Skip to content
First-home mortgage program

Che Róga Porã: estimate your payment and what home you can buy

The national government program finances first homes in guaraníes, with terms of up to 30 years and maximum rates of 6.5% and 9.9% a year. Here are the official rules, a calculator and the homes for sale that fit within the cap.

Go to the calculator See properties
6.5%
Maximum rate, 1st bracket
9.9%
Maximum rate, 2nd bracket
30
years maximum term
36
Participating lenders

What Che Róga Porã is

Che Róga Porã —Guarani for "my lovely home"— is the Paraguayan national government's mortgage program for first homes, in guaraníes and over the long term. It is coordinated by the Ministry of Urbanism, Housing and Habitat (MUVH) and the Development Finance Agency (AFD), a second-tier public lender: it does not lend to the public directly, but through participating banks, finance companies and cooperatives, which are the ones that grant the loan.

The current version is Che Róga Porã 3.0, launched on 26/05/2026 and regulated by MUVH Resolution No. 892/2026. The program sums itself up this way: "Your own home at the same or lower cost than rent".

Requirements

According to the AFD and the program's official website:

  • Be an individual assessed as creditworthy by the lender.
  • Neither the applicant nor their spouse or partner may own any built property.
  • Monthly income of 1 to 9 minimum wages: from Gs. 3,044,000 to Gs. 27,396,000.
  • Be between 18 and 75 years old and hold a valid identity card.
  • The monthly payment may not exceed 40% of total household income.
  • The property must be in Paraguay and be a first home.

What can be financed

  • Off-plan homes (houses, duplexes or apartments) in projects approved by the MUVH and listed on cherogapora.gov.py.
  • Buying a plot plus construction.
  • Building on land you already own.
  • Finished homes.
  • Renovating, extending or finishing a home: in this case you may own a home, as long as it is the only property in the applicant's name.

Loan costs and fittings can be included in the financing. Up to 30% of the unit can be commercial space if its main use is residential, and the applicant is free to choose the professional or the builder.

Rates, term and currency

Loans are exclusively in guaraníes (the national currency, written Gs.) and the term goes up to 30 years. The monthly payment includes principal, interest and VAT.

  • 1st bracket, income of 1 to 6 minimum wages (up to Gs. 18,264,000): rate of up to 6.5% a year.
  • 2nd bracket, income above 6 and up to 9 minimum wages (up to Gs. 27,396,000): rate of up to 9.9% a year.

"Up to" marks a ceiling: the lender may charge less. In addition, Decree No. 1465/2024 sets a reduced VAT on the program's interest: in practice it amounts to 0.5% of the interest.

Caps by area

The program sets two limits: how much can be financed and how much the property can be worth. They are expressed in minimum wages (MW) and are updated when the minimum wage changes, which is currently Gs. 3,044,000.

Area Income Maximum financing Maximum property value
Asunción, Central department and, in Presidente Hayes, Nueva Asunción, Benjamín Aceval and Villa Hayes 1 to 9 MW Gs. 837,100,000 Gs. 1,156,720,000
Rest of the country 1st bracket (1 to 6 MW) Gs. 684,900,000 Gs. 821,880,000
2nd bracket (above 6 to 9 MW) Gs. 761,000,000 Gs. 913,200,000

Central is the department that surrounds Asunción, the capital, and holds most of its metropolitan area. Presidente Hayes is the Chaco department across the Paraguay River from Asunción.

Payment calculator

With your household income, the area and the term, the calculator applies the program's official rules to estimate the payment and the most you could borrow.

Payment calculator

Che Róga Porã · Gs.

Gs.

Formal household income, in guaraníes.

Where the home is
1 year 30 years
Gs.
Gs.

