Mortgage loan simulation in Spain
How does your mortgage progress out of a property purchase in Spain? Pedro will show you!
So what can you expect from your monthly repayment if you take out a mortgage in Spain? Unfortunately, that depends on a lot of variables. But Pedro obviously doesn't want to deprive you of information either. That's why you'll find a handy mortgage simulation for a property in Spain with us. However, do you want the full picture? Then we have a full calculation for you!
How does a mortgage simulation work?
With a mortgage, you want to know what your monthly costs will be and over what period the repayments will run. A simulation can help you get a rough idea of this. Based on a few details, you get a general idea of these data. Our simulator is in English, and you can adapt it to your criteria in Spain:
You need to specifically adapt the simulator to the requirements of Spanish banks.
So fill in the following details properly:
- Currency in EUR
- Mortgage Amount = 70% of the purchase price of your desired property
- Interest Rate = the Euribor 12 months rate + 1.5%
- Interest term = 25 years, unless you are over 50. In that case, do 75 minus your age.
Fill in your details below:
Prefer a really good mortgage calculation? Then let Pedro help you with a tailor-made mortgage indication
Calculate your maximum mortgage in Spain
Through holapedro, you can perform a customised calculation via AI to find out your maximum financing. We test you on all possible variables and you will receive a sophisticated mortgage simulation. This way, you will know your mortgage options in Spain within 20 minutes!
Or rather first ?
How much will my monthly expenses be in Spain?
Want to know more about financing in Spain?
What is the maximum mortgage financing in Spain?
How much is your maximum financing for a purchase in Spain. You can read here how the amount of financing in Spain through banks is established and how to calculate it yourself!
