Buying a home in Mexico: mortgage rates and costs
What a mortgage typically costs in Mexico right now, how the central bank rate compares, and a worked monthly payment example you can adjust in our calculators.
Typical mortgage rate
9.5% – 11.5%
Banco-issued fixed-rate mortgage, 20-year. Infonavit/Fovissste loans for formal workers price separately.
As of 2025-11-28. Source
Example monthly payment in Mexico
| Purchase price | MX$3,000,000 |
|---|---|
| Deposit (20%) | MX$600,000 |
| Loan amount | MX$2,400,000 |
| Interest rate | 10.5% · 20-year term |
| Estimated monthly payment | MX$23,961 |
Illustration only, using the midpoint of the typical rate range. It excludes taxes, insurance and fees. Adjust the figures in the mortgage calculator.