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FIXED-RATE MORTGAGE
The mortgage that offers you the peace of mind of knowing that your instalments will never change.
A fixed instalment for the entire life of the loan.
Up to 10 years
Fulfilling conditions1
NIR per year3.30%
APR4.05%
Without fulfilling conditions1
NIR per year4.60%
APR5.07%
Up to 15 years
Fulfilling conditions2
NIR per year3.35%
APR4.04%
Without fulfilling conditions2
NIR per year4.65%
APR5.08%
Up to 20 years
Fulfilling conditions3
NIR per year3.40%
APR4.05%
Without fulfilling conditions3
NIR per year4.70%
APR5.10%
Up to 25 years
Fulfilling conditions4
NIR per year3.45%
APR4.06%
Without fulfilling conditions4
NIR per year4.75%
APR5.13%
Up to 30 years
Fulfilling conditions5
NIR per year3.50%
APR4.09%
Without fulfilling conditions5
NIR per year4.80%
APR5.16%
Improve your interest rate when you fulfil certain conditions
Some Bankinter products reduce the interest rate on your mortgage. There's no obligation to have them, but you'll pay less for your mortgage if you do: a Salary, Business or Non-Salary account; life insurance covering the full mortgage amount; comprehensive home insurance; and/or pension plan/EPSV.
Ask us for an agreement in principle with no obligation to apply for a mortgage
That's what you get with our fixed-rate mortgage
Who can apply?
Exclusive conditions for individuals residing in Spain looking to buy their primary residence or second home. Applicants must have a monthly income of at least €2,500.Maximum amount
Up to 80% of the value of the primary residence and 60% of the second home, using either the acquisition price or the appraisal value as a reference, whichever is lower.Maximum term
Thirty years provided that none of the holders will be over 75 years old at the end of the term.Don't add more to your mortgage:
- €0 management fees.
- €0 notary fees.
- €0 registration fee.
- €0 stamp duty.
The application process consists of three easy steps.
It's normal to feel a little overwhelmed when you're buying a home. At Bankinter we not only simplify the steps but guide you through them.
1. Calculate your mortgage
Just enter the amount and term to find out your monthly instalments and taxes, etc. for the different types of mortgages.2. Personalised offer
We'll ask you for some additional information to put together a detailed offer that fits your situation.3. Signature of your mortgage agreement
When we send you your personalised offer, we'll tell you the documents to provide for that long-awaited moment: signing on the dotted line.See Terms and conditions of the Fixed-Rate Mortgage Terms and conditions of the Fixed-Rate Mortgage
Terms and conditions
To buy your primary residence or second home.
For individuals residing in Spain (for non-residents, consult us for conditions) whose total income is over €2,500/month.
Up to 80% of the value of the primary residence and 60% of the second home, using the lower of the appraisal value or the purchase value as the benchmark.
Interest rates
The interest rate varies depending on the term chosen:
Up to 10 years
Fulfilling terms and conditions1:
Fulfilling terms and conditions2:
Fulfilling terms and conditions1:
- 3.30% NIR
- 4.05% APR
- 4.60% NIR
- 5.07% APR
Fulfilling terms and conditions2:
- 3.35% NIR
- 4.04% APR
- 4.65% NIR
- 5.56% APR
Up to 20 years
Fulfilling terms and conditions3:
Fulfilling terms and conditions4:
Fulfilling terms and conditions3:
- 3.40% NIR
- 4.05% APR
- 4.70% NIR
- 5.10% APR
Fulfilling terms and conditions4:
- 3.45% NIR
- 4.06% APR
- 4.75% NIR
- 5.13% APR
Up to 30 years
Fulfilling terms and conditions5:
Fulfilling terms and conditions5:
- 3.50% NIR
- 4.09% APR
- 4.80% NIR
- 5.16% APR
The following products are optional for the customer, but if they are not acquired the rate applied when terms and conditions are fulfilled will be increased by the percentage points corresponding to the sum of each of the products not acquired.
Salary Account, Business Account or Non-Salary Account (discount of 0.40 percentage points).
