Bankinter Mortgages
We have more mortgages than any other bank: Choose yours.
Dual mortgage, fixed-rate, variable-rate, mixed, mortgages for young people...
Mortgage calculator:
Calculate the price of your mortgage in just 3 minutes and with no obligation whatsoever.
Don't have a mortgage yet?
Our calculator will give you all the figures: Instalment, expenses, taxes... You'll also be able to compare the different types of mortgages: dual, fixed-rate, variable-rate, etc.
Want to switch your mortgage to Bankinter?
If you're looking to improve the terms of your current mortgage, our calculator will do the sums for you. You'll be able to compare what you currently pay with what you could pay.
Let's build your mortgage together, shall we?
Not a Bankinter customer?
Content Not a Bankinter customer?Already a customer?
Content Already a customer?Guide to your mortgage
Everything we know about homes and mortgages is in this guide:
Apply for your mortgage in a few easy steps:
Want to get an idea of how much your instalment will be?
Simulate your mortgage to see your monthly payment, interest rates and other relevant data... The means everything that matters.Apply for a personalised agreement in principle.
The next step, also without obligation, is to request an agreement in principle tailored 100% to your situation. This could change the result of the calculation, and you might get a pleasant surprise.Decide which mortgage best suits you.
With our personalised offer, you can decide which mortgage is best for you. When we deliver it to you, we'll also tell you what documentation is needed to sign your mortgage.Shall we start with the simulation?
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Code of good practices
Content Code of good practicesHere's a link to our Mortgage Guide.
View mortgage guide in PDF format
Information document with a summary of the protection measures for mortgage holders regulated by Royal Decree Law 6/2012 of 9 March (Code of Good Practices).
View best practice guide in PDF format
Document of General Terms and Conditions of Mortgages (Ley 7/98 of 13 April 1998).
View general terms and conditions of mortgages in PDF format
Document of General Conditions of the Real Estate Loan with mortgage guarantee (Dual).
View general terms and conditions of mortgages in PDF format dual mortgage
Link to the Tools for mortgage holders struggling to pay guide.
View the Tools for mortgage holders struggling to pay guide in PDF format.
For mortgages on homes that are formally arranged in the Autonomous Community of Andalusia.
View in Spanish in PDF format Autonomous Community of Andalusia
View in English in PDF format Autonomous Community of Andalusia
General Terms and Conditions of EVO Mortgages (Law 7/98 of 13 April 1998).
important information
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The final amount of the financial arrangement will be subject to the institution's risk criteria.
FAQs
What are the costs associated with taking out a mortgage?
When taking out a mortgage, you should consider expenses such as the property appraisal, possible fees and the purchase of linked insurance. In line with prevailing legislation, the Bank currently covers the notary, registration and management costs, including stamp duty, so customers only have to plan for the appraisal costs and relevant taxes such as VAT or and the Tax on Documented Legal Acts (AJD), so the customer only has to plan for, in addition to the appraisal, the taxes specific to the sale such as VAT or asset transfer tax (ITP), depending on the type of property.
Our section on mortgage expenses provides full details of all these items to give you a clear understanding of the initial outlay of your transaction and help you plan your investment confidently.
What should I look for when comparing mortgages?
When comparing mortgages, it's essential to analyse both the nominal interest rate (NIR) and the annual percentage rate (APR) because this latter rate includes the related fees and expenses, offering a real view of the annual cost of financing. You should also consider the level of commitment required to qualify for interest rate discounts, e.g. by depositing your salary and taking out insurance. Another important point to consider is the flexibility of the mortgage in case you want to make early repayments or cancellations.
Bankinter's mortgage calculator will allow you to work out these variables for your situation, giving you a clear picture of the total instalment that each option represents according to your financial profile and your long-term needs.
What steps should I follow to buy a house with a mortgage?
The process begins with the search for the property and the solvency study to determine your borrowing capacity before formally applying for the mortgage. Once you have selected the property and the appraisal has been carried out, the Bank will provide you with some pre-contractual documents that you should read very carefully so you have a clear understanding of the final conditions before you signs the deeds before it is essential to read the pre-contractual documents provided by the Bankwe provide that the Bank provides to analyse the final conditions before signing the deeds through a notary. The final step in the process is payment of the related taxes and registration of the property in the land registry, thus ensuring the complete legal validity of the transaction.
