Calculate the expenses of your new home and compare for free with your current home.
URB. SANTA MARÍA
Your next monthly expense:
NaN €
Interest
302 €
Amortization / month
NaN €
Monthly Expenses
0 €
iVarious monthly expenses. 'Some homes include monthly expenses like community, garbage, water...'
The down payment is the amount of cash you provide in advance as part of your mortgage payment. Banks require a deposit of at least 20% to 30% of the price of the property, but there is no upper limit to the amount you can provide as a deposit. Banks make an assessment of the household's ability to pay.
30%
Your mortgage should not exceed 70% of the price of the property, the last 30% being your cash down payment. In some cases, banks lend more than 70% of the price of the property when assessing the household's ability to pay.
Choose the interest rate you want for your mortgage. You can find more information about the interest rate you can get on your mortgage from your bank. Tip: Try a slightly higher interest rate to calculate if your household can handle a future change in interest rate levels.
The amortisation is the monthly payment on your mortgage. It is the amount paid together with the interest rate. Normally, amortisation is linear and lasts between 10 and 30 years.
0.28%
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Compare with your current home
Your current monthly expense:
1200 €
Rent / month
1000 €
Monthly Expenses
200 €
Various monthly expenses. 'Some homes include monthly expenses like community, garbage, water...'