Life insurance covering 100% of the mortgage amount, taken out with Bankinter Seguros de Vida, S.A. de Seguros y Reaseguros (discount of 0.60 percentage points).
Comprehensive Household Insurance with a minimum content coverage of €30,000 and a structure capital equivalent to the appraisal value of the property for insurance purposes, contracted with Liberty Seguros and brokered by Bankinter, S.A., Operador de Banca-Seguro (discount of 0.20 percentage points).
Pension Plan/EPSV: have a pension plan/voluntary pension scheme in place with the company Bankinter Seguros de Vida, belonging to Bankinter, S.A. Group, for the entire term of the loan and make a minimum annual contribution to it of €600 (bonus of 0.10 percentage points).
Contract amount and term
Minimum amount of €60,000.
Maximum term of 30 years.
Arrangement fee
The arrangement fee is €500.
Mortgage expenses
The customer will pay the appraisal costs. The Bank will pay the expenses of the Notary, registry, management agency and stamp duty (the amount of which varies depending on the autonomous community where the mortgage is arranged), except in the Autonomous Community of the Basque Country (where the customer pays such costs, except for the acquisition of a primary residence which is exempt from this tax).
The mortgage is provided subject to the application being approved by Bankinter, S.A.
Plus
How much does a mortgage cost?
If you're thinking about applying for a mortgage to buy a home, you probably have a few questions. We're here to answer them!You no longer have any excuses to put off buying a home
Information on taking out a mortgage and buying a home.Apply for your personalised offer in just one minute
It only takes a minute to apply for a personalised mortgage offer and there's no commitment to accept it.
Offer valid until the total amount offered (25 million euros) has been reached.
IMPORTANT INFORMATION
- VIEW FIXED MORTGAGE PRE-CONTRACT FACTSHEET
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Show/Hide legal text1 Fixed-rate 10-year mortgage: Below is an example of the APR calculated for a mortgage offered by Bankinter, S.A. based on the following characteristics:
Mortgage amount: 150.000€. Term of loan: 10 years (120 monthly repayments). APR: 4.05%. Monthly instalments for 10 years: €1,469.28, and a final instalment of €1,468.71. Arrangement fee: €500.00. Total interest: €26,313.03. Interest rate: 3.30%. (120 months). Monthly repayments. Total repayment amount €181,769.89. Total cost: €31,769.89.
This APR has been calculated on the following basis:
- Arrangement of life insurance for an amount of 150.000,00 Euros for 10 years for a 30-year-old person. Annual premium of €164.29. Renewal annual insurance.
- Arrangement of home insurance for €100,000 for the structure and €30,000.00 for the content, with an estimated annual premium of €306.44. Renewal annual insurance.
-Appraisal costs: €249.56.
The interest rate is subject to the condition that the following products be arranged with Bankinter:
- Salary Account, Business Account or Non-Salary Account (discount of 0.30 percentage points).
- Life insurance covering the full mortgage amount, taken out with Bankinter Seguros de Vida S.A. de Seguros y Reaseguros (discount of 0.60 percentage points).
- Comprehensive Home Insurance with minimum home content coverage of €30,000.00 and structure coverage equivalent to the appraisal value of the property for insurance purposes, to be arranged with Liberty Seguros and brokered by Bankinter, S.A., Operador de Banca-Seguro (discount of 0.30 percentage points).
- A pension plan/EPSV Have a pension plan/EPSV in place with Bankinter Seguros de Vida, belonging to Bankinter, S.A. Group, for the entire mortgage term and make a minimum annual contribution to it of €600.00 (discount of 0.10 percentage points).
Compliance with discounts will be reviewed annually.
