Spanish Bridging Cost Calculator
Work out the total cost to exit a Spanish bridging loan.
Enter the cash you need, the monthly rate and how long you expect to hold the facility. The calculator grosses the loan up for retained interest and fees, then shows the redemption figure, the total cost to exit and the annualised cost of capital.
In short
How do you calculate the cost of a Spanish bridging loan?
Total cost of a Spanish bridge is the monthly interest rate — typically 0.7–0.9% — multiplied by the term, plus an arrangement fee of 2%–5% dependent on project scenario, plus valuation, legal and notary costs. The calculator below shows retained, serviced and rolled-up interest side by side.
- Retained interest is deducted up front, reducing the net advance you receive.
- Rolled-up interest compounds into the balance repaid at exit.
- Serviced interest is paid monthly and preserves the full net advance.
- Minimum facility size on this calculator is €200,000.
How much does a bridging loan cost in Spain?
Spanish bridging finance typically costs 0.75%–1.25% per month, plus an arrangement fee of 2%–5% dependent on project scenario and an exit fee of 0%–1%. Legal, valuation (tasación), notary, Land Registry and AJD stamp duty add roughly 1.5%–2.5% more. On a 12-month facility that puts the all-in cost of capital at roughly 13%–20% of the amount drawn.
- • Interest can be retained upfront, serviced monthly or rolled to the exit.
- • Retained interest means no monthly payments but a larger gross facility.
- • Gross LTV, including retained interest and fees, is normally capped at 65%–70%.
- • Most Spanish bridges complete in 2–6 weeks against 8–14 weeks for a mortgage.
Cost assumptions reviewed August 2026
Step 1
The facility
Step 2
Interest treatment & fees
Step 3
Your cost to exit
Gross facility
€697,674
Gross LTV
69.8%
Monthly payment
None
Total interest
€83,721
Arrangement fee
€13,953
Exit fee
€6,977
Legals, tasación, notary & AJD
€13,953
Redemption at exit
€704,651
Gross + rolled interest + exit fee
Annualised cost
19.8%
Total cost to exit
€118,605
Interest, arrangement and exit fees plus third-party costs over 12 months — equal to 19.8% of the €600,000 you receive, or 19.8% annualised.
At the top of market appetite
Above 65% gross LTV the lender pool narrows and pricing steps up. Servicing the interest, or a larger cash contribution, usually brings the gross facility back inside policy.
Your calculator inputs will be pre-filled into a short enquiry form on the next page.
Worked examples
Four real-world Spanish bridging structures
Each example uses the same calculator engine. Load one to see the full breakdown and adjust it to your own transaction.
€600k chain-break, Costa del Sol
Buyer completing on a Marbella villa before their home-country sale closes. 60% LTV, 12 months, retained interest so there is nothing to service during the term.
- Net advance
- €600,000
- Rate / term
- 1.00% pcm · 12 months
- Interest treatment
- Retained (deducted upfront)
- Gross facility
- €697,674
- Gross LTV
- 69.8%
- Total interest
- €83,721
- Fees & third-party costs
- €34,884
- Redemption at exit
- €704,651
Total cost to exit
€118,605
19.8% of net advance · 19.8% annualised
€2m prime Mallorca, serviced
Prime first-charge villa at 55% LTV with strong sponsor liquidity. Interest serviced monthly from cash, which keeps the gross facility and the total cost down.
- Net advance
- €2,000,000
- Rate / term
- 0.85% pcm · 12 months
- Interest treatment
- Serviced (paid monthly)
- Gross facility
- €2,035,623
- Gross LTV
- 56.5%
- Total interest
- €207,634
- Fees & third-party costs
- €74,300
- Redemption at exit
- €2,035,623
Total cost to exit
€281,934
14.1% of net advance · 14.1% annualised
€400k auction purchase, 6 months
Time-critical subasta purchase with a signed mortgage exit six months out. Short term keeps the retained interest deduction small.
