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Mortgage loans: how much do you need to earn to buy an apartment in April 2026 - La Nacion Propiedades
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April 07, 2026
The required income varies depending on the bank and the loan term, but there is a minimum amount that must be met.
Before considering taking out a mortgage, it's important to know what your monthly income should be.(Photo: Social Media)
UVA (Purchasing Power Unit) mortgage credit lines returned to the Argentine market in 2024, and the main dilemma for potential borrowers to buy their own home remains proving income that supports the monthly payment.
The question that arises among most Argentinians is the following: how much do you have to earn to qualify for a mortgage loan ?
The impact of the rate hike
Rising bank interest rates and stricter credit scoring criteria are making it increasingly difficult to qualify for a mortgage .Some banks have already raised their annual nominal interest rate (TNA) to 17% , the highest to date. Meanwhile, Banco Nación not only increased its rate to 6% (though still the lowest nationwide) but also tightened its credit scoring requirements : meaning that a near-perfect credit profile is now needed to qualify for a loan.
The reasons behind this tightening are numerous: a lack of bank funding to lend significant amounts of money for 20 or 30 years, uncertainty , interest rates that increase monthly payments , and a country risk that keeps the financial system on high alert. “Raising the credit score to such a high level is a way of stopping lending without changing the interest rate,” acknowledged a real estate broker.
Despite this situation, some financial institutions have begun to lower their interest rates in recent weeks, bringing them even below 10% .
Some banks set minimum income requirements for users to access their UVA mortgage loan programs.(Unsplash)
The minimum income required by banks
There are entities that establish the minimum income requirements for users to access their UVA mortgage loan lines, and these are the following:- Banco Ciudad : the entity requires a family income starting at $3,186,000.
- Banco Credicoop : requires as a condition that the minimum income exceeds $3,000,000.
- Banco Del Sol : requires a minimum income of $1,000,000.
- ICBC : In this case, the necessary condition to request a loan is to have a minimum income equal to or greater than $1,100,000.
- BBVA : the bank requires a minimum income equal to or greater than four minimum, vital, and mobile wages, which is currently $1,409,600.
- Santander : $2,240,000 for the purchase of permanent housing.
- Supervielle : requires that the applicant have an income greater than $5,000,000.
However, it's also important to know that the initial payment on a mortgage must be equivalent to one-quarter of the applicant's income . Therefore, even though banks set minimum income requirements, you cannot apply for a mortgage without knowing this essential requirement.
With these figures in mind, the dream of owning a home through a mortgage becomes an even greater challenge. The current exchange rate and financial climate puts pressure on both banks, which are raising requirements and interest rates, and families, who must demonstrate incomes well above the average Argentine salary.
The paradox is clear: loans are back, but they are far from being accessible to most people .
How much is the down payment per bank?
Now, analyzing each bank individually, we can see how the down payment will vary depending on the interest rate offered by each financial institution. Below is the total amount to be paid for a $100 million loan over 20 years, broken down by bank:- BBVA: $813,866 (7.5% rate)
- Brubank: $1,212,380 (12% rate)
- City: with a rate of 12.5%, the initial payment will be $1,250,600
- Comafi: $998,371 (10.5%)
- Credicoop: $1,250,650 (12.5% interest rate)
- Del Sol: $992,500 (9% rate)
- Galicia: $1,447,900 (15% rate)
- Mortgage: $1,136,140 (12.5% rate)
- ICBC: $769,308 (6.9% rate)
- Macro: $1,500,000 (15% rate)
- Patagonia: $1,124,091 (12.5% rate)
- Santander: $933,054 (9.5% rate)
- Supervielle: $1,440,800 (15% rate) - term is up to 15 years -
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