The experts of Idealistic they point out that the banking entity currently offers one of the most variable rate mortgages competitive for buy a house in Spain. This mortgage loan is interesting for the financing of first and second homes.
The majority of people in Spain you need to hire a mortgage to buy a house. In this sense, before hiring a mortgage loanit is advisable to compare between different options offered by the market at that time.
Thus, currently, Bankinter offers one of the variable rate mortgages most interesting on the market. However, it must be taken into account that the interest to be paid monthly in this type of mortgage varies depending on the Euribor.
Bankinter variable mortgage
Currently, the Bankinter variable rate mortgage offers an interest rate of 2,50% during the first twelve months. From that moment on, the mortgage begins to have an interest of Euribor + 0.75% (4.81% APR).
Bankinter variable mortgage. / Adobe Stock License
These conditions can be obtained if you obtain the maximum bonuses. To do this, it is necessary to open an account in Bankinter, take out home insurance and take out life insurance for 100% of the mortgage amount. Also open a Pension plan and make contributions of at least 600 euros per year.
It is common for the banks establish certain bonuses so that users can access better conditions on their mortgage loan. Some bonuses that involve increasing the client’s connection with the banking entity.
From Idealista they clarify that “in the case of not meeting any of the stated requirements, which are optional, the interest rate is raised to the 3,80% for the first 12 months, and then move on Euribor + 2.05% (5.88% APR)«.
Mortgage advantages
One of the advantages most important of this Bankinter variable mortgage is that it is enabled for the purchase of any type of home. However, the maximum financing It may vary depending on the type of home.
For example, if it is a Habitual housingthe banking entity offers a maximum of 80% financing. However, for a second home, the maximum that Bankinter offers is 60%.
To access the mortgage conditions described above it is necessary that two basic requirements be met. One of them is that the mortgage has a amount of at least 60,000 euros. In addition, the user must prove that he resides in Spain and that he has income greater than 2,500 euros.
Furthermore, it is important to highlight that the Bankinter variable mortgage presents a opening fee of 500 euros. Likewise, penalties also apply in case of early capital repayments.
The experts of Idealistic They argue that “the maximum commission which can collect the bank It is up to 0.15% of the amortized capital and provided that the early disbursement is made during the first five years from signing. From then on, as established by mortgage regulations, financial institutions cannot apply commissions to early repayments.
Another aspect that worries clients the most when signing a mortgage loan is the maximum return period. In this sense, the maximum period established Bankinter It is 30 years. Of course, as long as none of the owners listed on the mortgage are over 75 years old at the time the loan ends.
2024-02-29 17:33:15
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