Fixed rates from 2.15% for a first home, for the first 2 years. The rate you get depends on the bank, the term, the amount and your profile, so we compare before you decide.
There are three ways to pay a mortgage. The difference is who carries the risk if rates go up: you or the bank.
The rate is locked from the first payment to the last. Whatever Euribor does, you pay the same amount for 20 or 30 years.
For
Against
Why choose it
If you want to know today what you'll pay until the end, and a bigger payment would stretch you.
Fixed for an initial period, usually 1 to 10 years, then floating for the rest of the loan.
For
Against
Why choose it
If you want peace of mind in the first years, while the costs of a new home are high, and expect your income to grow.
The rate is Euribor plus the bank's fixed margin (spread). Euribor changes, and your payment with it, usually every 1 or 3 months.
For
Against
Why choose it
If your income has room for a bigger payment, you plan to repay early, or you think rates will fall.
Choose fixed if
a higher payment would be hard for you and you want to know the cost of your home to the end.
Choose mixed if
you want a steady payment for the first years and expect a higher income later.
Choose floating if
your budget has room, you plan to repay early, or you want the lowest rate today.