Mortgage Calculator for Spain

Method and scope

Fixed-rate, fully amortising loan with equal monthly payments beginning one month after borrowing. The nominal annual interest rate is divided by 12. At zero interest, principal is divided equally across payments. Fees, insurance, property taxes, rate resets and prepayments are excluded. This is a principal-and-interest illustration, not a lender quotation.

Using this calculator in Spain

This Spanish mortgage illustration assumes one unchanged nominal rate. Euribor resets, variable/mixed-rate periods, arrangement costs, insurance and regional purchase taxes are outside the calculation.

Try the starting example

Amount borrowed: 250.000 €; Annual interest rate (nominal): 5%; Loan term (years): 25.

Monthly principal + interest: 1461,48 €.

Compare one assumption at a time

A longer term can lower the monthly payment while increasing total interest. Compare the repayment schedule and total interest as well as the first result. Keep the amount and rate fixed when reproducing this comparison; the illustration does not include a future rate reset. These fictional scenarios use the starting inputs printed above, not your current entries in the interactive calculator.

Have you accounted for the regional part of IRPF?

The tax page calculates the common-regime state component only. It cannot establish total Spanish income tax or take-home pay because regional tax and personal/family minimum treatment are excluded. The pension page covers the general individual-plan limit, not every employer or self-employed arrangement.

To reproduce the table, reset the calculator, change only the named input and compare the result and any warning. Record the assumptions with your result. See worked planning examples and our calculation and correction process.

Sources and review date

• Investor.gov: compound interest tools
• MoneyHelper: mortgage calculations

Rules and method reviewed 2026-11-02. Future changes are not automatically applied. Report a correction.