Calculator · Portugal

Mortgage Calculator Portugal — Non-Resident, up to 80% LTV

Buying in Portugal as a non-resident? See your monthly payment, loan amount and closing costs in two minutes — up to 80% financing.

How much can I borrow for a property in Portugal as a non-resident?

Non-residents typically get up to 80 % loan-to-value in Portugal — higher than Spain's 70 % ceiling. On top of the purchase price, budget around 10 % in closing costs: IMT (property transfer tax, 7.5 % flat rate for non-residents since 25 May 2026), Imposto de Selo (stamp duty, 0.8 % on the purchase plus 0.6 % on the loan), notary and Registo Predial fees, and legal fees of roughly 1 % plus 23 % IVA. For a €400,000 purchase with an 80 % loan, that means around €40,000 in equity plus roughly €40,000 in costs before the first instalment is due. The calculator below works out your monthly payment, loan amount, and total cost for the term you choose. Not legal or tax advice.

Portugal is the more generous of the two markets for non-resident financing: banks go up to 80 percent loan-to-value, against 70 percent across the border in Spain, and closing costs run slightly lower at around 10 percent of the purchase price.

The result below is an estimate to plan with, not a binding offer. For firm terms, I review your documents and request quotes from Portuguese banks directly.

Portugal mortgage calculator

A quick estimate — what does your Portuguese mortgage cost?

A first orientation for your financing plan. For an individual offer, contact me directly.

Model calculations without guarantee. Not binding offers. Terms vary depending on credit profile, property and bank. No tax or legal advice.

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The complete breakdown with your exact figures — loan, equity required, total interest — straight to your inbox.

FAQ
How accurate is this Portuguese mortgage calculator?
It gives a first orientation, not a bank offer. It applies Portugal's roughly 10 percent closing costs and the 80 percent loan-to-value ceiling for non-residents to your purchase price, equity, interest rate and term. Your actual rate depends on income, existing debt, age and the property itself — reviewed individually once you send documents.
What is the maximum mortgage amount in Portugal for non-residents?
Up to 80 percent of the purchase price, versus 70 percent in Spain. On a €400,000 property that is up to €320,000 financed, with the remaining €80,000 plus closing costs coming from equity.
What closing costs does the calculator include for Portugal?
IMT (property transfer tax, 7.5 percent flat for non-residents since 25 May 2026), Imposto de Selo (stamp duty on the purchase and, separately, on the loan), notary, Registo Predial, and legal fees including 23 percent IVA — roughly 10 percent of the purchase price in total.
Is a mortgage in Portugal different from Spain?
Portugal allows a higher loan-to-value (80 vs. 70 percent) and slightly lower closing costs (around 10 vs. 11 percent), but Spanish and Portuguese banks assess non-resident applicants on similar criteria — income, existing debt and age. Use the combined Spain & Portugal calculator to compare both countries side by side.
Free guide

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.

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