These products are optional for the customer, but if they are not arranged the above rate (3.30%) will be increased by 1.30% corresponding to the sum of each of the products not arranged. Accordingly, if none of the conditions are met the fixed rate will be 4.60% (APR 5.07%). Monthly instalments for 10 years: €1.561.82 and a final instalment of €1,561.31. Total interest: €37,417.89. Total amount repayable: €190,297.05. Total cost: €40,297.05. This APR has been calculated on the basis of arranging with Bankinter, or a different provider, the legally required home insurance policy for €100,000.00, with an estimated annual premium of €167.96, in addition to an annual maintenance fee of €45.00 for the current account required for payment of the instalments, an arrangement fee of €500.00 and appraisal costs of €249.56.
The monthly payments (French repayment system) are the result of raising the coefficient (1 + interest) to the power of the number of outstanding instalments in the transaction multiplied by the interest, divided by (1 + interest) raised to the power of the outstanding payments in the transaction, minus 1, all multiplied by the capital pending repayment ('interest' is understood to be the offered NIR divided by 12). The resulting instalment includes the amount corresponding to the interest (the result of dividing the interest rate by 12, multiplied by the outstanding principal) and the amount repayable (the result of subtracting the interest from the instalment).
The APRs have been calculated taking into account the following:
1. The APRs have been calculated based on the credit facility remaining in place for the agreed term and the borrower and the lender fulfilling their obligations under the terms and conditions of the mortgage agreement.
2. For mortgage agreements with clauses that allow for adjustments to the debit rate and, where applicable, to the costs included in the APRs that are not quantifiable when the calculation is made, the APRs will be calculated on the assumption that the debit rate and other costs will remain unchanged with regard to the level set at the time the agreement was signed.
3. These APRs may vary depending on the transaction amount and term. These APRs have been calculated on the assumption that there will be no partial or total cancellation of the mortgage. They do not include the costs which the customer/borrower would have to pay for the breach of any of the obligations in the agreement.
The mortgage is provided subject to the application being approved by Bankinter, S.A. This mortgage offer is subject to the condition that the borrowers have a total income of over €2,500 a month.
If the customer fails to honour their obligations with the Bank, they may lose the property and their liability and that of any other parties involved in the transaction will extend to all of their present and future assets.
Offer valid until 04/15/2023 or until the amount offered (25 million euros) has been reached.
The loan amount may not exceed 80.00% of the lower of these two values: the property purchase value or appraisal value.In the case of second homes, the maximum amount is 60.00%. The maximum mortgage term is 10 years, provided that none of the holders is over 75 years old at the end of the term.
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Show/Hide legal text2 Fixed-rate 15-year mortgage: Below is an example of the APR calculated for a mortgage offered by Bankinter, S.A. based on the following characteristics:
Mortgage amount: 150.000€. Term of loan: 15 years (180 monthly repayments). APR: 4.04%. Monthly instalments for 15 years: €1,061.31, and a final instalment of €1,060.95. Arrangement fee: €500.00. Total interest: €41,035.44. Interest rate: 3.35%. (180 months). Monthly repayments. Total repayment amount €198,845.95. Total cost: €48,845.95.
This APR has been calculated on the following basis:
- Arrangement of life insurance for an amount of 150.000,00 Euros for 15 years for a 30-year-old person. Annual premium of €164.29. Renewal annual insurance.
- Arrangement of home insurance for €100,000 for the structure and €30,000.00 for the content, with an estimated annual premium of €306.44. Renewal annual insurance.
-Appraisal costs: €249.56.
The interest rate is subject to the condition that the following products be arranged with Bankinter:
- Salary Account, Business Account or Non-Salary Account (discount of 0.30 percentage points).
- Life insurance covering the full mortgage amount, taken out with Bankinter Seguros de Vida S.A. de Seguros y Reaseguros (discount of 0.60 percentage points).
- Comprehensive Home Insurance with minimum home content coverage of €30,000.00 and structure coverage equivalent to the appraisal value of the property for insurance purposes, to be arranged with Liberty Seguros and brokered by Bankinter, S.A., Operador de Banca-Seguro (discount of 0.30 percentage points).
- A pension plan/EPSV Have a pension plan/EPSV in place with Bankinter Seguros de Vida, belonging to Bankinter, S.A. Group, for the entire mortgage term and make a minimum annual contribution to it of €600.00 (discount of 0.10 percentage points).
