Amount and term
Compare the amount borrowed and the term of each offer. Together they frame the instalment and the full monthly cost.
Could you be paying too much for your home loan?Find out how much you could save.
Compare the instalment and the insurance costs set out in the ESIS (FINE) to understand what you pay in total. We review the current terms of your loan, a renegotiation with your bank and transfer offers.
Lumina Crédito is the brand of EG CREDIT SOLUTIONS - Intermediários de Crédito Unipessoal, Lda, a tied credit intermediary registered with the Bank of Portugal under no. 8646, which provides the credit intermediation services. Lumina Crédito does not grant credit: the decision and the granting of credit rest with the credit institutions.
The full monthly cost
- Loan instalment
- Life insurance
- Home insurance
Full monthly cost
Also compare the term, the rates and the costs of the operation.
Indicative simulation
Your savings start with a comparison. Run your simulation now
Change the conditions below and compare the instalments. The capital, term and Euribor stay the same in both scenarios.
Use the Euribor applied to your contract. 12 months equals 1 year.
Simulated annual difference
€0.00
In this scenario, the instalment stays the same.
- Per month
- €0.00
- Calculated current instalment
- €765.09
- Simulated instalment
- €765.09
- Hypothetical difference over the full term300 months, at constant rates
- €0.00
Are you paying more than you need to on your home loan?
Speak to a Lumina Crédito specialist, with no obligation.
The values are pre-filled in the message. They will only be sent when you submit the form.
*Indicative simulation, assuming constant rates for 300 months. Does not include insurance, fees, taxes or transfer costs. Actual savings depend on the financing terms.
Indicative simulation. This is not an offer or a guarantee of savings or approval. Terms depend on the assessment of your case and on the financial institutions.
How the calculation works
We calculate a constant instalment of capital and interest, with the same capital, term and Euribor in both scenarios. Rates are assumed to stay constant until the end of the term, including when negative.
The total difference is the monthly difference multiplied by the number of months, with no intermediate rounding. The calculation is done in your browser, with no data sent.
Simulated annual difference€0.00
Looking at the full monthly cost.
Rate type, nominal rate (TAN) and spread
We explain the rate type, the nominal annual rate (TAN) and the spread of each offer. Where there are periods with different terms, we show the rate and the instalment for each period.
Insurance costs
We set out the cost of the life insurance and the home insurance shown in the ESIS (FINE) as part of the cost of the loan.
APRC (TAEG) and linked products
We explain the APRC (TAEG) and the linked products in each offer, so you can compare the financing terms.
Renegotiate or transfer
The answer may be a renegotiation with your bank or a transfer of the loan. We explain the terms of each offer.
What to prepare for the review
To request a contact, just fill in the form. The documents are gathered later.
- Identity document (Portuguese Citizen Card, residence permit or passport)
- Last 3 payslips
- Latest Portuguese tax return (IRS) and tax assessment
- Last 3 bank statements
- Bank of Portugal Central Credit Register statement (Mapa de Responsabilidades de Crédito)
- Employment confirmation letter or employment contract
- ESIS (FINE) of your current loan
- Purchase deed
After the first contact, we send the list of documents for your type of operation and explain anything that is missing.
See the process and the documentsPrepare your next step.
Talk to a specialistInstitutions we work with
- Caixa Geral de Depósitos, S.A.
- Banco Santander Totta, S.A.
- Banco BPI, S.A.
- Novo Banco, S.A.
- BBVA, Instituição Financeira de Crédito, S.A.
- Bankinter, S.A. (Sucursal em Portugal)
- Unión de Créditos Inmobiliarios, S.A.
- Abanca Portugal, S.A.
Lenders with which we have a tied agent agreement. No exclusivity.
Ready to move forward.
Frequently asked questions
What does the review of my loan include?
We review the terms of your loan and the costs set out in the ESIS (FINE), including the insurance costs. The review of insurance cover and any insurance offers are handled by the partner to whom we refer the request.
Do I have to change banks?
Not necessarily. We look at the possibility of renegotiating with your bank and compare credit transfer offers.
Can you guarantee a lower instalment?
The outcome depends on the review of your case and on the terms offered by the banks. If there is room for improvement, we show you concrete figures. If there is not, we explain the result of the review.
What will I be able to compare?
The amount, the term, the interest rate, the spread, the instalment and the insurance costs set out in the ESIS (FINE). We also explain the APRC (TAEG), the linked products and the full monthly cost shown in the loan offer.
Which documents do I need to prepare?
For a home loan, we need: Identity document (Portuguese Citizen Card, residence permit or passport); Last 3 payslips; Latest Portuguese tax return (IRS) and tax assessment; Last 3 bank statements; Bank of Portugal Central Credit Register statement (Mapa de Responsabilidades de Crédito); Employment confirmation letter or employment contract. For a credit transfer, we also need the ESIS (FINE) of your current loan and the purchase deed. After the first contact, we send the final list for your case.
How long does the process take?
It depends on the documents needed, the review and the banks' response. We make the first contact within 24 to 48 hours of your request, on working days. This period refers to the first contact, not to the credit decision, which rests with the credit institutions. We stay in touch throughout the process.
What does the review and the transfer cost?
By law, credit intermediation services are free of charge for the consumer, and this applies only to the intermediation, not to the costs of the credit agreement. The review and the advice on credit also cost you nothing. Lumina Crédito is paid by the financial institutions with which it has a tied agent agreement, as provided by law. The costs of the financing itself and of any transfer are set out before you decide.
Talk to Lumina Crédito
Leave your details. A specialist follows your request and explains the next steps. For home loans, we support you all the way to the deed.
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Lumina Crédito number for messages.
comercial@luminacredito.comeduardo.graca@luminacredito.com