What is Euribor?
Euribor (Euro Interbank Offered Rate) is the rate at which European banks lend to each other. The 12-month Euribor is the benchmark used for most variable-rate Spanish mortgages.
Why Does It Matter?
Most Spanish variable mortgages are set at Euribor + a margin (typically 0.5%–1%). When Euribor rises, your monthly payment rises. When it falls, you pay less.
Current Trend
Euribor has risen from 2.235% in April 2025 to 2.799% today, following ECB decisions. Rates remain well below the 2024 peak of 3.703% — a window of opportunity for buyers.
Fixed vs Variable
A fixed rate protects you from Euribor rises — ideal if you want payment certainty. A variable rate may be lower now but moves with Euribor. We help you choose the right option.
🔐 What Does 2.799% Euribor Mean for Your Mortgage?
Estimated monthly payments at current Euribor + 0.75% margin = 3.549% total rate, over 25 years:
Indicative only. Actual margin varies by lender and borrower profile. We’ll get you the best rate available.
Lock In the Best Rate Available Today
We access 12+ Spanish banks to find you the most competitive fixed or variable rate for your profile.