CasaFácil Fijo 20 Mortgage

With CasaFácil Fijo 20*, you will enjoy your new home with the peace of mind of knowing that your mortgage payment will be the same every month.

• With maximum subsidy: 2.50% NIR; 4.037% APR (maximum discount of 1.00%)
  • Possibility of subsidised payment: Depending on the optional products you have taken out
  • No discount: 3.50% NIR; 4.002% APR
  • You can request up to 80% of the value of the guarantee, which will be the lower of the appraisal value and the purchase price of the property, provided it is the main home.
  • The maximum term is 20 years (the term of the transaction plus the age of the youngest account holder must not exceed 80 years)
• No fees: CasaFácil does not apply a start-up fee
• Flat rate: Fixed monthly payments without the risk of an increase due to changes in the interest rate
• Greater control of your family budget: Knowing the monthly payment in advance allows you to manage your family finances better

* CASAFÁCIL FIJO 20 TERMS AND CONDITIONS

Financial conditions for the purchase of a home with mortgage guarantee, taking into account the following representative example:

1) DISCOUNTED APR: if all the conditions for the discount are met, assuming you are eligible for the maximum discount. (i) amount: €150,000; (ii) maximum term: 20 years; (iii) opening fee: 0%; (iv) interest rate: fixed; Bonus NIR: 2.50%; (v) discounted APR: 4.037 %; (vi) monthly payment: 794.85 euros; (vii) number of payments: 240; (viii) total amount payable (including expenses): 217,077.50 euros; (ix) total cost of the loan: 67,077.50 euros; (x) interest: 40,764.00 euros. French amortisation system¹.

2) NON-DISCOUNTED APR: if the discount conditions are not met: (i) amount: €150,000; (ii) maximum term: 20 years; (iii) opening fee: 0%; (iv) interest rate: fixed; NIR: 3.50%; (v) APR: 4.002%; (vi) monthly payment: 869.94 euros; (vii) number of payments: 240; (viii) total amount payable (including expenses): 216,579.70 euros; (ix) total cost of the loan: 66,579.70 euros; (x) interest: 58,785.60 euros. French amortisation system¹.

The APR may vary depending on the term and the amount of the operation, as well as the monthly reviews of compliance with the discount conditions.

Common Terms and Conditions for the discounted APR and the non-discounted APR:

a) Other common financial conditions: compensation or commission for total or partial repayment or early redemption that may not exceed the amount of the financial loss that CaixaBank may suffer, with a limit of 2% of the capital repaid during the first 10 years and 1.5% of the capital repaid until the end of the life of the loan.

b) Preparatory expenses that will be paid by CaixaBank: (i) taxes: 1,125.00 euros in documented legal acts for a mortgage liability of 150,000.00 euros and a tax rate of 0.75%; (ii) registry verification: €10.91; (iii) notary: €597.00; (iv) management: €363.00; (v) registration: €283.00.

c) Preparatory expenses to be paid by the customer: (i) appraisal: €254.10.

d) Related ancillary services to be paid by the customer: you are obliged to take out a damage insurance policy regardless or whether you choose to contract the discounts. CaixaBank does not sell damage insurance; as such, below we offer you the premium resulting from calculating a home insurance policy (which is the closest to a damage insurance policy that the bank sells, with the difference that home insurance offers greater coverage). For the purpose of calculating the non-discounted APR and the discounted APR, the premium resulting from the home insurance calculation will be taken into account; additionally, in the event you contract the discounted APR, the corresponding discount will be applied. However, the customer is free to apply for a damage insurance policy, which is compulsory, with the insurance company of their choice.

Home insurance: 317.00 euro annual premium. Amount of the annual premium calculated assuming that it will not change for the duration of the operation. The amount is merely intended to serve as a guide and is based on home insurance products offered by CaixaBank, S.A. (e.g. based on a €150,000 mortgage and premises coverage of between €100,001 and €120,000 with a built-up area of 100 m², the total amount payable throughout the term of the operation would be €6,340.00). The amount is the result of a calculation made using an approximate range, meaning the value might change depending on the premises and the exact area of the home.

Payment Account: you must maintain an account with CaixaBank throughout the loan term. The customer shall pay the payment account maintenance fees, which amount to 15 euros/quarter. The calculation of the discounted and non-discounted APR will take into account this maintenance cost.

