Overview

• UVA-indexed mortgages have returned to Argentina, but affordability challenges persist due to income caps and inflation-linked installment adjustments.
• Banco Ciudad has introduced a new personal loan indexed to the UVA inflation mechanism, designed for land purchases and construction projects.
• The personal loan features a 9.5% fixed rate plus UVA adjustments, a 10-year term, and financing of up to 75% of the project cost or lot value.
• Unlike traditional mortgages, the loan uses German amortization, resulting in decreasing installments over time as interest payments decline.
• Approval for the new personal credit line is streamlined, with online applications and a 48-hour processing time.