Banco Nación mortgage loans with monthly payments of $255,000: this is the house you can buy.

Banco Nación currently offers UVA mortgage loans for the purchase or exchange of a permanent home or for the acquisition of a second home .

The loans allow financing up to 75% of the property value , with amounts that cannot exceed the equivalent in pesos to 260,000 UVAs , and initial installments from $255,359 .

This line is designed for those who want to purchase a property, for example, a two-bedroom apartment valued at approximately $55,000,000 . Financing is provided in UVAs (Purchasing Value Units) and includes terms of up to 30 years , with fixed interest rates and special conditions for those who receive their pensions through the institution.

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For the purchase of a two-room apartment with a value of $55,000,000 , Banco Nación allows you to apply for a mortgage loan of $41,250,000 , equivalent to 75% of the value of the home .

In this case, selecting a 30-year term, receiving payments through Banco Nación , and opting for the CVS cap option , the estimated down payment is $255,359 per month . This amount is derived from a loan of 27,082.75 UVAs , with the property valued at 36,110.33 UVAs , according to the bank's official simulator.

To qualify for this loan, the required monthly net income must be at least $1,021,436 for borrowers with co-signers, or $510,718 for single borrowers.

The UVA system adjusts the contribution based on inflation, but those who opt for the CVS cap will have a protection mechanism that limits the increase when salaries grow below inflation, providing greater long-term predictability.

To apply for UVA mortgage loans from Banco Nación , it is necessary to meet a series of basic requirements:

• The loan must be used for the acquisition or change of a permanent residence or a second home .
• The maximum loanable amount is up to the equivalent in pesos of 260,000 UVAs .
• The property's value cannot exceed the aforementioned limit, and the loan covers up to 75% of its value.
• The loan is granted for a term of up to 30 years and is disbursed in a single payment.

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Interest rates vary depending on the applicant's relationship with the bank. For those who receive their salary at Banco Nación and choose the CVS cap option, the Annual Nominal Rate (ANR) is 4.5% , with a Total Financial Cost (TFC) of 6.34% .

Regarding job requirements:

• Employment relationship: minimum 1 year of seniority , with at least 6 months in the current position.
• Contracted: at least 4 years of seniority with a current contract.
• Monotributistas and self-employed workers: minimum 2 years of verifiable activity , plus 1 year in the current category in the case of monotributistas.

Applicants must present a national identity document (DNI ), proof of income (pay stubs or accounting certification), and, in the case of self-employed workers, tax documentation that supports their activity.