How much can you borrow for a Spanish mortgage?
Get your free pre-qualification score in one minute, with a regional cost breakdown and a fixed versus variable comparison. No obligation, and your answers carry straight into your application.
Adjust anything. Watch it move.
The same answers from your pre-qualification, now fully open. Change the figures, compare fixed against variable, and see exactly what completing will cost.
Fixed vs variable
Fixed rate
The same monthly payment for the whole term, whatever Euribor does.
Variable rate
Tracks 12-month Euribor plus a margin, so payments move over time.
Important information
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.
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.
Accurate scoring system
Our scoring system takes into account all the relevant figures and produces an accurate % score based on how the banks will score you.
If your score is above 60% then there is a very good chance you will qualify, the higher the score the better the chance you will qualify for a Spanish mortgage.
Mortgage Calculator Controls
Monthly Income
Your total income each month after tax. If you are buying with another person, you can combine these figures.
Monthly Debt
Mortgage payments, car loans, credit card bills. Add up how much you pay in total each month to maintain these debts.
Loan Amount
The maximum LTV (loan to value) you can borrow is 70% if you are a non-tax resident and 80% for a resident.
Taxes & Costs
This is based on where you purchase, local taxes plus other relevant purchase costs.
Mortgage Term
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
Debt-to-Income Ratio (DTI)
Spanish banks typically require your total monthly debts to stay below 40% of your net monthly income.
Monthly Payments
The amount you repay the bank each month, capital plus interest.
Deposit Required
This is your total cash contribution toward the purchase price, excluding the amount financed by the bank
Loan-to-Value (LTV)
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%.
Taxes & Costs
An estimate of all the expenses associated with a property purchase in Spain, including ITP (Transfer Tax), Notary fees, and Land Registry costs.
Total Interest
The total amount you will pay the bank for borrowing the capital over the full life of the loan. This is the "cost of credit" on top of the original loan amount.
Total Cash Required
The total liquid savings you need to have ready to complete the purchase. This is the sum of your Deposit plus the Taxes & Costs.
Total Repayable
The final sum of the loan amount plus all interest accrued over the years.
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.