matricula-202500152-25-2-17385
Get to know our products for Personal
Bank accounts Bank cards Mortgages Personal loans and credits Savings Investment Retirement Insurance Renting Cars
Become a customer and create your account1 in less than 10 minutes with your mobile
Open your account online
 1 View information document on fees
Branch finder Online appointment Correos Cash
Help Center Contact Security Digital Banking Services
Simulate your mortgage Code of Best Practices 2022 Payment account transfer service Become a customer Evolution of the Euribor Más Sabadell
matricula-

Which home can I afford with my salary?

Simulate the mortgage

 Mortgage calculatorMortgage calculator
Discover our mortgage loans
matricula-

Select a scenario or customise your own
matricula-
Explore the following scenarios to use as a reference for an informed and safe home buying process. Whether you are just starting to consider your options
or are ready to take the next step, we can help you calculate which home you can afford and tell you about our mortgages. Learn from the experiences of others or customise your own journey to home ownership.
matricula-

Carlos

Meet Carlos, a 31-year-old who wants to become independent without compromising his financial stability.
See exampleSee example

María

Learn about María's story. She has been renting for several years and is now taking the step towards buying a property.
See exampleSee example

Lucía and Alberto

Lucía and Alberto have just got married and are looking to move into a new house together where they can start a family.
See exampleSee example

Simulator

Fill in the form and find out what mortgage you can afford with your salary without compromising your finances.
Simulate your mortgageSimulate your mortgage
matricula-

Examples of what kind of home you can afford
matricula-
Carlos

Carlos, 31-years old, wants to become independent and is considering buying his first home.
Thirty-one-year-old Carlos wants to buy his first home and is exploring his mortgage options. Having saved €25,000, he is looking to finance 80% of the property's value with a 30-year mortgage. Bearing in mind that he needs to factor in at least an additional 10% for the expenses associated with the purchase, he calculates that he can aim for a home worth approximately €125,000.
 Simulate your mortgage
matricula-
María

After several years of renting, María has decided to buy her own home.
Over the years, she has saved €32,000, enough to make a down payment, and she is ready to say goodbye to renting. Her goal is to find a property that comes within her budget and meets her needs, making sure that the mortgage instalment does not compromise her financial stability, so she wants to spend a maximum of €550 a month. María is excited about this new stage and the possibility of building a future in her own home.
Simulate your mortgage
matricula-
Lucía and Alberto

Newly-weds Lucía and Alberto are excited to start their life together and are looking for a new home where they can start a family.

They have a combined savings of €77,000 and a shared vision, and are ready to leave their current homes behind and settle in a place that reflects this new chapter in their lives. Both are civil servants with a salary of €2,550, so they are looking for a house that not only suits their current needs, but is also a space where they can create memories and grow as a couple. Their goal is to keep their mortgage payments to no more than €1,100. With each visit to a property, their excitement grows at the possibility of finding a home filled with love and happiness.
Simulate your mortgage
matricula-

Simulate your mortgage with Banco Sabadell now and discover your personalised repayment plan1
matricula-

Shall we help you calculate your mixed, variable or fixed mortgage, the expenses and how much money we could lend you? Start by choosing where you are in the process:

Have you now found the house you want?
Yes, and I have it reserved (earnest money) Yes, but I haven’t reserved it No, I’m still looking for it

matricula-
The result of this simulation will be advertising and indicative based on provisional data. To prepare it, we will base ourselves on current market conditions and on the data that you provide us through the next screens. If you want to apply for a mortgage once you see the result of your simulation, you should contact us for more information and receive your personalized offer.
 
matricula-
Tips for buying

Tips for finding out how much you can afford to spend on a house
  • Set a budget for the deposit.
  • Factor in additional expenses and taxes. In addition to the deposit, bear in mind costs such as taxes, notary, registration and agency fees.
  • Plan for the long term. Keep in mind factors such as family growth, how the area will develop and possible changes to your income.
  • Evaluate the pros and cons of newly built vs. second-hand housing.
  • Research the area. Look at aspects such as transport links, access to services, the quality of schools and proximity to work, among others.
  • Make sure you have sufficient income and job stability.
  • Research the different types of mortgages and decide which one is best for you.
matricula-

Take out your mortgage in just 4 steps

Use our mortgages simulation and find out how much you would pay for yours.
Choose your offer and upload your documents to our 100% secure online mortgage portal.
Find out what your personalised monthly fee1 will be with our simulator and the help of our experts.

