Brazil 💰 BRL Last updated2026-05-28

Financiamento imobiliário Calculator Brazil

⚡

Quick answer (Brazil)

A R$400,000 financiamento at 11.5% over 30 years under SFH works out to a monthly payment of about R$ 3.961, with total interest of R$ 1.026.020 over the full term.

🏠

Mortgage Calculator

BRL

Home Value

LTV 80% · No PMI ✓

Loan Amount

Interest Rate

Term

Total Monthly

R$ 4.628

PITI

Principal + Interest

R$ 3.961

72% goes to interest

Total Interest

R$ 1.026.020

over 30 years

Monthly Breakdown

Principal & InterestR$ 3.961

Property Tax (1.1%/yr)R$ 458

Homeowner's Insurance (0.5%/yr)R$ 208

Total MonthlyR$ 4.628

Principal vs Interest Split

28% principal

72% interest

✨ Live recalculation·Includes P&I, property tax, insurance. Estimates only — consult a licensed lender for exact rates.

Reviewed by

Aisha Rahman, CFP®, MBA LinkedIn ↗

CFP® with 12+ years in mortgage & retirement planning.

Local context

Financiamento imobiliários in Brazil

Typical loan

R$ 400.000

in Brazil

Typical rate

11.5% p.a.

prime borrower, 2026

Typical term

30 years

most common

Market overview

Brazilian home financing (financiamento imobiliário) operates within the Sistema Financeiro de Habitação (SFH) — a regulated framework with rate caps and FGTS-fund eligibility. Caixa Econômica Federal dominates with ~70% of housing finance market share. Private players include Banco do Brasil, Itaú, Bradesco, and Santander Brasil. Rates remain among the highest in the BRICS due to Brazil's elevated Selic rate (10.5-11% in 2025-26).

Why 11.5% is the typical rate

11.5% (pre-FGTS) is the typical 30-year financiamento SFH rate at 80% LTV. With FGTS subsidy applied, effective rates can drop 2-3% for eligible employees. Above the SFH ceiling (R$ 1.5 million property, R$ 1.32 million loan), Sistema Financeiro Imobiliário (SFI) rates apply — typically 12-14%.

Tax & regulatory notes

No mortgage interest deduction in personal income tax. ITBI (Imposto sobre Transmissão de Bens Imóveis) ranges 2-3% per municipality. Registry costs (cartório) add ~1%. SFH-eligible loans can use FGTS (worker fund) for down payment, monthly amortization, and partial principal reduction every 2 years. Selic-linked indexation may apply depending on contract type.

🧮 Worked example

A R$400,000 financiamento at 11.5% over 30 years under SFH

Loan amount

R$ 400.000

Annual interest rate

11.5%

Term

30 years (360 months)

Monthly payment

R$ 3.961

Total interest paid

R$ 1.026.020

Total paid (principal + interest)

R$ 1.426.020

❓ FAQ (Brazil)

Common questions in Brazil.

Caixa vs private bank for Brazilian home loan?

Caixa Econômica Federal offers the lowest rates on SFH-eligible mortgages (often 10.5-11%), faster FGTS processing, and the Casa Verde e Amarela program for lower-income buyers. Private banks (Itaú, Bradesco, Santander) typically charge 0.5-1.5% more but offer faster decisioning, English-language service for international applicants, and more flexible LTV. For most buyers, Caixa wins on price.

How does FGTS factor into a Brazilian mortgage?

FGTS (Fundo de Garantia do Tempo de Serviço) is a mandatory worker fund — 8% of monthly salary deposited by your employer. You can use FGTS for: (1) downpayment on a primary home, (2) partial principal payment every 2 years, (3) amortization of monthly EMI for up to 12 months, (4) settling the mortgage early. Eligible only on SFH-framework loans (property under R$ 1.5M).

Can foreigners buy property in Brazil and get a mortgage?

Foreigners can own urban property freely in Brazil. Getting a Brazilian mortgage as a foreigner is harder: you'll need a Brazilian CPF (taxpayer ID), proof of stable income (Brazilian-sourced preferred), and typically a 30-40% down payment. Caixa rarely lends to non-residents; private banks like Itaú and Santander have international desks but rates run 13-15%.

🌍 Other countries