Portugal 💰 EUR Last updated2026-05-28

Crédito habitação Calculator Portugal

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Quick answer (Portugal)

A €200,000 crédito habitação at 3.8% over a 30-year mixed-rate term works out to a monthly payment of about 932 €, with total interest of 135 489 € over the full term.

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Mortgage Calculator

EUR

Home Value

€

LTV 80% · No PMI ✓

Loan Amount

€

Interest Rate

Term

Total Monthly

1.265 €

PITI

Principal + Interest

932 €

40% goes to interest

Total Interest

135.489 €

over 30 years

Monthly Breakdown

Principal & Interest932 €

Property Tax (1.1%/yr)229 €

Homeowner's Insurance (0.5%/yr)104 €

Total Monthly1.265 €

Principal vs Interest Split

60% principal

40% interest

✨ Live recalculation·Includes P&I, property tax, insurance. Estimates only — consult a licensed lender for exact rates.

Reviewed by

Aisha Rahman, CFP®, MBA LinkedIn ↗

CFP® with 12+ years in mortgage & retirement planning.

Local context

Crédito habitaçãos in Portugal

Typical loan

200 000 €

in Portugal

Typical rate

3.8% p.a.

prime borrower, 2026

Typical term

30 years

most common

Market overview

Portuguese mortgages are dominated by Caixa Geral de Depósitos, Millennium BCP, Santander Totta, Novobanco, and BPI. Most new lending is mixed-rate: a 1-5 year fixed teaser followed by Euribor-linked variable. The Banco de Portugal recommends LTV not exceeding 90% for first-home buyers and 80% for non-owner-occupied. Maturity is increasingly capped at age 75 of the borrower, pulling typical terms down from 40 to 30 years.

Why 3.8% is the typical rate

3.8% reflects a typical 3-year-fixed teaser at 80% LTV in early 2026, blending to a 6-month Euribor + 1.0-1.5% spread thereafter. Variable-only loans price around Euribor + 0.85-1.1% for prime borrowers.

Tax & regulatory notes

IMT (Imposto Municipal sobre as Transmissões) is the property transfer tax, with progressive rates from 0% (homes under ~€101k for primary residence) up to 8%. Stamp duty (Imposto do Selo) adds 0.8%. There is no mortgage interest deduction on new loans; pre-2011 loans retain a small deduction phased down annually. The Mais Habitação law (2023) tightened short-term rental rules and removed the Golden Visa real estate route.

🧮 Worked example

A €200,000 crédito habitação at 3.8% over a 30-year mixed-rate term

Loan amount

200 000 €

Annual interest rate

3.8%

Term

30 years (360 months)

Monthly payment

932 €

Total interest paid

135 489 €

Total paid (principal + interest)

335 489 €

❓ FAQ (Portugal)

Common questions in Portugal.

Can foreigners get a mortgage in Portugal?

Yes — Portuguese banks are among the most foreigner-friendly in Europe. Non-resident buyers typically get up to 65-70% LTV (vs 80-90% for residents), require a Portuguese NIF tax number, and need to show income documentation from their home country. EU citizens get the best terms; non-EU buyers face slightly higher spreads.

IMT — how much will I pay?

IMT is progressive: a primary residence under €101,917 (2026) is exempt, then bands ramp up to a marginal 8% above €651,000. For a typical €200,000 primary home, expect ~€2,700-4,500 in IMT depending on whether it's urban or rural. Stamp duty adds 0.8% (~€1,600) on top.

Mixed-rate vs variable-rate mortgages — which is normal?

About 75% of new Portuguese mortgages in 2025 were mixed-rate (taxa mista): typically 2-5 years fixed, then Euribor-linked. The structure protects borrowers from immediate rate volatility while keeping long-term flexibility. Pure fixed-rate (>10 years) is offered but uncommon and priced 50-100 bps above mixed.

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