Mortgage calculator

Simulate your mortgage and calculate purchase costs for your future home on the Costa Blanca

Purchase price€300,000

30.000 €3.000.000 €

Down payment

20%(€60,000)

0%90%

Interest rate3.5%

0,5%10%

Loan term

Monthly payment

€1,201/month

67% / 33%

Principal

Interest

Loan amount

€240,000

Total cost

€360,449

Total interest

€120,449

Transfer Tax (ITP) (10%)€30,000

Notary + Registry (~1,5%)€4,500

Administrative fees€500

Total with costs€335,000

Loan amountDown paymentEstimated purchase costs

Indicative estimate for resale property in Valencia region. Consult your bank and tax advisor.

Tips for your mortgage in Spain

1Banks typically finance up to 70-80% of the appraised value for residents and up to 60-70% for non-residents.
2The Transfer Tax (ITP) in the Valencia region is 10% for resale properties.
3You should budget an additional 10-12% of the purchase price to cover taxes and fees (transfer tax, notary, registry, administrative fees).
4Current interest rates in Spain are around 2.5-4% for fixed-rate mortgages. Compare offers from several banks.

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