Compliance with discounts will be reviewed annually.
These products are optional for the customer, but if they are not arranged the above rate (3.35%) will be increased by 1.30% corresponding to the sum of each of the products not arranged. Accordingly, if none of the conditions are met the fixed rate will be 4.65% (APR 5.08%). Monthly instalments for 15 years: €1,159.02 and a final instalment of €1,159.68. Total interest: €58,624.26. Total amount repayable: €212,568.22. Total cost: 62,568.22€. This APR has been calculated on the basis of arranging with Bankinter, or a different provider, the legally required home insurance policy for €100,000.00, with an estimated annual premium of €167.96, in addition to an annual maintenance fee of €45.00 for the current account required for payment of the instalments, an arrangement fee of €500.00 and appraisal costs of €249.56.
The monthly payments (French repayment system) are the result of raising the coefficient (1 + interest) to the power of the number of outstanding instalments in the transaction multiplied by the interest, divided by (1 + interest) raised to the power of the outstanding payments in the transaction, minus 1, all multiplied by the capital pending repayment ('interest' is understood to be the offered NIR divided by 12). The resulting instalment includes the amount corresponding to the interest (the result of dividing the interest rate by 12, multiplied by the outstanding principal) and the amount repayable (the result of subtracting the interest from the instalment).
The APRs have been calculated taking into account the following:
1. The APRs have been calculated based on the credit facility remaining in place for the agreed term and the borrower and the lender fulfilling their obligations under the terms and conditions of the mortgage agreement.
2. For mortgage agreements with clauses that allow for adjustments to the debit rate and, where applicable, to the costs included in the APRs that are not quantifiable when the calculation is made, the APRs will be calculated on the assumption that the debit rate and other costs will remain unchanged with regard to the level set at the time the agreement was signed.
3. These APRs may vary depending on the transaction amount and term. These APRs have been calculated on the assumption that there will be no partial or total cancellation of the mortgage. They do not include the costs which the customer/borrower would have to pay for the breach of any of the obligations in the agreement.
The mortgage is provided subject to the application being approved by Bankinter, S.A. This mortgage offer is subject to the condition that the borrowers have a total income of over €2,500 a month.
If the customer does not fulfil their obligations to the Bank, in addition to the possibility of them losing the property, their liability and that of any other parties involved in the transaction will extend to all of their present and future assets.
Offer valid until 04/15/2023 or until the amount offered (25 million euros) has been reached.
The loan amount may not exceed 80.00% of the lower of these two values: the property purchase value or appraisal value. In the case of second homes, the maximum amount is 60.00%. The maximum mortgage term is 15 years, provided that none of the holders is over 75 years old at the end of the term.
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Show/Hide legal text3 Fixed-rate 20-year mortgage: Below is an example of the APR calculated for a mortgage offered by Bankinter, S.A. based on the following characteristics:
Mortgage amount: 150.000€. Term of loan: 20 years (240 monthly repayments). APR: 4.05%. Monthly instalments over 20 years: €862.25, and a final instalment of €862.72. Arrangement fee: €500.00. Total interest: €56,940.47. Interest rate: 3.40%. (240 months). Monthly repayments. Total repayment amount €217,104.63. Total cost: 67,104.63€.
This APR has been calculated on the following basis:
- Arrangement of life insurance for an amount of €150,000.00 for 20 years for a 30-year-old person. Annual premium of €164.29. Renewal annual insurance.
- Arrangement of home insurance for €100,000 for the structure and €30,000.00 for the content, with an estimated annual premium of €306.44. Renewal annual insurance.
-Appraisal costs: €249.56.
The interest rate is subject to the condition that the following products be arranged with Bankinter:
- Salary Account, Business Account or Non-Salary Account (discount of 0.30 percentage points).
- Life insurance covering the full mortgage amount, taken out with Bankinter Seguros de Vida S.A. de Seguros y Reaseguros (discount of 0.60 percentage points).
