Mortgage Loan Calculator

Model a Costa Rica private mortgage end-to-end: loan-to-value, monthly interest, total cost of credit, and effective CAT. First-position lien required.

Property value

Loan amount

Currency

Term

Estimates only. Final terms depend on appraisal, underwriting, and the executed promissory note.

What is LTV?

Loan-to-Value (LTV) ratio measures the loan amount as a percentage of the property's appraised value. Lower LTV means less risk for the investor and better rates for you.

0-30% LTV — Best rates, fastest approval. Strong collateral coverage.

30-40% LTV — Competitive rates with solid collateral.

40-50% LTV — Standard rates. Maximum allowable LTV ratio.

Over 50% LTV — We cannot finance loans above 50% LTV.

Mortgage Loan Disclosures

Mortgage loan terms, costs, and consequences of non-payment

This is a mortgage loan secured by real estate, NOT a personal loan, payday loan, or short-term credit product. Mortgages are explicitly excluded from Google's personal-loans advertising policy.

Lender.cr operates a private mortgage marketplace in Costa Rica. Every loan is secured by a registered first-position lien (hipoteca de primer grado) on residential or commercial real estate located in Costa Rica. The loan cannot be issued unless the lien is recorded in the Public Registry. Final terms — interest rate, fees, and amortization schedule — are set per deal between the borrower and the funding investor, and stated in writing in a notarized credit agreement before disbursement.

The ranges below reflect typical terms across the marketplace and are not an offer of credit. Pre-qualification, property appraisal, title verification, and underwriting are completed before any binding offer is issued. Repayment terms are never shorter than 12 months.

Loan classification: Mortgage loan (hipoteca con garantía real). Real-estate-secured. Not a personal loan, payday loan, signature loan, line of credit, or any form of unsecured consumer credit.
Collateral required: Registered first-position mortgage lien on real estate located in Costa Rica. Loan-to-value capped at 50% of appraised value. No loan is funded without a recorded lien.
Operating jurisdiction: Costa Rica. All loans are originated, secured, and serviced under Costa Rican law.
Loan amount range: USD $25,000 – USD $2,000,000. Colón-denominated loans are available at equivalent amounts.
Repayment term: Minimum 12 months. Maximum 60 months (5 years). Interest-only or amortizing schedules available. Loans repayable in 60 days or less are never offered.
Annual interest rate: 12% – 16% per year, fixed for the loan term. Rate is set by the funding investor based on property, LTV, and borrower profile.
Maximum APR (including fees): 22% APR. Includes interest plus origination, appraisal, notarial, and registry fees expressed as an annualized cost.
Origination fee: 4% – 5% of loan principal, charged at disbursement. Plus third-party costs (appraisal, notary, public registry) charged at cost.
Late-payment fee: 1.5% of the overdue payment, plus default interest as defined in the credit agreement.

Representative example

Loan principal: USD $100,000. Term: 36 months, interest-only with balloon at maturity. Interest rate: 14% per year, fixed. Origination fee: USD $4,500 (4.5%). Third-party costs (appraisal + notary + registry): ≈ USD $2,800. Monthly interest payment: USD $1,166.67. Total interest paid over 36 months: USD $42,000. Total cost of credit (interest + origination + third-party): ≈ USD $49,300. Effective APR including all fees: ≈ 18% per year.

Consequences of late or non-payment

Late payments incur the late-payment fee and default interest. Persistent non-payment authorizes the lender to initiate judicial foreclosure proceedings against the property securing the loan, in accordance with the credit agreement and Costa Rican law. The borrower may lose the property. Negative credit reporting may also apply. Borrowers are encouraged to review the full credit agreement with independent legal counsel before signing.

Lender.cr is a marketplace platform, not a bank or licensed deposit-taking institution. Loans are funded by private investors. This summary is informational and does not replace the binding credit agreement. Last updated: 2026-05.