Our homebuyers guide includes a step-by-step guide to the process to help you make the best financial decision with complete confidence.
Is it better to choose a fixed-rate or variable-rate mortgage?
The choice between a fixed-rate or variable-rate mortgage depends on your risk profile and your ability to plan your finances in the long term. While a fixed-rate mortgage guarantees that you will pay the same instalment throughout the life of the mortgage, protecting you against future interest rate increases, a variable-rate mortgage usually offers a more competitive starting rate in exchange for accepting possible fluctuations in the Euribor.
For those seeking a balance between both options, Bankinter offers the Dual Mortgage, a solution that allows you to combine the fixed and variable portions within the same mortgage in order to diversify the risk and adapt the payment to your specific needs.
How much money do I need to have saved to apply for a mortgage?
To apply for a mortgage, you need to have prior savings equivalent to 30% of the property value, since standard financing usually covers up to 80% of the appraisal value or the purchase price, whichever is lower. This initial capital covers the 20% not financed, plus the 10%-12% allocated to taxes and transaction costs.
However, to facilitate access for first-time buyers, Bankinter offers the Young Person's Mortgage for the under 36s, which allows financing up to 90% of the purchase price. This option significantly reduces the initial savings required, making it easier for younger buyers to access their first home.
I already have a mortgage with another bank. Can I transfer it to Bankinter?
You can transfer your current mortgage to Bankinter through a mortgage subrogation process, which allows you to improve the financing terms without having to cancel the mortgage and apply for a new one from scratch. Reasons for subrogating an existing mortgage are to optimise the interest rate, alter the repayment period or reduce the total cost of debt by taking advantage of current market conditions. At Bankinter, we take care of managing the paperwork and communication with your current bank to simplify the administrative process and facilitate a smooth and efficient switch.
Use our subrogation calculator to discover the potential savings on your monthly instalment and total interest.
What discounts does Bankinter offer to lower the interest rate?
Bankinter offers the possibility of reducing the interest rate on your mortgage by arranging products that help to improve your financial planning and personal protection. You can qualify for these discounts by depositing your income in our Salary Account (which has the added advantage of a yielding high interest), by taking out home and life insurance, and by making contributions to pension plans.
Our Bank also rewards sustainability through the Efficient Home Mortgage, which unlocks more advantageous financial conditions if the property you buy has an energy efficiency rating of class A or B.
Bankinter has the solution
We're here to answer your banking queries and provide you with technical support.Mortgage amount: €150,000. Mortgage term: 25 years (300 monthly instalments). Variable APR: 3.62%. Monthly instalment the first 3 years: €657.92. Monthly instalment the remaining years: €722.64 and a final instalment of €722.80. Arrangement fee: €500.00. Total interest: €64,462.24. Interest rate during the first 3 years: 2.30%. (36 months). Monthly instalments. After the first three years, the interest will be variable and will be reviewed annually. Interest rate for the remaining yearly periods: 12-month Euribor (2.747% BOE 05.05.2026) + a spread of 0.50%. Total amount payable €227,054.65. Total cost: €77,054.65. This example has been calculated on the assumption that the interest rates applicable after the first review will never be lower than the initial rate.
The variable APR was calculated taking into account:
- Arrangement of life insurance for the value of €150,000.00 for 25 years for a 30-year-old person. Annual premium of €164.29. Renewable annual insurance.
- Arrangement of home insurance for the value of €100,000 for the structure and €30,000.00 for the contents, with an estimated annual premium of €306.44. Renewable annual insurance.
- Appraisal fee: €283.93.
The interest rate is subject to the arrangement of the following products with Bankinter:
- Salary Account, Business Account or Non-Salary Account (discount of 0.30 percentage points).
- Life insurance covering the full mortgage amount, arranged with Bankinter Seguros de Vida S.A. de Seguros y Reaseguros (discount of 0.60 percentage points).
- Comprehensive home insurance with a minimum content coverage of €30,000.00 and structure coverage at least equivalent to the appraisal value of the property for insurance purposes, pursuant to Order ECO805/2003 of 27 March, arranged with Generali Seguros y Reaseguros, S.A.U. and brokered by Bankinter, S.A., Operador de Banca-Seguros (discount of 0.30 percentage points).