Result

Bracket 1 Maximum rate for the bracket: 6.5%
Estimated monthly payment
Gs. 4,443,434
Over 30 years, at the maximum rate, with VAT.
Amount to finance
Gs. 700,000,000
  • Within 40% of your income (up to Gs. 6,000,000).
  • The home is within the maximum value for the area (Gs. 1,156,720,000).
Largest loan under the 40% rule
Gs. 837,100,000
Over 30 years, with a payment of up to 40% of your income (the rule published by the AFD) and within the cap. The official simulator measures your repayment capacity with its own calculation and may give a different amount.
See houses and apartments for sale up to Gs. 937,100,000

Your reach: the most you could borrow plus what you put in, without exceeding the maximum value (USD 163,831 at the day's rate).

Reference estimate based on the rules published by the AFD; it is not a loan offer. The lender may charge a lower rate and add its own costs. For a simulation with your full situation, use the official simulator.

4,186 properties fit within the cap today

Houses and apartments for sale within the program cap

Listed on ViaParaguay at a price that does not exceed the maximum value for their area. Prices in dollars are converted to guaraníes at the day's rate.

Metropolitan area
up to Gs. 1,156,720,000
Rest of the country
up to Gs. 913,200,000 · 1st bracket: Gs. 821,880,000

A property being within the cap does not guarantee the loan: approval depends on the lender's assessment.

Furnished 1-bedroom apartment with parking in Área Concordia — Barrio Jara, Asunción
For sale Featured

Jara, Asunción

100.000
USD 2.174/m²

Furnished 1-bedroom apartment with parking in Área Concordia — Barrio Jara, Asunción

1 beds. 2 baths 46 m² 1
2-bedroom apartment for sale in Barrio Herrera
For sale Featured

Herrera, Asunción

154.000

2-bedroom apartment for sale in Barrio Herrera

Apartment

2 beds. 3 baths
1-bedroom furnished apartment with garage — Herrera, Asunción
For sale Featured Direct owner

Herrera, Asunción

84.500
USD 1.408/m²

1-bedroom furnished apartment with garage — Herrera, Asunción

1 beds. 1 baths 60 m² 1
House for sale in Capiatá, Barrio G
For sale New

Capiatá, Capiatá

350.000.000
USD 159/m²

House for sale in Capiatá, Barrio G

House

3 beds. 1 baths 384 m²
House for sale in San Antonio with 420 m² lot
For sale New

San Roque, San Antonio

500.000.000
USD 208/m²

House for sale in San Antonio with 420 m² lot

House

4 beds. 2 baths 420 m²
Apartment for sale in Zuba 12, Ciudad del Este
For sale New

Ciudad del Este, Ciudad del Este

126.000

Apartment for sale in Zuba 12, Ciudad del Este

Apartment

2 beds. 2 baths
Studio apartment for sale at Palladio Ecotower, Area 1
For sale New

Ciudad del Este, Ciudad del Este

120.000

Studio apartment for sale at Palladio Ecotower, Area 1

Apartment

2 baths
Fixer-Upper House for Sale in Villa Elisa, Central
For sale

Villa Hermosa, Villa Elisa

300.000.000
USD 146/m²

Fixer-Upper House for Sale in Villa Elisa, Central

House

1 beds. 1 baths 360 m²
Loft apartment for sale in Manora, Asunción
For sale New

Manorá, Asunción

134.500

Loft apartment for sale in Manora, Asunción

Apartment

1 beds. 1 baths
Studio apartment for sale in Madame Elisa Alicia Lynch
For sale New

Madame Lynch, Asunción

120.000

Studio apartment for sale in Madame Elisa Alicia Lynch

Apartment

1 baths
Brand new house for sale in Barrio Cañadita, Ñemby
For sale New

Cañadita, Ñemby

400.000.000
USD 389/m²

Brand new house for sale in Barrio Cañadita, Ñemby

House

2 beds. 1 baths 180 m²
1-bedroom apartment for sale in Palmanova
For sale

Las Mercedes, Asunción

149.310

1-bedroom apartment for sale in Palmanova

Apartment

1 beds. 1 baths
See houses and apartments for sale up to USD 202,227

The listing filters in dollars up to the highest cap (Gs. 1,156,720,000) and does not tell areas apart: check the cap for each property's area.

