Spanish Mortgage Calculator

Work out your monthly repayment and the real upfront cost of buying a new-build on the Costa Blanca — deposit, IVA, stamp duty, notary and legal fees all included. Built for non-resident buyers.

€300,000
€120,000 · loan €180,000

Non-residents usually need 30–40% (banks lend 60–70% LTV).

3.50%

Spanish non-resident fixed rates are around 3–4% in 2026.

25 years

Most non-resident mortgages cap at 25–30 years (to age ~75).

Estimated monthly repayment
€901
Loan amount€180,000
Deposit€120,000
Total interest over term€90,337
Total repaid€270,337
Upfront purchase costs (new build, Valencia)
IVA (VAT 10%)€30,000
AJD stamp duty (1.5%)€4,500
Notary, registry & legal (~1.5%)€4,500
Purchase costs total€39,000
Total cash needed (deposit + costs)€159,000
Check what you can borrow →

Free, no-obligation mortgage check via our partner Habeno.

Estimates only, not a mortgage offer or financial advice. Rates, taxes and lending criteria vary by bank, region and personal circumstances. New-build purchase costs shown for the Valencian Community; Murcia differs slightly.

Spanish mortgages — FAQ

How much deposit do I need for a Spanish mortgage as a non-resident?+

Spanish banks typically lend non-residents 60–70% of the property value, so you should budget for a deposit of 30–40%. On top of the deposit you also need around 12–13% of the price for purchase costs (IVA, stamp duty, notary, registry and legal fees) on a new build.

What are the total costs of buying a new-build on the Costa Blanca?+

For a new-build in the Valencian Community, budget roughly 13% on top of the price: 10% IVA (VAT), 1.5% AJD (stamp duty) and around 1.5% for notary, land registry and legal fees. The calculator above adds these to your deposit to show the total cash you need.

What interest rate will I pay on a Spanish mortgage in 2026?+

Non-resident fixed rates on the Costa Blanca are around 3–4% in 2026, with variable rates tracking Euribor plus a margin. Your exact rate depends on the bank, your income profile and the loan-to-value.

How long can a non-resident mortgage term be?+

Most non-resident mortgages run 20–30 years and must usually be repaid by around age 75, which can shorten the maximum term for older borrowers.

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