Ten Best Rated Spanish Mortgages

Here you have a list with the best top ten rated Spanish mortgages. Following the trend of recent months, the traditional banking league the ranking of mortgages with lower interest rates, with eight entities. The remaining two companies are ‘online’. While the latter are not in top positions, according to the Mortgage comparator Bankimia.com...

If you compare the list of the Best rated Spanish mortgages in July 2015 with the previous month, you can see that there are few differences. Only one loan has changed its position from the first to the tenth, and added a new one. So, what was the loan with the lowest differential in June, now SIN Liberbank marketed in some areas with a spread of 0.99% over Euribor, now goes to the tenth position. Now it offers, for Spain, the floating interest Euribor + 1.25%, after 18 months at fixed interest rate of 1.43%.

It has also entered a mortgage aimed at people younger than 31, who’s finances up to 90% of the appraised value.

Following the trend of recent months, the traditional banking league the ranking of mortgages with lower interest rates, with eight entities. The remaining two companies are ‘online’. While the latter are not in top positions, according to the Mortgage comparator Bankimia.com.

These are the entities that offer today, the lowest spreads in the market:

Global Fund: The brand new Oasis Mortgage is intended for people under 31 years. The interest for the first year is 1.50% and for the rest, Euribor + 1.00%. Among the links, household a list of at least 900 euros a month, two safe hire and a debit card and other credit and access the internet banking service of the state.

Bankia: sells its mortgage loan at an interest rate of 2.00% for the first 12 months and the rest Euribor +1.00%. Add a fee of 1.50%. As recruitment requirements, household payroll, hire two insurance (life and home) and spend 2,000 euros per year with Visa cards entity.

Cajasur: The type of the first year is 1.95% and the rest of Euribor + 1.00%. Opening expenses are 0.50%. For the best interest of household has one salary or pension of 3,000 euros, spend with the card at least 3,600 euros per year and hiring a home insurance, life and other pension plan.

Kutxabank: In this case, the first 12 months has a fixed interest rate of 2.25% and for the rest, Euribor + 1.00%. The fee is 0.25%, with a minimum of 400 euros. Having a payroll of more than 3,000 euros a month, spend with the card more than 4,800 euros a year, hiring a home insurance with the company and a pension plan are the links to assume.

Safety Engineers: Part of 1.75% the first year and Euribor + 1.00% the rest. The fee is 0.50% with a minimum of 600 euros and finances up to 60% of the appraised value of the property purchase. Among the recruitment requirements, household payroll and three receipts, home insurance contract, another life and another payment protection, and have a minimum account balance of $ 3,000.

Banco Santander: No fee, your mortgage is variable rate. Part of Euribor + 1.25%. The links consist requires household payroll (minimum 2,000 euros per month) and three receipts, use the cards of the entity at least three times a quarter and hire home insurance and other life.

BBVA: It has the same differential of 1.25% over Euribor. And bonding requirements are justified household income and newspapers (if it is a holder of at least 1,500 euros per month and if more than one, 2,000 euros), hire a credit card and sign a home insurance and a life and a pension plan.

Oficinadirecta.com: The online entity of the same differential as before, 1.25% over Euribor. In this case, the holder must have a minimum monthly income of 3,000 euros (4,000 if more than one) and sign a home insurance and a life besides a credit card and a debit of the entity with which spend 100 euros per month.

CatalunyaCaixa: With a maximum repayment term of 40 years, it is marketed with a fixed interest rate of 1.42% for the first 12 months and Euribor + 1.25% thereafter. Hiring a home insurance, life and other credit card company besides household payroll and two receipts are bonding requirements.

Liberbank: Part of a fixed 1.43% for the first 18 months Euribor + 1.25% of the remaining repayment period to 30 years.

If you would like Xcape Real Estate to help you find the right mortgage for your property on the Costa del Sol, with the best rated Spanish mortgages or achieve your Spanish Residency, please do not hesitate to fill the form on Contact Us or give us a call on +34 952 811 010 Now!

We also look forward to assisting you on your property purchase or rental on Marbella and the Spanish Costa del Sol.