- Comprehensive Home Insurance with minimum home content coverage of €30,000.00 and structure coverage equivalent to the appraisal value of the property for insurance purposes, to be arranged with Liberty Seguros and brokered by Bankinter, S.A., Operador de Banca-Seguro (discount of 0.30 percentage points).
- A pension plan/EPSV Have a pension plan/EPSV in place with Bankinter Seguros de Vida, belonging to Bankinter, S.A. Group, for the entire mortgage term and make a minimum annual contribution to it of €600.00 (discount of 0.10 percentage points).
Compliance with discounts will be reviewed annually.
These products are optional for the customer, but if they are not arranged the above rate (3.40%) will be increased by 1.30% corresponding to the sum of each of the products not arranged. Accordingly, if none of the conditions are met the fixed rate will be 4.70% (APR 5.10%). Monthly instalments over 20 years: €965.24 and a final instalment of €966.80. Total interest: €81,659.16. Total amount repayable: €236,667.92. Total cost: €86,667.92. This APR has been calculated on the basis of arranging with Bankinter, or a different provider, the legally required home insurance policy for €100,000.00, with an estimated annual premium of €167.96, in addition to an annual maintenance fee of €45.00 for the current account required for payment of the instalments, an arrangement fee of €500.00 and appraisal costs of €249.56.
The monthly payments (French repayment system) are the result of raising the coefficient (1 + interest) to the power of the number of outstanding instalments in the transaction multiplied by the interest, divided by (1 + interest) raised to the power of the outstanding payments in the transaction, minus 1, all multiplied by the capital pending repayment ('interest' is understood to be the offered NIR divided by 12). The resulting instalment includes the amount corresponding to the interest (the result of dividing the interest rate by 12, multiplied by the outstanding principal) and the amount repayable (the result of subtracting the interest from the instalment).
The APRs have been calculated taking into account the following:
1. The APRs have been calculated based on the credit facility remaining in place for the agreed term and the borrower and the lender fulfilling their obligations under the terms and conditions of the mortgage agreement.
2. For mortgage agreements with clauses that allow for adjustments to the debit rate and, where applicable, to the costs included in the APRs that are not quantifiable when the calculation is made, the APRs will be calculated on the assumption that the debit rate and other costs will remain unchanged with regard to the level set at the time the agreement was signed.
3. These APRs may vary depending on the transaction amount and term. These APRs have been calculated on the assumption that there will be no partial or total cancellation of the mortgage. They do not include the costs that the customer/borrower would have to pay for the breach of any of the obligations in the agreement.
The mortgage is provided subject to the application being approved by Bankinter, S.A. This mortgage offer is subject to the condition that the borrowers have a total income of over €2,500 a month.
If the customer does not fulfil their obligations to the Bank, in addition to the possibility of them losing the property, their liability and that of any other parties involved in the transaction will extend to all of their present and future assets.
Offer valid until 04/15/2023 or until the amount offered (25 million euros) has been reached.
The loan amount may not exceed 80.00% of the lower of these two values: the property purchase value or appraisal value. In the case of second homes, the maximum amount is 60.00%. The maximum mortgage term is 20 years, provided that none of the holders is over 75 years old at the end of the term.
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Show/Hide legal text4 Fixed-rate 25-year mortgage: Below is an example of the APR calculated for a mortgage offered by Bankinter, S.A. based on the following characteristics:
Loan amount: 150,000€. Term of loan: 25 years (300 monthly repayments). APR: 4.06%. Monthly instalments for 25 years: €746.92, and a final instalment of €746.56. Arrangement fee: €500.00. Total interest: €74,075.64. Interest rate: 3.45%. (300 months). Monthly repayments. Total repayment amount €236,593.45. Total cost: €86,593.45.
This APR has been calculated on the following basis:
- Arrangement of life insurance for an amount of €150,000.00 for 25 years for a 30-year-old person. Annual premium of €164.29. Renewal annual insurance.
- Arrangement of home insurance for €100,000 for the structure and €30,000.00 for the content, with an estimated annual premium of €306.44. Renewal annual insurance.
