Hipoteca Bonificada

  • Fantastic financial terms for buying your house

    We give you discounts on the interest rate depending on the links you maintain with Bankia

  • Financing of until 80 % of the investment, or of the appraisal value. Until 40 years of repayment installment. Variable rate interest and mixed.

    Benefits of the Hipoteca Bonificada

    • You can choose between a variable or mixed interest rate (with a fixed rate up to 7 years and then variable).
    • With half-yearly reviews of the interest rate if you choose the variable option.
    • Up to 40 years to repay it.
    • No floor.
    • No appraisal fee.
    • With discounts in the interest rate of until about 1.00 % according to Bankia its link with on the basis of the following breakdown:
      • 0.30% for having your income paid directly into your account.
      • 0.30% for contributions to individual pension plans.
      • 0.20% for having taken out a loan repayment insurance.
      • 0.20% for various insurance policies (annual premiums).

    To access the subsidised differential and to maintain it throughout the life of the loan, the following conditions must be simultaneously met:

    • There must be no unpaid bills.
    • The mortgaged property must have a damages insurance policy sold by Bankia and must have rights assigned in favour of the bank.

    Interest rates

    • Initial period: with a fixed rate from 1.8% if it is for a year and from 2.2% if it is up to 7 years. Variable: from Euribor + 1.50%. APR: 2.79% for an arrangement of €150,000; over 25 years, with 12 months of fixed interest rate. For more detailed information, see conditions (PDF, 65.7 kB)


    Further information (Act 3/2016 Andalusia)

    Pre-contractual information note (FIPRE) (PDF, 347 kB)

    Pre-contractual Information document Complementary (DIPREC) (PDF, 385 kB)