Youth Mortgage
Find out about your mortgage with special terms and conditions if you are under 35 years of age.
Variable-Rate Mortgage*
Conceived for those who prefer to take advantage of all their opportunities
With an interest rate that depends on the Euribor rate
Financing of up to 80%
You can finance up to 80% of your main residence and up to 70% of other homes. The amount to be financed will be the lower of the valuation and the purchase price.
Time to live without having to speed up payments
Choose the term of your mortgage up to at most 30 years.
Fully personalised service
A manager will be alongside you all the way and you will be able to check your application's status at any time.
With bonuses¹
For salaries as from €2,000 net:
APR of 1.90% in the first year and the Euribor rate + 0.55% subsequently
Variable AER of 3.68%
For all other income:
APR of 2.20% in the first year and the Euribor rate +0.65% subsequently
Variable AER of 3.80%
Opening commission: 0.15%
Without bonuses²
For salaries as from €2,000 net:
APR of 1.90% in the first year and the Euribor rate + 1.55% subsequently
Variable AER of 3.76%
For all other income:
APR of 2.20% in the first year and the Euribor rate +1.65% subsequently
Variable AER of 3.89%
Opening commission: 0.15%
How can I obtain the Variable-Rate Mortgage bonus?
You will be entitled to a bonus on your Variable-Rate Mortgage as from the second year if you subscribe certain products and services
Have your salary paid into your account
For an amount exceeding €600 a month and credit card consumption.
Insurance
Home, life, temporary incapacity/unemployment, health or car insurance**.
Contributions or balances
For pension plans and/or investment funds.
Your repayments are calculated at an initial rate and then reviewed according to the Euribor rate. It may either rise or fall at each review. Repayments may also change if you redeem an amount early or change associated products.
Simulation
Simulate your repayments under different scenarios and choose the term and bonus combination that suits you best.
Assessment
Submit all the necessary documents online so we can analyse your background and your Variable-Rate Mortgage's terms and conditions.
Approval
Once all the documents have been checked and everything is OK, your mortgage will be approved and you will be able to read and sign the legal documents electronically.
Signing
Choose the notary's office in Spain you prefer and will send the documents there. It's done! Enjoy your new home!
Get a 5% discount at IKEA and a free decoration project with your Fixed-Rate Mortgage
Promotion
If you have a Fixed-Rate Mortgage at Unicaja, you will be able to benefit from a 5% discount at IKEA if the purchase is over €80, excluding transport, decoration, installation and assembly services.
Furthermore, if you make a purchase exceeding €500, you will be entitled to benefit from a free decoration project.
Other mortgages that might interest you
Mixed-Rate Mortgage
The Mixed-Rate Mortgage gives you the peace of mind of having the same repayment amount in the first ten years. The rest are adapted to and evolve.
Fixed-Rate Mortgage
The Fixed-Rate Mortgage will give you the peace of mind of always paying the same repayment for your home.
Oxygen Mortgage
Efficiency pays off with the Oxygen Mortgage. A mortgage that is committed to sustainability.
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Mortgage loan access guide
Here you can find the information you need to take out a loan for the purchase of a home.
Code of good practice
Here you have access to general information on measures to strengthen the protection of mortgagors
This mortgage is solely meant for the purchase of a home by natural persons residing in Spain who have income or wealth in euros. It is also necessary to subscribe a current account at Unicaja, as well as an indemnity insurance policy that covers any possible contingencies the home may suffer. Furthermore, granting is subject to the institution's criteria after having conducted a risk viability study.
The Variable-Rate Mortgage holder's age and the repayment term cannot add up to more than 75 years for the first residence or 70 years for the second residence (if there is more than one holder, the age of the older holder will be taken into account).
It is necessary to take out at least basic indemnity insurance to make sure that the mortgaged asset, which in this case is the home, is protected against any contingency.
If there are any errors in the data you have entered or you need to make changes to them, you can cancel the application and initiate a new one. When the manager gets in touch with you to process your application, you can also inform them about which data you wish to change and we will do it for you.
