What does it offer me

AMOUNTS, TERMS AND FEES

DISCOUNTS

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.

Start now

Take out your online mortgage in 7 easy steps.

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.

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.

For both primary and secondary residences, customers must provide, through their own funds, at least the difference between the sale price and the amount financed. The length of the mortgage plus the holder's age may not add up to more than 80 years.

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.

Start now

Take out your online mortgage in 7 easy steps.

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?

What are the products and conditions to get discounts?

Maximum discount: 1.10%.

The first review of commitments will be at month 6 and will be applied to the rate starting in month 7.

CATEGORY

DETAIL

AMOUNTS

DISCOUNT

Income (maximum 0.50%)

Income from payroll, pension, or social security payments for self-employed persons
Salary > €600
Pension or unemployment benefits > €300
Self-employed social security > €175.
CAP assistance
0.50%

Cards (maximum 0.05%)

Credit

6 uses

0.05%
Insurance (maximum 1%)
Home
Life
Accident
Disability
Discount for every €100 of premium (individually per contract)
0.10% for every €100 of premium

Fulfilling all the above terms and conditions you qualify for a 1% discount

Sustainable Home (maximum 0.10%)

Energy efficiency certificate
A+, A, B or sustainable home
0.10%
If also compliant with the energy efficiency certificate the discount can be 1.10%


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

How can I access the discounted interest rate starting the seventh month?

To obtain the discounted interest rate from the seventh month onwards you can choose between the following products or services up to a maximum discount of 1.10%:

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 :

  • Discount of 0.50% applicable if any of the borrowers has a salary of at least €600/month paid directly into their account, or if any of the borrowers has a pension or unemployment benefit of at least €300/month paid directly into their account, or if the social security payment of one of the borrowers is at least €175/month paid directly into their account, or if any of the borrowers has CAP benefits paid directly into their account, regardless of the amount received.

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.


USE OF CARDS

Use Santander credit cards at least six times in the three-month period leading up to the interest rate review. Maximum discount: 0.05%.


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:

  • Life Risk Life insurance.
  • Homeinsurance.
  • Accident insurance.
  • Self-employed temporary disability insurance.

Discount of 0.10% for each €100 of annual premium, individually for each of the insurance policies taken out among those indicated above (premiums are not added up). With a maximum discount of 1%.

All the above-mentioned items may yield a maximum discount of 1% when added together. Also:

ENERGY EFFICIENCY CERTIFICATE

Providing the bank with an energy efficiency certificate for the property or any of the properties subject of the mortgage, with category A+, A or B pursuant to the certificates with category A+, A or B or issued by BREEAM, LEED, VERDE or PASSIVE HOUSE: discount: 0.10% on the current nominal interest rate.

If you also provide an efficiency certificate according to the terms indicated above, you may add another 0.10% to your discount, which may reach a total discount of 1.10%.

Start now

Take out your online mortgage in 7 easy steps.

Was this page helpful?

Fixed Rate Online Mortgage with Product-Related Discounts

Icon / check Created with Sketch. Up to 1,10% discount over NIR from the seventh month

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

You might be interested in

×
${loading}
×