CONDITIONS

AMOUNTS, TERMS AND FEES

What does it offer me

DISCOUNTS

Meeting conditions for the discount


Up to 15 years

16 to 20 years

21 to 25 years

26 to 30 years

Up to 60% of
appraisal

1,15% nominal

1,81% APR

See conditions

1,20% nominal

1,84% APR

See conditions

1,25% nominal

1,87% APR

See conditions

1,30% nominal

1,91% APR

See conditions

Up to 70% of
appraisal

1,20% nominal

1,87% APR

See conditions

1,25% nominal

1,90% APR

See conditions

1,30% nominal

1,92% APR

See conditions
1,35% nominal

1,96% APR

See conditions

Up to 80% of
appraisal

1,25% nominal

1,91% APR

See conditions

1,30% nominal

1,94% APR

See conditions

1,35% nominal

1,97% APR

See conditions

1,40% nominal

2,00% APR

See conditions

Not meeting conditions for the discount


Up to 15 years

16 to 20 years

21 to 25 years

26 to 30 years

Up to 60% of
appraisal

2,15% nominal

2,24% APR

See conditions

2,20% nominal

2,31% APR

See conditions

2,25% nominal

2,37% APR

See conditions

2,30% nominal

2,43% APR

See conditions

Up to 70% of
appraisal

2,20% nominal

2,30% APR

See conditions

2,25% nominal

2,37% APR

See conditions

2,30% nominal

2,43% APR

See conditions
2,35% nominal

2,48% APR

See conditions

Up to 80% of
appraisal

2,25% nominal

2,35% APR

See conditions

2,30% nominal

2,41% APR

See conditions

2,35% nominal

2,48% APR

See conditions

2,40% nominal

2,53% APR

See conditions

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Amounts, terms and fees

What are the maximum amounts and terms for a primary residence? Icon / PlusCreated with Sketch.Icon / minusCreated with Sketch.

Maximum amount: 80% of the appraisal value of the property.

Maximum term: 30 years.

The client must contribute at least 20% of the purchase price through their own funds. The term of the mortgage plus the age of the holder at the time of signing may not exceed 80 years of age.

What are the maximum amounts and terms for a second residence? Icon / PlusCreated with Sketch.Icon / minusCreated with Sketch.

Maximum amount: 70% of the appraisal value of the property.

Maximum term:25 years.

The client must contribute at least, through their own funds, the difference between the purchase price and the amount financed. The term of the mortgage plus the age of the holder at the time of signing may not exceed 80 years of age.

What are the associated fees? Icon / PlusCreated with Sketch.Icon / minusCreated with Sketch.

Opening fee: 0%

Advance refund compensation. In the event of a full or partial early repayment or repayment, the borrowing party shall compensate the Bank. Such compensation shall consist of:

  • In 2% of the capital repaid in advance, if the advance repayment takes place during the first 10 years of the loan.
  • At 1.5% of the capital repaid in advance, if early depreciation occurs at a later date.

Under no circumstances may the compensation exceed the amount of the financial loss3 that the Bank would suffer.

Mortgage constitution expenses Icon / PlusCreated with Sketch.Icon / minusCreated with Sketch.

They will be assumed by Banco Santander when contracting with individuals4.

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Amounts, terms and fees

    What are the maximum amounts and terms for a primary residence? What are the maximum amounts and terms for a second residence?

Discover the Discount Online Fixed Mortgage

Arrange your mortgage in seven simple steps quickly and hassle-free. This financing is available for your primary or second residence. It offers you:

 Fixed interest rate:

Security in relation to Euribor activity. You will know what your monthly instalment will be throughout the term.

 A mortgage adapted to you:

Because you can get discounts that will reduce the interest you pay depending on the products you arrange.

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What are the products and conditions to get discounts?

