How to read the result
The payment is a standard annuity: principal, monthly nominal rate and number of months. On a 250,000-euro home, a 50,000-euro deposit, 30 years, May 2026 12-month Euribor of 2.804% and a 0.9% spread, the nominal rate is 3.704% and the estimated payment is €921.02. Estimated total interest is €131,567.20.
The Bank of Portugal generally expects the borrower’s age at the end of the loan to stay within 75 years, and the effort rate under a rate shock to fit the budget. This page shows the effort rate without that shock. At 1,800 euros of net income the example payment takes a large share of the month, so treat it as a reason to raise the deposit, not as an offer.
Common questions
Does the payment include insurance and fees?
No. This payment is principal and interest only. A bank’s APR and total cost include insurance, fees and taxes. Compare offers by APR, not by this payment alone.
Which Euribor is filled in?
The May 2026 monthly average: 2.226% for 3 months, 2.536% for 6 months and 2.804% for 12 months. You can change it. A legal reset uses the previous month’s average, not today’s fixing.
What spread is typical?
Many banks advertise spreads from about 0.7% to 1.5%, depending on the borrower and tied products. The 0.9% here is only an editable starting point.
Sources
- May 2026 Euribor averages used as the June 2026 index: 2.226%, 2.536% and 2.804%.
- Banco de Portugal, TAEG de novos contratos de habitação