Borrowing capacity and notary fees

Borrowing capacity depends on your regular income, current expenses, personal contribution, loan term, and interest rate.

Banks generally apply a maximum debt-to-income ratio of 35%, including charges. Your monthly payment must therefore not exceed this ceiling. A personal contribution covering notary fees and guarantees facilitates file approval.

For an existing property, allow for approximately 7 to 8% of the acquisition price for notary fees, plus a minimum personal contribution of 10% to secure financing.

Banks prefer a contribution equivalent to the acquisition costs to avoid financing the fees. Beyond that, each additional contribution improves the offered rate and reduces the required term.

For a new property or off-plan purchase (VEFA), notary fees are reduced: count about 2 to 3% of the purchase price.

The difference mainly comes from transfer duties (DMTO), which are reduced for new builds. Notary emoluments remain similar, but the base is lower.

No, it is a recommendation from the Prudential Supervision Authority. Certain profiles may slightly exceed this threshold, others must stay below.

High and stable incomes, the presence of a co-borrower, or a significant contribution can allow for an exemption. Conversely, an unstable contract or irregular income leads banks to be stricter.

Yes, recurring co-ownership charges are factored into the calculation of disposable income and can influence the bank's decision.

Even if they are not always integrated into the strict debt ratio, they determine your monthly disposable income. A property with high charges requires a more comfortable budget.