How many equity capital Should I deposit on a Spanish mortgage?
Required equity for a mortgage in Spain
The maximum financing is 70%, which means you have to put in a minimum of 30% from your own funds. There are also buyer's costs, such as transfer tax and notary fees. An indication of this is 10-14% of the purchase price, these buyer's fees are never co-financed and you need to pay them from your own funds.
Through our tools you can easily calculate the required equity yourself. For more explanation on the costs involved in a purchase, you can read more about the buyer's costs when buying a house.