Gira tu dispositivo a modo "landscape"
Gira tu dispositivo a modo "landscape"
Consulta con nuestros gestores sobre la financiación que mejor se adapta a ti. Te ayudaremos en todos los trámites de la compra.
Además, te informamos sobre todo el proceso de compra en nuestra guía vivienda, te explicamos los trámites en “tu hipoteca en 5 pasos” y te ayudamos a simular tu hipoteca con nuestros simuladores.
Mortgage loans are characterised by the customer receiving an amount of money under the condition to return it in periodic payments, plus interest within a period of time. They are called mortgage because they are guaranteed with a mortgage on a property, for example, a house.
In a fixed interest mortgage, the instalments are not affected by changes in market interest rates and instalments may be known in advance.
In a variable interest rate mortgage, the interest rate applied, usually a reference rate (eg. Monthly average of 12-month Euribor) plus a spread, it is reviewed regularly, as established in the contract, and therefore the instalment may vary.
Processing a Mortgage Loan requires checking certain levels of solvency and guarantee. This implies the need to make an appraisal of the property object of the mortgage. The approximate cost for this service will be provided prior to your application
The loan formalisation fee is also usually paid.
For loans subject to Real Estate Credit Contract regulations, when there is an early amortisation/repayment in full or in part of the principal of the loan, an analysis is conducted on whether this transaction entails a financial loss for the entity. If yes, the loss may be perceived with the limits set forth in the regulations and included in the contract.
A creditor subrogation of a mortgage (mortgage loan) is an agreement by which the Financial Institution of the loan is changed, namely, it is carried out between financial institutions.
The subrogation enables the mortgage loan debtor to change his/her mortgage to another bank, with the option of modifying the term, the interest rate conditions or both, of a mortgage loan.
Kutxabank has adhered to the Code of Good Practices for the viable restructuring of debts secured by mortgages on habitual residences, published by Royal Decree Law 6/2012, of 9 March, on urgent measures to protect mortgage debtors without resources. If they comply with the eligibility requirements, habitual residence mortgage loan debtors may request the application, in successive and subsidiary order, of some of the measures provided for in the Code:
a) a viable restructuring plan which includes a period of grace for the repayment of capital and a reduction in the interest rate for up to 5 years as well as an extension of the repayment period;
b) a debt relief;
c) dation in payment of the residence and d) social rental for renewable annual periods of up to 5 years.
Likewise, Kutxabank has adhered to the Code of Good Practices for mortgage debtors at risk of vulnerability, established by Royal Decree Law 19/2022, of 22 November, establishing a Code of Good Practices to alleviate the rise in interest rates on mortgage loans on habitual residences. The holders of mortgage loans taken out by 31 December 2022, if they comply with the eligibility requirements, may request, until 31 December2024, the application of the following optional measures to have their loans restructured:
a) extension of the repayment period up to 7 years, with temporary fixed instalments, a partial or total grace period for the repayment of the principal and a special interest scheme for 12 months;
b) conversion of variable-rate loans to fixed-rate loans.