Check out the following typical examples
Variable AER (Annual Equivalent Rate), total cost of the mortgage loan and full amount owed by the mortgagee based on a typical example of a loan amounting to €150,000.00 having a front-end fee of 0.15% and a repayment term of 25 years through the payment of 300 constant monthly principal and interest repayments at the interest rate indicated below:
25-YEAR VARIABLE INTEREST RATE
(1) Meeting all the requirements to obtain the maximum interest rate bonus:
Variable AER with maximum bonus: 3.68 % (3). For salaries as from €2,000.
This variable AER has been calculated pursuant to the provisions set forth in Act 5/2019 of 15 March governing real estate credit agreements.
- Annual percentage rate (APR): Fixed in first year: 1.90 %. Variable: One-year Euribor rate + 0.55 % (annual reviews). The last one-year Euribor rate value published in the Official Journal of the State of 03/03/2026 was 2.22 %. The interest rate resulting from the sum of this value plus the above-mentioned differential is 2.77 %. This APR may be obtained with other combinations of subscribed products/services other than those used by Unicaja to calculate the example.
- No. of monthly repayments: 300. Date the first monthly repayment is due: 05/04/2026. Repayments in first year: € 628.63. Subsequently: € 691.27. Except the last repayment of € 689.69. From the second year, the total interest, total cost and total amount owed have been applied to the higher borrowing rate of the initial fixed interest rate and the reference rate (one-year Euribor rate published monthly in the Official Journal of the State at the above-mentioned value) plus the differential to calculate the repayments. The repayments have therefore been calculated by taking into account an APR of 2.77 %. Nonetheless, we inform you that, as from the second year, the repayments' amount may vary depending on the variable interest rate to be applied.
- Total amount owed: € 227,954.49. Total interest: € 56,627.74. Total cost of mortgage loan: € 77,954.49.
Example of products selected by Unicaja, which can be jointly subscribed to obtain the bonified interest rate (APR) that has been used to calculate the AER with the maximum bonus:
Salary of at least €2,000 net per month directly deposited into account. Credit card usage of at least €1,200 in the 12 months prior to each annual interest rate subsidy review date.Credit card usage of at least €1,200 in the 12 months prior to each annual interest rate subsidy review date. Protection Home Insurance. 100% Risk Life Insurance associated to the loan. Minimum contribution to a pension plan of 1.2% of the outstanding principal in the 12 months prior to each annual interest rate bonus review date.
The fulfilment of requirements will be checked as of the first year of the loan's term and thereafter at successive annual reviews.
- Annual expenses charged to the customer in the example used while meeting all the requirements: Protection Home Insurance (4): € 267.65. Life Insurance (4): € 358.51. Contribution of 1.2 % per annum, on outstanding capital, to a pension plan, with the cost of the management and depository fee of € 34.68. Credit card maintenance fee: € 48.35. Demand account maintenance fee: €120.00 per year. Valuation: €372.00. Opening commission: € 225 (these last two expenses paid at the time the mortgage is taken out).
Variable AER with maximum bonus: 3.80 % (3). For other income.
This variable AER has been calculated pursuant to the provisions set forth in Act 5/2019 of 15 March governing real estate credit agreements.
- Annual percentage rate (APR): Fixed in first year: 2.20 %. Variable: One-year Euribor rate + 0.65 % (annual reviews). The last one-year Euribor rate value published in the Official Journal of the State of 03/03/2026 was 2.22 %. The interest rate resulting from the sum of this value plus the above-mentioned differential is 2.87 %. This APR may be obtained with other combinations of subscribed products/services other than those used by Unicaja to calculate the example.
- No. of monthly repayments: 300. Date the first monthly repayment is due: 05/04/2026. Repayments in first year: € 650.64. Subsequently: € 699.56. Except the last repayment of € 701.32. In order to calculate the repayments, total interest, total cost and the total amount owed as from the second year, the higher borrowing rate between the initial fixed rate and the reference index (one-year Euribor rate published monthly in the Official Journal of the State) plus the differential has been applied. The repayments have therefore been calculated by taking into account an APR of 2.87 %. Nonetheless, we inform you that, as from the second year, the repayments' amount may vary depending on the variable interest rate to be applied.
