Main Advantages of ABANCA Mortgages
ABANCA offers mortgage solutions based on transparency and tailored to each profile, with fixed, variable, or mixed interest rate options. By choosing us, you gain access to unique benefits:
No opening fee: To make starting your project easier, we eliminate this formalization cost in our main options.
Competitive discounts: You have the possibility to reduce the nominal interest rate (NIR) by up to 1 percentage point (1%) by contracting products and/or services (such as direct deposit of your salary and insurance) together with your Mortgage.
Young people's access to housing: We offer specific conditions for those under 45 years old. Depending on your profile and current agreements with public bodies, it is possible to access financing percentages above 80%, reaching up to 95% or 100% in selected cases subject to additional guarantees.
Omnichannel service: You can use our online simulator to make your own calculations 24/7 or, if you prefer, receive information at our branch network.
Why choose an ABANCA Mortgage?
Taking out your mortgage with ABANCA means accessing long-term financing with interest rates adjusted to the market, a transparent discount program, and €0 opening fee.
Clear conditions: Transparency in every payment
Our range of Mari Carmen Mortgages (Fixed, Variable, and Mixed) is designed with principles of clarity and informative rigor, allowing you to plan your finances with precise data from the start:
Fixed-Rate Mortgage: You will know from the very beginning the amount of all your payments until the end of the loan, as the interest rate remains unchanged.
Variable-Rate Mortgage: The interest rate is reviewed annually according to the evolution of the 1-year Euribor. This means your payment will adjust (it may increase or decrease) to reflect the market reality at any given time.
Mixed-Rate Mortgage: You will enjoy a fixed payment during the initial years for greater stability, then move to a periodic review system based on the reference index.
| Concept | Offer Details |
|---|---|
| Opening Fee | €0 (depending on the option) |
| Maximum Interest Rate Discount | Up to 1.00% discount on the interest rate (subject to the recruitment of combined products and/or services) |
| Maximum Term | Up to 30 years (not exceeding the maximum age of 75) |
| Financing Percentage (LTV) | Up to 80% of the appraisal/purchase value (whichever is lower) |
| Mortgage Costs | ABANCA assumes Registry, Notary, and Agency fees (by law) The Borrower assumes Appraisal and Taxes (if applicable) |
Bonus Options: Customize the Cost of Your Mortgage
You can reduce the interest rate on your mortgage by contracting combined products or services along with your mortgage. Among others, the following:
Direct deposit of salary or income: (A minimum of €800 or €1,500 is usually required, depending on your profile).
Personal and home protection: By taking out your Life or Home Insurance with ABANCA, you not only protect your property, but you can also reduce the interest rate on your mortgage.
Card usage: Maintaining and actively using your ABANCA Credit Card (according to the agreed minimum annual spending) also contributes to lowering your mortgage interest rate.
Future planning: Make contributions to Individual Pension Plans or maintain balances in Investment Funds managed by the institution.
Home security: Contracting an Alarm System marketed through ABANCA also counts towards reducing your interest rate.
Commitment to Transparency:
At ABANCA, we strictly comply with the transparency standards required by consumer protection regulations. Our goal is for you to formalize your mortgage with full knowledge of its conditions:
Pre-contractual Documentation: At least 10 days before signing (14 in Catalonia), you will receive, among other documents, the ESIS (European Standardised Information Sheet) and the FiAE (Standardised Warning Sheet). These detail all costs, interest rates, and possible scenarios of the operation exhaustively.
No Unexpected Costs: All financial conditions, commissions, and associated expenses are explicitly stated in the binding offer, eliminating any technical ambiguity.
Free Notarial Advice: Before signing the deed, you will go to the notary to carry out a transparency act. This step ensures that you have received all the information and that you understand the scope of your contract clauses, at no cost to you.
Flexibility and Financing Tailored to You:
At ABANCA, we are aware that a mortgage is a long-term commitment. That is why the range of Mari Carmen Mortgages includes flexibility options so that the loan evolves with your personal and financial situation:
Financing percentage: Up to 80% of the property value (the lower of the appraisal or purchase price) and terms of up to 30 years (maximum age 75).
Initial savings: €0 opening fee. In addition, ABANCA covers notary, registry, and management fees (according to law).
Adaptability: Freedom to switch your mortgage from variable to fixed or mixed to adapt your payment as the Euribor evolves.
Sustainability: Get better conditions if your energy-efficient home has an A or B energy certificate.
Early repayment: Flexibility to make early payments and reduce your debt whenever you want.
Multichannel Management: You Choose How to Interact with Us
At ABANCA, we combine the agility of digital banking with the proximity of our branch network. You don't have to choose; you have both channels available for comprehensive management of your mortgage:
True omnichannel experience: You can start your online simulation quickly and easily, and, if you prefer, complete the process with a personal manager at any of our branches. You decide where the process starts and ends.
Repayment without barriers: Manage your savings freely. You can make early repayments (total or partial) at a branch.
Post-signature management: Access all your documentation, receipts, and track the status of your bonuses 24/7 from mobile banking, with the support of a branch network always available for your queries.
Why Choose ABANCA:
Choosing ABANCA means trusting an institution that balances technological innovation with the personal touch of our extensive branch network. Our track record allows us to offer you comprehensive support throughout the life of your loan, always offering:
Closeness: A specialized manager who accompanies you and knows your case and your needs.
Innovation: A leading app in the sector to manage your receipts, insurance, and global position with total agility.
Strength: We are an institution with benchmark levels of solvency and capitalization in the Spanish market.
In addition, ABANCA is a member of the Deposit Guarantee Fund for Credit Institutions and is supervised by the Bank of Spain, ensuring that we meet transparency standards.