WHAT DOES THIS OFFER ME?

DISCOUNTS

AMOUNTS, TERMS AND FEES

TAKE OUT YOUR MORTGAGE IN

7 SIMPLE STEPS

Quickly and easily

For your main residence or second home

Regardless of whether you want to buy your main residence or your second home, you can opt for this mortgage loan.

With discounts to reduce your monthly payment

Hire products to get discounts on the interest applicable to your monthly payments.


What are the products and conditions that give 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.4 with the following conditions:

  • Risk Life or Health Insurance: 0.15% discount for each policy taken out if the annual premium is greater than €300.
  • Home or Accident or Temporary Disability Insurance: 0.10% discount for each policy taken out if the annual premium is greater than €199.
  • Other Insurance Policies: 0.01% discount if the annual premium is 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 Bank5: 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 certificates issued by recognised companies in the sector: discount: 0.10% on the nominal interest rate in force.

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.
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 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 associated fees? Icon / PlusCreated with Sketch.Icon / minusCreated with Sketch.

Opening fee: 0%

Commission for partial and total cancellation: One of the following conditions shall be agreed upon:

  • 0.25% of the capital paid back in advance when the partial or total repayment occurs during the first three years of the life of the loan, or
  • 0.15% when the partial or total repayment occurs during the first five years of the life of the loan, or

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

Start now

Take out your online mortgage in 7 easy steps.

Preguntas frecuentes

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

Variable Rate Online Mortgage

Icon / check Created with Sketch. TIN 1.59%1 the first year, APR 1.80%1.

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

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

You might be interested

×
${loading}
×