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Requirement compliance simulator for ICO mortgage loans

See - with no obligations and in less than 3 minutes - whether you meet the requirements for loans with ICO guarantees.

ICO facilities to buy a home

ICO housing facility for young people

Welcome to your first home.
If you are under 35 and have enough income to cover monthly mortgage payments but have no savings, this is the help you need.

ICO facility for families with children.

Say goodbye to renting.
If you've been thinking that you could be buying your own home for what you pay in rent, now you can

See Who it is for Who it is for

A maximum of 2 people may apply, who must be the potential owners of the property. They must be between 18 and 35 years old at the time of signature and must have been resident in Spain for at least two years before the application. The following requirements must also be met:

Real estate assets

This guarantee is not available to people who already own a property in their own name, except for those who own a share in a property due to inheritance or mortis causa, or who can demonstrate they do not have use thereof due to separation or divorce.

Financial assets

Applicants may not have more than €100,000 in savings each.

Maximum income

The income of the person buying the property cannot exceed €37,800 gross/year (4.5 times the IPREM monthly public income index). If the property is being purchased by two people, the income limit is doubled:to €75,600 gross/year.

See What kind of home is it for? What kind of home is it for?

The lCO guarantee is for purchases of existing housing for permanent use as your primary residence. It may not be used for commercial activity.

See The price of the property used as a reference The price of the property used as a reference

The price that will be used in arranging the loan is the lower of the purchase price or the appraised value of the property. The reference value may not exceed the maximum set by each autonomous community.

Maximum amounts by autonomous community.

See Maximum percentage guarantee Maximum percentage guarantee

The maximum percentage guarantee depends on the property's energy-efficiency rating:

Up to 25% of the property's value

Energy-efficiency ratings A, B, C and D

Up to 20% of the property's value

Energy-efficiency ratings E, F and G

Now you are closer

Find your nearest Bankinter branch

With our interactive Bankinter branch and ATM locator you can find the nearest branch to you or one of more than 17,000 ATMs at your disposal for free debit card cash withdrawals.

Expenses calculator

And don't forget the other expenses, such as deeds and, notary fees. Our simulator will give you a good idea of these.

Tailored offer

Found the house you were looking for? Ask us for a personalised offer using your actual data, with no commitment.

See Frequently asked questions Frequently asked questions

Can anyone use these financing facilities?

No. They are only available to people who meet the requirements of the Ministry of Economic Affairs, Trade and Business and the ICO (Official Credit Institute).

I already own a property in my name. Are these guarantees still available to me?

In general, no, except for the following exceptions:

  • You are the owner of a share of a property through inheritance or mortis causa with no will.
  • You own a property but can prove that it is not available to you due to separation or divorce, or any other reason beyond your control, or when the property is not available to you due to disability of its owner or any of the people in the household.

I have savings. Can I still apply for this financing?

The ICO facility for home purchases allows applicants to have up to €100,000 in savings for each applicant at the time of the purchase.

Can I apply for the ICO facility after buying my home?

No. The start date of the loan must coincide with the date of purchase of the property.

Can I still apply for this ICO financing if the property has a garage or storage room?

The financing covers the home and any annexes, provided they are part of the same property.