Como Calcular El Descuento De Infonavit 2019 En Pesos

Calculating the Infonavit discount in 2019 is essential for understanding how much you'll pay for a home through the Mexican government's housing credit program. This guide explains the process step-by-step, including the formula, assumptions, and practical examples.

What is Infonavit?

Infonavit (Instituto del Fondo Nacional de la Vivienda para los Trabajadores) is a Mexican government institution that provides affordable housing through credit programs. The discount refers to the reduction in the home's price when purchasing through Infonavit, which is typically between 10% and 50% depending on the program and your contribution.

The discount is calculated based on your monthly salary and the Infonavit program you choose. The exact percentage varies by program and can change over time, so it's important to verify current rates when planning your purchase.

How to calculate the Infonavit discount

To calculate the Infonavit discount in 2019, you'll need to know your monthly salary and the Infonavit program you're applying for. The calculation involves determining your contribution percentage and applying it to the home's price.

Steps to calculate

Determine your monthly salary
Choose an Infonavit program (e.g., Infonavit 1, 2, 3, or 4)
Find the contribution percentage for your program
Calculate your monthly contribution based on your salary
Determine the discount percentage based on your contribution
Apply the discount to the home's price

Note: The exact contribution percentages and discount rates can vary by program and may have changed since 2019. Always verify current rates with Infonavit or a financial advisor.

The formula

The Infonavit discount is calculated using the following formula:

Discount Percentage = (Monthly Contribution / Home Price) × 100

Where:

Monthly Contribution = (Salary × Contribution Percentage) / 12
Contribution Percentage is determined by your Infonavit program
Home Price is the total price of the home you're purchasing

The discount percentage represents how much of the home's price you're paying through your Infonavit contribution.

Worked example

Let's calculate the Infonavit discount for a home priced at $500,000 MXN with a monthly salary of $15,000 MXN and a contribution percentage of 20% (common for Infonavit 2 programs).

Calculate monthly contribution: (15,000 × 0.20) = $3,000 MXN
Calculate discount percentage: (3,000 / 500,000) × 100 = 0.6% or 60 basis points
Final discount: 0.6% of $500,000 = $3,000 MXN

In this example, the Infonavit discount is $3,000 MXN, which is 0.6% of the home's price.

This example uses 2019 rates. Actual rates may differ based on current Infonavit programs and regulations.

Frequently Asked Questions

What is the difference between Infonavit 1, 2, 3, and 4?

Infonavit programs differ by contribution percentage, interest rates, and eligibility requirements. Infonavit 1 typically requires the highest contribution (up to 50%), while Infonavit 4 offers the lowest contribution (around 10%).

How does the Infonavit discount affect my mortgage?

The discount reduces the amount you need to finance through a bank loan. For example, a 20% discount means you only need to finance 80% of the home's price.

Can I change Infonavit programs after applying?

Yes, you can switch programs as long as you meet the new requirements. Changing programs may affect your contribution amount and interest rate.

Are there any hidden fees with Infonavit?

Infonavit charges administrative fees and may include them in your monthly payment. Always review the full terms of your chosen program.

How long does it take to get approved for Infonavit?

Approval times vary but typically take 3 to 6 months, depending on your credit history and the program's requirements.