Once your application has been reviewed and approved, you will be able to sign the mortgage contract and the deed before a notary.
matricula-

Discover Banco Sabadell mortgage loans
matricula-

Fixed-rate Mortgage

An installment without changes or surprises during the entire amortization period
With the peace of mind of knowing that you will pay the same instalment every month.
 Make an appointment
Find out more

Mixed mortgage

Combine security and flexibility
Unaffected by interest rate increases at the beginning, but flexible to adapt to the market afterwards.
 Make an appointment Find out more

Variable-rate mortgage

Most flexible 
With a monthly instalment that is linked to the evolution of the market.
 Make an appointment
Find out more

Green Mortgage

To make your home more sustainable
Build or energy renovate your first or second home.
 Make an appointment

Self-promotion Mortgage

Build your own house
Choose whether you prefer to finance it with a fixed or variable rate mortgage.
 Make an appointment

Non-resident Mortgage

Buy your house in Spain
For those living abroad and wanting to buy a second home.
 Make an appointment
matricula-

We answer your most frequently asked questions

How much can my mortgage cover?
As a general rule, the mortgage can cover up to 80% of the purchase price or the valuation (the lesser of the two) for a first residence. The financing percentages tend to be lower for second homes.

How much should my monthly mortgage expense be?
The maximum debt-to-income ratio (mortgage, personal loan, etc.) should not exceed 35%.

What are the discounts and how can they benefit me?
At Banco Sabadell we offer some services (discounts) that help to lower your mortgage interest rate (APR). You can take out one or more, but the more services you take out, the lower your interest rate will be. The services that include discounts are: direct deposit of salary, taking out Life Insurance, Home Insurance and Payment Protection Insurance.

What documentation do I need to submit to apply for my mortgage?
  • Your national identity document (DNI/NIF).
  • Proof of other income, if you have it (rent, commissions, interest on accounts, overtime, etc.).
  • The last 2 bills of your regular payments indicating outstanding balances (mortgages, personal loans, credit cards, alimony and maintenance payments, rent payments, other debts, etc.).
  • Work history. You can request this through the Social Security website or by calling 901 502 050. If you are employed, submit your last income tax return and your last 2 payslips/pension receipts.
  • If you are self-employed, you will need the tax return for the last 2 years and the quarterly income tax and VAT payments for the current year.
  • If you are not a Banco Sabadell customer, we will need a bank statement for the last 6 months from your usual account (pay slips, main bills, etc.).
     

Glossary: NIR, APR and other mortgage-related concepts
 
  • APR (Annual Percentage Rate)
The total cost of the loan for the borrower, expressed as an annual percentage of the total amount of the loan granted, plus related costs, as appropriate, equivalent, on an annual basis, to the current value of all future and existing commitments, such as drawdowns, repayments and costs, agreed upon by the lender and the borrower.
  • NIR (Nominal Interest Rate)
The amount paid to obtain an amount of money as a loan (or received to lend it) expressed as a percentage of said amount.
  • Euribor
Interest rate applied by European banks when they lend money to each other. It is used as a benchmark figure for part of the interest rate for variable mortgages.
  • Valuation of the property
An expert determines the real value of the home you are going to buy.
  • Registry verification
The Property Registry checks the status of the property you are going to buy. This will confirm whether the property is free of charges such as mortgages and analyses the data on its situation, property and ownership.

Valuation of the property
An expert determines the real value of the home you are going to buy.

Registry verification
The Property Registry checks the status of the property you are going to buy. This will confirm whether the property is free of charges such as mortgages and analyses the data on its situation, property and ownership.

What steps are involved from the moment you choose your mortgage to the moment you sign it?
matricula-

Do you have any questions? We're here to help you

Branches and ATMs

 Find a branch or request an appointment

Virtual Assistant
Available 24/7 on Virtual Assistant button

Contact us

 We can help you through these other contact methods

Customer Service

 Log in to file an official claim
matricula-
Condiciones legales

1 The personalised price included in this assessment is neither binding nor a substitute for the European Standardised Information Sheet (ESIS).
matricula-
HomeMortgages Which home can I afford with my salary?