Recommended
Are you over 50 and want to buy a house with a loan from the Institute of the National Housing Fund for Workers (Infonavit)? Age does not automatically prevent you from applying for financing, but it does influence the time available to pay it off. Find out what the maximum term is for men and women!
Before buying a house, it is important that you inform yourself about the term you will have to pay for it if you want to obtain it with the help of an Infonavit loan. Therefore, those who are 50, 55, or 60 years old should review the details of the process to adjust their budget.
What is the maximum Infonavit term for those over 50?
The maximum term depends on the person's age and the limit established for men and women. Although Infonavit offers loans with terms of between one and 30 years, the sum of your age and the time chosen to pay must respect the corresponding limit.
How many years does a 50-year-old man have to pay off an Infonavit loan?
A 50-year-old man can have a maximum term of 20 years to pay off his loan, because the sum of his age and the financing time must not exceed 70 years. If he applies for the loan at 55, the theoretical maximum term is reduced to 15 years; at 60, it would be 10 years.
How many years does a 50-year-old woman have to pay off an Infonavit loan?
Women have a higher age limit to pay off their financing. A 50-year-old woman can have a maximum term of 25 years. This means she could finish paying at 75 years of age. If she applies for the loan at 55, the maximum term would be 20 years; at 60, 15 years; and at 65, 10 years.
What requirements are needed to apply for an Infonavit loan after 50?
Among the aspects that should be checked are:
- Tener derecho a solicitar el financiamiento conforme a las condiciones del Infonavit
- Revisar la relación laboral y las condiciones de cotización que correspondan al producto
- Consultar el saldo disponible en la Subcuenta de Vivienda
- Verificar el monto de crédito autorizado y el plazo que se puede elegir
- Comprobar que la suma de la edad y el plazo no rebase el límite aplicable
- Revisar las mensualidades, la tasa de interés y el costo total del financiamiento.
The specific requirements may vary depending on the type of loan. Therefore, it is recommended to consult official information before gathering documents or starting the process.
How to check how much Infonavit will lend you if you are over 50?
To know the amount you could obtain and the available term, you can check your information in My Infonavit Account.
- Ingresa al portal oficial: micuenta.infonavit.org.mx
- Accede con tus datos o sigue las instrucciones para crear tu cuenta
- Busca la sección de precalificación y puntos
- Revisa el monto de crédito disponible y las condiciones que aparecen para tu perfil
- Compara las opciones de plazo y las mensualidades antes de tomar una decisión.
[Publicidad]