spread
Published 8 November 2026, 21:11
spread
The bank's margin on top of the Euribor base rate: together they make up your mortgage interest rate. Euribor changes on its own and is the same for everyone; the spread is written into the contract and stays fixed for the whole term of the loan.
Where you come across it. A home loan contract, the bank's offer (FINE), letters about your repayment being recalculated.
It is the only part of the rate you can negotiate, either with your own bank or by moving the loan to another bank (transferência de crédito). Banks often lower the spread in exchange for a salary account, insurance or a card — work out what those conditions cost you, and compare banks on the TAEG, not on the spread alone.