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Mortgage loans: How much you need to earn to buy an apartment in June 2025 - La Nación Propiedades
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July 07, 2025
The required income varies depending on the bank and the term for which the loan is requested.
By Candela Contreras
The minimum income required to access a mortgage loan will depend on the entity where it is requested, the term and the amount.
Today, 24 financial institutions offer UVA (Purchasing Value Unit) mortgage credit lines , but the main dilemma for potential homeowners remains providing proof of income to support the monthly payment.
So far this year, the Argentine banking system has disbursed approximately US$1,193 million in UVA-indexed mortgage loans , of which US$298 million corresponds to May, according to the consulting firm Empiria.
Thus, a question that arises among most Argentines is: How much do you have to earn to qualify? In this article, we analyze the minimum income required by banks for a loan of $100 million (about US$83,300 at the exchange rate of $1,200) to purchase an apartment .
UVA mortgage loans adjust principal based on inflation , while the fixed interest rate is typically low compared to traditional loans.
Currently, banks in the country maintain these lines in force, with common requirements:
- Minimum seniority of 12 months
- Prove formal income that allows you to maintain the quota
- A fee-to-income ratio that, in most entities, does not exceed 25% of the monthly net income (in some cases it is 30%).
However, the wage barrier remains high. Despite the return of UVA loans, employed workers' salaries show a significant gap with the necessary income levels.
According to INDEC data, inflation in May was 1.5% , a slowdown compared to previous months and the lowest in the last five years. The periodic adjustment for inflation means that the rate can increase with rising prices, something to keep in mind in a country with a history of inflation.
It is key to know the necessary income required when applying for a mortgage loan to buy an apartment. Daniel Basualdo.
The minimum income required by banks
The minimum income to qualify for a loan of $100 million is $2,026,741 . This is the case with Banco Nación, which offers a 30-year term for payroll account customers (which has a 4.5% interest rate). The initial payment will be $506,685.The other 30-year options
Galicia (With a rate of 10%):
- Initial fee: $874,112
- Minimum income required: $3,496,448
BBVA (interest rate 9.5%):
- Initial fee: $847,230
- Minimum income required: $3,388,922
Patagonia (TNA 9.5%):
- Initial fee: $841,204
- Minimum income required: $3,364,819
Santander (Rate of 9.5%):
- Initial fee: $855,949
- Minimum income required: $3,423,797
20-year loan (240 months)
City (8.1% TNA):
- Initial fee: $844,555
- Minimum income required: $3,378,220
Hipotecario (has a rate of 9.5%):
- Initial fee: $952,266
- Minimum income required: $3,809,067
ICBC (with a rate of 8.9%):
- Initial fee: $893,176
- Minimum income required: $3,572,704
Macro (the rate is 9.5%):
- Initial fee: $906,802
- Minimum income required: $3,627,209
It's worth clarifying that the minimum income requirement and the loan installment amount will depend on several variables: the loan amount requested, the term, and the bank where the transaction is made.
Before starting any loan application, it's a good idea to simulate the loan using LA NACION's calculator to compare terms, rates, and amounts. This will also help you build a financial cushion to cope with potential inflationary surges and avoid budget mismatches.
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