The average mortgage in Spain now requires earning 2,415 euros net per month, 220 more than a year ago

FinanceInternationalFinectOct 27, 2026, 3:00 AM40 s readAI summary

The average amount of housing mortgages in Spain reached 181,285 euros in August, up 7.7% year on year, according to INE. With an average term of 26 years and an average rate of 3.08%, the monthly payment stands at 845 euros. Applying the banking criterion that the payment not exceed 35% of net income, about 2,415 euros net per month are needed, more than 220 more than a year ago. Euribor closed September at 3.247%.

In 40 seconds

The average mortgage reached 181,285 euros in August, up 7.7% from a year earlier, with a monthly payment of 845 euros.
The average rate rose to 3.08%, its highest level since January 2025, and fixed-rate mortgages to 3.16%.
Under the 35% of net income criterion, about 2,415 euros net per month are needed, more than 220 more than a year ago.

Read the full story at Finect

IASummary generated by artificial intelligence from a story by Finect. It may contain errors: the original source prevails.

hipotecas
vivienda
euríbor
España
INE

Comments

Be respectful. Comments reported by several people are hidden until a moderator reviews them.

You do not need an account to read, only to comment. Sign in with a code sent to your email or with your Google account. We only show the name you choose, never your email.

Keep reading

IMF backs economic rescue bill as Banco de la República calls for rigor in its review
The International Monetary Fund expressed support for the economic rescue bill submitted by Colombia's national government to Congress, calling it a significant step to address the fiscal challenges inherited by the new administration and to strengthen the country's fiscal sustainability. Banco de la República general manager Leonardo Villa asked for the bill to be studied rigorously, while the government warned of negative consequences if it is not approved. The legislative debate is set to begin in the coming weeks.
FinanceColombiaNoticias RCNNov 3AI
Parks and attractions in Colombia generated US$1.095 billion in 2024, according to IAAPA
Colombia's parks and attractions industry generated US$1.095 billion in revenue in 2024, 57% more than the US$698 million recorded in 2022, according to a study by the Global Association for the Attractions Industry (IAAPA). The country ranks sixth in sector revenue in the region. Visitors topped 11.2 million in 2024, 45.5% more than the previous year, and the offering reached 988 attractions, with museums and science centers as the largest group.
FinanceColombiaEl TiempoNov 3AI
President requests urgent congressional passage of fiscal adjustment bill
President Abelardo de la Espriella asked Congress to give urgent and insistent passage to the fiscal adjustment bill promoted by Finance Minister Miguel Gómez, citing Article 163 of the Constitution and Law 5 of 1992. The request, also signed by acting Interior Minister Iván Cancino, gives the bill full priority and convenes joint committee sessions. The initiative includes a 15% reduction in the state structure and tax adjustments that would affect the household basket.
FinanceColombiaPulzoNov 3AI
Oil edges lower after U.S. bombs Iran ahead of Election Day
Oil prices swung back and forth on Tuesday and extended losses from earlier in the week, on a day marked by U.S. bombing of Iran ahead of the elections. Major oil stocks also fell, including Chevron and ExxonMobil.
FinanceInternationalInvestor's Business DailyNov 3AI

The average mortgage in Spain now requires earning 2,415 euros net per month, 220 more than a year ago

In 40 seconds

Comments

Keep reading

IMF backs economic rescue bill as Banco de la República calls for rigor in its review

Parks and attractions in Colombia generated US$1.095 billion in 2024, according to IAAPA

President requests urgent congressional passage of fiscal adjustment bill

Oil edges lower after U.S. bombs Iran ahead of Election Day