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Spain Mortgage Calculator

Average mortgage rate: 3.5% • Average home price: 195,000

🇪🇸 Mortgage Details

Spain Mortgage Market Guide

The average mortgage interest rate in Spain is currently around 3.5%. The average home price is 195,000.

When buying a home in Spain, most banks require a down payment of 10-20% of the property value. Mortgage terms typically range from 15 to 30 years. The currency used for transactions is EUR ().

Tips for Spain Home Buyers

  • Compare mortgage rates from multiple lenders
  • Consider fixed vs variable rate mortgages
  • Factor in property taxes, insurance, and maintenance costs
  • Check eligibility for first-time buyer programs in Spain
  • Current average loan rate for personal loans: 6%