Efficient home mortgage
For thinking of everyone, for treating us well.
When you buy or build an energy-efficient home, everyone wins.
Help the planet
A mortgage that rewards your commitment to sustainability.Free simulation and tailor-made offer.
Calculate your monthly payment in just 3 minutes and receive a personalised quote, with no commitment.Personal manager
You will always have the help and assistance of a personal manager.
How do you know if your home is energy efficient?
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Renovated home
Appraisal report with energy rating A or B.
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Used home
Appraisal report with energy rating A or B
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Newly built home
Appraisal report with energy rating A.
You can improve the interest rate on your mortgage by meeting certain conditions.
Some Bankinter products reduce and improve the interest rate on your mortgage. There's no obligation to arrange them, but you'll pay less for your mortgage if you do:
- Opening a Salary Account, Business Account or Non-Salary Account (discount of 0.30 percentage points).
- Life insurance covering the full mortgage amount (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).
- and/or Pension Plan/EPSV (discount of 0.10 percentage points).
Compliance with eligibility for discounts will be reviewed annually.
No commitment
Without adding anything to your mortgage
Management, registration, notary expenses and stamp duty.
Applying for your mortgage is really easy, with just three simple steps.
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Calculate your mortgage
Just enter the amount and term to find out your monthly repayment and taxes, etc. for the different types of mortgages.
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Request your personalised offer
We'll ask you for some additional information so that we can put together a detailed offer that suits your circumstances.
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Signed
When we send you your personalised offer, we'll tell you which documents you need to provide for that long-awaited moment: signing on the dotted line.
Frequently asked questions about the Bankinter Efficient Home Mortgage
What is the energy rating of a home?
The energy rating is a label that indicates the level of energy efficiency of a property. It's like a "User Manual" that explains in detail how much energy a house consumes and how sustainable it is.
How does energy rating work?
- Scale from A to G: Energy efficiency is classified on a scale ranging from A (most efficient) to G (least efficient).
- Energy consumption: A home with an A rating consumes much less energy than one with a G rating, which translates into lower costs for heating, cooling, hot water, etc.
- CO2 emissions: In addition to energy consumption, the amount of carbon dioxide (CO2) emitted by the home is also taken into account. Homes with better ratings generate fewer emissions and contribute to reducing environmental impact.
Why is the energy rating of a home important?
- Economic savings: By using less energy, you can save money on your bills.
- Comfort: An efficient home will provide you with a more comfortable and healthier environment.
- Property valuation: Homes with good energy ratings usually have a higher market value.
- Environment: You contribute to reducing greenhouse gas emissions and combating climate change.
What factors influence the energy rating?
- Insulation: The better insulated the building is, the less energy will be lost.
- Heating and cooling: The efficiency of heating and cooling systems is key.
- Windows: Double- or triple-glazed windows are more efficient than single-glazed windows.
- Lighting: Using LED bulbs and taking advantage of natural light reduces consumption.
- Appliances: Energy-efficient appliances also play a role.
How do you obtain the energy rating?
The energy rating is carried out by a competent technician who conducts a study of the building and calculates its energy consumption. The result is reflected in a certificate that is valid for 10 years.
What can you do to improve the energy rating of your home?
- Insulate: Improve the insulation of walls, ceiling and floor.
- Change windows: Install double- or triple-glazed windows.
- Upgrade the heating: Replace the old boiler with a more efficient one.
- Install solar panels: Produce your own energy and reduce your dependence on the power grid.
- Use efficient appliances: Replace old appliances with energy-efficient models.
Why is it important to buy a house with a good energy rating?
Buying a house with a good energy rating is a very smart decision for several reasons:
Economic benefits:
- Savings on bills: A home with a high rating uses less energy, which translates into lower electricity, gas and water bills.
- Higher resale value: Energy efficient homes typically have a higher market value and sell faster.
Environmental benefits:
- Emissions reduction: By consuming less energy, you help reduce greenhouse gas emissions and combat climate change.
- Sustainable housing: You are part of the solution to create a more sustainable and environmentally friendly future.
Benefits for your health:
- Better air quality: A well-insulated and ventilated home has better indoor air quality, which can reduce respiratory problems and allergies.
- Greater comfort: You will enjoy a more stable and uniform temperature in all rooms, without any cold or hot spots.
Other benefits:
- Energy independence: By installing solar panels or other renewable energies, you can further reduce your dependence on the power grid.
- Regulatory compliance: Regulations are becoming more stringent regarding energy efficiency, so a house with a good rating meets current and future standards.
In a nutshell,
Buying a home with a good energy rating is a long-term investment that will benefit you and the planet. It is a smart decision both economically and environmentally.
What is the maximum and minimum amount I can request?
The loan amount may not exceed 80% of the lower of the property's purchase value or appraisal value for primary residences and 60% for second homes.
The minimum is 60,000 euros.
How long are these conditions valid for?
Offer valid until or the amount offered is reached (25 million euros for Fixed-Rate Mortgages and 750 million euros for Variable-Rate Mortgages). The mortgage is provided subject to the application being approved by Bankinter, S.A.
Who can apply for a fixed/variable mortgage?
Exclusive conditions for individuals who are resident in Spain and looking to buy their primary residence or second home. For holders with a monthly income of more than €2,500.
At Bankinter, we help you understand the small print that is so hard to read. We set it out with representative examples.
Important information
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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 amount repayable (the result of subtracting the interest from the instalment).
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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. The variable APR has been calculated under the premise that there will be no partial or total cancellation during the time the credit facility is in place. 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.
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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 - 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.