Paraguay 💰 PYG Last updated2026-05-28

Crédito hipotecario Calculator Paraguay

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Quick answer (Paraguay)

A ₲ 700,000,000 mortgage at 9.5% over a 20-year term works out to a monthly payment of about Gs. 6.524.918, with total interest of Gs. 865.980.396 over the full term.

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Mortgage Calculator

USD

Home Value

LTV 80% · No PMI ✓

Loan Amount

Interest Rate

Term

Total Monthly

$7,691,585

PITI

Principal + Interest

$6,524,918

55% goes to interest

Total Interest

$865,980,396

over 20 years

Monthly Breakdown

Principal & Interest$6,524,918

Property Tax (1.1%/yr)$802,083

Homeowner's Insurance (0.5%/yr)$364,583

Total Monthly$7,691,585

Principal vs Interest Split

45% principal

55% 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

Crédito hipotecarios in Paraguay

Typical loan

Gs. 700.000.000

in Paraguay

Typical rate

9.5% p.a.

prime borrower, 2026

Typical term

20 years

most common

Market overview

Paraguay's mortgage market is led by Banco Itaú Paraguay, Banco Continental, Banco Familiar, Banco GNB Paraguay, BBVA Paraguay and Sudameris Bank, with the state-owned Banco Nacional de Fomento and Agencia Financiera de Desarrollo (AFD) supplying wholesale long-term funding. The Banco Central del Paraguay held its policy rate at 6.00% through 2026 after running one of Latin America's tightest disinflations. Asunción and the Central Department dominate demand, with the Costanera and Carmelitas corridors particularly active, supported by remittance flows from Argentine-Paraguayan dual nationals.

Why 9.5% is the typical rate

Mortgage rates of 8–10% in guaraní reflect the BCP policy rate of 6% plus a moderate spread; AFD-refinanced "Mi Casa" loans price below 7% for qualifying buyers.

Tax & regulatory notes

Property transfer attracts a 1.5% impuesto a los actos y documentos under the Código Tributario plus a 0.5–1% notary fee. The Fondo Nacional de la Vivienda Social (FONAVIS) and the Mi Casa programme refinanced through AFD provide subsidised long-term mortgages — up to 30 years — to qualifying first-time buyers. The Secretaría Nacional de la Vivienda y el Hábitat (SENAVITAT, now MUVH) administers most public-sector housing schemes.

🧮 Worked example

A ₲ 700,000,000 mortgage at 9.5% over a 20-year term

Loan amount

Gs. 700.000.000

Annual interest rate

9.5%

Term

20 years (240 months)

Monthly payment

Gs. 6.524.918

Total interest paid

Gs. 865.980.396

Total paid (principal + interest)

Gs. 1.565.980.396

❓ FAQ (Paraguay)

Common questions in Paraguay.

What is the AFD's role in Paraguayan mortgages?

Agencia Financiera de Desarrollo is Paraguay's second-tier development bank, providing long-term refinancing to commercial banks specifically for housing and productive lending. Most "Mi Casa" mortgages are originated by private banks but ultimately refinanced by AFD at concessional rates.

Can I take a mortgage in US dollars in Paraguay?

Yes — Paraguay has a substantially dollarised banking system and most banks offer USD-denominated mortgages alongside guaraní products, often at lower nominal rates of 6–7%. The currency risk falls on the borrower, who is typically required to evidence USD-linked income.

How long can a mortgage run in Paraguay?

Commercial bank mortgages typically run 15–25 years, while AFD-refinanced "Mi Casa" loans for first-time buyers extend to 30 years. This is among the longest amortisation profiles available in the Southern Cone.

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