In a plan revealed at a the Moncloa Palace, Zapatero said unemployed workers would be able to defer repayment of up to 50 percent of their monthly mortgage bills for a maximum period of two years, ThinkSpain.com reported.
The plan is expected to benefit 500,000 homeowners, but has limitations, ThinkSpain said.
The aid would be available for mortgages worth up to $214,000 and have a cap of $632 a month, the report said.
The plan, which is scheduled for approval at Friday's Cabinet meeting, would also cover inactive self-employed workers with families, the report said.
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