- Pension plan/EPSV: Have a pension plan/EPSV in place with Bankinter Seguros de Vida, belonging to Bankinter, S.A. Group, valid for the entire mortgage term and make a minimum annual contribution of €600.00 (discount of 0.10 percentage points).
Compliance with eligibility for discounts will be reviewed annually.
These products are optional for the customer, but if they are not arranged the rate for the fixed period and the spread for the variable period will be increased by the percentage points corresponding to the sum of each of the products not arranged. Therefore, if none of the conditions are met: Variable APR: 4.66%. Monthly instalment the first 3 years: €759.00. Monthly instalment the remaining years: €829.60 and a final instalment of €829.82. Arrangement fee: €500.00. Total interest: €96,338.62. Interest rate during the first 3 years: 3.60%. (36 months). Monthly instalments. After the first three years, the interest will be variable and will be reviewed annually. Interest rate for the remaining yearly periods: 12-month Euribor (2.747% BOE 05.05.2026) + a spread of 1.80%. Total amount payable €252,486.78. Total cost: €102,486.78. This variable APR has been calculated on the basis of arranging damage insurance policy for the mortgaged property for the value of €100,000.00, as required by law and which may be arranged with Bankinter or a different provider, with an estimated annual premium of €167.96, in addition to an annual maintenance fee of €45.00 for the current account required for collection of the instalments, the arrangement fee of €500.00 and an appraisal fee of €324.16.
The monthly instalments (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 instalments in the transaction, minus 1, all multiplied by the principal 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 repayment amount (the result of subtracting the interest from the instalment).
The following assumptions have been taken into account when calculating the Variable APR:
1. The variable APR has 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 variable APR that is not quantifiable when the calculation is being made, the variable APR will be calculated based on the premise that the debit rate and other costs will remain unchanged with regard to the level set at the time the agreement was signed.
3. The calculation has been made on the assumption that the benchmark rate and spread will not vary. Therefore, the variable APR may vary with interest rate reviews, and may also vary depending on the mortgage amount and term. These variable APRs have been calculated on the assumption that no cancellation, either partial or total, will occur throughout the duration of the mortgage. The variable APR does not include the costs that the customer/borrower would have to pay for any breach of their obligations pursuant to 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 the liability of any other parties involved in the transaction will extend to all of their current and future assets.
Offer valid until - or until the total amount offered (€750 million) has been reached.
The loan amount may not exceed 80.00% of the lower of the 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.
The following assumptions have been taken into account when calculating the Variable APR:
The variable APR has 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.
For mortgage agreements with clauses that allow for adjustments to the debit rate and, where applicable, to the costs included in the variable APR that is not quantifiable when the calculation is being made, the variable APR will be calculated based on the premise that the debit rate and other costs will remain unchanged with regard to the level set at the time the agreement was signed.
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.
The interest rate is subject to the arrangement of the following products with Bankinter:
- Salary Account, Business Account or Non-Salary Account (discount of 0.30 percentage points).
- Life insurance covering the full mortgage amount, arranged with Bankinter Seguros de Vida S.A. de Seguros y Reaseguros (discount of 0.60 percentage points).
- Comprehensive home insurance with a minimum content coverage of €30,000.00 and structure coverage at least equivalent to the appraisal value of the property for insurance purposes, pursuant to Order ECO805/2003 of 27 March, arranged with Generali Seguros y Reaseguros, S.A.U. and brokered by Bankinter, S.A., Operador de Banca-Seguros (discount of 0.30 percentage points).
- 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 eligibility for discounts will be reviewed annually.
The loan amount may not exceed 80% of the lower of the two values: purchase price or appraised value of the property, and up to 60% for second homes.
The following assumptions have been taken into account when calculating the Variable APR:
The variable APR has 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.
For mortgage agreements with clauses that allow for adjustments to the debit rate and, where applicable, to the costs included in the variable APR that is not quantifiable when the calculation is being made, the variable APR will be calculated based on the premise that the debit rate and other costs will remain unchanged with regard to the level set at the time the agreement was signed.
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.
The loan amount may not exceed 80% of the lower of the two values: purchase price or appraised value of the property, and up to 60% for second homes.
