Buying a home in Brazil: mortgage rates and costs

What a mortgage typically costs in Brazil right now, how the central bank rate compares, and a worked monthly payment example you can adjust in our calculators.

Typical mortgage rate

11.5% – 13%

SBPE long-term financing for properties up to ~R$1.5m. Outside SBPE, rates are materially higher.

As of 2025-11-28. Source

Central bank rate

15%

Banco Central do BrasilSelic target rate

As of 2025-10-29. Source

Example monthly payment in Brazil

Example monthly payment in Brazil
Purchase priceR$800,000
Deposit (20%)R$160,000
Loan amountR$640,000
Interest rate12.25% · 30-year term
Estimated monthly paymentR$6,707

Illustration only, using the midpoint of the typical rate range. It excludes taxes, insurance and fees. Adjust the figures in the mortgage calculator.

Calculators for Brazil

Related guides