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Mortgage loans: how much do you need to earn to buy an apartment in December 2025 - La Nacion Propiedades
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www.lanacion.com.ar
The required income varies depending on the bank and the loan term, but there is a minimum income that must be met.
Some banks establish, among their requirements, the minimum income that applicants must have to request a mortgage loan. Freepik
UVA (Purchasing Power Unit) mortgage credit lines returned to the Argentine market at the end of 2024, but 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 ?
Added to this is the increase in bank interest rates and a tightening of credit scoring criteria , making access requirements increasingly demanding. These three new increases are making it increasingly difficult to obtain a bank 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 . This means that a near-perfect credit profile is now needed to qualify for a loan.
Tightening banking conditions are making it increasingly difficult to obtain a mortgage.Inna Kot - Shutterstock
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.
However, it's also important to know that the initial down 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.
www.buysellba.com
Source:
Créditos hipotecarios: cuánto hay que ganar para comprar un departamento en diciembre 2025
Los ingresos requeridos varían dependiendo del banco y del plazo por el cual se solicite el préstamo pero hay un mínimo con el que se debe contar
www.lanacion.com.ar
The required income varies depending on the bank and the loan term, but there is a minimum income that must be met.
Some banks establish, among their requirements, the minimum income that applicants must have to request a mortgage loan. Freepik
UVA (Purchasing Power Unit) mortgage credit lines returned to the Argentine market at the end of 2024, but 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 dollar and interest rates
The situation has become more complex in recent months. The rise in the dollar has increased the cost of real estate when measured in local currency . For example, in June, with the dollar at $1200, $100 million was equivalent to about US$83,300. Today, with the currency at $1450, that same figure drops to US$68,965.Added to this is the increase in bank interest rates and a tightening of credit scoring criteria , making access requirements increasingly demanding. These three new increases are making it increasingly difficult to obtain a bank 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 . This means that a near-perfect credit profile is now needed to qualify for a loan.
Tightening banking conditions are making it increasingly difficult to obtain a mortgage.Inna Kot - Shutterstock
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.
The minimum income required by banks
Some banks set minimum income requirements for users to access their UVA mortgage loans. These are:- Banco Credicoop : requires a minimum income exceeding $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 times the minimum wage. That is, $1,288,800 as of today. However, for their preferential 8% interest rate, the minimum income is $5,000,000.
- Santander : $1,540,000 for the purchase of permanent housing and $1,700,000 for non-permanent housing.
- Supervielle : requires that the applicant have an income exceeding $5,000,000
However, it's also important to know that the initial down 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.
www.buysellba.com
