At Moreno Schmidt we are able to provide help and advice on mortgages and work with all major banks, such as: Caixa Bank, Banco Mare Nostrum (BMN), Santander, Deutsche Bank, Bankia, Banco Sabadell (Solbank) y Banesto.
The table below can be used to calculate the average monthly repayment of a typical mortgage loan.
Mortgage Rates
| 1000€ | 15 years | 20 years | 25 years | 30 years |
| 3.00% | 6.90 €/month | 5.55 €/month | 4.74 €/month | 4.22 €/month |
| 3.50% | 7.15 €/month | 5.80 €/month | 5.06 €/month | 4.49 €/month |
| 4.00% | 7.40 €/month | 6.06 €/month | 5.28 €/month | 4.77 €/month |
Select the term and interest rate, then multiply the figure shown in the table by 150. For example, a 25 years mortgage at 3.5% per annum would cost 759 euros ( 5.06 x 150 )