-Appraisal costs: €249.56.
The interest rate is subject to the condition that the following products be arranged with Bankinter:
- Salary Account, Business Account or Non-Salary Account (discount of 0.30 percentage points).
- Life insurance covering the full mortgage amount, taken out with Bankinter Seguros de Vida S.A. de Seguros y Reaseguros (discount of 0.60 percentage points).
- Comprehensive Home Insurance with minimum home content coverage of €30,000.00 and structure coverage equivalent to the appraisal value of the property for insurance purposes, to be arranged with Liberty Seguros and brokered by Bankinter, S.A., Operador de Banca-Seguro (discount of 0.30 percentage points).
- A pension plan/EPSV Have a pension plan/EPSV in place with Bankinter Seguros de Vida, belonging to Bankinter, S.A. Group, for the entire mortgage term and make a minimum annual contribution to it of €600.00 (discount of 0.10 percentage points).
Compliance with discounts will be reviewed annually.
These products are optional for the customer, but if they are not arranged the above rate (3.45%) will be increased by 1.30% corresponding to the sum of each of the products not arranged. Accordingly, if none of the conditions are met the fixed rate will be 4.75% (APR 5.13%). Monthly instalments for 25 years: €855.18 and a final instalment of €852.98. Total interest: €106.551,80. Total amount repayable: €262,625.36. Total cost: €112,625.36. This APR has been calculated on the basis of arranging with Bankinter, or a different provider, the legally required home insurance policy for €100,000.00, with an estimated annual premium of €167.96, in addition to an annual maintenance fee of €45.00 for the current account required for payment of the instalments, an arrangement fee of €500.00 and appraisal costs of €249.56.
The monthly payments (French repayment system) are the result of raising the coefficient (1 + interest) to the power of the number of outstanding instalments in the transaction multiplied by the interest, divided by (1 + interest) raised to the power of the outstanding payments in the transaction, minus 1, all multiplied by the capital pending repayment ('interest' is understood to be the offered NIR divided by 12). The resulting instalment includes the amount corresponding to the interest (the result of dividing the interest rate by 12, multiplied by the outstanding principal) and the amount repayable (the result of subtracting the interest from the instalment).
The APRs have been calculated taking into account the following:
1. The APRs have been calculated based on the credit facility remaining in place for the agreed term and the borrower and the lender fulfilling their obligations under the terms and conditions of the mortgage agreement.
2. For mortgage agreements with clauses that allow for adjustments to the debit rate and, where applicable, to the costs included in the APRs that are not quantifiable when the calculation is made, the APRs will be calculated on the assumption that the debit rate and other costs will remain unchanged with regard to the level set at the time the agreement was signed.
3. These APRs may vary depending on the transaction amount and term. These APRs have been calculated on the assumption that there will be no partial or total cancellation of the mortgage. They do not include the costs which the customer/borrower would have to pay for the breach of any of the obligations in the agreement.
The mortgage is provided subject to the application being approved by Bankinter, S.A. This mortgage offer is subject to the condition that the borrowers have a total income of over €2,500 a month.
If the customer does not fulfil their obligations to the Bank, in addition to the possibility of them losing the property, their liability and that of any other parties involved in the transaction will extend to all of their present and future assets.
Offer valid until 04/15/2023 or until the amount offered (25 million euros) has been reached.
The loan amount may not exceed 80.00% of the lower of these two values: the property purchase value or appraisal value. In the case of second homes, the maximum amount is 60.00%. The maximum mortgage term is 25 years, provided that none of the holders is over 75 years old at the end of the term.
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Show/Hide legal text5 Fixed-rate 30-year mortgage: Below is an example of the APR calculated for a mortgage offered by Bankinter, S.A. based on the following characteristics:
Mortgage amount: 150,000€. Term of loan: 30 years (360 monthly repayments). APR: 4.09%. Monthly repayment for 30 years: €673.57 and a final instalment of €671.67. Arrangement fee: €500.00. Total interest: €92,483.30. Interest rate: 3.50%. (360 months). Monthly repayments. Total repayment amount €257,354.76. Total cost: €107,354.76.
