What would a property in Mexico cost you per month?

Residents of Mexico with an RFC and income documented in Mexico. Mexicans working in the US can apply to BBVA's Tu Opción México with US income (10.70% with 10% down).

The payment is fixed in pesos. If you earn in dollars, its cost moves with the exchange rate: over the last five years the dollar traded between 16.34 and 21.82 pesos. Rate for 10% to 30% down from the banks' own simulators, not the advertised starting rate. Monthly insurance and fees are extra.

US homeowners: your mortgage plus the line can usually reach 80% of the home's value; some lenders go to 85% or 90%.

Variable rate tied to the US prime rate (7.00% in October 2026), so the payment can change. Most lines have a 10-year draw period, when you can pay interest only, followed by 20 years of repayment. Your current mortgage stays as it is.

US homeowners with enough equity: the new loan can reach 80% of your home's value (75% on a second home).

Your US home secures the loan, and you buy in Mexico as a cash buyer. It replaces your current mortgage, so a rate you locked in 2020 or 2021 goes away. Closing costs run 2% to 5% of the new loan.

Anyone who signs with the developer. There's usually no credit check and no Mexican residency requirement.

Common in pre-construction: a down payment at signing, interest-free monthly payments during construction (in this simulation, 30% of the price over 18 months) and the balance at delivery, paid in cash or with a loan. Check the project's permits and the developer's past deliveries.

Anyone.

No interest and no loan fees. Mexican closing costs still apply, and in the restricted zone a foreign buyer still needs a fideicomiso.