Promotion available only until December 31, 2024

Start paying up to 1% less for your mortgage

Install an air source heat pump system, and you will be eligible for a discount of up to 1% on the interest of your BBVA mortgage for one year, with more advantages for being a customer:

  • €300 discount on the cost of installation with Iberdrola.
  • And if you need it, BBVA Financing with special conditions: NO start-up or cancellation fee.

Don't miss this opportunity!

We will provide you with additional information about the offer without any obligation

Swap your gas or oil boiler for an air source heat pump

You can save up to 60% on your energy bills. Harness the power of the air and get more efficient heating, hot water, and cooling for your home.

Example of how you can benefit from this promotion:

María has €120,000 left to pay on her mortgage. Sign up for the installation of an air source heat pump system and get a 1% discount, which represents a saving of €1,190.38 per year.

See calculation details

In addition, Maria also has a €300 discount on the installation of an air source heat pump system.

María saves a total of €1,490.38.

Getting these advantages is very easy

1. Send your information request with no strings attached

We will review all the details of the installation with you and how much you would save on your mortgage.

2. Sign up for your installation before December 31, 2024

And don't miss out on the advantages of the promotion:

Do you need to finance your installation?

At BBVA, we offer financing to help you install your air source heat pump with advantageous conditions. 
  • No commitment fee or cancellation fee.
  • NIR 4.80%/APR 4.91%
  • From €3,000 to €75,000.
  • Up to 15 years.

For example, if it helps you to see it more clearly:

  • Loan amount: €7,000
  • Term: 10 years
  • Interest rate: NIR 4.80%/APR 4.91%
  • Constant monthly payment: €73.56
  • Total amount to be returned: €8,827.73

Here is the document with the terms and conditions of the promotion giving you up to 1% off the interest on your BBVA mortgage for one year.

Only customers who have signed the air source heat pump installation contract between October 1 and December 31, 2024, will be able to get up to 1% off the interest of their BBVA mortgage and the €300 discount on the installation of air source heat pump systems offered by Iberdrola. 

If you decide to finance the installation, you must keep in mind that the loan is subject to approval by BBVA.

There is no obligation to purchase the air source heat pump installation and the financing that BBVA may offer together.