BBVA Fixed Mortgage
With no surprises in your payments
Fixed rate from 3.80% NIR over 15 years
4.47% APR
We will apply a 1% bonus on the NIR during the first 6 months.
Finance up to 80% of your home's value
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You can request up to 80% for your main home and up to 70% for your second home.
If the market price and the appraised value don't match, the lower of the two will be used as a reference.
Up to 30-year term
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You can request a maximum term of 30 years to repay your mortgage. Please note that the age of the youngest account holder with an income and the term of the mortgage may not exceed 70 years. For example, if the youngest account holder is 50 years old, they can request a maximum term of 20 years.
If the payment date is not on the same monthly date as the signature date, the maximum term of 30 years will be divided into 359 monthly payments, including principal and interest, plus an initial interest-only payment.
How to apply for your fixed-rate mortgage
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- Calculate your fixed interest rate mortgage payments with our calculator.
- Fill in your details and send the documentation.
- The next step is to appraise the property.
- When the mortgage is approved, the last step is to sign the mortgage agreement before a notary public.
Improve the interest rate on your mortgage
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Some BBVA products offer a discounted nominal interest rate (NIR). You are not required to take out these products. However, by doing so, you may pay less on your mortgage.
- BBVA Allianz Seguros Comprehensive Home Insurance in force and up to date with payments.
- BBVA Seguros loan repayment insurance in force, up to date with payment and covering at least half of the amount of your mortgage. If the 50% exceeds €150,000, this amount is enough.
- Setting up and receiving your income by direct billing at BBVA: Salary of over €600 or pension of more than €300. if you are self-employed, you just have to direct debit your social security payment.
Remember that the insurance policies are subject to approval by BBVA Allianz Seguros and BBVA Seguros, respectively.
What happens if you choose a longer term?
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The repayment period you choose affects the interest rate for your mortgage, which is why we think you should see several cases with specific numbers:
Term | Bonus interest rate |
---|---|
Term
Up to 15 years |
Bonus interest rate
From 3.80% NIR 4.47% APR over 15 years |
Term
Between 16 and 20 years |
Bonus interest rate
From 3.90% NIR 4.55% APR over 20 years |
Term
Between 21 and 25 years |
Bonus interest rate
From 3.90% NIR 4.52% APR over 25 years |
Term
Between 26 and 30 years |
Bonus interest rate
From 3.90% NIR 4.50% APR over 30 years |
Do you belong to a professional collective? Discover the mortgages with custom conditions we offer you
- Get your personalized mortgage study and enter the name of the company or mutual company you belong to.
- Enjoy special terms for belonging to your professional collective.
Take out your mortgage with BBVA and get:
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Digital application and process
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Personalized price and assessment
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An adviser to accompany you at all times
Would you like more information?
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- We are working to make your life a little easier with our digital solutions.
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