Spain Mortgage Calculator
Enter the loan amount, interest rate, and term to get your Spain mortgage (hipoteca) monthly payment, total interest, and a year-by-year amortization schedule.
Use the Spain Mortgage Calculator
Loan Details
For a variable-rate hipoteca (Euribor + margin), enter the current combined rate as a snapshot; the real payment will change when the rate resets.
Enter a loan amount to see your hipoteca breakdown.
Monthly Payment (cuota)
€0.00
fixed for the full term
Loan Amount
€0.00
Total Interest
€0.00
Total Repaid
€0.00
| Detail | Value |
|---|---|
| Monthly payment (cuota) | — |
| Number of payments | — |
| Total interest over the term | — |
Year-by-Year Amortization Schedule
| Year | Principal Paid | Interest Paid | Remaining Balance |
|---|
Summary
This calculator estimates the monthly payment on a Spanish mortgage (hipoteca) using the sistema frances, the equal-installment amortization method Spanish banks use for both fixed-rate (fija) and variable-rate (variable) loans. Enter the loan amount, the annual interest rate (TIN) your bank quotes, and the term in years to see the fixed monthly cuota, the total interest over the life of the loan, and a year-by-year breakdown of principal, interest, and remaining balance.
How it works
- Enter the total loan amount (capital) you plan to borrow, in euros.
- Enter the annual interest rate (TIN) quoted by your bank.
- Choose the loan term in years.
- The calculator applies the sistema frances amortization method, producing one fixed monthly payment for the full term.
- Read the monthly payment, total interest, and total amount repaid in the results panel.
- Scroll the year-by-year schedule to see how the principal and interest split changes as the balance declines.
Use cases
- Estimating the monthly cuota before applying for a hipoteca.
- Comparing a fixed-rate (fija) quote against a variable-rate (Euribor-linked) quote by testing different interest rates.
- Seeing how extending the term from 20 to 30 years lowers the monthly payment but raises total interest paid.
- Checking how much of the first year of payments goes to principal versus interest.
- Tracking the remaining balance year by year ahead of a planned partial early repayment.
- Budgeting the loan payment separately from Spain purchase taxes and notary fees, which are not financed into most hipotecas.