MORTGAGES IN SPAIN

What is the Euribor?

Euribor, or Euro Interbank Offered Rate, is the average interest rate a group of European banks charges other banks to borrow money.

 

Euribor rates are used as an index or reference rate across financial industries that use the euro, impacting everything from savings accounts and home and car loans to more complex derivatives trading instruments.

 

If you have a variable rate mortgage and the Euribor rate rises, your mortgage payments will increase. Alternatively, if the Euribor rate decreases, you can expect your variable mortgage rate to go down.

Basic Quote

Name(Required)
Are you a Spanish Tax Residence?(Required)