Mortgage for a second home

¹ Interest rates are subject to the following criteria: (i) For a primary home: Your salary, pension or any other type of public benefit must be paid directly into your OPENBANK account. In the case of a second home and/or if you are self-employed: Your salary, pension or any other type of periodic benefit received as remuneration must be paid directly into your OPENBANK account, or a deposit must be made from another bank into your OPENBANK account every month. For a single holder, the amount of any of the above items – both for primary home and second home and/or for self-employed workers – must be equal to or greater than €900 per month. For two or more holders, the minimum monthly amount is €1,800 (ii) the mortgaged property/(ies) must be covered by home insurance sold through Open Bank, S.A., Operador de Banca-Seguros Vinculado; (iii) the mortgage holder(s) must be covered by the life insurance sold with their mortgage through Open Bank, S.A. Operador de Banca-Seguros Vinculado. This life insurance policy must be current, set up as a direct deposit, and paid through an Openbank account held by the mortgage holder(s), and must insure 100% of the capital financed by the holder(s); (iv) the mortgage holder(s) must sign up and pay for the Repsol, S.A. electricity service for the mortgaged property/(ies) by direct debit paid through their Openbank account using the link provided by Openbank at all times; and (v) the mortgage holder(s) must get and pay for the Repsol, S.A. gas service for the mortgaged property/(ies) by direct deposit paid through their Openbank account using the link provided by Openbank at all times.

When you do not meet any of the above discount conditions, the applicable interest rate will vary: 0.30% will be added to the discounted annual nominal interest rate if you do not meet discount condition (i); 0.10% will be added if you do not meet discount condition (ii); 0.10% will be added if you do not meet discount condition (iii); 0.05% will be added if you do not meet discount condition (iv); 0.05% will be added if you do not meet discount condition (v); and 0.60% will be added if you do not meet any of the above discount conditions.

All holders must have their tax residence in Spain and hold an Openbank current account from which mortgage loan repayments will be made. No opening or maintenance fees. Mortgage subject to Openbank approval.

² Home Insurance provided by Zurich Insurance plc, Sucursal en España, and sold through Open Bank S.A., Operador de Banca-Seguros Vinculado, with Spanish Tax Identification Number (NIF) A-28021079, through its distribution network. Openbank is registered at the Registry of the Directorate General for Insurance and Pension Funds (D.G.S.F.P) under number OV-0081 and has valid agency agreements with Zurich Insurance plc, Sucursal en España, and Zurich Vida, Compañía de Seguros y Reaseguros, S.A. Civil liability and financial capacity are covered pursuant to the applicable law.

Life Insurance provided by Zurich Vida, Compañía de Seguros y Reaseguros, S.A., sold through Open Bank, S.A., Operador de Banca-Seguros Vinculado, with Spanish Tax Identification Number (NIF) A-28021079, through its distribution network. Openbank is registered at the Registry of the Directorate General for Insurance and Pension Funds (D.G.S.F.P) under number OV-0081 and has valid agency agreements with Zurich Insurance plc, Sucursal en España, and Zurich Vida, Compañía de Seguros y Reaseguros, S.A. Civil liability and financial capacity are covered pursuant to the applicable law.