Fixed Mortgage
No surprises: the same instalment every month

Discounted
If you deposit your salary and you take out life, home and payment protection insurance (discounts).
NIR
1.99 %
APR1
3.15 %
For an amount of €150,000 over 30 years

Non-discounted
Without direct deposit of your salary or taking out our life, home and payment protection insurance.
NIR
2.99 %
APR 2
3.64 %
For an amount of €150,000 over 30 years
Why take out a fixed-rate mortgage?

Your monthly instalment (and interest rate) will remain the same forever.

You will be able to finance up to 80 % of your mortgage3 and repay it over a maximum term of 30 years.

We take care of the administration and land registry fees.

No arrangement fee4 (subject to compliance with the established conditions).
Would you like to have a more flexible and competitive mortgage?
You might be interested in our variable-rate mortgage.

Calculate your mortgage repayment
Find out what your approximate monthly repayment would be and which mortgage is best suited to you..
Mortgage calculatorWhy can you trust Banco Sabadell for your mortgage?

We are by your side
Our team of experts will be by your side from start to finish to make everything easier

Designed just for you
With a 100 % personalised price and a service suited to your needs.

Experience
More than 14.000 clients have trusted us to make their new home a reality over the last year.
Do you need assistance?
A manager will be by your side from start to finish to make everything easier
You may also be interested in...
What shoudl you know if you're going to take out a mortgage?
You can find all the necessary information in this Bank of Spain guide.
Go to the articleWould you like to purchas a property in Andalusia?
Visit one of the branches in our network in this community and they'll provide information on the mortgage offers in Andalusia.
More informationFrequently Asked Questions
It is normal to have queries when you are considering taking out a mortgage. Here are some of the most common questions you may have.
How much can my mortgage cover?
The mortgage can cover up to 80 % of the purchase price or the valuation (whichever is the lower) for the first home. Up to 70 % for second homes.
How much should my monthly mortgage expense be?
What are the discounts and how can they benefit me?
What documentation do I need to submit to apply for my mortgage?
Glossary: NIR, APR and other mortgage-related concepts
Valuation of the property
Registry verification
FIPRE (pre-contractual information sheet)
What do I need to know if I want to buy a property in Andalusia?
SEPA Collections and payments
Conditions valid until 30/06/2022.
1. DISCOUNTED FIXED-RATE MORTGAGE
Representative example in accordance with the provisions of the applicable
legal regulations. In particular, in the case of loan agreements subject
to the scope of application of Law 5/2019 of 15th March, regulating real
estate credit agreements, the representative example shall be determined
in accordance with the criteria established in letter d) of Article 4.5 of
Order EHA/1718/2010 of 11th June.
1.99% NIR (3.15% APR).
Term: 30 years (for other repayment periods, consult your branch).
Instalments: 359 instalments of €553.68/month and a final instalment of
€553.35.
Total amount of the mortgage loan: 150,000 euros.
Total cost of the mortgage: €79,589.16 euros (€49,324.47 is interest)
Total amount payable: 229,589.16 euros.
Maximum discount: direct deposit of your salary or pension and taking out
of the associated insurance policies: Constant Principal Life Protection
Insurance, Home Protection Insurance and Payment Protection Insurance with
Banco Sabadell.
What does the APR calculation include?
Arrangement fee: €0 (0%).
Total amount of the mortgage interest: €49,324.47.
Contracting a Relación Account: €50 per quarter.
Home Protection Insurance: the cost of taking out this insurance policy,
which includes damage cover through Banco Sabadell, is €30.61/month. The
cost of this insurance will vary depending on when it is taken out and,
among other factors, on the characteristics of the property to be
mortgaged, the insured amount and the guarantees contracted. The amount
shown is merely indicative, taking as an example a mortgage loan with a
principal of €150,000 and for a building of €100,000 and contents worth
€20,000 whose type of property is a mid-storey flat with a built surface
area of 100 m2.
Linked constant principal life insurance with a quarterly premium for the
life of the mortgage: €91.32/quarter (example for a 30-year-old man).
Single-premium payment protection insurance with 100% coverage of the
principal for a period of 5 years: €1,958.57 (example for a 30-year-old
man).
Costs of registry checks: 25.41 euros.
Valuation costs: 302.71 euros.
There will be a half-yearly review of the contracting of the products, on
which the interest rate applicable in the event of taking out the mortgage
with a discount is contingent.
The APR may vary, depending on the repayment period and the amount
financed.
You can, if you wish, finance the linked life insurance and payment
protection insurance through the mortgage itself.
Repayment system and calculation formula for the repayment of principal
and interest:
The instalments to be paid have been calculated using a French repayment
schedule which has consistent instalments. In other words, the same amount
is paid every month, provided that the interest rate applicable to the
transaction does not vary during the settlement period or that no early
repayments have been made.
The mortgage instalment is made up of interest and the repayment of the
total amount of the loan. Since the amount to be paid is constant, the
lower the outstanding principal of the mortgage is, the lower the interest
generated on this principal will be. Consequently, more interest and less
principal are paid over the first years of the mortgage and more principal
and less interest are paid during the final period of the loan.
Calculation of the monthly instalment:
No surprises: the same instalment every month

