Overview
- Cross-bank surveys, reported Monday, show wide gaps in first payments for a 20-year USD 100,000 loan, with Banco Nación at about ARS 756,536 and Comafi near ARS 1,050,258, while some lenders offer only 15-year terms that push installments higher.
- Banco Nación simulations for a USD 100,000 purchase indicate required net family income around ARS 3.67 million at 20 years with payroll deposited in the bank, falling to about ARS 3.24 million at 30 years.
- If the borrower does not deposit pay in the lending bank, quoted monthly payments jump to roughly ARS 1,172,657 at 20 years and the income needed rises to about ARS 4.69 million.
- Most banks finance 70% to 80% of a home’s price, so a USD 100,000 property typically needs about USD 25,000 in savings for the down payment.
- A separate Banco Nación case for an ARS 40 million loan over 25 years shows a starting payment near ARS 257,721 and required net income around ARS 1,030,882, with installments updated in UVAs, an inflation-linked unit.