This APR has been calculated on the following basis:
- Arrangement of life insurance for an amount of €150,000.00 for 30 years for a 30-year-old person. Annual premium of €164.29. Renewal annual insurance.
- Arrangement of home insurance for €100,000 for the structure and €30,000.00 for the content, with an estimated annual premium of €306.44. Renewal annual insurance.
-Appraisal costs: €249.56.
The interest rate is subject to the condition that the following products be arranged with Bankinter:
- Salary Account, Business Account or Non-Salary Account (discount of 0.30 percentage points).
- Life insurance covering the full mortgage amount, taken out with Bankinter Seguros de Vida S.A. de Seguros y Reaseguros (discount of 0.60 percentage points).
- Comprehensive Home Insurance with minimum home content coverage of €30,000.00 and structure coverage equivalent to the appraisal value of the property for insurance purposes, to be arranged with Liberty Seguros and brokered by Bankinter, S.A., Operador de Banca-Seguro (discount of 0.30 percentage points).
- A pension plan/EPSV Have a pension plan/EPSV in place with Bankinter Seguros de Vida, belonging to Bankinter, S.A. Group, for the entire mortgage term and make a minimum annual contribution to it of €600.00 (discount of 0.10 percentage points).
Compliance with discounts will be reviewed annually.
These products are optional for the customer, but if they are not arranged the above rate (3.50%) will be increased by 1.30% corresponding to the sum of each of the products not arranged. Accordingly, if none of the conditions are met the fixed rate will be 4.80% (APR 5.16%). Monthly repayment for 30 years: €787.00 and a final instalment of €785.46. Total interest: €133,318.46. Total amount repayable: €290,456.82. Total cost: €140.456,82. This APR has been calculated on the basis of arranging with Bankinter, or a different provider, the legally required home insurance policy for €100,000.00, with an estimated annual premium of €167.96, in addition to an annual maintenance fee of €45.00 for the current account required for payment of the instalments, an arrangement fee of €500.00 and appraisal costs of €249.56.
The monthly payments (French repayment system) are the result of raising the coefficient (1 + interest) to the power of the number of outstanding instalments in the transaction multiplied by the interest, divided by (1 + interest) raised to the power of the outstanding payments in the transaction, minus 1, all multiplied by the capital pending repayment ('interest' is understood to be the offered NIR divided by 12). The resulting instalment includes the amount corresponding to the interest (the result of dividing the interest rate by 12, multiplied by the outstanding principal) and the amount repayable (the result of subtracting the interest from the instalment).
The APRs have been calculated taking into account the following:
1. The APRs have been calculated based on the credit facility remaining in place for the agreed term and the borrower and the lender fulfilling their obligations under the terms and conditions of the mortgage agreement.
2. For mortgage agreements with clauses that allow for adjustments to the debit rate and, where applicable, to the costs included in the APRs that are not quantifiable when the calculation is made, the APRs will be calculated on the assumption that the debit rate and other costs will remain unchanged with regard to the level set at the time the agreement was signed.
3. These APRs may vary depending on the transaction amount and term. These APRs have been calculated on the assumption that there will be no partial or total cancellation of the mortgage. They do not include the costs which the customer/borrower would have to pay for the breach of any of the obligations in the agreement.
The mortgage is provided subject to the application being approved by Bankinter, S.A. This mortgage offer is subject to the condition that the borrowers have a total income of over €2,500 a month.
If the customer does not fulfil their obligations to the Bank, in addition to the possibility of them losing the property, their liability and that of any other parties involved in the transaction will extend to all of their present and future assets.
Offer valid until 04/15/2023 or until the amount offered (25 million euros) has been reached.
The loan amount may not exceed 80.00% of the lower of these two values: the property purchase value or appraisal value. In the case of second homes, the maximum amount is 60.00%. The maximum mortgage term is 30 years, provided that none of the holders is over 75 years old at the end of the term.
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