Spanish Mortgage Calculator — and for Portugal too
What will your mortgage cost as a non-resident? This Spain mortgage calculator runs purchase price, equity and costs in two minutes.
What does a mortgage in Spain or Portugal cost for non-residents?
The calculation has three parts that German and international buyers regularly underestimate. First, the loan-to-value limit: non-residents typically finance up to 70 % of the purchase price in Spain and up to 80 % in Portugal — the rest is equity. Second, the purchase costs, which come on top and are not financed: around 11 % in Spain, around 10 % in Portugal (taxes, notary, registry, lawyer). Planning a €350,000 purchase in Spain realistically means having over €140,000 of your own funds ready before the first instalment runs. Third, the monthly payment itself: it depends on interest rate and term — both are your own inputs in the calculator below; the result is your calculation, not an offer. For actual terms, we review your documents and obtain offers from Spanish and Portuguese banks. Not legal or tax advice.
The calculator gives a first orientation for financing in Spain or Portugal. It reflects the different purchase costs: around 11 percent in Spain, around 10 percent in Portugal.
The result is an estimate, not an offer. For firm terms I review your documents and request quotes from Spanish and Portuguese banks.
A quick estimate — what does your mortgage cost?
A first orientation for your financing plan. For an individual offer, contact me directly.
Your financing & total-cost overview (estimate)
- Monthly payment—
- Loan amount—
- LTV—
- Purchase costs—
- Total investment—
- Equity required—
- Total interest over the term—
- Total cost over the term—
Estimate, no guarantee. Spain: max. 70 %, Portugal: max. 80 % LTV for non-residents. Costs = purchase costs (taxes, notary, land registry, lawyer, NIE/NIF). Total cost = equity + purchase costs + all payments over the term. For a binding offer, contact me.
Numbers look right, but not sure the bank will follow? The mortgage readiness check gives a rough read on income, debt-to-income, age and paperwork in about a minute.
Dealing with an inherited or gifted property instead of a purchase? The inheritance tax calculator compares the relief by region.
Buying in Portugal specifically? The Portugal mortgage calculator is pre-set to the 80% LTV ceiling and Portuguese closing costs.
Model calculations without guarantee. Not binding offers. Terms vary depending on credit profile, property and bank. No tax or legal advice.
Get the full evaluation by email
The complete breakdown with your exact figures — loan, equity required, total interest — straight to your inbox.
How does the Portugal mortgage calculator work?
How much equity do I need in Spain?
Are costs the same in Spain and Portugal?
Does the calculator replace an offer?
Financing new-build stage payments — Spain — the guide as a PDF
How the structure works, what breaks it, which documents the lender wants to see and in which order to proceed. Free, by email, no upfront cost.
What is inside:
- Disbursement · each instalment in full, while the building goes up
- Equity · paid in first, sized against the tasación
- Recipient · straight to the developer
- Property type · developer new build (obra nueva) — not self-build
- Lenders writing this · 1 of 15–20 approached (Perini Market Check 07/2026)
All figures are orientation from our brokerage practice — not a commitment and not a guaranteed condition. Whether a case works depends on the property, the valuation and your standing: subject to credit assessment, case by case, no legal entitlement.