Mortgage calculator
Estimate your monthly payment and total credit cost in the Dominican Republic.
Set the loan parameters and press Calculate mortgage to see the result.
Finance your home in paradise
The Dominican Republic offers excellent financing opportunities for locals and foreigners. Consult rates with our advisors for quick pre-approval.
- Financing up to 80% of the property value.
- Flexible terms adapted to your investment profile.
- Free advisory in managing your loan application.
Ready for the next step?
Browse the available inventory or talk to an Urban Group advisor: we compare options with you and support you in arranging financing with the bank.
Frequently asked questions
How is a mortgage payment calculated?
The calculator takes the property price, down payment, annual interest rate and term in years to work out the monthly payment, total interest and total cost of the loan. It also shows a month-by-month amortization table.
What down payment do banks require in the Dominican Republic?
The tool uses a 20% minimum down payment as a reference, which is what banks in the country usually require, with financing of up to 80% of the property value. Actual terms are set by each lender.
Which interest rate should I use?
As a reference, the calculator suggests a range of 10 to 14% per year for the Dominican Republic. You can replace it with the rate your bank offers you.
Is the result a loan approval?
No. It is an informational estimate. Approval, the final rate and the term depend on each lender's evaluation. Urban Group advisors can guide you through your loan application.