How Much Can I Borrow in Spain?
Enter your net income, your savings and the interest rate you expect, and you'll see the maximum price of a home you can afford, how much would be mortgage and whether your salary or your savings is the limit.
General values (Spain). They don't account for regional rules or other costs that may apply. Check them with your lender or advisor.
More options
Enter your income, savings, interest rate and term.
A rough estimate with a fixed payment. Lenders will also look at your other debts and job stability.
Work out the mortgage for this home →Results are estimates. Solvemis accepts no responsibility for the results obtained or for how they are used. Always double-check the result and talk to a qualified professional before making decisions.
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How it works
How to use it
- Enter your monthly net income and the savings you can put in.
- Add the interest rate you expect and the term.
- Check the percentages filled in for Spain and change them if your situation is different.
- Look at the maximum price, the breakdown and which limit affects you.
How it is calculated
Two prices are calculated and the lower one applies. By salary: the mortgage whose fixed payment equals the chosen share of your income, plus your savings, minus the buying costs. By savings: the price at which your savings exactly cover the part the bank doesn't finance plus the costs. The percentages are general values for Spain. A second applicant's income is added to yours; other debt payments count the way the country's rule counts them.
Sources
About this calculator
How it’s calculated
Buying a home has two limits at once. The first is the payment: banks don’t want the mortgage to take more than 30–35 % of your net income. The second is savings: since the bank finances at most 80 % of the value, the remaining 20 % and the buying costs come out of your pocket. The calculator works out the price each limit allows and keeps the lower one.
If savings are the limit, saving a little more raises the possible price a lot: with the values for Spain, each euro saved allows about 3.3 euros more of price. If your salary is the limit, what helps most is a longer term or a lower rate.
What banks look at in Spain
Besides the share of your income, the bank looks at how stable your job is, your other debts and your age at the end of the term. For young people and first homes there are public guarantees that allow financing above 80 %, depending on the autonomous community.
Buying costs in Spain
On resale homes you pay the property transfer tax (ITP), from 6 % to 10 % depending on the region, plus notary, land registry and agency fees: in total they usually come to 10–12 % of the price. On new builds you pay VAT instead of ITP. The 10 % filled in is a general value: check it with your bank or adviser.
Frequently asked questions
What limits me, my salary or my savings?
It depends on your numbers. Your salary sets the maximum payment (35 % of your net income) and your savings have to cover the part the bank doesn't finance plus the buying costs. The calculator compares both limits and tells you which one applies.
Why aren't the costs included in the mortgage?
Banks usually finance up to 80 % of the home's value. Taxes, the notary and the land registry have to be paid from your savings, which is why they're deducted from what you put in.
Net or gross income?
In Spain banks look at the monthly net income of all the borrowers. If you're buying as a couple, add both incomes together.
What if we buy as a couple, or I already pay other loans?
Under “More options” you can add the second applicant's income, which is added to yours, and what you already pay each month for other loans, cards or leasing. In Spain, the share of income covers all your debts, so those payments come off what is left for the mortgage.
Updated 14 October 2026
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