Young Dual Mortgage 90
You set the rules: combine fixed and variable interest in the same instalment!
Calculate new mortgage Bring my mortgage from another bank
No, no. No, it's not a mixed-rate mortgage.
You set the rules: you decide which part you want fixed and which part variable
Content You set the rules: you decide which part you want fixed and which part variable50 and 50, 30 and 70... The Dual Mortgage allows you to combine them however you choose at the outset, because you are in the driving seat.
Repay when you want and against the section of your choice.
Content Repay when you want and against the section of your choice.If you decide to make an early repayment, you can decide which section to make the repayment on, the fixed or variable part, whichever most interests you at the time.
Do you choose a fixed rate or a variable rate?
That's the eternal question. If you choose a Dual Mortgage, you don't have to choose between a fixed or variable rate, softening the possible negative impact of changes in interest rates.
Maybe not now, but could you save while you pay your mortgage?
Think in the long term: you'll be able to make repayments if either of the two tranches becomes unfavourable.
Do the maths with our calculator to find out what you can afford.
These are the conditions to apply for our Youth Dual Mortgage:
- Be under 36 years old and live in Spain.
If there is more than one holder, only one of you needs to meet this requirement. - The loan must be for the purchase of the primary residence.
A loan that you can repay in up to 30 years. - A minimum joint income of all holders of €2,000/month.
When a question arises, a conversation begins. Shall we talk?
Would you like us to give you a call?
I would rather call you
From 8:00 to 18:00 Monday to Friday.Would you prefer to come into one of our branches and chat face to face?
Don't think twice.
How does the mortgage request process work?
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.
What's the difference between the Mixed Mortgage and the Dual Mortgage?
With the mixed mortgage, you don't pay a fixed interest rate and a variable rate at the same time, but rather a fixed rate for the first few years and then a variable rate for the remaining years You can choose the number of years for the initial period at the fixed rate, and then you will pay a variable rate for the remaining years.
With the dual mortgage, each monthly instalment includes both rates of interest. You can personalise the proportion of the monthly payment at fixed-rate conditions and the proportion at variable-rate conditions, depending on what suits you best.
As with any other mortgage, you take out just one loan.
We will set up a loan with a single deed and a single register entry.
You choose the percentages to be allocated to each section when you arrange the loan.
When you take out the loan, you decide the different percentages to be maintained for the duration of the loan. These cannot be changed unless you make early repayments.
You can make early repayments on the section of your choice.
This is one of the advantages of the dual loan: you can choose to repay the section that best suits you: fixed-rate, variable-rate or both.
The expenses are the same as those applicable to a traditional mortgage.
The expenses that you assume as a customer are exactly the same as the expenses inherent to any other mortgage.
As part of each month's instalment, you will receive a breakdown of the amount corresponding to each section.
As just one loan, only a single, indivisible charge is made to the same account, but, to help you control your expenditure, it is clearly itemised.