Crédito Hipotecario Calculator — Mexico
Estimate your monthly crédito hipotecario payment in MXN using Mexico's typical rates, and see the full interest cost. No signup, no tracking.
Local rates & providers
Bank mortgage ≈ 10.5–12% p.a. fixed. Infonavit loans ≈ 4–12% for eligible workers (payroll-deducted). Banxico rate 9%. Max tenure 20 years. Providers: BBVA México, Banorte, Santander, HSBC, Scotiabank.
Reference figures, ~2026. The Banco de México (Banxico) sets the policy rate; your offered rate depends on your profile, deposit and the lender. Verify current rates before deciding.
Worked example
For every MX$1,000,000 borrowed at 11.50% over 20 years:
- Monthly payment: MX$10,664
- Total repaid: MX$2,559,431
- Total interest: MX$1,559,431
Scale this to your loan amount — e.g. MX$3,000,000 costs about 3× these figures. A larger deposit and shorter term cut the interest sharply.
Frequently Asked Questions
How is the crédito hipotecario payment calculated in Mexico?
Lenders use the reducing-balance formula P × r × (1+r)ⁿ ÷ ((1+r)ⁿ − 1), where P is the loan, r the monthly rate and n the number of months. The fin·calc tool applies the same formula with Mexico's typical rate.
What is the current home loan rate in Mexico?
As a 2026 reference, typical rates are around 11.5% per year, linked to the Banco de México (Banxico) policy rate. Bank mortgage ≈ 10.5–12% p.a. fixed. Infonavit loans ≈ 4–12% for eligible workers (payroll-deducted). Banxico rate 9%. Max tenure 20 years. Providers: BBVA México, Banorte, Santander, HSBC, Scotiabank.
How much deposit do I need?
A larger down payment lowers both your rate and total interest, and reduces the lender's risk. Most lenders also add valuation, legal and registration costs on top of the deposit.
Can I reduce the total interest?
Yes — a bigger deposit, a shorter term, and extra or early repayments all cut total interest significantly. Use the prepayment option in the calculator to see your exact saving.