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Mortgage loans: How much you need to earn to buy an apartment in September 2025 - La Nacion Propiedades
September 11, 2025
The required income varies depending on the bank and the term for which the loan is requested, but there is a minimum that must be met.
How much do you need to earn to qualify for a mortgage loan in Argentina?Photo by Tierra Mallorca on Unsplash
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.
The question that most Argentines ask themselves is: How much do you have to earn to qualify for a mortgage?
Added to this are rising bank interest rates and stricter credit scoring criteria , which make access requirements increasingly more demanding. These three new increases make it increasingly difficult to access a bank mortgage loan .
The clearest example was Banco Macro , which raised its annual nominal interest rate (APR) to 15% , its highest rate to date. Meanwhile, Banco Nación did not raise its rate, but it did raise its credit scoring requirements . This means that a near-perfect credit profile is now required to qualify for a loan.
UVA mortgage loans update capital based on inflation. FreePik
The reasons behind this tightening are multiple: a lack of funding for banks to lend significant amounts of money over 20 or 30 years, pre-election uncertainty , rates that are making installments more expensive , and a country risk that keeps the financial system on alert. "Raising the scoring rate to such a high level is a way to stop lending without changing the rate," acknowledged a real estate broker .
In the case of Banco Nación , which offers 30-year lines of credit at a 4.5% interest rate for payroll account holders, applying for a loan of $100 million (about US$70,175 at the official exchange rate) requires proof of income of $2,026,741 . The initial monthly payment starts at $506,685, a figure that already sets a threshold for a large portion of the population.
With these numbers on the table, the dream of accessing housing through a mortgage becomes a greater challenge. The exchange rate and financial situation is putting pressure on both banks, which are raising requirements and rates, and on families, who must demonstrate incomes well above the average Argentine salary.
The paradox is evident: credits are back, but they are far from being accessible to the majority .
www.buysellba.com
September 11, 2025
The required income varies depending on the bank and the term for which the loan is requested, but there is a minimum that must be met.
How much do you need to earn to qualify for a mortgage loan in Argentina?Photo by Tierra Mallorca on Unsplash
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.
The question that most Argentines ask themselves is: How much do you have to earn to qualify for a mortgage?
The impact of the dollar and rates
The situation has become more complex in recent months. The rise of the dollar has increased the price of real estate measured in local currency . For example, in June, with the dollar at $1,200, $100 million was equivalent to approximately US$83,300. Today, with the currency at $1,425, that same figure drops to US$70,175.Added to this are rising bank interest rates and stricter credit scoring criteria , which make access requirements increasingly more demanding. These three new increases make it increasingly difficult to access a bank mortgage loan .
The clearest example was Banco Macro , which raised its annual nominal interest rate (APR) to 15% , its highest rate to date. Meanwhile, Banco Nación did not raise its rate, but it did raise its credit scoring requirements . This means that a near-perfect credit profile is now required to qualify for a loan.
UVA mortgage loans update capital based on inflation. FreePik
The reasons behind this tightening are multiple: a lack of funding for banks to lend significant amounts of money over 20 or 30 years, pre-election uncertainty , rates that are making installments more expensive , and a country risk that keeps the financial system on alert. "Raising the scoring rate to such a high level is a way to stop lending without changing the rate," acknowledged a real estate broker .
The minimum income required by banks
Some banks establish minimum income requirements for users to qualify for their UVA mortgage credit lines. These are:- Banco Credicoop : requires a minimum income of over $2,000,000 as a requirement
- 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.
- Santander : $1,300,000 for permanent home purchase and $1,700,000 for non-permanent home purchase
- Supervielle : requires that the applicant have an income greater than $2,500,000
- BBVA : The bank requires a minimum income equal to or greater than four times the minimum living wage. That is, $1,288,800, as of today.
In the case of Banco Nación , which offers 30-year lines of credit at a 4.5% interest rate for payroll account holders, applying for a loan of $100 million (about US$70,175 at the official exchange rate) requires proof of income of $2,026,741 . The initial monthly payment starts at $506,685, a figure that already sets a threshold for a large portion of the population.
With these numbers on the table, the dream of accessing housing through a mortgage becomes a greater challenge. The exchange rate and financial situation is putting pressure on both banks, which are raising requirements and rates, and on families, who must demonstrate incomes well above the average Argentine salary.
The paradox is evident: credits are back, but they are far from being accessible to the majority .
www.buysellba.com
