Costa del Sol · Private Real Estate
MUSE

Your non-resident mortgage

Loan amount€1,625,000
≈ $1,755,000
Cash deposit (at notary)€875,000
≈ $945,000
Monthly payment€8,355
≈ $9,023 at spot
Total interest over term€881,390
Total paid over term€2,506,390
Principal + interest

vs. Spanish resident (80% LTV)

Resident cash deposit€500,000
At standard 80% resident LTV
Resident loan amount€2,000,000
Extra cash you need as non-resident€375,000
≈ $405,000 at spot

Spanish non-resident LTV typically caps at 60-70%. Private-banking relationships push higher; non-EU buyers usually see 60%. Rates run 0.25-0.75% above the resident equivalent — not modelled here. Real monthly servicing from a non-EUR account adds 0.1-1.5% FX cost per transfer.

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