Mortgage Comparison Spreadsheet – Mortgage comparator you can see detailed information of all the companies offering banks in Spain to request a mortgage loan. Thanks to the comparator you want the clothes that satisfy the needs according to the amount of money you need, the period in which the loan is diverted and the percentage of the value of the property that they borrow and delivered for all of them. When clicking on the button “More information” see the detail, linkage, opinions and conditions of each mortgage, without small print.
Thanks to the comparator you can find the best mortgages and the cheapest ones within those that fit your personal needs and economic situation, not always the best offer is the cheapest since you have to take into account the required links.
When choosing the best mortgage for our case we must assess the different types that exist, lately are getting stronger mortgages fixed rate, although variable mortgages continue to lead the market. Both have their advantages and disadvantages, below we show you the best mortgages at fixed and variable rates that can be hired today with up-to-date information.
The best mortgages at variable rate
Although there are some attractive offers in terms of interest rate, to make a selection with the best we should not only take into account the differential, you have to see the links and the commissions. You can see all in our mortgages section variable type, here we list the best to date and occupy the best positions in our ranking.
Highlights the Mortgage Orange of ING Direct as it does not charge commissions for any concept and the demands of the bank are scarce. The interest rate is Euríbor + 0.99% and can be contracted online.
The second outstanding option is Bankia’s No Commissions Fixed Mortgage which offers a very low interest rate of only EUROBOR + 1.20%. Remember that this mortgage has no commissions. Although there are some with a somewhat lower interest rate usually charge a 1% opening, in contrast the Bankia does not have.
Mortgage Bankia variable rate
For those who prefer traditional banking, BBVA offers a loan with interesting conditions with an interest rate of 0.99%, just as offered by ING, although with some more links.
Variable mortgage from BBVA
When applying for a variable mortgage loan, a good offer can be considered as long as we get an interest rate below the Euribor + 1.25% and with few requirements for linking to the bank, any mortgage above that spread per day Today will be a bad choice.
The best fixed rate mortgages
The handicap of these types of mortgages is usually the term, not all of them reach the age of 25 or 30, some attract us with a great interest rate but are loans to 10 or 15 years, which is not useful for most Of people looking for a fixed mortgage. That is why in our ranking with the best fixed mortgages we give priority to those that allow terms of at least 20 years.
Since the beginning of 2017 the interest rate on fixed mortgage loans has begun to increase slightly.
Banco Santander offers a 20-year mortgage with a fixed interest rate of 2.25% for the life of the mortgage. For short terms of up to 15 years the fixed rate is 1.75%. For a not too long term it is one of the best options in fixed mortgages.
EL BBVA has a fixed mortgage that announces with a fixed interest rate of 1.95% but it is for a term of 15 years, for terms of 20 to 25 years the interest rate that is applied is 2.35% and the Conditions are higher than those of other banks. It may be an option for those people who are already BBVA clients and therefore are already linked to the entity to date.
Mortgage type BBVA
Before deciding on a fixed mortgage you have to study the commissions very well because these types of mortgages usually charge for opening, redemptions and a commission denominated interest rate risk. The differences between banks in commissions are huge.