Below is an example of variable APR calculated for a mortgage offered by Bankinter, S.A., based on the following characteristics:
Mortgage amount: €150,000. Mortgage term: 25 years (300 monthly instalments). Variable APR: 3.62%. Monthly instalment the first 3 years: €657.92. Monthly instalment the remaining years: €722.64 and a final instalment of €722.80. Arrangement fee: €500.00. Total interest: €64,462.24. Interest rate during the first 3 years: 2.30%. (36 months). Monthly instalments. After the first three years, the interest will be variable and will be reviewed annually. Interest rate for the remaining yearly periods: 12-month Euribor (2.747% BOE 05.05.2026) + a spread of 0.50%. Total amount payable €227,054.65. Total cost: €77,054.65. This example has been calculated on the assumption that the interest rates applicable after the first review will never be lower than the initial rate.
The calculation has been made on the assumption that the benchmark rate and spread will not vary. Therefore, the variable APR may change with interest rate reviews, and may also vary depending on the mortgage amount and term. These variable APRs have been calculated on the assumption that no cancellation, either partial or total, will occur throughout the duration of the mortgage. The variable APR does not include the costs that the customer/borrower would have to pay for any breach of their obligations pursuant to the agreement.
The variable APR was calculated taking into account:
- Arrangement of life insurance for the value of €150,000.00 for 25 years for a 30-year-old person. Annual premium of €164.29. Renewable annual insurance.
- Arrangement of home insurance for the value of €100,000 for the structure and €30,000.00 for the contents, with an estimated annual premium of €306.44. Renewable annual insurance.
- Appraisal fee: €324.16.
The interest rate is subject to the arrangement of the following products with Bankinter:
- Salary Account, Business Account or Non-Salary Account (discount of 0.30 percentage points).
- Life insurance covering the full mortgage amount, arranged with Bankinter Seguros de Vida, S.A. de Seguros y Reaseguros (discount of 0.60 percentage points).
- Comprehensive home insurance with a minimum content coverage of €30,000.00 and structure coverage at least equivalent to the appraisal value of the property for insurance purposes, pursuant to Order ECO805/2003 of 27 March, arranged with Generali Seguros y Reaseguros, S.A.U. and brokered by Bankinter, S.A., Operador de Banca-Seguros (discount of 0.30 percentage points).
-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 eligibility for discounts will be reviewed annually.
The monthly instalments (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 instalments in the transaction, minus 1, all multiplied by the principal pending repayment ("interest" is understood to be the offered NIR divided by 12). The resulting instalment includes the amount corresponding to the interest (result of dividing the interest rate by 12, multiplied by the outstanding principal) and the repayment amount (result of subtracting the interest from the instalment).
Offer valid until -.
Below is an example of a variable APR calculated for a mortgage offered by Bankinter, S.A., based on the following characteristics:
Variable APR: 4.66%. Monthly instalment the first 3 years: €759.00. Monthly instalment the remaining years: €829.60 and a final instalment of €829.82. Arrangement fee: €500.00. Total interest: €96,338.62. Interest rate during the first 3 years: 3.60%. (36 months). Monthly instalments. After the first three years, the interest will be variable and will be reviewed annually. Interest rate for the remaining yearly periods: 12-month Euribor (2.747% BOE 05.05.2026) + a spread of 1.80%. Total amount payable €252,486.78. Total cost: €102,486.78. This variable APR has been calculated on the basis of arranging damage insurance policy for the mortgaged property for the value of €100,000.00, as required by law and which may be arranged with Bankinter or a different provider, with an estimated annual premium of €167.96, in addition to an annual maintenance fee of €45.00 for the current account required for collection of the instalments, the arrangement fee of €500.00 and an appraisal fee of €324.16.
The calculation has been made on the assumption that the benchmark rate and spread will not vary. Therefore, the variable APR may change with interest rate reviews, and may also vary depending on the mortgage amount and term. These Variable APRs have been calculated on the assumption that no cancellation, either partial or total, occurs throughout the duration of the mortgage. The variable APR does not include the costs that the customer/borrower would have to pay for any breach of their obligations pursuant to the agreement.
The monthly instalments (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 instalments in the transaction, minus 1, all multiplied by the principal 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 repayment amount (the result of subtracting the interest from the instalment).
Offer valid until -.