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.

In short

Can I estimate a Portuguese mortgage online?

Yes. Enter purchase price, equity and term and the calculator returns your monthly payment, loan amount, LTV, closing costs and total cost for a non-resident purchase in Portugal — a planning estimate, not a binding offer.

Costs of buying in Spain →

How much can a non-resident borrow in Portugal?

Up to 80 % of the purchase price, against 70 % 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.

Costs of buying in Spain →

Portugal mortgage: what closing costs does it include?

Around 10 % of the price: IMT (a flat 7.5 % for non-residents since 25 May 2026), Imposto de Selo, notary, Registo Predial and legal fees including 23 % IVA.

IMT for non-residents →

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.

Purchase price (€)Equity (€)Term (years)

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

Representative example

Advertising a rate obliges us to show what it means in figures. Here it is — calculated with the bonificación, the rate most deals actually close at. What the discount requires, what it is worth and what applies without it is set out below.

Loan amount	€200,000
Loan-to-value	80 %
Term	20 years, French amortisation
Fixed borrowing rate	3.60 % (with bonificación)
Monthly payment	€1,170.22
APR (TAEG)	3.74 % — excluding the running costs of the bundled products (bank-dependent)
Total amount payable	€280,853

Assumptions: French amortisation, calculated on the discounted rate. Valuation 280 €; stamp duty (Imposto do Selo) 0.6 % of the loan (1,200 €) — unlike in Spain, in Portugal the borrower bears it and it is included in the APR. No arrangement fee. The running costs of the bundled products depend on the bank and are not included in the APR.

Without the bonificación the rate is 4.35 % → payment €1,249.16, APR 4.52 %. The discount is therefore worth about €947 a year. It requires two to four, depending on the bank bundled products (typically: bank account, term life cover, buildings insurance, alarm system). The bundled products carry running costs that can partly or fully offset the rate discount. Whether the bonificación pays off depends on what those products cost in your case — we calculate that against the discount before you sign.

Rates as at 07.09.2026. Source: Perini’s own bank survey (as at September 2026); 12-month Euríbor: Banco de España / EMMI. Not an offer and not a financing commitment — the rate you are actually granted depends on the bank, the property and your file.

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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. For Spain there is a separate Spanish mortgage calculator.

Content by Siegfried Perini — local brand representative since 2019, active in real estate since 1992, entered in the German intermediary register (§ 11a GewO) as a person directly involved in brokerage and advice. Point of contact for German-speaking buyers in Spain and Portugal. Brokerage by Olga Nikushkina, mortgage credit intermediary under §34i German Trade Regulation (GewO); in Portugal through a locally licensed intermediary.

Last updated: July 25, 2026

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, as at 01.09.2026)

Open the PDF directly — no form · Financing new-build stage payments — Spain (PDF)

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.