01
Loan amount
Property price minus your deposit. LTV is loan ÷ price.
Calculators
Mortgage calculator: payment, LTV and costs
Enter price, deposit, term and rate. You get a French-system monthly payment, loan amount and a regional tax estimate. Indicative only — real offers depend on lenders and your profile.
Tax in this region: ITP 6.00 %€16,800 · MadridUpdates transfer tax / stamp duty (costs). Monthly payment does not depend on the region.
Indicative only. Not a binding offer. French system (Banco de España).
Result
Monthly payment
€920/mes
- Loan
- €224,000
- LTV
- 80 %
- Total interest
- €107,345
- Total repayable
- €331,345
Purchase costs (indicative) · Madrid
- Tax (ITP 6.00 %)
- €16,800
- Notary
- €600
- Land registry
- €400
- Admin fees
- €400
- Valuation
- €450
- Total costs
- €18,650
- Deposit + costs (approx.)
- €74,650
Indicative calculation. Not a binding offer. Excludes bonuses, insurance and arrangement fees. The official APR (TAE) appears on the bank’s FEIN.
Method
How we calculate the payment
We use the French amortisation system (level monthly payments while the nominal rate is unchanged), the same approach documented by Banco de España. Monthly interest = (outstanding balance × annual TIN %) ÷ 1,200.
- 02
TIN, not APR
We use the nominal rate (TIN). APR/TAE adds fees — only a bank FEIN is binding.
- 03
Purchase costs
Transfer tax (resale) or 10% VAT + stamp duty (new build), plus notary, land registry, agency and valuation estimates. Regional rates reviewed 2026-11-04.
Worked example
Resale home in Madrid at €280,000, deposit €56,000, 30 years at 2.8% fixed TIN.
- Payment
- €920/mes
- Loan
- €224,000
- LTV
- 80 %
- Total interest
- €107,345
Indicative purchase costs (Madrid ITP 6%): €18,650
| Month | Payment | Interest | Principal | Balance |
|---|---|---|---|---|
| 1 | €920.40 | €522.67 | €397.74 | €223,602.26 |
| 2 | €920.40 | €521.74 | €398.66 | €223,203.60 |
| 3 | €920.40 | €520.81 | €399.60 | €222,804.00 |
| 4 | €920.40 | €519.88 | €400.53 | €222,403.48 |
| 5 | €920.40 | €518.94 | €401.46 | €222,002.01 |
| 6 | €920.40 | €518.00 | €402.40 | €221,599.61 |
| 7 | €920.40 | €517.07 | €403.34 | €221,196.28 |
| 8 | €920.40 | €516.12 | €404.28 | €220,792.00 |
| 9 | €920.40 | €515.18 | €405.22 | €220,386.78 |
| 10 | €920.40 | €514.24 | €406.17 | €219,980.61 |
| 11 | €920.40 | €513.29 | €407.12 | €219,573.49 |
| 12 | €920.40 | €512.34 | €408.07 | €219,165.43 |
Mortgage FAQ
Payment questions. Straight answers.
What this calculator does, what it does not promise, and how we read TIN vs APR. If your case doesn’t fit here, we review it in the viability study.
No. It helps you organise numbers before speaking to a lender or to us. The real payment depends on your file, product ties, valuation and the bank FEIN.
Next step
Send us your case. We’ll say what’s viable.
We run your deal past 20+ lenders and come back with named figures. Written fee quote before we start. You decide with information, not pressure.
All mortgages →Madrid · Zaragoza · Valencia · Palma