Spanish Mortgage Calculator

Are you planning to buy property in Spain and wondering about your mortgage payments? Our Spanish Mortgage Calculator is here to help you estimate your monthly payments based on the loan amount, interest rate, and loan term.

Formula: The calculator uses the following formula to calculate the monthly mortgage payment: �=�⋅�(1+�)�(1+�)�−1M=P⋅(1+r)n−1r(1+r)n​ Where:

  • M is the monthly payment.
  • P is the loan amount.
  • r is the monthly interest rate (annual rate divided by 12).
  • n is the total number of payments (loan term in years multiplied by 12).

How to Use:

  1. Enter the loan amount in euros.
  2. Input the annual interest rate as a percentage.
  3. Specify the loan term in years.
  4. Click the “Calculate” button to get your estimated monthly mortgage payment.

Example: Suppose you want to take a mortgage of €200,000 at an annual interest rate of 3.5% for a term of 20 years. After entering these values and clicking “Calculate,” you’ll find the estimated monthly payment.


  1. Q: Can I use this calculator for any currency other than euros?
    • A: No, this calculator is specifically designed for calculating mortgage payments in euros.
  2. Q: Is the interest rate entered monthly or annually?
    • A: The interest rate should be entered annually.

Conclusion: Our Spanish Mortgage Calculator provides a quick and easy way to estimate your monthly mortgage payments. Whether you are a potential homebuyer or just curious about your potential financial commitment, this calculator can help you plan more effectively. Use it wisely and make informed decisions about your mortgage in Spain.

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