CATEGORY

DETAILS

MINIMUM AMOUNT /
ANNUAL PREMIUM

DISCOUNT

Income (maximum 50 pbs)

Payroll or income by holder

Payroll or income by holder

Payroll or income by holder

More than € 600

More than € 1,200

More than € 2,400

15pbs

25pbs

40pbs

Bills (maximum 10 pbs)

Paid by direct debit

3 different references

10pbs
Cards (maximum 15 pbs)
Credit or debit
6 uses
15pbs

Insurance policies (discount for each policy with no maximum limit)

Life/Health

Home/Accident/Disability

Others

>=  € 300

>=  € 199

>=  € 50

15pbs

10pbs

1pbs

Pension Plans or Funds (Discount for each product and with no maximum limit)

Balance

From €5,000 to €30,000

€30,000

5pbs

10pbs

PPA (Discount for each product and with no maximum limit)

Balance
>€50,000
5pbs

Sustainable Home (Max 10pbs)

Energy Efficiency Certificate
A, A+ or sustainable home
10pbs

Maximum bonus: 100 pbs.
The first review of the commitments will be in month 12, with application on the rate from month 13.


These products and services can be contracted separately from the mortgage under the same conditions.

How to access the discounted interest rate from the second year

To access the discounted interest rate as from the second year, you can choose the products or services up to a maximum discount of 1%:

GET INCOME PAID DIRECTLY TO YOUR ACCOUNT

Get your salary or unemployment benefit, Pension, Self-Employment Social Security payment or CAP subsidies paid directly to your accounts :

  • 0.15% Discount applicable if the salary or unemployment benefit of any of the Borrowers is at least 600 euros/month, or the Pension is at least 300 euros/month, or the Self-Employment Social Security Payment is at least 175 euros/month or, the CAP subsidies are for a minimum amount of 3,000 euros/year.
  • 0.25% Discount applicable if the salary or unemployment benefit of any of the Borrowers is at least 1,200 euros/month, or the Pension is at least 600 euros/month, or Self-employment Social Security payment is at least 250 euros/month.
  • 0.40% Discount applicable if the salary is at least 2,400 euros/month.

The maximum bonus for this concept will be 0.50% on the applicable nominal interest rate, irrespective of the products or services which the borrower, or borrowers if there are several, may have contracted.


BILLS

Pay at least 3 bills by direct debit with different reference, through an account held by the borrower at the Bank during the 3 months prior to the loan review, which have not bounced and for an amount greater than 0 euros. Bonus: 0.10%.


USE OF CARDS

Use Santander debit or credit cards 6 times in the three months prior to the revision of the interest rate. Bonus: 0.15%.


INSURANCE POLICIES

To have contracted and in effect any insurance policy marketed by Santander Generales Seguros y Reaseguros, S.A. or by Santander Vida Seguros y Reaseguros, S.A. or Santander Seguros y Reaseguros, Compañía Aseguradora, S.A.5 with the following conditions:

  • Risk Life or Health Insurance: 0.15% discount for each policy taken out if the annual premium is equal or greater than €300.
  • Home or Accident or Temporary Disability Insurance: 0.10% discount for each policy taken out if the annual premium is equal or greater than €199.
  • Other Insurance Policies: 0.01% discount if the annual premium is equal or greater than €50.
  • Social Security Insurance Scheme (PPA) with a balance greater than or equal to €50,000 in the last 12 months: 0.05% discount.

INVESTMENT PRODUCTS

To have contracted Investment/Provision products:

  • Pension Plans/EPSV with the Management Entity Gestora Santander Pensiones, S.A EGGP; marketed and promoted by the Bank: a discount of 0.05% for balance above 5,000 euros and below 50,000 euros, or a discount of 0.10% for balance equal to or above 50,000 euros.
  • Investment Funds or Portfolios managed by Santander Asset Management, S.A., S.G.I.I.C marketed by the Bank6: a 0.05% discount if the net asset value of the Fund or of the managed Portfolio is greater than 5,000 euros and less than 30,000 euros, or a 0.10% discount if the net asset value of the Fund or of the managed Portfolio, or of each of the Investment Funds or managed portfolios if they have several contracts, is equal to or greater than 30,000 euros.

ENERGY EFFICIENCY CERTIFICATE

Provide the Bank with an Energy Efficiency Certificate for the property or any of the properties subject to mortgage, with category A or A+ or in accordance with the appropriate category A or A+ certificates or issued by BREEAM, LEED, GREEN AND PASSIVE HOUSE: bonus: 0.10% over the nominal interest rate in force.

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Fixed Rate Online Mortgage with Product-Related Discounts

Icon / check Created with Sketch. Up to 1% discount over NIR second year.

Icon / check Created with Sketch. 0% Opening fee.

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