Crédito hipotecario Calculator Argentina

Market overview

Argentina's mortgage market collapsed in 2018-2023 due to extreme inflation (peaking at 211% YoY in late 2023) and currency volatility. The Milei administration (December 2023) launched aggressive stabilization, dropping inflation to 25-30% by early 2026, which revived UVA-indexed lending. Major lenders: Banco Nación, Banco Provincia, Banco Galicia, Santander Río, BBVA Argentina. The UVA (Unidad de Valor Adquisitivo) mortgage product, indexed to CPI plus a small real rate, is the only meaningful long-tenor mortgage available.

Why 7.5% is the typical rate

7.5% reflects the UVA-indexed real rate (above inflation) for a salaried borrower at 75% LTV in early 2026. Actual nominal rate paid = 7.5% + CPI adjustment, so during the 25%+ inflation period, total nominal cost is around 32-35%. As inflation normalizes toward 10-15% in 2027 projections, UVA mortgages become much more comparable to other Latin American markets.

Tax & regulatory notes

Mortgage interest is partially deductible against income tax (up to ARS 20,000/year — a token amount given current price levels, but still nominally available). Property transfer tax (ITI) is 1.5% of declared value, plus stamp tax of 1.5-3.5% depending on province. CABA (Buenos Aires city) charges 3.5% stamp duty, the highest. The cepo cambiario (currency controls) historically distorted property pricing, with informal "blue dollar" deals common — Milei reforms in 2024-2025 partially loosened these restrictions.