Mortgage readiness check — how realistic is your financing?
5 questions on income, equity, debt-to-income ratio, age and paperwork status. At the end: a rough read — green, amber or red — for Spain and Portugal separately.
In short
Can I check how ready I am for a mortgage?
Yes. Five questions on income, equity, debt-to-income ratio, age and paperwork give a rough green, amber or red read for Spain and Portugal separately, in about a minute — not a bank review or a financing commitment.
What do the colours mean?
Green: the profile fits the standard non-resident pattern. Amber: financeable through a narrower, targeted pool of banks. Red: the standard route usually doesn't fit, but a specialised structure — such as a second-charge mortgage on a German property — often still works.
What decides the result?
Type of income, equity ratio, the 35 % debt-to-income rule, age at end of term (loans normally repaid by 75, the younger borrower's age counting) and paperwork status (NIE in Spain, NIF in Portugal). Spain lends non-residents up to 70 %, Portugal up to 80 %.
Your situation in 5 questions
Each answer counts points. At the end: a rough traffic light — not a bank review, not a financing commitment.
A rough self-assessment, not a bank review and not a financing commitment. Actual feasibility depends on the bank's full review — including the property (e.g. a finca on rústico land: only 50–70% loan-to-value), creditworthiness in detail, and current terms.
Keep this result — and the matching checklist
The check gives you a read. For the bank meeting, the right paperwork counts. We'll send you the PDF checklist for Spain, Portugal or both — free, no sales pressure.
Open the PDF directly — no form: Spain property purchase checklist — mortgage documents (PDF, 2 pages) · Portugal mortgage checklist — documents for non-residents (PDF, 2 pages)
More resources
Mortgage calculator
Monthly instalment, total cost and equity requirement for your exact figures.
Requirements in detail
All documents for employed and self-employed applicants, plus the 35% rule worked through.
Five questions, one rough compass
The check doesn't replace a bank review — it shows which of the five levers is most likely holding things back. At amber or red, it's rarely the whole constellation that's the problem, but usually one single factor: often the debt-to-income ratio, because many non-residents underestimate their existing German obligations at first glance. Green means: the constellation fits the standard pattern. Amber means: financeable, with a narrower, targeted pool of banks. Red means: the standard route finds no lender, but that is not the end of the purchase — usually it needs a specialised structure, such as a second-charge mortgage on a German property as additional equity.