Will 100 years?. Never

1. You have remained fixed the price of housing.
2. You have not commented that the higher interest smaller percentage reduction
of quota, and that interest will accrue to the total.

If the value of the home doubles (if present in Barcelona): 600,000 euros

2.0%

50 years 600,000 euros 1582.74
100 years 600,000 1.156.82

26% share of lowest monthly

3.0%

50 years 600,000 euros 1931.86
100 years 600,000 1578.86

18% lower per month

6.0%

50 years 600,000 euros 3158.43
100 years 600,000 euros 3007.57

~ 5% less than the price per month

That is, nobody would think to 6.0% on a mortgage for 100 years, but at 2.0% who knows ... It can also happen that the bank does not allow you to accept a mortgage with a share higher than a certain threshold on your salary, and for the sake of economic freedom could make you sign a mortgage inheritable. Why not?

A mortgage at 2% would mean that the Euribor was at 1.5%, which I fear will not get to see, therefore more realistic scenario is to take mortgages at 4% or more, and that is what is coneceden today, we are also in period and 6% price increases we could see it in a couple of years.
On the other side would you be interested to venture into a bank to grant a mortgage for 100 years?

But what the residual value of a flat in 50 years? the right in the sun?
With materials that are used now to 30-40 years are for the pickaxe. You can ask anyone in the industry, as it is no secret.

"If the value of the home doubles (if present in Barcelona): 600,000 euros"
Rather you should say "If the value of housing low 50% (in Barcelona is already down and if you want my stats).
I think we will see not only mortgages 100 years if not also forget the 40 and 35.

# 5, Luis; Yes, I am interested in the sources of statistics and the conditions of the study. Of course I have read in newspapers about the slowdown in the rise and lower profitability compared to the IBEX, but I have not read anything about a drop in prices, and my observation of the deals in Barcelona, I do not think they are going down now.

1. # 4, kankel: the residual value refers to the building, not the horizontal space. In big cities, construction and maintenance in itself is ridiculous compared to the price at which the m2 is valued in the market.

2. # 3 clopez; bases in what you're saying that in periods of price increases? Does the trend has not been lately for the lower interest rates? What is the interest of a typical mortgage in the U.S.? I looked at wikipedia, if the data is not wrong, you'll be amazed. If you're an economist you've left a lot of things: as if inflation is low, then it may also be lower interest rates, or by increasing the number of years of compound interest can do so much lower Banks, because the total return for the bank to 100 will be the same [looked up with: 100 mortgage loans, the BBC page], and will sell a financial product that otherwise would have stopped selling.

3. The risk decreases with the passage of years, because the cost of money tends to go up (except crisis inevitable and logical because all you have to climb down). Within 40 years, 1582 euros per month duty entail little risk.

In fact, my knowledge of economics are basic and could not make a complete model with the cost of a mortgage, and so on. If anyone knows any links to read about real models of banks: fixed / variable payment, and central measures of dispersion of consumer trends, and so on. I happen this weekend looking curves.

Anyway, I wanted to point out is that it set a benchmark price. The situation is more complex: one pays less per month as long as the percentage compound X% to Y years did not double the price, once folded, and not only does not come out profitable, but that is lost by increasing the number of years . The ratio of compound interest is not linear, which makes a slightly higher interest then the price is twice faster. I wanted to point to this fact.

The initial comment was as follows:

1. that the mortgages to 100 years are an urban legend:
Google search, and 90 and 100 years of mortgages exist in Japan.
Are there conditions or not? It depends. In a global marketplace are things
as http://tokyo.craigslist.org/fns/161266112.html
Where an American looking for a Japanese bank to make a mortgage
to his home in California.

Anyway, I find your comment interesting for two reasons: 1) goes against alarmism, 2) has raised this discussion.

