The interest rate varies depending on the term chosen:
Up to 10 years | 1.60% NIR | 1.98% APR1 variable.
Up to 15 years | 1.75% NIR | 2.29% APR2variable.
Up to 20 years | 1.80% NIR | 2.45% APR3 variable.
The variable interest rate for the remaining years will be the Euribor + 0.99% in all cases.
This spread is maintained throughout the life of the mortgage, providing that these terms and conditions are met:
Payroll Account, Business Account or non-payroll account (discount of 0.50 percentage points).
Life insurance for 100% of the amount of the mortgage loan, contracted 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 Línea Directa Asegurada, S.A and brokered by Bankinter, S.A., Operador de Banca-Seguro (discount of 0.10 percentage points).
Pension Plan/EPSV: To have contracted a pension plan/EPSV and to keep it in effect for the entire term of the loan, with the company Bankinter Seguros de Vida (a Bankinter, S.A. Group company), and to make a minimum annual contribution to that plan of €600 (discount of 0.10% percentage points).
Arranging the products as described above is entirely optional for the customer. The aforementioned rate will be increased by the corresponding percentage points for each of these products that is not arranged.