EMI Calculator Mexico
Work out your monthly loan instalment in MXN, see the total interest, and compare it against rates Mexico banks actually publish.
Click any bank to use their rate. Green = best deal
See how changes affect your loan
How is EMI calculated?
EMI = P × r × (1+r)n / ((1+r)n - 1). P = loan amount, r = monthly rate, n = months. Our calculator does this instantly.
What's a safe EMI-to-salary ratio?
Keep total EMIs under 40-50% of salary. Banks use Debt Burden Ratio (DBR) — UAE banks cap at 50%.
Longer tenure = lower EMI?
Yes — but you pay more total interest. A 5-year loan costs less overall than a 10-year loan at the same rate.
Loan interest rates in Mexico
Buzdy tracks 3 banks in Mexico with 100 branches across 26 cities. EMI results on this page are shown in MXN. The rates below are the ones those banks publish — use them in the calculator instead of a guess.
Looking for a credit card in Mexico?
Compare what banks in Mexico actually offer — rates, fees and eligibility, updated for 2026.
Credit card interest rates in Mexico
| Card | Bank | Interest rate | Annual fee | Interest-free days |
|---|---|---|---|---|
| BBVA MX Visa Infinite | BBVA Mexico | 3.00% per month | — | — |
| BBVA MX Platinum | BBVA Mexico | 3.00% per month | — | — |
| BBVA MX Gold | BBVA Mexico | 3.00% per month | — | — |
| BBVA MX Oro | BBVA Mexico | 3.00% per month | — | — |
| Banorte Visa Infinite | Banorte | 3.00% per month | — | — |
| Banorte Platinum | Banorte | 3.00% per month | — | — |
| Banorte Gold | Banorte | 3.00% per month | — | — |
| Banorte Clasica | Banorte | 3.00% per month | — | — |
| Citibanamex Prestige | Citibanamex | 3.00% per month | — | — |
| Citibanamex Platinum | Citibanamex | 3.00% per month | — | — |
| Citibanamex Rewards | Citibanamex | 3.00% per month | — | — |
| Citibanamex Clasica | Citibanamex | 3.00% per month | — | — |
Relevant if you convert a card purchase into monthly instalments. 12 cards with a published rate.
Worked example — repaying MXN 100,000 of card balance over 5 years in Mexico
- Balance
- MXN 100,000
- Rate used
- 3% per month (≈36% a year)
- Tenure
- 60 months
- Monthly EMI
- MXN 3,613
- Total interest
- MXN 116,798
Rate taken from BBVA MX Visa Infinite (BBVA Mexico) — the lowest published credit card rate we hold for Mexico. Buzdy does not yet hold personal loan rates for Mexico, so this uses card interest — the rate that applies when you convert a purchase to instalments or carry a balance. Change the numbers in the calculator above for your own case.
Banks we track in Mexico
Keep going in Mexico
Guides for Mexico
Mexico — frequently asked questions
What does MXN 100,000 on a credit card cost per month in Mexico?
At 36% a year over 60 months the instalment works out at about MXN 3,613, or MXN 116,798 of interest in total. That rate comes from BBVA MX Visa Infinite by BBVA Mexico, the lowest published credit card rate Buzdy holds for Mexico. We do not yet hold personal loan rates for Mexico — bank loan rates are usually well below card rates.
What interest rate do credit cards charge in Mexico?
Across the 12 cards with a published rate in Mexico, quoted rates run from 3% per month to 3% per month. Card interest only applies if you carry a balance past the interest-free period.
Where can I apply for a loan in Mexico?
Buzdy maps 100 bank branches in Mexico across 26 cities. Open the branch directory to find the nearest one to you.
How is EMI calculated?
EMI = P × r × (1+r)^n ÷ ((1+r)^n − 1), where P is the amount borrowed, r the monthly rate (annual rate ÷ 12 ÷ 100) and n the number of months. The calculator above uses exactly this formula.