Whether you are looking to buy a property through Mirador, or whether you have found a property elsewhere, you can take advantage of our mortgage advice and obtain a mortgage through our finance partners.
We are constantly searching the market and updating our products and are able to offer preferential rates to clients as we negotiate with several major Spanish lenders.
For non-residents we can offer capital repayment mortgages up to 70% LTV (loan to value) with a maximum term of 40 years (depending on age financial position), interest only up to 60% LTV with a maximum term of 30 years or combined mortgages with part of the term interest only then converting to capital repayment.
For Residents we can offer mortgages up to 80% LTV subject to financial status.
This mortgage calculator can be used to figure out monthly payments of a home mortgage loan,
based on the home's sale price, the term of the loan desired, buyer's down payment percentage, and the loan's interest rate.
This calculator factors in PMI (Private Mortgage Insurance) for loans where less than 20% is put as a down payment. Also taken
into consideration are the town property taxes, and their effect on the total monthly mortgage payment.