Mortgage Calculator
Calculate your monthly mortgage payment, total interest and see an amortization summary.
Enter property price and down payment
Disclaimer: This calculator is provided for informational purposes only. Holded is not responsible for any inaccuracies, errors, or outdated data in the calculations. Results should not be considered financial or tax advice. Always consult a qualified professional for decisions based on these calculations.
Frequently asked questions about mortgages
Banks in Spain typically finance up to 80% of the property value (LTV of 80%). A lower LTV means better interest rates. For investment properties, the maximum is usually 60-70%.
Fixed rates offer predictable payments but are initially higher. Variable rates (usually Euribor + spread) start lower but can increase. In a rising rate environment, fixed provides stability. Consider your risk tolerance and how long you plan to keep the mortgage.
Beyond the mortgage, budget for property transfer tax (ITP, 6-10%), notary fees, registry fees, property valuation, and possibly mortgage arrangement fees. Total additional costs typically range from 10-15% of the property price.
