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Mortgage loans: How much do you have to pay in installments for borrowing $80,000,000 to be paid over 30 years? - La Nacion Propiedades
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www.lanacion.com.ar
May 10, 2025
The loan installment cannot exceed 25% of the applicant's monthly income; how much must be earned per month and what would be the amount to be paid?
According to the amount requested and the time it will be repaid, the monthly payment amount for a mortgage loan is calculated.Shutterstock
The return of UVA (Purchasing Value Unit) mortgage loans , starting in April 2024, has generated great expectations among people who dream of owning their own home. The possibility of financing is essential for facing an expense as large as the purchase of a property .
Thus, accessing a UVA loan line , currently offered by 24 banks , requires meeting certain requirements, including demonstrating sufficient income. How much do you have to earn to qualify? In this article, we analyze the minimum income banks require for an $80 million loan and how the payment varies depending on the term chosen .
To access a UVA loan , in most cases, the initial installment to be paid cannot exceed 25% of the monthly income of the applicant or family group, except for some banks in which the income-to-installation ratio is 30% .
The initial fee to be paid cannot exceed 25% or 30% of the applicant's monthly income.Sora Shimazaki / Pexels
In this scenario, to qualify for this loan, the applicant or family group should have:
Another example of a fee, taking a rate of 8%, as is the case for applicants who do not have a salary account at that bank, the fee would be $587,012
In this case, how much is there to win?
Therefore, although banks now allow you to simulate installments and amounts on their websites, experts recommend keeping in mind that a UVA mortgage loan is a long-term commitment and requires planning . The general recommendation is not to commit more than 25% or 30% of your total income to the down payment, and to anticipate that this ratio may change over time if inflation rises.
To find the best options for your needs, visit LA NACION's Mortgage Loan Calculator. It will let you know which banks qualify you and the conditions at each one, based on your requirements.
www.buysellba.com
Source:
Créditos hipotecarios: cuánto hay que pagar de cuota por pedir $80.000.000 a pagar en 30 años
La cuota del crédito no puede superar el 25% de los ingresos mensuales del solicitante; cuánto hay que ganar por mes y cuál sería el valor a pagar
www.lanacion.com.ar
May 10, 2025
The loan installment cannot exceed 25% of the applicant's monthly income; how much must be earned per month and what would be the amount to be paid?
According to the amount requested and the time it will be repaid, the monthly payment amount for a mortgage loan is calculated.Shutterstock
The return of UVA (Purchasing Value Unit) mortgage loans , starting in April 2024, has generated great expectations among people who dream of owning their own home. The possibility of financing is essential for facing an expense as large as the purchase of a property .
Thus, accessing a UVA loan line , currently offered by 24 banks , requires meeting certain requirements, including demonstrating sufficient income. How much do you have to earn to qualify? In this article, we analyze the minimum income banks require for an $80 million loan and how the payment varies depending on the term chosen .
To access a UVA loan , in most cases, the initial installment to be paid cannot exceed 25% of the monthly income of the applicant or family group, except for some banks in which the income-to-installation ratio is 30% .
The initial fee to be paid cannot exceed 25% or 30% of the applicant's monthly income.Sora Shimazaki / Pexels
The installment for a loan of $80 million
Taking the rate of Banco Nación, the entity that concentrates the largest percentage of the market, which is 4.5% for salary accounts, the value of the installment for a loan of $80,000,000 for 30 years (360 months) would be $405,348 (282.95 UVAs).In this scenario, to qualify for this loan, the applicant or family group should have:
- Monthly income of $1,621,393 , if the bank requires that the installment does not exceed 25% of the income
- Monthly income of $1,351,160 , if the quota-income ratio is 30%.
Another example of a fee, taking a rate of 8%, as is the case for applicants who do not have a salary account at that bank, the fee would be $587,012
In this case, how much is there to win?
- Minimum monthly income of $2,348,047 if the bank applies 25%
- Minimum monthly income of $1,956,706 if you accept up to 30%
Why is it adjusted for inflation?
UVA loans are tied to the evolution of the CER index, which reflects inflation. This means that, while the initial payment is lower than with other traditional loans, the payments increase over time in line with price increases.Therefore, although banks now allow you to simulate installments and amounts on their websites, experts recommend keeping in mind that a UVA mortgage loan is a long-term commitment and requires planning . The general recommendation is not to commit more than 25% or 30% of your total income to the down payment, and to anticipate that this ratio may change over time if inflation rises.
To find the best options for your needs, visit LA NACION's Mortgage Loan Calculator. It will let you know which banks qualify you and the conditions at each one, based on your requirements.
www.buysellba.com