- Total amount owed: € 230,609.47. Total interest: € 59,282.72. Total cost of mortgage loan: € 80,609.47.
Example of products selected by Unicaja which can be jointly subscribed to obtain the bonified interest rate (APR) that has been used to calculate the variable AER with the maximum bonus:
Salary deposited directly into account as from €600 and below €2,000 per month. Credit card consumption of at least €1,200, calculated over the 12 months prior to each annual review date of the interest rate subsidies. Home protection insurance. 100% Risk Life Insurance associated with a loan. Minimum contribution to a Pension Plan of 1.2%, of the capital outstanding in the 12 months prior to each annual review date of the interest rate subsidies.
The fulfilment of requirements will be checked as of the first year of the loan's term and thereafter at successive annual reviews.
- Annual expenses charged to the customer in the example used while meeting all the requirements: Protection Home Insurance (4): € 267.65. Life Insurance (4): € 358.51. Contribution of 1.2% per annum, on outstanding capital, to a pension plan, with the cost of the management and depository fee of € 34.68. Credit card maintenance fee: € 48.35. Sight account maintenance fee: € 120.00 per year. Appraisal: € 372.00. Arrangement fee: € 225.00 (these last two fees are only payable once at the time of opening).
(2) Without meeting requirements (interest rate without bonus):
AER without bonus: 3.76 % (3). For salaries as from €2,000.
This variable AER has been calculated pursuant to the provisions set forth in Act 5/2019 of 15 March governing real estate credit agreements.
- Annual percentage rate (APR): Fixed in first year: 1,90 %. One-year variable Euribor rate + 1.55 % (annual reviews). The last one-year Euribor rate value published in the Official Journal of the State of 03/03/2026 was 2.22 %. The interest rate resulting from the sum of this value plus the above-mentioned differential is 3.77 %.
- No. of monthly repayments: 300. Date the first monthly repayment is due: 05/04/2026. Repayments in first year: € 628.63. Subsequently: € 767.58. Except the last repayment of € 766.78. From the second year, the total interest, total cost and total amount owed have been applied to the higher borrowing rate of the initial fixed interest rate and the reference rate (one-year Euribor rate published monthly in the Official Journal of the State at the above-mentioned value) plus the differential to calculate the repayments. The repayments have therefore been calculated by taking into account an APR of 3.77 %. Nonetheless, we inform you that, as from the second year, the repayments' amount may vary depending on the variable interest rate to be applied.
- Total amount owed: € 230,728.05. Total interest: € 78,605.80. Total cost of mortgage loan: € 80,728.05.
- Annual costs without meeting requirements (interest rate without bonus): Indemnity insurance (5): € 61.01. Maintenance fee of demand account only intended for the loan's repayment: €0.00. Valuation: € 372.00. Opening commission: € 225 (these last two expenses paid at the time the mortgage is taken out).
Variable AER without bonus: 3.89 % (3). For other income.
This variable AER has been calculated pursuant to the provisions set forth in Act 5/2019 of 15 March governing real estate credit agreements.
- Annual percentage rate (APR): Fixed in first year: 2.20 %. One-year variable Euribor rate +1.65 % (annual reviews). The last one-year Euribor rate value published in the Official Journal of the State of 03/03/2026 was 2.22 %. The interest rate resulting from the sum of this value plus the above-mentioned differential is 3.87 %.
- No. of monthly repayments: 300. Date the first monthly repayment is due: 05/04/2026. Repayments in first year: € 650.64. Subsequently: € 776.43. Except the last repayment of € 774.38. In order to calculate the repayments, total interest, total cost and the total amount owed as from the second year, the higher borrowing rate between the initial fixed rate and the reference index (one-year Euribor rate published monthly in the Official Journal of the State) plus the differential has been applied. The repayments have therefore been calculated by taking into account an APR of 3.87 %. Nonetheless, we inform you that, as from the second year, the repayments' amount may vary depending on the variable interest rate to be applied.
- Total amount owed: € 233,539.72. Total interest: € 81,417.47. Total cost of mortgage loan: € 83,539.72.
