Mortgage simulator
Rates, borrowing capacity, monthly payment...
Get an instant estimate, then receive a personalised analysis from your advisor.
Simulate your investment in Portugal
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Estimate of overall costs
* IMT & Stamp Duty 2026 (AT n°40129/2026). Current best market rates. Non-binding simulation.
* Insurance costs (life & home insurance, mandatory with the mortgage) are not included in the totals above and will be added to your monthly payment.
How this mortgage calculator for Portugal works
This free calculator estimates your monthly mortgage payment in Portugal based on the property price, your deposit, the loan term and the interest rate. It also computes the main purchase costs — IMT (property transfer tax), stamp duty on the purchase and on the loan — so you know the real budget before you make an offer.
Once you have your estimate, you can send it to our team in one click. As an independent credit intermediary registered with Banco de Portugal, we compare proposals from the leading Portuguese banks and negotiate on your behalf — at no cost to you.
Current mortgage rates in Portugal (2026)
Portuguese banks offer variable rates indexed to Euribor, fixed rates, and mixed rates that combine an initial fixed period with a variable phase. As a guide, mixed rates with a 2-year fixed period start around 2.45%, 5-year fixed periods around 2.75%, and full fixed rates around 3.45%, depending on your profile, the loan-to-value ratio and the bank.
Rates are indicative and change with the market and each bank's risk assessment. The simulator above uses these reference rates so you can compare scenarios side by side.
How much can I borrow in Portugal?
Banks in Portugal generally lend up to 80–90% of the property value for residents and up to 60–70% for non-residents. Your borrowing capacity also depends on your debt-to-income ratio (taxa de esforço): from 2026, Banco de Portugal recommends it stays below 45% of your net income, including the new mortgage.
Use the calculator to test different deposits and terms, then read our step-by-step guide to getting a mortgage in Portugal or browse the blog for detailed guides on rates, taxes and buying as a foreigner.
Purchase costs: IMT and stamp duty
On top of the property price, buyers pay IMT (a progressive transfer tax from 0% to 7.5% depending on price and residency status), 0.8% stamp duty on the purchase price, and 0.6% stamp duty on the loan amount. Buyers aged 35 or under purchasing their first home may benefit from the IMT Jovem exemption on properties up to €330,539, with partial relief up to €660,982. The calculator includes all of these automatically.
Have questions? Check our FAQ or send us your simulation for a free, personalised analysis.