How to apply

  1. 1

    Official simulator

    On cherogapora.gov.py you first work out your repayment capacity, with department, city, formal income (IPS social security contributor, DNIT taxpayer or civil servant) and expenses, and then simulate the loan.

  2. 2

    Application

    The application is submitted on the cherogapora.gov.py platform.

  3. 3

    Assessment

    The chosen lender assesses the application.

The program lets you ask the lender to start paying the first installment only once you move in. Program help desk: Mariscal López and Brasil (Asunción), Monday to Friday from 07:00 to 15:00, phone 0982 815 666.

Paraguayans living abroad

For now, the program is open to Paraguayans living in the United States and Spain. According to the AFD and the official website:

  • Net monthly income of up to the equivalent of USD 7,000 in the country of residence, formal and verifiable (contract, employment record, tax return or payslip).
  • Supporting documents legalized by the consulate or apostilled.
  • At least 1 year in the same job.
  • Valid Paraguayan identity card or passport, and no criminal record.
  • Exclusively personal (fiduciary) guarantee and a co-signer living in Paraguay, with an identity card and a good record.
  • A representative in Paraguay holding a special power of attorney: signing can be in person or by proxy.

Participating lenders

The loan is requested from one of these 36 lenders, according to the AFD list updated on 01/07/2026.

Linked names open their directory listing

Banks

12

Finance companies

3

Production cooperatives

2

Savings and credit cooperatives

19

Frequently asked questions

Who can apply for a Che Róga Porã loan?

Individuals with an income of 1 to 9 minimum wages (from Gs. 3,044,000 to Gs. 27,396,000 a month), aged 18 to 75, who are assessed as creditworthy and who do not own —nor does their spouse or partner— any built property.

What is the interest rate?

It is a ceiling that depends on income: up to 6.5% a year for incomes of 1 to 6 minimum wages and up to 9.9% a year for above 6 and up to 9. The lender may charge less.

How much can I borrow?

It depends on the area and on income. In Asunción, Central and the districts of Nueva Asunción, Benjamín Aceval and Villa Hayes, up to Gs. 837,100,000 is financed for properties worth up to Gs. 1,156,720,000. In the rest of the country, up to Gs. 684,900,000 (1st bracket) or Gs. 761,000,000 (2nd bracket). On top of that, the payment may not exceed 40% of household income.

Can I own another home?

Not to buy or build: neither the applicant nor their spouse or partner may own built property. The exception is renovation, extension or finishing, where you may own the home as long as it is the only property in your name.

Can I borrow in dollars?

No. Loans are exclusively in guaraníes, with a term of up to 30 years.

Can I apply if I live abroad?

For now, if you live in the United States or Spain. You need an income of up to the equivalent of USD 7,000 a month, apostilled or legalized documents, at least 1 year in the same job, a co-signer living in Paraguay and a representative with a special power of attorney.

Where do I apply?

On the official platform cherogapora.gov.py, which also hosts the simulator. The chosen lender then assesses the application.

Is the ViaParaguay calculator official?

No. It is an estimate based on the rules published by the AFD: it calculates the payment at the bracket's maximum rate, including the reduced VAT. The actual payment is set by the lender, which may charge a lower rate and add its own costs.

The full guide

Che Róga Porã 2026: Requirements, Rates, Caps and How to Apply for Your First-Home Loan in Paraguay

Che Róga Porã is the Paraguayan government mortgage program for a first home: in guaraníes, up to 30 years, with maximum rates of 6.5% and 9.9% a year. Requirements, caps by zone and how to apply.

Read the guide

Official sources

Data checked on 17/10/2026.

Looking for your first home?

We help you find properties within the Che Róga Porã cap in the area you are looking at.

Contact us See properties for sale

Fill in your details and an advisor will contact you with no commitment.

We reply within 24 hours · No spam · No commitment.