8 de julho de 2026

How to Make a Down Payment on a Property

Introduction to Financing a Property

• Alexandro Tabosa introduces himself as a real estate consultant addressing common questions about property financing.

• He emphasizes the necessity of making a down payment when financing either new or used properties.

Requirements for Making a Down Payment

• Four essential requirements are outlined for making a down payment:

• Choosing a financial institution.

• Proving your income.

• Analyzing your CPF (Brazilian individual taxpayer registry).

• Conducting a credit analysis.

Financing Through Caixa Econômica Federal

• The discussion focuses on Caixa Econômica Federal, which typically finances up to 80% of the property's value, with some cases reaching up to 90%.

• A practical example is provided: For a R$200,000 property, an R$40,000 down payment (20%) would be required if financed at 80%.

Importance of Additional Funds

• It is recommended to have at least 20% of the property's value available for the down payment; however, more may be needed depending on bank policies and personal profiles.

• Buyers should also prepare funds for additional costs such as ITBI (property transfer tax), registration fees, and other documentation expenses that can range from 3% to 5% of the property's value.

Considerations When Buying Off-Plan Properties

• If purchasing from a construction company or buying off-plan properties, different rules may apply regarding payments and financing options.

• Contacting the construction company is advised to understand their specific terms related to entry payments and financing arrangements.

Credit Simulation Recommendation

• Before searching for properties, it’s crucial to conduct a credit simulation to determine eligibility and potential loan amounts from banks.

• Alexandro encourages viewers not to waste time looking for properties outside their financial reach and offers assistance in conducting this analysis.