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How much equity do I have?

Owned your home for a while? Chances are it's now worth more than when you bought it. That difference is your home equity. Calculate roughly how much equity you have right now and explore everything you can do with it.

Home with garden

Calculate your home equity

What is home equity?

Home equity is the difference between the market value of your home and your remaining mortgage balance. If your home is worth more than what you still owe the bank, you have built up equity.

Housing prices have risen sharply over the past years. That means many homeowners — sometimes without realising it — have built up substantial equity.

€ 420.000
Home value
€ 240.000
Mortgage
€ 180.000
Equity

How do you use your home equity to buy in Spain?

Your home equity finances the down payment for a home in Spain. Here's how it works.

Calculate your equity

Calculate how much equity you have built up. That's your starting capital for a home in Spain.

Increase your mortgage

Increase your mortgage or refinance to free up your equity as a down payment for the purchase.

Find a home in Spain

We select homes that match your budget and wishes — personally inspected and guided.

Complete the purchase

From Spanish mortgage to notary and key handover — we guide you through the entire process.

Spanish villa with pool

Use your equity for a Spanish dream home?

Many of our clients use their home equity as starting capital for a property in Spain. We help with the financial possibilities, mortgage advice on the ground and, of course, finding your perfect home.

  • Personal mortgage advice for Spain
  • Guidance with financing and notary
  • Homes we have personally inspected

Frequently asked questions

How is the equity in my home determined?

Home equity is the difference between the current market value of your home and your remaining mortgage balance. The market value can be assessed by an appraiser, or you can get an initial indication from comparable sales in your area.

Can I use my equity to buy a home in Spain?

Yes, you can. You can use your equity as a down payment for a home abroad. By increasing or refinancing your existing mortgage you can free up capital. We're happy to advise you on the options.

How much equity do I need for a Spanish home?

In Spain, banks typically finance up to 60-70% of the purchase price for non-residents. That means you need at least 30-40% as a down payment, plus around 10-13% in closing costs (taxes, notary, etc.). Your equity often (partly) covers this.

What does it cost to increase my mortgage?

When increasing a mortgage you typically pay appraisal fees, advisory fees and notary fees. The exact cost depends on your situation and lender. We recommend having this calculated by a mortgage advisor.

Is the calculation on this page accurate?

The calculation on this page provides an indication. For an accurate calculation an official appraisal is needed. The actual equity you can use also depends on your income, age and the conditions of your lender.

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