How much deposit do you need for a mortgage in Spain?
A Spanish home-buying budget should separate the buyer contribution from taxes and acquisition costs. This calculator combines the selected deposit with entered taxes, notary, registry, valuation, finance costs and a cash reserve.
Deposit, mortgage and LTV
A larger contribution reduces the mortgage and estimated LTV. Spanish lenders apply their own valuation, affordability and credit policies, and financing may be based on the lower of purchase price and accepted appraisal.
Spanish purchase costs
Costs differ for resale and new-build property and by autonomous community. Allow for applicable ITP or VAT and AJD, plus notary, land registry, gestoría, valuation and other transaction costs.
Plan the savings goal
The calculator subtracts savings, gifts and other available funds from the complete cash goal, then estimates a simple timeline from monthly savings.