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Brazil Mortgage Calculator

Average mortgage rate: 9.5% • Average home price: R$350,000

🇧🇷 Mortgage Details

Brazil Mortgage Market Guide

The average mortgage interest rate in Brazil is currently around 9.5%. The average home price is R$350,000.

When buying a home in Brazil, most banks require a down payment of 10-20% of the property value. Mortgage terms typically range from 15 to 30 years. The currency used for transactions is BRL (R$).

Tips for Brazil Home Buyers

  • Compare mortgage rates from multiple lenders
  • Consider fixed vs variable rate mortgages
  • Factor in property taxes, insurance, and maintenance costs
  • Check eligibility for first-time buyer programs in Brazil
  • Current average loan rate for personal loans: 12%