With regard to interest rates, I have no doubt at all that we are in a period of rising (the U.S. economy is strong and the price of oil has gone up a lot)
In the United States have risen from 1.5% to 5% in 2 years and is expected to rise to 5.5% (this means, mortgages to more than 6%, or whatever it is, savings of 50 € for a mortgage of 100 years).
The mortgages that offer more extensive in the U.S., are 30 years at 6.3%
If in Europe we have fought momentarily so savage of the increases is because the Euro is very strong and the German economy has been in crisis, but the thing is changing very rapidly.
Just see the value of Euribor, on this page to the left:
June 2005: 2.1 => 3.4% in June 2006 and by the end of the year, close to 4%.
Types 2% do not see them again, because they are not good for the economy, unless this is in a recession or very strong deflacción.
With respect to what "The money tends to go up" if rises, it means that rising inflation and if this rises, so too do interest rates to control it, thus, 97% of mortgages in this country ( variable interest) would see an increase in the quota. So what you get for a hand (salary increases) are you doing on the other (increase of the quota).
However, the interest of the article is to demystify the hiptecas "heritable" as these do not exist and the IMF warned several times to Spain so long that their mortgages (other countries are inpensables mortgages of more than 30 years)

I have two years studying the evolution of the price of housing not only in Barcelona but in the border areas of the coast and the valley. The trend is downward in the latter year and remain so, because the people will prefer to wait, it could podrucirse a price collapse because of the large supply there today and the rise in the Euribor. In addition buyers are increasingly aware of the abuse on the part of existing municipalities, developers, speculators, and so on. There is growing indignation. I know many sellers with serious problems to sell their house. The least, is a year while awaiting a buyer. My advice is that anyone looking floor, not buy, rent it at least possible expensive, and in less than two years there will be amortized rent, and not only that, will no longer lose a few million of the old pesetas when you're buy. Good luck.

RETURN TO MORTGAGE 120% FOR THE EXPENSES paperwork IS A NEW FLOOR OF EXPENSES 260,000 euros + ME WOULD LIKE TO KNOW IF IT COULD ACER TO 40 YEARS AND AN AMOUNT OF MONEY TO PAY MORE OR LESS OF MODERATE 1000 euros per month

¿Urban legend that may become a reality? Launch the mortgage to 52 years.

http://www.20minutos.es/noticia/197119/0/hipoteca/cincuentaydos/endeudados/

Erik and jeny, that are unos1.200 euros, and rising ...

WHERE you seen LO OF MORTGAGES TO 100 YEARS OF CASH DUERO? WHY ME AND STATE IN THE WEB SITE AND NO SALE OF ANYTHING THAT ...

Esther, in Spain there is still no mortgages to 100 years. Caja Duero offers a 52. .-)

THIS IS FOR ERIC JENY And I could offer a MORTGAGE WITH SHARE 1250 € / MONTH BUT LESS IS IMPOSSIBLE.

Call me and we'll see THAT WE CAN DO 697415343

This is for Maria: left in peace to Eric and Jeny, the holiday is over.
Do not have to be the last two cousins in this country. and as you go looking for another job.

I just know that in Madrid and Zaragoza I see ads for "sold" in almost all the portals.
A few years ago, in June 2005, the Euribor was 2.1%, almost equal to or less than inflation. Now it is 4.5% and it seems to rise more and is already higher than inflation. There are things more profitable to invest q floors. I think the story will go down sooner or later. And if you do not fall, I will never be able to buy an apartment and a lot of people like me, then no flats will be sold and their price will fall.

If I were next to my girlfriend who came together a monthly net salary of around 2200 euros, we have been able to buy a flat, I think that all couples can also do it, I do not think there DQ couples who earn much less than us.

Kane'm with you ... What you need to do is find something that you can do well and allow the calculations. Obviously everyone would like a new floor of 100 m2, with pool, garage, storage room, center, etc, etc. But maybe we should start with something more affordable and secure that if we can afford!

As is scheduled to pull the interest rate in the next year? or coming years? We will not be able to pay our flats!

Kane, which did not say when it is purchased, or how many years it will have to pay (insurance that many) or how many interests we have to give away the bank for life (do the same account and you scare) Nor do that if one of two falls in unemployment or a temporadita want to have a child. Our parents paid the floor in 5-15 years, why not us? During those years our parents were just money, that is true, but not anymore.
We are the generation timada and can not be in accordance with the price of the flats today.
There is no question of power or no power, is a question that you are doing something to pay that price should not have and could spend that money on something else. If I'm in a bar and ask me 20 euros for a cane, are robbing me but what can pay very well because I fuck that 4 bastards are rich with the needs of workers.
and if the Euribor rises much more .. also you can pay your pisito?

By the way, what to limit mortgages to 25 years (or less) it should have done 3 years ago when they won the election.
ZP afternoon, evening!

Great when you read these comments now. What has been Eric and Jeny .. Is the zulito buy? ¿Now pay 1500 euros in zipoteca? Will you work Mary in a super now?