We use first and third-party cookies for analytical and statistical purposes and to show you personalised advertisements based on a profile compiled from your browsing habits (e.g. pages visited). For more information, click on our Cookie Policy. You can accept all cookies by pressing 'Accept', you can reject all cookies by pressing 'Reject', or you can customize your choice by pressing 'Manage'.
Calculate the type of house I can afford
How do I know what type of home I can buy?
There are many houses. And there are many different types of mortgage loans.
At Bankinter, we want to help you calculate your home buying budget, according to your savings, monthly earnings, financial effort and other factors, so you can do your numbers and discover what you can afford in terms of type of neighbourhood, m2, number of rooms, in general; assess how much house you can really afford.
4 key things you need to know when choosing a variable-rate, fixed-rate or mixed mortgage.
Variable-rate mortgage
- How it works: varies and is revised depending on the market
- Interest rate: Euribor + spread
- Monthly instalment: variable
- Payment review: every 12 months
Fixed-rate mortgage
- How it works: your monthly payments are the same throughout the whole of your mortgage.
- Interest rate: fixed
- Monthly instalment: fixed
- No payment reviews
Mixed mortgage
- How it works: it is fixed during the initial years and then variable
- Interest rate: fixed at the start and then variable
- Monthly instalment: fixed and variable
- Payment review: for the variable part every 12 months
You may also like
Variable-rate mortgage calculator
At Bankinter we want to share with you everything we know about mortgages and everything involved in buying a house. Learn about the variable-rate mortgage and calculate fluctations in the Euribor.Fixed-rate vs variable-rate mortgage calculator
We tell you everything you need to know about fixed-rate and variable-rate mortgages so you can compare them, find out more and decide which type of mortgage suits you best.Buy vs rent calculator
Bankinter has created a calculator to do the sums, guide you, help you make decisions, and give you a detailed explanation of whether it's better to pay rent or instead invest that same money into buying your own house. Shall we begin?You have seen so many numbers for your mortgage that they are all mixed up and you don't know which is which. Let's talk
Call Me