In short
At 11.31%, the average fixed-rate mortgage offer of Mexican banks and regulated lenders in August 2026 (Banco de México), a MX$2,400,000 loan over 20 years costs MX$25,281 a month; one more point of interest adds MX$1,666 a month. The Banco de México target rate is 6.5% since 24 September 2026; the average total annual cost (CAT) of the same offers, with fees and insurance, was 13.78%.
Monthly payment at 11.31%, by loan and term
| Loan | 10 years | 15 years | 20 years |
|---|---|---|---|
| MX$1,000,000 | MX$13,951 | MX$11,561 | MX$10,534 |
| MX$2,400,000 | MX$33,483 | MX$27,747 | MX$25,281 |
| MX$5,000,000 | MX$69,755 | MX$57,807 | MX$52,668 |
Calculation with the formula above, at the Banco de México average of advertised fixed-rate offers (August 2026: lowest 9%, highest 21.13%). Its reference loan: simple average of the fixed-rate peso mortgage offers of banks and regulated lenders for a MX$1 million home in Mexico City, 20% down, MX$800,000 over 15 years, borrower aged 35.