Mortgage revision calculator

Do you have a variable-rate mortgage loan and a revision is due soon? Calculate the amount of your new payment.

This is how you can calculate your new payment

  • Enter the outstanding principal
    It must be the amount left to pay on the mortgage at the time of the revision.
  • Enter the remaining information
    The outstanding payments or months, the differential and the simulated Euribor.
  • Find out your payment
    We will show you the new possible payment and the difference with respect to what you pay now.

Discover all the factors that affect the calculation

The Euribor: do you know what it is?

The Euribor indicates the average interest rate at which the main European financial institutions lend each other money. It is calculated as the average of the price of these loans.

It is one of the reference rates used by banks to offer loans to their customers. At BBVA, we use the 12-month Euribor, which is published every month.

The Euribor affects the interest rate in variable-rate mortgage loans, as the variable rate consists of the Euribor percentage plus a differential. For example: euribor + 1.25%. Therefore, if the Euribor changes, the interest rate in variable-rate mortgage loans also changes.

Other information we will consider

In addition to the Euribor, here are other factors required to calculate your monthly payment.
  • Outstanding principal: the amount left to pay on the mortgage loan. In order to obtain a precise calculation, you must specify the principal at the time of the revision.
  • Outstanding period: months or payments remaining on your mortgage loan, also at the time of the revision.
  • Differential: the percentage or points that are added to the reference rate (Euribor) to obtain the mortgage loan interest rate. In variable-rate mortgages, the variable interest rate consists of the Euribor and the differential.
  • Current payment: this information is not necessary, but if you provide it, we will calculate the difference between the new payment and your current payment.
Check how much your payment can change in just a few minutes

Would you like to know how you could improve your mortgage?

Go into our switching lenders calculator and discover the advantages of having your mortgage with BBVA.

Would you like more information?

The Euribor's value in the future cannot be known in advance. At most, we can establish a trend based on this index's evolution in recent months. 

See how the Euribor has trended

However, we can use calculators like this one to simulate the payment amount in various scenarios (with a higher or lower Euribor) and be prepared.

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