Portugal Tool

Mortgage Calculator

Compare Portuguese mortgage rates across 10 lenders — CGD, Millennium BCP, Santander Totta, BPI, Novo Banco, Bankinter and more. Fixed, 10-year fixed, and Euribor-linked variable rates. Stress-test against a rising Euribor.

€400 000

€80 000 · 20.0%

3.50% (Euribor 6M at 2.55%)

Max LTV: 90% (Banco de Portugal guidance)

Monthly Payment

€1437

Loan Amount

€320 000

80.0% LTV

Deposit

€80 000

20.0% of price

Total Interest

€197 299

Total Paid

€517 299

Effective Rate

3.50%

Interest / Loan

62%

LTV Status

OK

Cap 90%

Euribor Stress Test

If Euribor rises, your variable-rate monthly payment moves. This is the single biggest risk in a Portuguese mortgage.

3.50%

€1437

+1% (4.50%)

€1621

+€184/mo

+2% (5.50%)

€1817

+€380/mo

+3% (6.50%)

€2023

+€586/mo

Amortisation Schedule

Year-by-year principal vs interest across the life of your Portuguese mortgage.

Lender Comparison — Variable (Euribor 6M)

Monthly payments across 10 Portuguese lenders for your €320 000 loan over 30 anos.

LenderRateMonthlyTotal InterestTotal Paid
Caixa Geral de DepósitosBest3.50%€1437€197 299€517 299
Bankinter3.53%€1442€199 231€519 231
Millennium BCP3.55%€1446€200 520€520 520
Santander Totta3.60%€1455€203 751€523 751
BPI3.60%€1455€203 751€523 751
Novo Banco3.65%€1464€206 993€526 993
Abanca3.65%€1464€206 993€526 993
Crédito Agrícola3.70%€1473€210 246€530 246
Montepio3.75%€1482€213 509€533 509
EuroBic3.80%€1491€216 783€536 783

Portugal Mortgage Notes

Indicative Q1 2026 rates compiled from Banco de Portugal and lender price lists. Euribor 6M assumed at 2.55%. LTV caps follow Banco de Portugal macroprudential recommendations — residents 90% (primary) / 80% (secondary), non-residents 70%. Portuguese lenders typically stress-test affordability at +3% Euribor — use the stress test above to plan.