House Mortgage

Reap the benefits of a Mixed Mortgage at a fixed rate of interest for the first five years of the loan. After that time, your monthly repayment will be annually adjusted to market trends, although the global loan repayment term will not vary. This is the best way for you to enjoy total peace of mind when it comes to your mortgage payments: always pay the same amount for the first few years but then take advantage when interest rates improve.

* Depending on term and entailment.

For houses purchased from 01/01/2011 onwards, the income tax base of each taxpayer is taken into account to decide whether this tax deduction is applicable or not. Three bands of tax base exist in this regard:

• Income tax base equal to or less than 17,707.20 Euros per annum: maximum base for deduction is 9,040 Euros per year.
• Income tax base between 17,707.20 and 24,107.20 Euros per annum: maximum base for deduction is 9,040 Euros minus the result of multiplying the difference between the tax base and 17,707.20 Euros per year by 1.4125.
• Income tax base over 24,107.20 Euros. No tax deduction is applicable for the purchase of the habitual dwelling.

*  Guideline tax information based on current government regulation. Consult our advisers about your particular circumstances.