Estimate your Spanish mortgage repayment and affordability.

Spanish mortgage rate bands for non-residents (reviewed July 2026)

12-month Euribor reference reading

2.954%Official monthly average of 12-month Euribor published by the Banco de España — official mortgage market reference rates, published in the Boletín Oficial del Estado, for August 2026. The reference Spanish variable mortgages reset against.

Fixed rate — non-resident

2.80% – 3.90%Nominal fixed rate (TIN) on 10–25 year non-resident products. Prime private-bank files price at the lower bound or below.

Mixed product initial period — non-resident

2.50% – 3.40%Fixed initial period of 3, 5 or 10 years on a mixed (tipo mixto) product, reverting afterwards to 12-month Euribor plus the lender margin.

Variable lender margin (differencial) over 12-month Euribor

0.90% – 1.75%Margin added to 12-month Euribor on variable non-resident products, resetting every 6 or 12 months. Bonificaciones can reduce the margin further.

Non-resident premium over resident pricing

0.20% – 0.50%Typical uplift a non-resident file carries over an equivalent Spanish-resident file on the same lender and profile.

Calculator default rate

3.35%Mid-point of the published non-resident fixed band (2.80% – 3.90%), used as the starting rate in the Spanish mortgage calculator.