MORTGAGES


At Moreno Schmidt we are able to provide help and advice on mortgages and work with all major banks, such as: CAJA MURCIA, BANCO SANTANDER, BANCAJA, CAJAMAR, BANESTO, CAM BANK  and DEUTSCHE BANK.

The table below can be used to calculate the average monthly repayment of a typical mortgage loan.

1000.-€-€ 15 años 20 años 25 años 30 años
3,00% 6,90 €/mes 5,55 €/mes 4,74 €/mes 4,22 €/mes
3,50% 7,15 €/mes 5,80 €/mes 5,06 €/mes 4,49 €/mes
4,00% 7,40 €/mes 6,06 €/mes 5,28 €/mes 4,77 €/mes

Select the term and interset rate, then multiply the figure shown in the table by 150. For example, a 25 year mortgage at 3.5% per annum would cost 759 euros ( 5.06 x 150 )

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