What is the current Euribor rate?

Euribor rates fluctuate based on market conditions. Check the European Money Markets Institute for current rates. Most Greek mortgages use Euribor 3M as a reference.

What is a typical mortgage spread in Greece?

Bank spreads in Greece typically range from 1.5% to 3% above Euribor. Your actual spread depends on your credit profile, loan-to-value ratio, and the bank's policies.

What is Law N.128/1975 contribution?

Law N.128/1975 mandates a 0.12% annual contribution on the outstanding loan balance, paid to the Greek state. This is automatically included in your mortgage calculations.

Mortgage Calculator

Loan Parameters

Loan Amount (€)

Loan Term (years)

Fixed Rate Period

Lock in your rate for initial years

Fixed Rate Years

Fixed Rate (%)

Variable Rate Parameters

Euribor 3M (%)

Bank Spread (%)

💡 Variable Rate = Euribor 3M + Bank Spread = 4.56%

Grace Period

Grace Period (months)

💡 During grace period, you only pay interest (no principal reduction)

Early Payments

No early payments added. Click "Add Early Payment" to reduce your loan faster and save on interest.

📋 About Greek Mortgages

• Law N.128/1975 contribution: 0.12% of loan amount
• Fixed rate: stable payments for initial years
• Variable rate: adjusts based on Euribor changes
• Typical spread: 1.5% - 3% above Euribor