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 |