Portugal Mortgage Calculator - Plan Your Property PurchaseBuying property in Portugal often starts with understanding your mortgage options. Our free Portugal mortgage calculator helps you estimate your monthly payments, loan amount, and overall borrowing costs so you can plan your purchase with clarity. Whether you’re an expat, investor, or relocating family, this tool is designed to make your property journey smooth and stress-free. Book Your Free Consultation Portugal Mortgage Calculator Property Type: Main Residence Second Home Property Price: Initial Deposit: iInitial Deposit: Portion of the sale price of a home that is not financed. Your down payment amount can affect the interest rate you get, as lenders typically offer lower rates for borrowers who make larger down payments. % Interest Rate: iInterest rate: Amount you will pay each year to borrow the money for your loan, expressed as a percentage. %Your Age: iIn Portugal, the maximum age to qualify for a mortgage is 75. This means that if you are 60 years old, the longest mortgage term you can secure is 15 years. Keep in mind that mortgage terms and eligibility criteria may vary based on individual lenders and your financial circumstances. Term In Years: iThe amount of time or number of years that you will have to repay a loan. Longer term mortages can make your monthly payment amount smaller than shorter term loans by stretching out your payments over more years. iTaxes & Expenses takes into account additional costs beyond the property price. This includes expenses like IMT tax and Stamp Duty, providing a more accurate estimate of the total costs associated with purchasing a property. Taxes & Expenses: € 0 Loan Amount: € 0 Your Monthly Payments: € 0FrequentlyAsked QuestionsFrequently Asked Questions About Mortgages in Portugal Schedule Your Free Consultation How much can I borrow with a mortgage in Portugal?The amount you can borrow depends on your residency status, income, and the bank’s lending criteria. Non-residents can typically borrow up to 60–70% of the property value, while Portuguese residents may borrow up to 80–90%. The property’s official appraisal (VPT) and your ability to prove sufficient income are key factors. Use our Portugal Mortgage Calculator to estimate your borrowing potential. What documents do I need to apply for a mortgage in Portugal?You’ll need to provide documents such as:Valid passport or IDPortuguese NIF (tax number)Proof of income and employment (or pension/investment income)Recent bank statementsProperty reservation contractProof of residency (if applicable)Our team and trusted mortgage partners can guide you step-by-step to ensure you have everything ready. What are the upfront costs of getting a mortgage in Portugal?Upfront costs include:Bank arrangement fees (around 1% of the loan amount)Appraisal fee (€200–€500)Notary and registration feesIMT and stamp duty on the propertyIn total, buyers should budget an additional 6–8% of the purchase price for all transaction costs. How long does it take to get mortgage approval in Portugal?Mortgage pre-approval can take as little as 1–2 weeks, while final approval and processing usually take 4–6 weeks. We recommend starting the process early to avoid delays. Can foreigners get a mortgage in Portugal?Yes — non-residents, EU citizens, and even buyers from outside the EU can apply for a mortgage in Portugal. Lenders generally offer up to 60–70% financing for non-residents and slightly more for EU citizens or Portuguese tax residents.