Uruguay mortgage calculator

Enter the property value, the amount you need and your income to compare estimated payments, rates and minimum income requirements from BHU, Itaú and Santander.

Property currency
U$S
70%U$S 105.000
20 years
$

Optional — used to assess whether the loan is affordable.

Exchange rates used — UI $6,60 · US dollar $41

Mortgage payment comparison

Estimated monthly payment in Uruguayan pesos for a loan of U$S 105.000. Estimates are for guidance and are not binding.

BHU

Government-owned · TEA 3.75%

Lowest payment

Estimated monthly payment

$ 25.383 /month

equivalent to UI 3.846 · term 20 years

Minimum income

$ 101.532

Payment/income

25%

Financing (LTV)

70% / max 95%

Status

Eligible

  • Rates in UI start at 3.75% and vary by term, LTV and applicant profile.
  • Finances up to 95% for purchases with the mortgage guarantee fund; up to 90% for construction.
  • Préstamo Soñado: up to 100% with additional collateral, from 4.50% effective annual interest.
  • Payment-to-income ratio: 25%, or 30% with payroll deduction.
  • Appraisal fee: UI 2,500, creditable under BHU's conditions.

Itaú

Private · TEA 3.75%

Estimated monthly payment

$ 25.383 /month

equivalent to UI 3.846 · term 20 years

Minimum income

$ 72.523

Payment/income

35%

Financing (LTV)

70% / max 80%

Status

Eligible

  • Rates in UI start at 3.75%.
  • Finances up to 80% of the property value.
  • Approximate maximum loan: UI 4,500,000.
  • Payment-to-income ratio up to 35%.
  • Requires 24 months of employment history.

Santander

Private · TEA 3.75%

Estimated monthly payment

$ 29.309 /month

equivalent to UI 4.441 · term 20 years

Minimum income

$ 83.739

Payment/income

35%

Financing (LTV)

70% / max 95%

Status

Eligible

  • Rates in UI start at 3.75%.
  • Finances up to 95% of the purchase price, in UI or US dollars.
  • Minimum household income: UI 10,000.
  • Finances costs within the loan (approximately 4% of principal).
  • Payments include insurance, administration and appraisal fees.
  • The first payment is due after 90 days.

Would you like help arranging this mortgage?

An advisor will send you this calculation and the available options, free of charge.

What about BROU?

BROU does not provide long-term residential mortgages. Government-backed home lending is handled by BHU, where BROU customers may qualify for a discounted rate.

· Rates are starting rates and depend on each applicant's credit profile.

· The UI and US dollar exchange rates change daily, so the payment in pesos is indicative.

· This tool is for guidance only and is not a binding offer by any bank. Always confirm the terms with the institution.