Mixed-Interest Mortgages in Spain
When it comes to purchasing a property in Spain, finding the right financing option is crucial. In the current interest rate scenario, mixed-interest mortgages have emerged as a popular and convenient solution for homebuyers in Spain.
Variable or fixed rate mortgage?
Variable and fixed rate – the key facts! Most Spanish lenders now offer foreign borrowers a choice of variable and fixed rate deals. Unsure what the difference is and which would work best for you? Here is Hipoteken’s snapshot guide to choosing between these two types of mortgages. It’s a decision all overseas buyers will […]
Mortgage simulation for a Tenerife apartment
Hipoteken’s monthly mortgage model Unsure whether you could afford a mortgage? To help you budget, we’ve done a true illustratrion of the cost of buying a Spanish property using products available today. For this month’s example, we’ve picked an apartment in Tenerife, Canary Islands, on the market for €235,000. Read on to see how affordable […]
Understanding commonly used mortgage terms in Spain
Understanding Commonly Used Mortgage Terms There are many terms that are commonly used in the mortgage and property world. If you are unsure what they mean, it can make mortgages seem tricky and confusing to navigate. We have created a glossary of key mortgage terms to make this easier for you: 1. Loan-to-value (LTV) This […]
Mortgage simulation for a Torrevieja new build property.
Hipoteken’s monthly mortgage model Unsure whether you could afford a mortgage? To help you budget, we’ve done a true illustration of the cost of buying a Spanish property using products available today. For our example, we’ve picked a stunning apartment in Torrevieja on the market for €195,000. Read on to see how affordable your monthly […]
