How much you need to earn per month for a bank to grant a 180,000-euro mortgage
The average mortgage amount on homes reached 181,285 euros in August, 7.7% more than a year earlier, according to INE. With an average initial rate of 3.08%, a 180,000-euro mortgage requires net income of 2,875 euros over 20 years, 2,460 over 25 years and 2,190 over 30 years, applying the recommendation that the payment not exceed 35% of income. The Bank of Spain notes that lenders usually do not lend more than 80% of the appraisal value.
In 40 seconds
- The average mortgage amount was 181,285 euros in August, up 7.7% year on year, according to INE.
- The average initial interest rate on new mortgages stood at 3.08% in August.
- For 180,000 euros, required net income is 2,875 euros over 20 years, 2,460 over 25 and 2,190 over 30, with payments at 35% of income.
IASummary generated by artificial intelligence from a story by Onda Cero. It may contain errors: the original source prevails.




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