When buying property in Tenerife you may need to arrange a Tenerife mortgage to help you fund your purchase. Our dedicated team of sales executive can help you to get a mortgage here in a transparent and simple method that allows you to understand the process every step of the way.
As we work with the majority of Spanish banks our staff can arrange a mortgage to suit your needs and with our uptodate information regarding mortgages here you can use or table below to a good estimate of what your mortgage will cost you per month.
In this example the figures used are for every €5,000 borrowed.
|
Interest |
Period of Loan |
|||||
|
10 Years |
11 Years |
12 Years |
15 Years |
20 Years |
25 Years |
|
|
3.50% |
49.45 |
45.70 |
42.60 |
35.75 |
29.00 |
25.05 |
|
3.75% |
50.05 |
46.30 |
43.15 |
36.35 |
29.65 |
25.70 |
|
4.00% |
50.65 |
46.90 |
43.80 |
37.00 |
30.30 |
26.40 |
|
4.25% |
51.20 |
47.50 |
44.40 |
37.60 |
30.95 |
27.10 |
|
4.50% |
51.80 |
48.10 |
45.00 |
38.25 |
31.65 |
27.80 |
|
4.75% |
52.45 |
48.70 |
45.65 |
38.90 |
32.30 |
28.50 |
|
5.00% |
53.05 |
49.35 |
46.25 |
39.55 |
33.00 |
29.25 |
|
5.25% |
53.65 |
49.05 |
46.90 |
40.20 |
33.70 |
29.95 |
|
5.50% |
54.30 |
50.60 |
47.50 |
40.85 |
34.40 |
30.70 |
|
5.75% |
54.90 |
51.20 |
48.15 |
41.53 |
35.10 |
31.45 |
|
6.00% |
55.50 |
51.85 |
48.80 |
42.20 |
35.85 |
32.25 |
Due to currency fluctuations and your individual criteria this chart should only be used as a guidline.
In order to obtain additional information on this matter or to have any questions or concerned addressed relating to this subject please contact us by completing the form below.
We can offer you a more detailed quotation from our current lenders all you have to do is fill out the form above.
