If you’re about to take out a mortgage in Spain, this tool might just save you thousands of euros—or from a nasty surprise when interest rates rise.
A specialized "eligibility simulator" to see if you qualify for official mortgage relief measures if you face financial hardship. 2. How to Use the Simulator calculadora de hipotecas banco de españa
Determine monthly repayments for both mortgage and personal loans. If you’re about to take out a mortgage
Pro tip: Take a screenshot of the result and email it to your bank’s salesperson. Ask them: "Why does your calculator show lower costs than the Bank of Spain’s?" Watch them sweat. How to Use the Simulator Determine monthly repayments
Why you should stop trusting the bank’s spreadsheet and start using the free official tool.
You can find it by searching "Calculadora de hipotecas Banco de España" — it’s usually on the BdE’s "Portal del Cliente Bancario" (Customer Banking Portal).
Pulsa en "Ver detalles" para acceder a las gráficas y tablas de amortización, que puedes descargar en formatos como Excel o PDF para tu archivo personal. Ventajas de usar el simulador del Banco de España Asociación Hipotecaria Española - Simulador hipotecario