Mortgage loans from Banco Nación: buy an $80 million home with a down payment starting at $795,000

Banco Nación maintains its UVA mortgage loan line for the purchase or exchange of a single or second home. This financing provides access to an inflation-adjusted loan with fixed rates and terms of up to 30 years .

The maximum loanable amount is the equivalent in pesos to 260,000 UVAs , and the financing percentage can reach 75% of the property's value in the case of a purchase. In this article, we explain the estimated monthly payment if you request $60,000,000 for a home worth $80,000,000 , according to the official Banco Nación loan calculator.

According to Banco Nación 's loan simulator, if you apply for a $60,000,000 loan to purchase an $80,000,000 property, the estimated monthly payment is $397,728 . This represents 75% of the purchase price , the maximum amount allowed by the bank for the acquisition of a single, permanent home .

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The loan is calculated with a 25-year term, a fixed Annual Nominal Rate (ANR) of 4.5% , and adherence to the CVS (Salary Variation Coefficient) cap option, which limits the impact of inflation on the installment. The installment is expressed in 259.31 UVAs , and the current value of the UVA ( $1,533.81 ) results in the figure in pesos.

For this transaction, the household's net income must be $1,590,912 per month, and the minimum income of the holder must be $795,456 . The simulated loan meets the conditions for those who receive salaries from Banco Nación and apply for the single-family home .

To access these loans, applicants must meet certain employment conditions and present supporting documentation.

Employees must have at least one year of seniority , with a minimum of six months in their current job . Self-employed individuals must prove two years of professional practice through their income tax returns, and micro-entrepreneurs must also have two years of registration and one year in their current category .

Among the required documentation, Banco Nación requests:

• DNI of all applicants
• Last 3 pay stubs (in the case of employees)
• Proof of payment of pension contributions or single tax
• Income certification signed by an accountant (for self-employed workers)
• Proof of registration with AFIP

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The maximum loanable amount is the equivalent in pesos to 260,000 UVAs , which today represents approximately $394,635,800 . Assistance cannot exceed 75% of the property's purchase or appraisal value , whichever is lower. In the case of a change of residence, up to 100% of the difference between the new property and the old one can be financed.

The loan is a lump sum and can be repaid over 5, 10, 15, 20, 25, or 30 years . The fixed rate starts at 4.5% per year for those who receive their income from Banco Nación . There are also differentiated rates for those who do not receive their income from the BNA or for second homes , with APRs of up to 8% and CFT APRs of up to 10.23% .