New Variable Mortgage

The entire process is 100% online and comes with expert guidance. Here are the steps:

• 1. Try our free simulator and calculate your monthly repayment.
  Use our free simulator to easily calculate how much you can borrow and how long it will take you to pay it back. You'll have all the information in just 3 minutes. Free, no registration required and no commitment.
  You'll find out the amount of your monthly instalments, the interest rate, the associated expenses... Everything you need to know about your mortgage.
• 2. Receive your personalised quote
  The next step, also with no commitment, is to ask us for a quote that is 100% tailored to your actual circumstances. All online, no need to go anywhere. With your actual details, the quote may be better than the simulation and could even give you a pleasant surprise.
• 3. Expert guidance and digital signature
  With your personalised offer and the support of an expert, you can decide which mortgage best suits you. We'll be by your side throughout the entire process: We'll tell you what documents you need and guide you through the digital signing of your mortgage.
  If you're not yet a customer, we’ll open an account for you completely free of charge to manage your mortgage.

Offer valid until -- or until the total amount offered (750 million euros) has been reached. The mortgage is provided subject to the application being approved by Bankinter, S.A.

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.

Ask about our conditions for foreigners and non-residents. Should we call you?

Consult our mortgage subrogation simulator. You can assess and compare, at a glance, the cost of your current mortgage with Bankinter's different options. With no commitment. All we need are a few simple details.

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.

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 customer pays the appraisal cost and the arrangement fee of 500 euros.

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 Euro Interbank Offered Rate.

European banks lend money to each other for which they pay interest. These loans can have different terms. The average of the interest rates offered by European banks is calculated and that is the Euribor. However, only 44 of Europe's biggest banks - the main ones - are involved in the process.

The Euribor for each term is published daily at 11 o'clock in the morning. Previously banks had to report their interest rates over the previous 24 hours, and the arithmetic mean of these rates was taken, eliminating the highest 15% and the lowest 15% to give the Euribor for each term. 

The NIR is the nominal interest rate, which is the fixed percentage agreed for borrowing money. It provides the basis for calculating the APR, so it's important. However, it's not a good basis for comparing loans because it's not necessarily annual and it doesn't take into account costs, etc.

The APR, or annual percentage rate, unlike the NIR or nominal interest rate, considers the expenses and fees associated with the loan or credit. It is, therefore, the most useful benchmark for comparing mortgages of the same type and term.

The interest rate varies depending on the term you choose and the discounts applied.

The following products are optional. However, if they are not included the rate applied will be increased by the percentage points corresponding to the sum of each of the products not included.

• 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).
• Seguro Multirriesgo Hogar with 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, taken out with Liberty Seguros, Compañía de Seguros y Reaseguros, S.A. and brokered by Bankinter, S.A., Operador de Banca-Seguros (discount of 0.30 percentage points).
• Pension plan/voluntary pension scheme: 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).

Checks will be made each year to ensure that the requirements for receiving the discount have been fulfilled.

The bank will usually request the following information: the ID number of the applicant(s) for the mortgage loan, the deeds of other properties owned, the personal income tax return for the last year, the deposit contract or deposit, if it has already been signed, etc. And the best thing is that you can simulate your mortgage and ask us for a personalised offer. One of our managers will help you in this process and will ask you for the documents needed in your case. Help will be available at all times.

We offer optional products and services as a package for the customer when arranging the mortgage. If the customer does not want these combined products and services, the spread or interest rate increases, depending on whether it is a variable- or fixed-rate mortgage.