TMV Fees 2026

The 2025 TMV (Tasa Máxima Convencional) fees in Chile are the maximum legal interest rates that financial institutions can charge on loans and credit products. These rates are set by the Comisión para el Mercado Financiero (CMF) and are updated periodically based on market conditions.

TMV Rates 2025 (Expected)

As of now (April 2025), the official TMV rates for 2025 have not been published yet. However, based on historical trends, they are typically adjusted in line with the Política Monetaria (TPM) and market interest rates.

Here are the last known TMV rates (2024) for reference:

• Consumer Loans: ~50% - 60% (varies by loan type and term).

• Mortgage Loans: Lower, typically tied to the banking interest rate (TIB) + a margin.

• Credit Cards: Around ~3.5% - 4.5% monthly (varies by issuer).

When Will 2025 TMV Rates Be Published?

The CMF usually announces the new TMV rates in December 2024 or early January 2025. You can check the official updates on the CMF website.