by about 75. Stricter lenders use 70, and a few go to 80. So at 50 you would typically get up to 25 years, and at 60 about 15.
How much deposit do I need to buy in Spain?+
Residents usually need at least 20% of the price plus buying costs; non-residents 30% to 40% plus costs. We suggest budgeting about 13.5% for buying costs on a new build (10% VAT, 1.2% stamp duty, lawyer, notary and registry) and about 10% on a resale (7% transfer tax and the same fees) in Andalucía. Banks do not lend these costs.
What is the longest mortgage term for non-residents?+
Typically 25 years for non-residents, and up to 30 years for residents, always within the age limit. A shorter term means a higher payment, so it lowers the loan your income supports.
Does a broker help non-residents?+
Often, yes. Lending criteria for foreign income, currencies and self-employment vary a lot between Spanish banks, and a broker who places non-resident mortgages knows which ones fit your profile. Many charge a fee, so ask how they are paid before you start.