Mortgage Calculator
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Colombia Mortgage Calculator

Your loan

COP
20% · Loan amount: COP 512,000,000
COP
%
years
%

Pre-filled estimate: central-bank rate 12.00% plus a typical lender margin. Replace it with your lender's offer.

Monthly payment
COP 6,163,257
Where your monthly payment goes
  • Principal & interestCOP 6,163,257
Total interest
COP 1,336,976,962
Total of all payments
COP 1,848,976,962
Paid off in
25 yr 0 mo
Loan-to-value
80%
Cash needed at purchase
COP 147,200,000

Upfront costs

  • Down paymentCOP 128,000,000
  • Closing costs
    %
    COP 19,200,000
  • Cash needed at purchaseCOP 147,200,000

What if interest rates change?

Your payment today is just the start. See how it could move if rates go up or down during your loan.

Your rate is fixed for the whole term, so market moves won't change your payment. Choose a variable or fixed-period loan above to see the effect — or use this to judge whether refinancing could pay off.

Loan balance over time

  • Remaining balance
  • Interest paid (cumulative)
  • Principal paid (cumulative)
Loan balance over timeCOP 0COP 500MCOP 1BCOP 1.5B0510152025

Interest rates in Colombia

Monthly averages. Sources: Bank for International Settlements

Shows the central-bank policy rate. Mortgage rates are usually higher.

Interest rates in Colombia0%2%4%6%8%10%12%14%201620182020202220242026

Frequently asked questions

How is the monthly mortgage payment calculated?

For an equal-payment loan, the payment is P × i × (1 + i)^n ÷ ((1 + i)^n − 1), where P is the loan amount, i the monthly interest rate and n the number of months. Taxes, insurance and fees are added on top.

What is the current average mortgage rate in Colombia?

Colombia does not publish an official average mortgage rate that we can track. Ask several lenders for quotes and enter the rate in the calculator.

How much does a 1-point rate rise change my payment?

On a COP 512,000,000 loan over 25 years, going from 14.00% to 15.00% raises the monthly payment from COP 6,163,257 to COP 6,557,853 — about COP 394,596 more each month.

What upfront costs should I budget for in Colombia?

On a COP 640,000,000 purchase, expect about COP 19,200,000 in taxes and fees on top of your down payment. The breakdown is shown in the calculator above.

Can this calculator predict future interest rates?

No. The scenario tool shows a range of possible outcomes based on the band you choose. Nobody can predict rates reliably — use it to check whether you could still afford the loan if rates rise.

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