Spanish banks lend non-residents 60–70% of value, so you bring a 30–40% deposit of your own. Enter price, deposit, rate and term — the calculator returns the monthly payment, total interest and full cost. It defaults to a 35% deposit and a 3.5% rate.
Updated: July 2025
Loan €195,000 with a €105,000 deposit.
Indicative. Excludes bank arrangement fees, valuation and mandatory insurance. Confirm terms with the bank.
A non-resident — EU or not — typically borrows 60–70% of the valuation, so prepare 30–40% of your own cash plus 10–14% for taxes and fees. The bank looks at proven income, credit history and the valuation result. The loan and rate are confirmed after the paperwork is reviewed.
Rates come as fixed (one rate for the whole term) or variable (Euríbor + a margin). Non-resident fixed rates sit around 3–4%, slightly above resident rates. Terms are usually 20–25 years with an age cap: the loan is repaid by around 70–75. Compare the total cost, not just the headline rate.
On a €300,000 price with a 35% deposit the loan is €195,000. At a 3.5% rate over 25 years the monthly payment is about €976 and total interest is roughly €98,000. Raise the deposit to 40% and both the payment and the interest fall.
The calculator uses the standard annuity formula as a guide. It excludes arrangement fees, the mandatory valuation and insurance, and any rate movement on a variable mortgage.
A specialist tells you which banks actually lend to non-residents and runs the payment for your specific deal.
Banks lend non-residents 60–70% of value, so you need 30–40% of your own funds plus purchase taxes and fees (another 10–14%). On a €300,000 home that is a €90,000–120,000 deposit and roughly €33,000–42,000 in taxes and paperwork.
Non-resident fixed rates currently sit around 3–4%, a little above resident rates. Loans come as fixed (rate locked for the term) or variable (Euríbor + a margin). The calculator defaults to 3.5% — enter your own bank offer.
Typically 20–25 years, often with an age cap: the loan must be repaid by around age 70–75. A shorter term raises the monthly payment but cuts total interest.
With a 35% down-payment (€195,000 loan), a 3.5% rate and a 25-year term, the monthly payment is about €976 and total interest over the term is roughly €98,000. Change the deposit, rate and term to see your own scenario.
An NIE (foreigner number), proof of income (payslips, tax returns), bank statements, credit history and a valuation by the bank’s approved appraiser. The bank confirms the rate and limit after review.
Spanish banks offer fixed, variable (Euríbor + margin) and mixed products. Most non-resident buyers take a fixed rate: the payment is known for the whole term, which matters when your income sits in another currency and tax system, even if the rate is slightly higher. A variable loan can win if Euríbor falls, but you carry that risk.
Yes, in part or in full. Early-repayment fees are capped by Spanish law: on fixed rates a maximum of around 2% in the first 10 years and 1.5% after, on variable loans 0.25–0.15% — and only up to the bank’s actual loss. The exact terms are set in the loan deed, so check them before signing.