- Annual costs without meeting requirements (interest rate without bonus): Indemnity insurance (5): € 61.01. Maintenance fee of demand account only intended for the loan's repayment: € 0.00 Valuation: € 372.00. Opening commission: € 225 (these last two expenses paid at the time the mortgage is taken out).
Repayment amount calculation formula: The instalments must include capital and interest, and they shall be presented as a constant amount, until the interest rate is reviewed.
The French amortization method has been used to calculate the capital instalments , an amortization system in constant instalments in which a larger amount of interest than capital is early in the first years and in the last years more capital than interest is paid. The formula to calculate the amount of the instalments is as follows:
The values the formula uses have the following meaning:
R: monthly instalment payable
C: nominal amount of the loan, principal (in the case of not fulfilling the requisites, it will be the capital pending repayment at each moment).
n: number of instalments. As of the interest review, they will be calculated on the part pending.
r: multiplication index (∏)
s: summation index (∑).
pr: days of interest accrual per interest liquidation period from calculation of the instalment (the values 28, 29, 30 or 31 may be taken depending on the month).
i: nominal annual interest rate applicable to the period of interest concerned, expressed as per unit.
The applicable formula to calculate the interest of this loan shall be the following: Capital pending multiplied by the N.I.R. (by per unit amounts) and time, divided by 365. In this formula, the capital is considered to be the balance of capital; the N.I.R., the annual interest rate; and the time, the number of calendar days depending on the month calculated (28, 29, 30 or 31).
The amortization of the principal shall be equal to the instalment minus the interest.
(3) The Variable AER indicated above has been calculated on 05/03/2026 using the APR and costs set out above, which are charged to the customer, assuming that no early partial or total redemption is made throughout the loan's entire duration and under the hypothesis that the reference index does not vary, therefore, it will vary with the revisions of the interest rate. Monthly principal and interest repayments.
Due to the fact that the account is subject to fixed maintenance fees and, where appropriate, the credit card, the AER may vary according to the amount and term granted. The holders' age plus the loan's term may not exceed 75 years for a main residence or 70 years for a second residence.
In the event of early repayment or redemption, either partial or full, of the loan during the first three years the loan agreement is in force, a compensation amount or fee in favour of the lender may be set, which may not exceed the amount of the financial loss the lender may suffer, with a limit of 0.25% of the principal repaid early.
(4) Annual Protection Home Insurance premium calculated for an empty flat measuring 90 m2 whose structure is valued at € 64,000.00. Annual premium of the life insurance associated to the loan calculated for a 30-year-old person. These insurance policies can be taken out with the insurance company chosen by the customer. Nonetheless, both kinds of insurance must be taken out with the intermediation of Unicaja to be able to take advantages of a bonified interest rate while meeting requirements. The insurance premiums will be updated annually in accordance with the specific terms and conditions of the policy.
(5) Annual premium of indemnity insurance (fire and third-party liability insurance) calculated for an empty flat of 90 m2 whose structure is valued at €72,000.00 . This insurance may be taken out with the company of your choice.
The borrower will be liable to Unicaja for the loan's repayment, not only with their home but also with all their current and future assets. You may lose your home if you fail to make your repayments promptly. Should a guarantor(s) be involved in the loan, the guarantor(s) will also be liable with all their present and future assets.
(*) Granting of our mortgages is subject to the institution's criteria. Mortgage for home purchases for natural persons who reside in Spain having income or wealth solely in euros.
(**) 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.
INFORMATIVE POSTER FOR THE IDEP ON MORTGAGE LOANS ON A HOME TO BE FORMALISED OR THAT ARE ENTERED INTO IN ANDALUCIA
The consumer and user who wishes to take out a mortgage loan on a home has the right to be provided with an index of mandatory delivery documents, which lists all the documents that have to be provided until the loan contract is duly signed.
Law 3/2016, published in the BOJA (Official Gazette of the Government of Andalusia) of June 9 2016, for the protection of the rights of consumers and users when taking out loans and mortgages on housing
Can we help you?
You can also contact the Bank by calling at 952 60 67 67 or through the contact form.
The telephone service hours are Monday to Saturday from 8:00 a.m. to 10:00 p.m. (except national holidays).
