Choosing the best Spanish mortgage calculator depends on your specific needs. While some banks offer calculators limited to their products, this guide has compared 8 Spanish calculators to help you understand their features and customization options.
If you prefer the convenience of using your laptop or mobile to find out how much you can borrow and what repayment terms you might access—without contacting the bank directly—a Spanish mortgage calculator could be the perfect solution.
But which one is best for non-residents?
Homevest offers a mortgage calculator that provides accurate estimates to help you understand your buying power in Spain. Whether you’re applying alone or with a co-applicant, it shows your maximum and minimum affordability based on your profile.
Read on for more details.
There are plenty of Spanish mortgage calculators available online; some are advanced, while others provide basic information.
Remember, however, that all these calculators provide approximate figures.
Here's an at-a-glance comparison of your options, and we'll cover them in detail later.
You'll need to scroll down a bit before finding the calculator.
They assist you in predefining your preferences to understand what info you need to fill in.
Easy adjustments of interest rates and mortgage amounts through a user-friendly slider.
Fluent Finance Abroad, a key name in the Spanish mortgage market, provides a simple mortgage calculator for residents and non-residents.
While the tool is accessible and easy to navigate, it lacks specialized features tailored to the distinct needs of each user group.
Homevest is a digital service that simplifies the mortgage process for non-residents by providing accurate budget estimations and connecting customers with dedicated brokers to guide them every step of the way.
The Homevest Spanish mortgage calculator is quick and easy to use, leveraging interest rates and debt capacity to deliver reliable results. It is designed based on financial products available to non-residents in the Spanish market.
Simon Conn is a mortgage broker offering a calculator for international buyers with income in USD, GPB, or EUR.
The Spanish mortgage calculator he offers lets you choose from three payment frequency options, providing an overview of your repayment schedule over time.
However, one limitation is that it doesn’t provide a detailed breakdown for the full repayment period you might prefer.
Foxes, with their team of property, finance, and legal experts, focus on helping international buyers in Spain.
They offer different Spanish mortgage calculators that help estimate your payments, eligibility, and the ideal property purchase price.
IMS Mortgages, specializing in services for non-residents, offers a Spanish mortgage calculator designed to give you a basic estimate of your monthly payments.
Although the tool is easy to use, it lacks specialized features for those looking to purchase property in Spain.
Lionsgate Capital, a mortgage broker focused on assisting wealthy individuals in purchasing properties in the Balearic Islands, offers a user-friendly Spanish mortgage calculator.
Unlike other calculators, it includes the 12% taxes and provides a comprehensive overview to help you understand the total amount needed.
Best known for its real estate portal, Idealista also provides mortgage brokerage services in Spain.
Their calculator offers a thorough understanding of the monthly payments and the taxes and expenses involved in purchasing a property. This approach is more detailed than Lionsgate Capital, which also emphasizes these factors.
Mortgage Direct is a key name in the Spanish mortgage industry, offering calculators designed for the Spanish market.
These tools help users understand their mortgage options and provide clear guidance for entering the required data.
The best Spanish mortgage calculator depends on your specific needs and the features you want to take advantage of.
While some banks offer calculators limited to their own products, this guide compares eight Spanish calculators to help you explore their features and customization options.
If you’re a non-resident looking for guidance with your mortgage in Spain, Homevest could be an excellent choice. It connects you with mortgage brokers who can help build your application and submit it to banks that best match your profile.
Our analysis focused on the functionality and accessibility of each calculator. Users regard a highly-rated tool as intuitive and easy to use.
We also considered the specificity of each calculator and how easily it can be used on laptops and mobile devices. We selected calculators from Google's first page for easy user access.
As a non-resident, how much you can borrow for a mortgage in Spain varies from case to case. Lenders typically offer between 45-70% of the property's value, depending on your financial situation, income, debts, and the property's type and location.
As a non-resident, you’ll need a 30% down payment, plus an additional 6.5%–12% to cover taxes, which are not included in the amount you borrow from the bank.
If you’re purchasing a property for holiday purposes, banks may require a higher deposit.
The mortgage process typically takes around two months, including a mandatory reflection period of 10–14 days, during which you can review the terms or withdraw without penalty.
Sources used and checked in January 2025:
We recommend obtaining professional or specialist advice before taking or refraining from any action based on the content in this article. The information in this article does not constitute legal, tax, or other professional advice from Homevest Limited. Prior results do not guarantee a similar outcome. We make no representations, warranties, or guarantees, whether express or implied, that the content in this article is accurate, complete, or up to date.
In the last quarter of 2023, mortgage rates went up, with small tweaks in fixed rates and increases in variable rates as the year ended. Continue reading our comparison of fixed-rate vs. variable rate mortgages in Spain, including their pros, cons, and opportunities compared.
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