Spanish Purchase Mortgage
Lowest non-resident Spanish mortgage rates (Summer 2010)
Capital and repayment mortgage rates
- 50% of purchase price or lower = 1.86%
- 55% of purchase price or lower = 2.20%
- 60% of purchase price or lower = 2.36%
- 70% of purchase price or lower = 2.36%
Interest only Spanish mortgage rates
- 50% of purchase price or lower = 2.465%
- 55% of purchase price or lower = 2.51%
- 60% of purchase price or lower = 2.56%
- 70% of purchase price or lower = N/A
Fixed rate Spanish mortgages
- Capital and repayment up to 5 years = 3.20%
- Capital and repayment up to 15 years = 4.35%
- Capital and repayment up to 20 years = 4.45%
- Capital and repayment up to 25 years = 4.45%
Some of our market leading Spanish mortgage products:
Product 1
- Up to 100% of purchase price
- Applicable on Distressed developer property
- Applicable on Spanish repossession inventory
- Rates from 1.86%
Product 2
- Up to 70% of purchase price
- 70% of valuation
- Rates from 2.36%
Product 3
- Up to 60% of purchase price
- 60% of valuation
- Rates from 2.26%
- 5 years Interest only option
Product 4
- Up to 60% of purchase price
- Very high income multipliers in comparison to other banks
- Rates from 2.76%
- Interest only option
Product 5
- Up to 65% of purchase price
- 65% of valuation
- Rates from 2.36%
- Or rate fixed at 3.20% for 5 years and then Euribor + 0.49% (Market leader in Spain)
- 2 years Interest only option
