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

Mortgage Payment Calculation: Home, Personal & Business Loans

Thinking of proceeding with a new bank financing? The mortgage payment calculator gives you a complete picture of your repayment progress. Whether it's a home loan or business financing, accurate planning is key.

Fixed or Variable Interest Rate?

Our tool takes into account current Euribor rates and bank profit margins (spread).

Amortization Schedule: See how your payment is distributed between principal and interest each month.
Total Cost: Learn the exact amount of interest you will pay until maturity.
Early Repayment: Calculate the benefit from a partial or full principal repayment.

Why use it?

Before your visit to the bank, use our tool to compare scenarios with different interest rates and terms, ensuring the monthly payment fits your budget.

Important Notice

Disclaimer: Calculations and information are provided for informational and educational purposes only and do not constitute investment, financial, or legal advice. While we strive for accuracy, results may contain errors or be based on assumptions that may not apply to your situation. Use of these tools is at your own risk. We shall not be held liable for any financial losses or damages arising from the use of this data. Always consult with a certified professional before making any financial decisions.

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