Mortgage calculator
Enter the amount, the interest rate and the term in years and work out your mortgage's monthly payment, total interest and total cost.
Mortgage details
Result
- Monthly payment
- 948,42 €
- Total interest
- 84.527,18 €
- Total to pay
- 284.527,18 €
Amortization schedule (first 12 months)
| Month | Interest | Principal | Balance |
|---|---|---|---|
| 1 | 500,00 € | 448,42 € | 199.551,58 € |
| 2 | 498,88 € | 449,54 € | 199.102,04 € |
| 3 | 497,76 € | 450,66 € | 198.651,38 € |
| 4 | 496,63 € | 451,79 € | 198.199,59 € |
| 5 | 495,50 € | 452,92 € | 197.746,67 € |
| 6 | 494,37 € | 454,05 € | 197.292,62 € |
| 7 | 493,23 € | 455,19 € | 196.837,43 € |
| 8 | 492,09 € | 456,33 € | 196.381,10 € |
| 9 | 490,95 € | 457,47 € | 195.923,63 € |
| 10 | 489,81 € | 458,61 € | 195.465,02 € |
| 11 | 488,66 € | 459,76 € | 195.005,26 € |
| 12 | 487,51 € | 460,91 € | 194.544,35 € |
How it's calculated
Just like a loan under the French system, but over long terms (usually 15-30 years): the monthly payment is constant and combines interest on the outstanding balance and principal repayment. The longer the term, the lower the payment but the higher the total interest.
It's indicative: it doesn't include the arrangement fee, valuation, the home and life insurance usually tied to it or variable-rate resets. Always compare the APR.
Frequently asked questions
Fixed or variable rate?
The simulator assumes a fixed rate for the whole term. On a variable mortgage the payment is reviewed periodically based on Euribor plus the margin, so it can go up or down.
Why do I pay almost only interest at first?
Because interest is charged on the outstanding balance, which is highest at the start. With the French system the payment is constant, so it's mostly interest early on and repays more principal over time.
Does it include mortgage costs?
No. It only computes principal and interest. Valuation, fees and tied insurance are added separately and raise the real cost; see them in the APR and the binding offer.
Aurio calculates this for you from your transactions and invoices
Import your statements or add your invoices and keep your quarterly VAT, estimated form 130 and depreciation always up to date. Informative, private and with your data encrypted.
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Indicative, informational calculations: they are not tax advice and Aurio never files anything with the Spanish Tax Agency (AEAT). Check amounts and deadlines against current regulations or with your advisor.