Terms and Conditions of discounting: these are percentage points that will be deducted from the NIR, if the following products are taken out: (i) direct deposit during the last 6 months of a salary, pension or net average income if employed > €600 + direct debit payments of 3 bills + purchases with cards*** marketed by CaixaBank, S.A. where the account holder is the debtor and whose settlements are paid by direct debit from a demand deposit account opened in CaixaBank, S.A. by the holder of the cards and which have been used to make at least three purchases during the last three months: 0.35 pts.; (ii) taking out a home insurance policy: 0.15 pts.; (iii) taking out life insurance (MyBox Vida, MyBox Vida Negocios, Vida Familiar or SEVIAM)* or health insurance (except Adeslas Dental and Adeslas Básico), 0.35 or 0.20 pts. mutually exclusive: taking out life insurance for at least 95% of the amount financed: 0.35 pts.; taking out life insurance for 50% to 95% of the amount financed: 0.20 pts. (the discount will not apply if the insured capital is less than 50% of the amount financed), or if only health insurance is purchased: 0.20 pts.; (iv) financing or subscription for purchasing the "SECURITAS DIRECT Home Alarm"** service: 0.15 pts. The services indicated must always be marketed by CaixaBank, S.A. or Facilitea Selectplace, S.A.U. Compliance with the requirements to apply the discount terms and conditions will be reviewed on a monthly basis, and the interest rate may be adjusted upwards or downwards in accordance with CaixaBank's said monthly review of the recipients' compliance with said requirements. Purchase of the products listed above is optional. Each of the products can be taken out independently. There is no difference between the combined offer and the offer for separate products (the price of the products and services with the specified characteristics does not vary whether taken out combined or separately).

* Life insurance (simulation of life and repayment insurance) with a €265.61 annual premium (assuming that the premium will not vary for the duration of the operation, or be updated based on the principal repaid or the ageing of policyholders). The premium is calculated based on the purchase of a life insurance policy for 100% of the capital by a 30-year-old policyholder. The cost of this service will be paid by the customer if it is applied for.

** Subscription or financing of the "SECURITAS DIRECT Home Alarm" service, marketed by Facilitea Selectplace, with financing being defined as the provision of an interest-free loan from CaixaBank to finance the purchase, installation and maintenance of the alarm. Representative example: Service fee: €2,497.44; term: 48 months; total amount owed: €2,497.44; 0% NIR, 0% APR; monthly payment amount: €52.03 a month; Total cost of the loan: €0. RRP and total price in instalments: €2,497.44. French amortisation system¹. The maintenance service of the alarm must remain for the rest of the term of the mortgage, with a cost of 52.03 euros per month.

*** Card maintenance cost (simulation of the Visa Electron Debit card) marketed by CaixaBank: €36 / year. The calculation of the discounted APR will take this maintenance cost into account. The cost of this service will be paid by the customer if it is applied for.

Warnings: (i) Any breach of the loan obligations deriving from the loan can incur serious consequences for the mortgage holder, for his or her guarantor or for the owner of the mortgaged property, such as the loss of his or her property and of other goods; (ii) CaixaBank reserves the right to refuse to grant the operation or to approve it under the terms and conditions that it deems appropriate, after assessing the solvency of the applicant and according to the bank's risk criteria; (iii) the APR, pursuant to the law, covers the financial terms and conditions of the example, the expenses and the access services under the assumption that the premium of the insurance policy will not vary during the validity of the contract.

¹French repayment system: a constant payment consisting partially of principal repayment and partially of interest. The portion of interest included in each payment will be the result of applying the effective interest rate to the outstanding principal at the start of each monthly period. The difference to the amount of the payment is the part corresponding to principal repayment.

Every month, interest must be paid on the outstanding principal. When the loan is first taken out there is a lot of principal to repay; which is why the interest payment is higher than the capital repayment. As we want instalments to remain constant, the interest part declines and the principal part increases as time progresses.

The instalment remains unchanged while the interest rate is not modified. For example, if you have a twenty-year loan of €100,000 at an interest rate of 3.75%, each monthly payment will be €592.89. The first payment will consist of €312.50 in interest and just €280.39 in principal repayment. In contrast, 20 years later, the final payment will be €1.85 in interest and €591.04 in principal.

Mathematical formula (French fee)

ak = Ck * [(r/m) / [1-[1+(r/m)]⁻ⁿ]]

where "ak" is the hybrid principal and interest payment; "Ck" being the outstanding principal at the start of the period; "r" is the annual nominal interest rate, as a decimal; "m" being the number of loan settlement periods included in a year; and "n" being the number of repayment periods (principal and interest payment) pending.

NRI: 9826-2025/09542