Discounted
If you deposit your salary and you take out life, home and payment protection insurance (discounts).
NIR
1.99 %
APR1
3.15 %
For an amount of €150,000 over 30 years

Non-discounted
Without direct deposit of your salary or taking out our life, home and payment protection insurance.
NIR
2.99 %
APR 2
3.64 %
For an amount of €150,000 over 30 years
Why take out a fixed-rate mortgage?

Your monthly instalment (and interest rate) will remain the same forever.

You will be able to finance up to 80 % of your mortgage3 and repay it over a maximum term of 30 years.

We take care of the administration and land registry fees.

No arrangement fee4 (subject to compliance with the established conditions).
Would you like to have a more flexible and competitive mortgage?
You might be interested in our variable-rate mortgage.

Calculate your mortgage repayment
Find out what your approximate monthly repayment would be and which mortgage is best suited to you..
Mortgage calculatorWhy can you trust Banco Sabadell for your mortgage?

We are by your side
Our team of experts will be by your side from start to finish to make everything easier

Designed just for you
With a 100 % personalised price and a service suited to your needs.

Experience
More than 14.000 clients have trusted us to make their new home a reality over the last year.
Do you need assistance?
A manager will be by your side from start to finish to make everything easier
You may also be interested in...
What shoudl you know if you're going to take out a mortgage?
You can find all the necessary information in this Bank of Spain guide.
Go to the articleWould you like to purchas a property in Andalusia?
Visit one of the branches in our network in this community and they'll provide information on the mortgage offers in Andalusia.
More informationFrequently Asked Questions
It is normal to have queries when you are considering taking out a mortgage. Here are some of the most common questions you may have.
How much can my mortgage cover?
The mortgage can cover up to 80 % of the purchase price or the valuation (whichever is the lower) for the first home. Up to 70 % for second homes.
How much should my monthly mortgage expense be?
What are the discounts and how can they benefit me?
What documentation do I need to submit to apply for my mortgage?
Glossary: NIR, APR and other mortgage-related concepts
Valuation of the property
Registry verification
FIPRE (pre-contractual information sheet)
What do I need to know if I want to buy a property in Andalusia?
SEPA Collections and payments
Conditions valid until 30/06/2022.
1. DISCOUNTED FIXED-RATE MORTGAGE
Representative example in accordance with the provisions of the applicable
legal regulations. In particular, in the case of loan agreements subject
to the scope of application of Law 5/2019 of 15th March, regulating real
estate credit agreements, the representative example shall be determined
in accordance with the criteria established in letter d) of Article 4.5 of
Order EHA/1718/2010 of 11th June.
1.99% NIR (3.15% APR).
Term: 30 years (for other repayment periods, consult your branch).
Instalments: 359 instalments of €553.68/month and a final instalment of
€553.35.
Total amount of the mortgage loan: 150,000 euros.
Total cost of the mortgage: €79,589.16 euros (€49,324.47 is interest)
Total amount payable: 229,589.16 euros.
Maximum discount: direct deposit of your salary or pension and taking out
of the associated insurance policies: Constant Principal Life Protection
Insurance, Home Protection Insurance and Payment Protection Insurance with
Banco Sabadell.
What does the APR calculation include?
Arrangement fee: €0 (0%).
Total amount of the mortgage interest: €49,324.47.
Contracting a Relación Account: €50 per quarter.
Home Protection Insurance: the cost of taking out this insurance policy,
which includes damage cover through Banco Sabadell, is €30.61/month. The
cost of this insurance will vary depending on when it is taken out and,
among other factors, on the characteristics of the property to be
mortgaged, the insured amount and the guarantees contracted. The amount
shown is merely indicative, taking as an example a mortgage loan with a
principal of €150,000 and for a building of €100,000 and contents worth
€20,000 whose type of property is a mid-storey flat with a built surface
area of 100 m2.
Linked constant principal life insurance with a quarterly premium for the
life of the mortgage: €91.32/quarter (example for a 30-year-old man).
Single-premium payment protection insurance with 100% coverage of the
principal for a period of 5 years: €1,958.57 (example for a 30-year-old
man).
Costs of registry checks: 25.41 euros.
Valuation costs: 302.71 euros.
There will be a half-yearly review of the contracting of the products, on
which the interest rate applicable in the event of taking out the mortgage
with a discount is contingent.
