Loan Repayment Calculator

A fixed rate (tasso fisso) gives you certainty: your rata stays the same for the whole term. A variable rate (tasso variabile) is linked to Euribor and can go up or down. Fixed rates are more popular in Italy because they protect you from rising rates. Variable rates can be cheaper at the start but carry more risk.

Yes. Since 2007, Italian law forbids banks from charging early repayment penalties on variable-rate mortgages and on fixed-rate mortgages taken after February 2007. You can make partial or full early repayments without extra cost. Check your contract for older mortgages.

Most Italian mortgages have terms of 20-30 years, with 25 years being the most common. The maximum is usually 30 years, and some banks cap the term so the borrower is no older than 75-80 at the end. Shorter terms mean higher monthly payments but much less total interest.