Spanish mortgage calculator
Your monthly payment, deposit and total cost.
Non-residents: typically 60 to 70%.
Non-residents: typically up to 25 years.
Euribor 12M 2.954% (August 2026 average) + spread. Typical spreads 1.00% to 1.80%, non-residents about 0.25 to 0.75 points more.
Optional. Used for the affordability check.
Your estimate
Monthly payment
€2,964
At 4.65% today, moving with Euribor, over 25 years.
Loan
€525,000
70% of the price
Deposit
€225,000
Total interest
€364,260
Deposit + buying costs
€326,000
Buying costs budgeted at about 13.5% (€101,000) on a new build, with a margin
Estimates only. Rates moved after the ECB rate rises of June and September 2026, so check current offers. Banks usually need 6 to 10 weeks to approve a non-resident mortgage. The bank pays the mortgage deed taxes and fees; you pay the valuation and any opening commission your bank charges, which the binding offer (FEIN) states.
For residents and non-residents. Set the price, loan to value, term and rate, and see the monthly payment, deposit and total cost. Variable rates use Euribor 12M at 2.954% (August 2026 average).
Rates and thresholds checked September 2026. Estimates for guidance only; confirm figures with a lawyer, bank or developer before committing.
Questions people ask
How much can a non-resident borrow in Spain?+
Non-residents are typically offered 60% to 70% of the price or valuation, sometimes 75% for strong profiles. Residents usually get up to 80%. Banks also cap the payment at about 30 to 35% of net income.
What is Euribor now?+
The 12-month Euribor averaged 2.954% in August 2026 (Banco de España), up from 2.114% a year earlier and its highest level of the year, after the ECB raised rates in June and September. Variable Spanish mortgages are priced at Euribor plus a spread of about 1.00% to 1.80%.
Fixed or variable?+
Fixed rates of about 3.2% to 4.3% give certainty over 20 to 25 years. Variable loans track Euribor, so payments rise and fall with it. Non-residents typically pay 0.25 to 0.75 points more than residents either way.
How long does a Spanish mortgage take?+
Usually 6 to 10 weeks for a non-resident, and longer when the bank runs enhanced anti-money-laundering checks. Start before you sign a private contract with a completion date.
What costs do I pay on a Spanish mortgage?+
Since 2019 the bank pays the stamp duty, notary, registry and gestoría for the mortgage deed. You pay the valuation, usually €250 to €700, any copies of the deed you ask for, and any opening commission your bank charges. The binding offer (FEIN) states every cost, so compare offers on it.
What is the maximum term for non-residents?+
Typically up to 25 years for non-residents. The calculator lets you test longer terms, but check them with the bank or a broker.