The APR may vary, depending on the repayment period and the amount
financed.
You can, if you wish, finance the linked life insurance and payment
protection insurance through the mortgage itself.
Repayment system and calculation formula for the repayment of principal
and interest:
The instalments to be paid have been calculated using a French repayment
schedule which has consistent instalments. In other words, the same amount
is paid every month, provided that the interest rate applicable to the
transaction does not vary during the settlement period or that no early
repayments have been made.
The mortgage instalment is made up of interest and the repayment of the
total amount of the loan. Since the amount to be paid is constant, the
lower the outstanding principal of the mortgage is, the lower the interest
generated on this principal will be. Consequently, more interest and less
principal are paid over the first years of the mortgage and more principal
and less interest are paid during the final period of the loan.
Calculation of the monthly instalment:
[Contenido incluido(Id:6000048091412;Tipo:GBS_Multimedia_FA)]
Where:
N = outstanding loan principal
i = nominal interest expressed on a per-unit basis
p = repayment periods in one year
t = number of years of pending repayment period.
In the representative example, to calculate the first year’s instalment we
will replace “N” with 150,000 (the initial mortgage principal), “i” with
0.0199 (nominal annual interest rate for the first year divided by 100),
“p” with 12 (number of instalments to be paid per year) and “t” with 30
(number of years). Thus, obtaining an instalment of €553.68 to be paid
each month.
Calculation of the interest portion of the instalment:
[Contenido incluido(Id:6000048091442;Tipo:GBS_Multimedia_FA)]
Where:
N = outstanding loan principal
i = nominal interest expressed on a per-unit basis
p = repayment periods in one year.
In the above example, the part, which is the payment of interest on the
instalment is calculated by replacing “N” with 150,000 (the initial
mortgage principal), “i” with 0.0199 (the first year’s interest rate
divided by 100) and “p” with 12 (the number of repayment periods in one
year). Thus, obtaining an amount of €248.75, which is the interest on the
first month’s instalment.
The remaining amount of the instalment after deduction of interest is what
is assigned to the repayment of the principal.
2. NON-DISCOUNTED FIXED-RATE MORTGAGE
Representative example in accordance with the provisions of the applicable
legal regulations. In particular, in the case of loan agreements subject
to the scope of application of Law 5/2019 of 15th March, regulating real
estate credit agreements, the representative example shall be determined
in accordance with the criteria established in letter d) of Article 4.5 of
Order EHA/1718/2010 of 11th June.
2.99% NIR (3.64% APR)
Term: 30 years (for other repayment periods, consult your branch).
Instalments: 359 instalments of 631.60 euros/month and a final instalment
of 629.93 euros.
Total amount of the mortgage loan: 150,000 euros.
Total cost of the mortgage: 94,722.05 euros. (77,374.33 euros is
interest)
Total amount payable: 244,722.05 euros.
What does the APR calculation include?
Arrangement fee: €0 (0%).
Total amount of the mortgage interest: 77,374.33 euros
Contracting a Relación Account: €50 per quarter.
Compulsory property damage insurance for the life of the mortgage (it does
not have to be taken out with Banco Sabadell): Banco Sabadell does not
market an insurance policy that only includes damage cover. Therefore, the
APR calculation has taken into account the premium resulting from
simulating Banco Sabadell's Home Protection insurance (which includes
damage cover), the cost of which has been estimated at €30.61/month. The
cost of this insurance will vary depending on when it is taken out and,
among other factors, on the characteristics of the property to be
mortgaged, the insured amount and the guarantees contracted. The amount
shown is merely indicative, taking as an example a mortgage loan with a
principal of €150,000 and for a building of €100,000 and contents worth
€20,000 whose type of property is a mid-storey flat with a built surface
area of 100 m2.
Costs of registry checks: 25.41 euros.
Valuation costs: 302.71 euros.
The APR may vary, depending on the repayment period and the amount
financed.
Repayment system and calculation formula for the repayment of principal
and interest:
The mortgage instalment is made up of interest and the repayment of the
total amount of the loan. Since the amount to be paid is constant, the
lower the outstanding principal of the mortgage is, the lower the interest
generated on this principal will be. Consequently, more interest and less
principal are paid over the first years of the mortgage and more principal
and less interest are paid during the final period of the loan.
