Free expert mortgage broker service
Compare mortgage offers from multiple banks with idealista’s mortgage brokerage service
Tenho a destacar o excelente trabalho do Rafael Cabaço e a sua disponibilidade 24h. Recomendo os serviços do Rafael Cabaço. Estou muito feliz pelo esforço e dedicação do Rafael Cabaço tenham dado os seus resultados positivos! Parabéns. Desejo-te muito sucesso profissional e pessoal. Um grande abraço do Luis Vieira e Ausenda
A Conceição demonstrou sempre profissionalismo, disponibilidade e dedicação exemplar durante todo o processo de crédito habitação. Agradeço todo o apoio, esclarecimentos e acompanhamento que tornaram esta experiência clara e tranquila. Foi graças ao trabalho da Conceição que tudo correu da melhor forma. Recomendo vivamente os seus serviços!
Atendimento excelente pela parte da Liane Carmo! Senti sempre acompanhada no processo, e foi uma ajuda enorme para dar este passo tão importante!
A mortgage calculator is an online tool that allows you to quickly calculate the terms of a loan for purchasing a property. The calculation is based on the specific information provided by the applicant, such as the loan amount, interest rate and monthly income.
The calculator provides an estimate of the monthly repayments and the total cost of the loan, helping you to plan your finances and make informed decisions before applying for a mortgage.
According to the regulations of the Bank of Portugal, banks cannot finance more than 90% of the purchase price. This means you will need to provide around 10% of the property’s value as a deposit, in addition to covering the costs and taxes associated with the purchase.
Monthly mortgage repayments are calculated using the French loan amortisation method, which considers:
The calculation typically follows an amortisation formula in which the monthly repayments remain the same and include both the capital and interest portions. Over the course of the loan, the interest portion of each payment gradually decreases, while the amount allocated to repaying the capital increases.
In the case of a fixed interest rate, the monthly payment remains unchanged. If the rate is variable, the repayment amount may change due to fluctuations in the Euribor.
No, mortgage simulations are not binding. The estimates provided by the calculator are based on the information you enter and on average market rates, so they do not guarantee that you will be able to secure those conditions when applying for a loan.
The final approval and the terms of the mortgage will be subject to the lender’s assessment, which will consider additional factors such as your financial profile and credit history.
The mortgage approval process may seem complex, but it generally involves the following main stages:
1. Research and simulation: completing the form
2. Submission of documentation: Along with your application, you will need to provide documentation, which may include:
3. Credit assessment: The lender will review your application and the documentation provided. This process may take several days, depending on the institution.
4. Property valuation: The bank will require an official valuation of the property to be financed. An authorised valuer will determine the market value of the property, which is important to ensure that the loan matches the property’s value.
5. Loan offer: If the assessment is favourable and the valuation is appropriate, the bank will present a mortgage offer. This will include the loan terms, such as the approved amount, interest rate, repayment term and associated costs.
6. Signing the loan contract and deeds
The information resulting from these simulations is merely informational, so reported financial data might vary if a loan is requested or granted by each financial institution. The purpose of this tool is to orient about the estimated cost depending on the data provided by the user, and it does not suppose in any case a contractual offer or the granting of an operation by the banking entities, nor any contractual tie or legal agreement to do so by either the entities or idealista/créditohabitação.
idealista - Credit Brokers, Unipessoal, Lda., with its headquarters in Avenida António Augusto Aguiar 106, 4th floor, Lisbon (1050-019), NIPC fiscal ID number 515004758, 10,000 euros capital, authorised and registered in the Bank of Portugal with the number 4733 in the category of Bound Credit Brokers.
The idealista Credit Broker is authorised to perform the activities of broker services, to present or propose credit agreements to consumers, to assist consumers by carrying out preparatory acts or other pre-contractual management work in relation to credit agreements not presented or proposed by them, to provide consultancy services.
idealista Credit Brokers have entered into binding non-exclusive agreements with the following credit institutions and banks: Bankinter, S.A. - Subsidiary in Portugal, Banco CTT, S.A., UCI - Unión de Créditos Inmobiliários, S.A. - Subsidiary in Portugal, Abanca Corporación Bancaria, S.A. - Subsidiary in Portugal, Caixa Geral de Depósitos, S.A., Banco BPI, S.A, Novo Banco, S.A., Banco BIC Português, S.A., SICAM – Caixa Central e Caixas de Crédito Agrícola Mútuo, Banco Santander Totta,SA, Millennium (Banco Comercial Português, SA), for the provision of mortgage broker services and advice on mortgage credit agreements.
idealista Credit Brokers hae signed a Professional Liability Insurance Contract with Hiscox Insurance Company, Ltd., NIPC 980350131, with policy number 2513864.
idealista is prohibited from receiving or delivering any amount related to the formation, execution and anticipated fulfillment of the credit contracts that, through its intermediation, are signed with the credit entities and banks for which it acts to any client/consumer.
idealista Credit Brokers activity as a broker is subject to the supervision of Banco de Portugal. The authorisation and registration of Idealista Credit Brokers can be consulted on the Banco de Portugal website via the following link: https://clientebancario.bportugal.pt/pt-pt/intermediarios-de-credito-autorizados
idealista Credit Brokers offers the following means of customer service: https://www.idealista.pt/credito-habitacao E-mail: creditohabitacao@idealista.pt Local telephone which can be reached at +351 211 204 511 Or at the headquarters located at Avenida António Augusto Aguiar 106, 4th floor, 1050-019 Lisbon.
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