Why is my mortgage payment going up and how much will I overpay?


According to current market forecasts, those who will suffer the greatest increases will be those who have to review their credits with the Euribor references for next December and for January and February 2023, since an increase of more than one percentage point will be applied to them. the differential. In those months the peak of the interannual differences of the Euribor would be reached, which would later moderate until around 0.23 points in December 2024. In the accumulated of the next three years, the increases for all the mortgaged, regardless of the month to serve as a reference, they would be between 1.8 and 2 percentage points plus the differential. For a mortgage of 150,000 euros over 30 years and a differential of 0.99%, it would mean ending up paying between 135 and 150 euros per month more than now, with an increase of between 27% and 30%.


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