Calculation of the monthly instalment:
[Contenido incluido(Id:6000048091412;Tipo:GBS_Multimedia_FA)]
Where:
N = outstanding loan principal
i = nominal interest expressed on a per-unit basis
p = repayment periods in one year
t = number of years of pending repayment period.
In the representative example, to calculate the first year’s instalment we
will replace “N” with 150,000 (the initial mortgage principal), “i” with
0.0299 (nominal annual interest rate for the first year divided by 100),
“p” with 12 (number of instalments to be paid per year) and “t” with 30
(number of years). Thus, obtaining an instalment of €631.60 to be paid
each month.
Calculation of the interest portion of the instalment:
[Contenido incluido(Id:6000048091442;Tipo:GBS_Multimedia_FA)]
Where:
N = outstanding loan principal
i = nominal interest expressed on a per-unit basis
p = repayment periods in one year.
In the above example, the part, which is the payment of interest on the
instalment is calculated by replacing “N” with 150,000 (the initial
mortgage principal), “i” with 0.0299 (the first year’s interest rate
divided by 100) and “p” with 12 (the number of repayment periods in one
year). Thus, obtaining an amount of €373.75, which is the interest on the
first month’s instalment.
The remaining amount of the instalment after deduction of interest is what
is assigned to the repayment of the principal.
Differences between combined and separate product offer:
I) Costs
The cost of contracting the Home Protection, Constant Principal Life and Payment Protection insurance is separate from contracting the loan, so it has the same cost as if it were contracted individually.
II) Effects of early cancellation of the loan or any of the combined products
The effects that the early cancellation of the loan or any of the combined products would have on the joint cost of the loan and the other combined products or services will be part of the personalised information to be provided by means of the European Standardised Information Sheet (ESIS).
Additional information:
Offer valid only for natural persons (not for business use) resident in Spain, with the exception of the Autonomous Community of Andalusia, who have income and assets only in euros.
The mortgage may cover up to 80% of the purchase price or the valuation (whichever is the lower) for the first home. The mortgage can cover up to 70% in the case of second homes.
Representative examples of loans secured by mortgages on residential property designed to finance purchases of housing by natural persons acting as consumers. Transaction subject to the prior approval of Banco Sabadell. No advisory service is provided. Interest rate terms subject to risk analysis by Banco Sabadell. Terms may vary, depending on the result of the risk analysis. In accordance with article 1911 of the Civil Code, which enshrines the principle of universal liability, in the event of non-payment, the debtor and, as appropriate, the debtor's joint guarantors and guaranteeing parties and mortgage guarantors shall be held liable for all the debtor's present and future assets and the debtor may even lose their home(s) and/or any other assets they own.
This offer is not valid for a housing transaction to be formalised or executed in the Autonomous Community of Andalusia (ask about the existing special offer at your branch).
Additional information on the insurance associated with your mortgage:
Home Protection, Payment Protection and Total Payment Protection are policies of BanSabadell Seguros Generales, S.A. de Seguros y Reaseguros, with Tax ID no. A64194590 and its registered offices at Calle Isabel Colbrand, 22, 28050 Madrid, registered with the Madrid Mercantile Register and the DGSyFP Insurance Companies Registry under code no. C-0767.
Home Protection, Payment Protection and Total Payment Protection are policies of BanSabadell Seguros Generales, S.A. de Seguros y Reaseguros, with Tax ID no. A64194590 and its registered offices at Calle Isabel Colbrand, 22, 28050 Madrid, registered with the Madrid Mercantile Register and the DGSyFP Insurance Companies Registry under code no. C-0767.
Insurance policies brokered by BanSabadell Mediación, Operador de Banca-Seguros Vinculado del Grupo Banco Sabadell, S.A., with Tax ID no. A-03424223 and its registered offices at Avda. Óscar Esplá, 37, 03007 Alicante, registered in the Mercantile Register of Alicante, and in the Administrative Register of the Directorate-General for Insurance and Pension Funds of the DGSyFP under code no. OV-0004, and carries Civil Liability Insurance pursuant to the provisions of the regulation on the distribution of private insurance and reinsurance in effect. You can view the insurance companies with which BanSabadell Mediación has signed an insurance agency contract at the following website: www.bancosabadell.com/bsmediacion. View information on the Insurance Mediator here.