Fixed-Rate Mortgage
The Fixed-Rate Mortgage will give you the peace of mind of always paying the same repayment for your home.
My First Home Plan
Purchase a new home in Madrid
Thanks to the My First Home Plan, you can get up to 100% of the appraisal value or purchase price, whichever is lower.
Take it out at your nearest branch
One of our agents will help you create the offer which best fits in with your needs with no strings attached.
Specialised manager just for you
You'll have an expert manager at your side throughout the process. Moreover, you'll be able to query the status of your application at any time.
Terms and conditions of the Madrid Regional Authority's Youth Mortgage
You must be between 18 and 40 years of age and have lived in the Madrid Regional Authority (Comunidad de Madrid) for at least two years without interruption prior to applying for your mortgage.
No habrá límite máximo en la edad de contratación en los siguientes casos:
- Familias numerosas o monoparentales.
- Cualquier persona por nacimiento o adopción de un hijo en el año natural de la convocatoria y durante la vigencia del convenio correspondiente.
Your dream home must be within the Madrid Regional Authority, it must be the first time you purchase a home and you must be able to prove that you do not own any other property.
The price of the home, excluding any expenses and taxes related to the purchase, must not exceed €390,000.
The home you buy must be your permanent main residence for at least two years.
You must have legally resided in the Madrid Regional Authority on a continuous uninterrupted basis for two years prior to submitting the application.
Loan intended for the purchase of a main residence pursuant to the provisions set forth in Order 2350/2022 of 27 July of the Madrid Regional Authority's Department of the Environment, Housing and Agriculture published in said Regional Authority's Official Journal on 18 August 2022, governing the My First Home programme and subsequently amended by Order 1331/2023 of 26 April, as well as by the Order of June 25, 2024, of the Regional Ministry of Housing, Transport and Infrastructure, as well as in the Collaboration Agreement entered into by the Madrid Regional Authority and Unicaja on 2 August 2023 (hereinafter referred to as the "Regulation"), the purpose of which is to facilitate access to owned homes by young adults up to 40 years of age who are residents of the Madrid Regional Authority (Community of Madrid). No habrá límite máximo en la edad de contratación en el caso de familias numerosas o monoparentales y para cualquier persona por nacimiento o adopción de un hijo en el año natural de la convocatoria y durante la vigencia del convenio correspondiente. The loan amount for this type of transactions may exceed 80% of the Reference Price, as defined below, up to 100% of said Price. For such purposes, "Reference Price" is construed to mean the lower of the following values: the property's appraisal value or the home's purchase price (excluding expenses and taxes inherent to sale). In order to take out the mortgage loan under the terms and conditions stated above, on the one hand, the customer must be of legal age and not be older than 40 years of age at the time of applying for the mortgage loan and prove that they have legally resided in the Madrid Regional Authority (Comunidad de Madrid) on a continuous uninterrupted basis during the two years prior to submitting the financing application. Where there is more than one purchaser, this requirement must be met by all of them and, on the other hand, the purchase price of the property to be financed, excluding any expenses and taxes inherent to the sale, may not exceed €390,000. Granting is subject to the institution's criteria. Terms and conditions valid until September 20, 2026.
5% discount on your IKEA purchases and free decoration project
Welcome to your new home and celebrate! You can now benefit from a 5% discount at IKEA for purchases over €80 if you've taken out a Youth Mortgage from us. Take into account that this discount does not apply to transport, installation, assembly and decoration advice services.
But that's not all! If your purchase at IKEA exceeds €500, we offer you the chance of getting a decoration project free of charge. You will therefore be able to create the perfect ambience in your new space at no additional cost. Take advantage of this exclusive offer and give your new home a personal touch!
Improve the terms and conditions with these products and services:
- Home, life, temporary disability/unemployment, health, or car insurance*.
- Have your payroll domiciled (more than €600 per month).
- Credit card usage.
- Contributions to investment funds or pension plans.
1. My First Home financing application
You will need to submit the following documents at the branch:
- Identity document
- Madrid Regional Authority residence certificate (certificado de empadronamiento)
- Negative cadastre certificate (certificado negativo catastral) and Land Registry extract (nota simple) stating that you do not own any real estate intended as housing
- Earnest money contract (contrato de arras)/commitment to buy/sell the property
- Affidavit of liability (declaración responsable) stating that the home will be used as a main residence for at least two years as from the date of purchase
2. Study of your mortgage
In order to be able to conduct a study of your mortgage, you must go to your nearest branch and submit the documents we have listed above in the previous step.
Other Unicaja mortgages
Variable-Rate Mortgage
The Variable-Rate Mortgage allows you to have a monthly repayment that adapts to and evolves with the market.
* Insurance taken out with Unicorp Vida (life, risk or accident insurance), Caser (car, health, dental, home, payment protection or pet insurance) and/or Santalucía (funeral insurance) through Unicaja Mediación, S.L.U., a related banking-insurance operator, duly registered at the Special Administrative Registry of Insurance Brokers kept by the Directorate-General of Insurance and Pension Funds (Registration No. OV-0010), acting through the Unicaja Banco, S.A. network. Third-party liability insurance taken out according to prevailing legislation. You can query the insurance companies Unicaja Mediación, S.L.U. has entered into agency agreements with at www.unicajabanco.es/seguros