Bank of Spain publishes reference rates for calculating compensation in early mortgage cancellations
07 Sep 2026Effective: 07 Sep 202640 views
Who is affected:
Holders of fixed-rate mortgage loans who cancel early and financial institutions
Summary
The Bank of Spain publishes the IRS indices for August 2026 to calculate compensation for early cancellation of mortgage loans. The rates range from 2.814% at one year to 3.404% at twenty years.
Detailed analysis
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The Bank of Spain publishes monthly IRS (Interest Rate Swap) rates that financial institutions must use to calculate market value in compensation for interest rate risk in mortgage loans. For August 2026, the rates range from 3.012% at two years to 3.331% at thirty years, with a maximum of 3.404% at twenty years. The o…
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Resolución de 1 de septiembre de 2026, del Banco de España, por la que se publican los índices y tipos de referencia aplicables para el cálculo del valor de mercado en la compensación por riesgo de tipo de interés de los préstamos hipotecarios, así como para el cálculo del diferencial que se ha de aplicar para la obtención del valor de mercado de los préstamos o créditos que se cancelan anticipadamente.
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