In this article, we will explore how Caixa Econômica Federal's Housing Simulator works, linked to the Minha Casa Minha Vida program. This tool provides essential information for purchasing properties, whether new, used or under construction.
Thousands of Brazilians have already realized their dream of owning their own home through the program My Home My Life. To further facilitate this process, the Federal Savings Bank developed the Minha Casa Minha Vida Simulator, accessible to both the public and Caixa employees, when potential buyers seek information directly from the bank.
What is the Caixa housing simulator?
Caixa's Housing Simulator is an online tool that illustrates how financing for the desired property will work. This property can be new, used or still under construction. The simulator provides accurate data, such as the value of the monthly installments of the real estate financing, making it easier for buyers to make their decision.
How does the Caixa housing simulator work?
THE simulator allows prospective buyers to check all available financing options before making a purchase. It automatically calculates the maximum financeable amount and the required down payment, providing a clear overview of the costs involved.
Interested parties can adjust the installment values and down payment according to their possibilities, carrying out as many simulations as necessary to find the best financing option.
How to use the Caixa housing simulator?
To use the simulator, follow the steps below:
- Access the simulator website: Enter information such as the approximate value of the property, its location and, if applicable, data about other properties you own in the city.
- Provide personal information: Enter data such as CPF, date of birth and monthly family income.
- See financing options: Based on your profile, the simulator will display different financing options. You will receive details such as the total amount financed, the first and last installments, as well as applicable fees and interest.
After answering a few questions, carefully follow the detailed instructions in the My Home My Life simulator below:
the approximate value of the property, the location and, if you own a property in the city, other information, must be carefully considered when accessing the simulator website.
Provide personal information, such as CPF, date of birth and monthly family income.
In step three, you will see the different financing options based on your profile. The interested party will receive all the necessary information, including the total amount to be financed, first and last installment, fees and interest, from the Caixa system.