Open Variable Mortgage Euribor + 0.89% ¹
Clear Filters

Open Variable Mortgage
Fee free

Improve the interest rate
with your payroll or income only1
Variable interest rate mortgage

Request your mortgage without opening an account until it has been approved

Calculate your repayments

No charges

No conditions are met1

Nominal interest rate from Euribor + 1.99%1.

3.19% TIN 1st year

Variable APR: 3.38%2

No fees

Meeting conditions1

Nominal interest rate from Euribor + 0.79%1.

1.99% TIN 1st year

Variable APR: 0.94%2

sin gastos

No expenses or fees

We pay the appraisal fees as long as you apply through Openbank, and finally sign the mortgage loan with us3

And also, without opening fees, partial or total amortization, subrogation or change of conditions.

With personal manager

Pre-approval on the spot and with a personal manager

Simulate easily and quickly. In less than 2 minutes you will know if your mortgage is pre-approved4

The application and monitoring of your mortgage is online and you will have a personal manager who will accompany you until you sign the purchase of your home.

Calculate your repayments

If you've already started an application, click here.

Property purpose

Property type

Where is the house location?

Please select a location

How much does the home cost tax-free?

MIN. €40,000
MÁX. 500.000 €
Importe de vivienda: 40.000 a 500.000€

How much do you want to borrow?

MIN. €30,000
MAX. €3,000,000

How long do you want to repay it over?

MIN. 5 years
MAX. 30 years
Term from 5 to 30 years.
To apply for your mortgage you must have your tax residence in Spain

Tipo de interés aplicable, sin cumplir condiciones1,

en función del porcentaje de financiación que solicites

  TIN fijo 1er año TIN Variable resto de años TAEVariable
Hasta un 50% 3,19% Euribor +1,99%1 3,38%2
Hasta un 70% 3,19% Euribor +2,09%1 3,38%2
Hasta un 80% 3,19% Euribor +2,19%1 3,38%2

Interest rate applicable, meeting conditions1,

depending on the percentage of financing you apply for

  Fixed NIR 1st year Variable NIR rest of years Variable APR
Up to 50% 1,99% Euribor +0,79%1 0,94%2
Up to 70% 1,99% Euribor +0,89%1 1,04%2
Up to 80% 1,99% Euribor +0,99%1 1,13%2
Apply for a Mortgage

Applying for your mortgage is this easy


Calculate your mortgage repayment

Select the amount and term. We calculate your monthly repayment for three mortgage options. Choose the one that suits you best.


You find out immediately if it's pre-approved

The simulation is very quick. You'll find out straight away if your mortgage is pre-approved 4.


We grant you your mortgage

We analyse your data and if everything's correct we grant you the mortgage.


And you sign

You sign the loan and the purchase agreement at the Notary. You can now enjoy your new home!

Want to learn more about the Open Variable Mortgage?

Anybody residing in Spain and of legal age, who, when his/her age and the term of the loan are added together, is not over 75 years. You can request it with a simple record and without having to open an account until the moment of formalisation.

The interest rate of the Open Variable Mortgage will be reviewed every six months and the payment will be updated with the current Euribor rate. Your mortgage payment can go up or down depending on the interest rate review with the corresponding Euribor.

Whichever option you choose, Variable, Mixed or Fixed:

Openbank pays all the costs of appraisal.

That's right. Forget about the costs of the appraisal and registry verification.

For us to pay the appraisal and the registry verification you will need to have requested  them through Openbank and arrange the mortgage loan with us. In this case, Openbank will refund the corresponding amount, after the signature, when the mortgage arrangement process is settled.

Please note that: charges mentioned above refer to the arrangement of the mortgage loan and, in no case, to the sale transaction.

You don't pay fees either.

  • No opening fee.
  • No partial or total repayment fee.
  • No subrogation fee.
  • No fee to amend the terms.

It is fast and straightforward. You can do it all online, for example completing information, uploading documentation, etc. Additionally you will have a personal manager throughout the whole process, to make it even easier.

The minimum amount is €30,000 and the maximum amount is 80% of one of the two following amounts, whichever is lower: (i) appraisal value or (ii) purchase and sale value, in a habitual residence; and 70% of the lesser of these amounts in a second residence, up to €3,000,000.