How Much Can I Borrow in Mexico?
Enter your monthly income, your savings and the rate you expect: you'll see the most expensive home you can afford, how big the loan would be and whether your income or your savings set the limit.
General values (Mexico). They don't account for regional rules or other costs that may apply. Check them with your lender or advisor.
More options
Enter your income, savings, interest rate and term.
A rough estimate with a fixed payment. Lenders will also look at your other debts and job stability.
Work out the mortgage for this home →Results are estimates. Solvemis accepts no responsibility for the results obtained or for how they are used. Always double-check the result and talk to a qualified professional before making decisions.
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How it works
How to use it
- Enter your gross monthly income and the savings you can put in.
- Add the interest rate you expect and the term.
- Check the values for Mexico already filled in and change them if your situation is different.
- See the maximum price, the breakdown and which limit applies.
How it is calculated
Two prices are calculated and the lower one wins. By income: the loan whose fixed payment is the chosen share of your income, plus your savings, minus closing costs. By savings: the price at which your savings exactly cover the part the bank doesn't finance plus the costs. The percentages are general values for Mexico. A second applicant's income is added to yours; other debt payments count the way the country's rule counts them.
Sources
- Tu primera casa — CONDUSEF, Proteja su Dinero magazine
- ¿Cuánto cuesta escriturar una casa en México? — Infobae
About this calculator
How it’s calculated
Buying a home has two limits at the same time. The first is the monthly payment: CONDUSEF recommends that the mortgage payment shouldn’t exceed 30% or 40% of your income, and 30% is used here. The second is savings: with 90% financing, the 10% down payment and the closing costs come out of your pocket. The calculator finds the price each limit allows and keeps the lower one.
What banks in Mexico look at
Besides your income, the bank checks your record at the credit bureau (buró de crédito), your other debts, how long you’ve been in your job and your age at the end of the term. If you have an Infonavit or Fovissste credit, the amount they lend depends on their own assessment and can be combined with a bank loan.
Closing costs in Mexico
The property acquisition tax (ISAI), the notary’s fees, the public registry and the appraisal add up to 4% to 8% of the home’s value, depending on the state. The 6% filled in is a general value: confirm it with your bank or adviser.
Frequently asked questions
What limits how much home I can buy?
Two things at once. Your income sets the highest monthly payment (a common reference is 30% of income) and your savings have to cover the down payment plus closing costs. The calculator works out both and tells you which one applies.
Why aren't closing costs part of the loan?
Because they're normally paid from your own funds at the deed signing, together with the down payment, so they come out of your savings.
Gross or net income?
Gross monthly income is used here. Each bank assesses your verifiable income in its own way. If you're buying with someone else, add both incomes.
What if we buy as a couple, or I already pay other loans?
Under «More options» you can add the second applicant's income, which is added to yours, and what you already pay each month for other loans, cards or leasing. In Mexico there is no single rule for other debts, so here their payments come off the share for the mortgage, which is the prudent choice.
Updated October 14, 2026
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