- Net advance
- €400,000
- Rate / term
- 1.15% pcm · 6 months
- Interest treatment
- Retained (deducted upfront)
- Gross facility
- €439,078
- Gross LTV
- 62.7%
- Total interest
- €30,296
- Fees & third-party costs
- €19,319
- Redemption at exit
- €439,078
Total cost to exit
€49,616
12.4% of net advance · 24.8% annualised
€5m Madrid mixed-use, rolled
Repositioning play over 18 months with no income during works, so interest rolls up and compounds to the exit. Refinanced onto a term facility on completion.
- Net advance
- €5,000,000
- Rate / term
- 1.00% pcm · 18 months
- Interest treatment
- Rolled (compounds to exit)
- Gross facility
- €5,076,142
- Gross LTV
- 56.4%
- Total interest
- €995,672
- Fees & third-party costs
- €187,817
- Redemption at exit
- €6,097,195
Total cost to exit
€1,183,490
23.7% of net advance · 15.8% annualised
Related reading
Behind the numbers
Cost of Spanish bridging finance
Rate bands by asset and LTV, every fee line, and how pricing is negotiated.
Bridging vs mortgage in Spain
Speed, cost, LTV and eligibility compared side by side.
Exit strategies lenders accept
Sale, refinance and development exit — and how each is underwritten.
Bridging finance in Spain
Our core short-term Spanish property finance service.
Bridging for property purchase
Complete before a mortgage or overseas sale is in place.
Spanish mortgage calculator
Model the term mortgage you will refinance onto at exit.
Frequently asked
Bridging cost questions
How much does a bridging loan in Spain cost?
Spanish bridging typically prices at 0.75%–1.25% per month, plus an arrangement fee of 2%–5% dependent on project scenario and an exit fee of 0%–1%. Adding legal, valuation, notary and AJD stamp duty of roughly 1.5%–2.5%, the all-in 12-month cost of capital usually lands between 13% and 20% of the amount drawn.
What is retained interest and how does it change the cost?
With retained interest the lender deducts the whole term's interest from the gross facility at drawdown, so you make no monthly payments but you receive less cash. To net the same amount you must borrow a larger gross facility, which means interest and the arrangement fee are charged on that larger number. It is the most common structure for non-resident Spanish bridging because it needs no proof of monthly affordability.
What is the difference between retained, serviced and rolled interest?
Retained interest is deducted upfront from the facility. Serviced interest is paid monthly in cash from your own funds, so the gross facility stays smaller and the total interest is lowest. Rolled interest is added to the balance each month and compounds, so it costs the most but requires no cash during the term.
What is the total cost to exit a Spanish bridge?
The cost to exit is the sum of interest over the term, the arrangement fee, any exit fee, and third-party costs (lender and borrower legals, tasación, notary, Land Registry and AJD stamp duty on the loan deed). The redemption figure you must repay on the day is the gross facility plus any rolled interest plus the exit fee.
Is AJD stamp duty included in this calculator?
Yes — it sits inside the third-party costs input, which defaults to 2% of the gross facility. AJD on a Spanish mortgage or bridging deed is typically 1.2%–1.5% of the loan amount and varies by autonomous community, with notary, Land Registry, valuation and legal fees making up the balance.
Can the fees and interest be added to the loan?
In most cases yes. Lenders will usually capitalise the arrangement fee and retained interest within the gross facility, provided the gross loan stays inside the LTV policy — typically 65%–70% of open-market value for Spanish bridging.
Is this calculator an offer of finance?
No. It is an indicative estimate based on the values you enter. Actual pricing depends on the asset, LTV, charge position, sponsor profile and the strength of your exit. Any Spanish bridging facility requires a full application, a tasación and lender credit approval.
Where we cover
16 covered locations across Spain
We facilitate non-resident mortgages and bridging finance across mainland Spain, the Balearics and the Canary Islands. Select a location to explore the local guide.
Success stories by region
- MadridCentral Spain
- BarcelonaCatalonia
- Girona / Costa BravaCatalonia
- ValenciaValencian Community
- Costa BlancaAlicante coast
- JáveaAlicante coast
- SevilleAndalucía (west)
- Málaga CityCosta del Sol
- Costa del SolAndalucía coast
- MarbellaCosta del Sol
- EsteponaCosta del Sol
- SotograndeCosta del Sol
- MallorcaBalearic Islands
- MenorcaBalearic Islands
- IbizaBalearic Islands
- Canary IslandsAtlantic
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