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    Simulate your real estate loan instantly 🇮🇹 Italy

    Buying a home Italy costs more than the asking price: on a property of €200,000.00, acquisition costs come to roughly €11,500.00, or 5.8 % of the price. The heaviest items are vat (new build) (€8,000.00), notary fees (€3,000.00), mortgage tax (new build) (€500.00). These are paid in cash on top of the deposit rather than borrowed, which is the usual surprise for a first-time buyer. On the financing side, at the average rate of 3.8 % currently observed, borrowing over 20 years after a deposit of €20,000.00 gives a monthly payment of about €1,123.00 including insurance. The calculator below takes those same figures and recalculates them on your own price, deposit and term, with the fees broken out line by line, because that is where most of the difference between one country and another actually sits, not in the interest rate.

    Parameters

    Adjust the sliders to update the simulation

    200,000 €
    5,000 €1,500,000 €
    20,000 € (10%)
    0 €180,000 €
    20 years (240 months)
    1 years30 years
    3.8 %
    0.1 %15 %
    0.34 %
    0 %1 %
    Loan amount€180,000.00
    Loan payment€1,071.89
    Insurance / month€51.00
    Monthly payment€1,122.89
    Total fees€11,500.00
    Monthly payment

    €1,122.89

    incl. €51.00 insurance

    Total loan cost

    €89,493.27

    interest + insurance

    Total fees

    €11,500.00

    3 fee

    Total cost of ownership

    €100,993.27

    Principal + Interest + acquisition fees

    Acquisition

    New build

    fees breakdown 🇮🇹 Italy

    FeeRateAmount
    VAT (new build)4.00%€8,000.00
    Notary fees1.50%€3,000.00
    Mortgage tax (new build)0.25%€500.00
    Total fees5.8%€11,500.00

    Cost breakdown

    Fair
    Principal 70%
    Interest 30%

    Borrowed principal

    €180,000.00

    Interest cost

    €77,253.27

    Chart analysis

    Evolution of outstanding balance, repaid principal, and cumulative interest over time.

    0y1y1y2y2y3y4y5y5y6y7y7y8y9y10y10y11y12y13y13y14y15y16y16y17y18y19y19y20y0 €45k €90k €135k €180k €
    Remaining balance
    Cumulative interest
    Repaid principal

    Amortization schedule

    Year-by-year repayment breakdown

    20 years
    YearPrincipal repaidInterest paidTotal paidRemaining balance
    1
    Year 1
    €6,128.67€6,733.99€12,862.66€173,871.33
    2
    Year 2
    €6,365.66€6,497.00€12,862.66€167,505.66
    3
    Year 3
    €6,611.82€6,250.85€12,862.66€160,893.85
    4
    Year 4
    €6,867.49€5,995.18€12,862.66€154,026.36
    5
    Year 5
    €7,133.04€5,729.62€12,862.66€146,893.32

    Loan details

    Property price€200,000.00
    Down payment€20,000.00
    Loan amount€180,000.00
    Annual rate3.8%

    Payment schedule

    Term20 years
    No. of payments240
    Loan payment€1,071.89
    Total payment€1,122.89

    Loan cost

    Total interest€77,253.27
    Total insurance€12,240.00
    Acquisition fees€11,500.00
    Total cost of ownership€100,993.27

    Mutuo Calculator 2025 – Taxes & Monthly Payment in Italy

    Calculate your mutuo: imposta di registro (2% prima casa or 9%), IVA on new builds and notary fees. Monthly payment with full amortization plan included.

    Buying Property in Italy: A Complete Overview

    Italy is a dream destination for property buyers, from Tuscan farmhouses to Milanese apartments. The buying process begins with a proposta d'acquisto (purchase proposal), followed by a compromesso or contratto preliminare (preliminary contract) that requires a deposit of typically 10-30% of the price. The final rogito (deed of sale) is executed before a notary (notaio), who is a public official responsible for verifying the legality of the transaction. The tax treatment depends on whether the property is new or resale and whether it is your primary residence (prima casa). For a resale primary residence, registration tax is just 2% (minimum 1,000 EUR). For a non-primary resale, registration tax jumps to 9%. New builds from a developer are subject to IVA (VAT) at 4% for prima casa or 10% otherwise. The real estate agent (agente immobiliare) typically charges 3-4% plus VAT from each party.

    Italian Mortgage Rates and the Prima Casa Benefit

    Italian banks offer both fixed-rate (tasso fisso) and variable-rate (tasso variabile) mortgages, with terms typically ranging from 10 to 30 years. Italian lenders generally finance up to 80% of the property's appraised value (the lower of purchase price or appraisal), meaning you need at least a 20% down payment. The prima casa (first home) benefit provides significant tax savings: reduced registration tax or VAT, and reduced mortgage registration tax (imposta ipotecaria). To qualify, you must establish residency in the municipality within 18 months of purchase and cannot own another property purchased with prima casa benefits. Mortgage interest deductions are available on your Italian tax return for primary residences, up to a maximum of 4,000 EUR per year at 19%. Foreign buyers can access Italian mortgages, though documentation requirements are more extensive and some banks may limit financing to 60% LTV for non-residents.

    Frequently Asked Questions:Buying Property in Italy

    What taxes do I pay when buying property in Italy?

    Taxes depend on the property type and your status. For a resale primary residence (prima casa): 2% registration tax (minimum 1,000 EUR), 50 EUR mortgage tax, 50 EUR cadastral tax. For a resale non-primary residence: 9% registration tax, 50 EUR each for mortgage and cadastral tax. For new builds from a developer: 4% IVA (VAT) for prima casa or 10% otherwise, plus 200 EUR each for registration, mortgage, and cadastral taxes.

    What is the prima casa benefit in Italy?

    The prima casa (first home) benefit dramatically reduces purchase taxes for buyers acquiring their primary residence. You must not own another property with prima casa benefits, must establish residency within 18 months, and cannot sell within 5 years without reinvesting. The benefit reduces registration tax from 9% to 2% for resale properties or VAT from 10% to 4% for new builds.

    How much do Italian notary fees cost?

    Italian notary fees (parcella notarile) typically range from 1,500 to 3,500 EUR, though they can be higher for complex transactions or expensive properties. The notary's fee covers drafting the deed of sale, performing legal checks, registering the transaction, and ensuring compliance with all regulations. The notary also handles the mortgage deed (atto di mutuo) if you are financing the purchase, which incurs an additional fee.

    Real Estate Glossary:Italy

    Rogito (Atto di Compravendita)

    The final deed of sale in an Italian real estate transaction, signed before a notary. It officially transfers ownership and is registered with the land registry (catasto). The rogito includes the agreed price, property details, and any conditions.

    Prima Casa

    A tax benefit regime for first-time primary residence purchases in Italy, offering significantly reduced registration taxes or VAT. The buyer must establish residency in the municipality within 18 months and retain ownership for at least 5 years.

    Imposta di Registro (Registration Tax)

    A tax charged on resale property purchases in Italy. For primary residences (prima casa), the rate is 2% of the cadastral value; for non-primary residences, it is 9%. New builds from developers are subject to IVA (VAT) instead.

    Global Finance

    Indicative simulation – this does not constitute a mortgage offer.

    Global Finance is a free online mortgage simulation tool. The results (monthly payments, rates, total cost, amortization schedule) are provided for informational purposes only and do not constitute a loan offer in any way. For a real estate project, rental investment, or loan refinancing, consult your bank or a mortgage broker.