Buying your first home in Spain? Start with the numbers.
Before signing a deposit contract, work out how much you need to finance, how much cash the purchase requires and what monthly payment leaves you enough room.
Why doing the numbers first matters
A mortgage is not only about finding a low interest rate. The purchase has to work as a whole: upfront cash, monthly payment, existing debt and enough liquidity after completion. The earlier those numbers are clear, the easier it is to avoid signing a reservation or deposit contract based on an assumption.
Do not start with the maximum
The useful budget is not the highest number a calculator can produce. It is the purchase price that leaves room for costs, emergencies and normal life after completion.
The deposit contract matters
If the purchase depends on a mortgage, review the financing before signing arras and understand what the contract says if the mortgage is not obtained.
First-time buyers often underestimate cash
The deposit or down payment is only one part. Taxes, purchase costs, valuation and the cash buffer all need to be planned.
What you can expect from Hipoteca Real
We carry out an initial mortgage study, organise the information needed for the case and, where the operation fits the solutions we can handle, accompany the process through documentation, prescoring, presentation to the lender and the steps before signing. Hipoteca Real does not grant or approve credit.
No fees for you. You do not pay Hipoteca Real a client fee. When a mortgage is formalised through a lender we work with, our remuneration comes from that financial institution.
Common questions
Do I need to have chosen a property?
No. We can start with a price range and your financial situation, then update the study when you have a specific property.
Can I do everything remotely?
Yes. The service is available online and by phone throughout Spain.
Does the study guarantee approval?
No. The lender makes the final lending decision after its own affordability and risk assessment.
Do you charge the buyer a fee?
No. Hipoteca Real does not charge the client fees for the study or for the transactions we handle.