Do you qualify for a Spanish mortgage?
Find out your score before applying. Free, takes about a minute, with a regional cost breakdown. No obligation.
Your numbers in detail
Deposit, monthly payment and the full purchase costs for your region.
Most non-resident buyers can borrow up to 70% of the property price in Spain (80% for residents), provided repayments plus existing debts stay under roughly 40% of monthly income. Budget a 30% deposit plus 10 to 12% of the price in buying costs; fixed rates start around 2.85%, reviewed July 2026.
How does it work
The way banks score you is different in every country.
In Spain, banks look at your taxed income, and how much debt you manage.
Our advanced Spanish mortgage calculator takes these figures into account and gives you an accurate score out of 100.
The questions explained
Your total income each month after tax. If you are buying with another person, you can combine these figures.
Mortgage payments, car loans, credit card bills. Add up how much you pay in total each month to maintain these debts.
The maximum LTV (loan to value) you can borrow is 70% if you are a non-tax resident and 80% for a resident.
This is based on where you purchase, local taxes plus other relevant purchase costs.
The normal term of a loan in Spain is between 10-35 years. Regardless your mortgage term must complete before you are 75 years of age.
Your Results explained
Spanish banks typically require your total monthly debts to stay below 40% of your net monthly income.
The amount you repay the bank each month, capital plus interest.
This is your total cash contribution toward the purchase price, excluding the amount financed by the bank
The percentage of the property price you are borrowing from the bank. For example, an 80% LTV means the bank provides 80% of the funds and you provide the remaining 20%.
An estimate of all the expenses associated with a property purchase in Spain, including ITP (Transfer Tax), Notary fees, and Land Registry costs.
The total liquid savings you need to have ready to complete the purchase. This is the sum of your Deposit plus the Taxes & Costs.
How much can you borrow for a Spanish mortgage?
The 40% rule
Most buyers who live outside Spain can borrow up to 70% of the purchase price, and residents up to 80%. How much of that you actually get comes down to one test: your total monthly repayments, the new mortgage plus any loans, car finance or credit cards you already pay, must stay under about 40% of your net monthly income. That is the figure behind your score. A score above 60 means your repayments sit inside that limit with room to spare.
What happens after you pre-qualify
Pre-qualification is our indicative view, not a lender's decision. The next step is a decision in principle: we take your income, deposit and property details to our lenders and they confirm in writing how much they would lend you and on what terms. It costs nothing and does not commit you to a purchase, and it lets you make offers knowing your finance is in place.
Foxes' role. Foxes is registered with the Bank of Spain as a real estate credit intermediary, registration number D470. Foxes is a credit intermediary, not a lender.
What this tool does. It gives an indicative pre-qualification guide based on the details you enter. It is not a credit decision, not a binding offer, and not a personalised recommendation. The interest rates shown are illustrative assumptions you can edit, not rates offered by Foxes or any lender. Your actual rate and eligibility are set by the lender after a full assessment.
Rate risk. Variable rate payments can rise as well as fall. Your home may be repossessed if you do not keep up repayments on a loan secured against it. If your income is not in euros, exchange rate movements can increase what you owe.
Before you commit. Before you are bound by any mortgage, the lender provides the FEIN and FiAE, with a legal reflection period of at least 10 days before signing.
Foxes · Rapido Finance y Legal SL · Bank of Spain D470
Trusted by buyers from
around the world.
Our clients come to us from London, Dublin, Dubai, Sydney and everywhere in between. All with the same goal of owning property in Spain. Here's what they say about working with us.
4.7 TrustpilotChristopher Beall A++++++++++
He was very warm, kind and extremely helpful, answering all my questions. He put me completely at ease. Thank you for being so patient and understanding. He is a credit to your company.
The only place to go if you want to buy a house in Spain
From March when we contacted Foxes for the very first time to September when we got the keys, there wasn't even one stressful situation. Christopher and Alejandra were there for us all the time.
Complex query resolved really well
I contacted banks and brokers who were not able to give me any solutions. With Foxes, I have found a trusted company who guided me during the whole process and managed to find a bank that offered me a mortgage.
First class mortgage broker
If you are looking for a mortgage in Spain then look no further than Foxes. Their knowledge and relationships with the banks make it so much easier to secure a mortgage. They have exceeded our expectations.
Best mortgage brokerage service
The experience of getting a mortgage couldn't be easier with Christopher. He explained what to expect and within a week I received the mortgage approval with decent terms. I would happily recommend them to anyone.
The most transparent and knowledgeable company
I bought my first home and it was in Spain. There's a special culture of empathy and diligence within the Foxes team that put me at complete ease every step of the way. They had my back the whole time.