Spain Tool
Mortgage Calculator
Compare Spain mortgage rates across 10 major lenders. Stress-test rate rises, check LTV against lender caps, and visualise 25+ years of amortisation.
€400,000
€40,000 · 10.0%
2.95%
Max LTV: 80%
Your LTV (90.0%) exceeds the 80% cap for residential mortgages. Lenders are unlikely to approve.
Monthly Payment
€1,698
Loan Amount
€360,000
90.0% LTV
Deposit
€40,000
10.0% of price
Total Interest
€149,344
Total Paid
€509,344
Effective Rate
2.95%
Interest-to-Loan
41%
LTV Status
Over Cap
Cap 80%
Rate Stress Test
If the Bank of England base rate rises, your payment changes like this:
2.95%
€1,698
+1% (3.95%)
€1,890
+€192/mo
+2% (4.95%)
€2,094
+€396/mo
+3% (5.95%)
€2,308
+€611/mo
Amortisation Schedule
Principal vs interest over the life of your mortgage.
Lender Comparison — 5-Year Fixed
Monthly payments across 10 Spain lenders for your €360,000 loan over 25 years.
| Lender | Rate | Monthly | Total Interest | Total Paid |
|---|---|---|---|---|
| OpenbankBest | 2.82% | €1,674 | €142,094 | €502,094 |
| ING España | 2.84% | €1,677 | €143,206 | €503,206 |
| Santander | 2.89% | €1,687 | €145,991 | €505,991 |
| BBVA | 2.90% | €1,688 | €146,549 | €506,549 |
| Bankinter | 2.92% | €1,692 | €147,666 | €507,666 |
| Kutxabank | 2.94% | €1,696 | €148,784 | €508,784 |
| CaixaBank | 2.95% | €1,698 | €149,344 | €509,344 |
| Banco Sabadell | 2.99% | €1,705 | €151,587 | €511,587 |
| Unicaja Banco | 3.05% | €1,717 | €154,961 | €514,961 |
| Abanca | 3.09% | €1,724 | €157,218 | €517,218 |
Spain Mortgage Notes
Rates shown are indicative Q1 2026 benchmarks. BoE base rate assumed at 2.35%. Residential LTV capped at 95%, BTL / non-resident at 75%. Lenders run affordability stress tests at +1–3% over current rates — use the stress test above to plan for that.