Financing
How foreign buyers pay for a Thai condominium
There is no single answer, and most of what you will read online is written to sell a loan. This page sets out the routes a non-resident actually has, what each typically requires, and where the figures come from — so you can plan before you speak to anyone.
We do not broker, arrange or guarantee financing — this is information, not a loan offer.
The starting point
Most foreign condominium purchases here are completed in cash.
Thai banks lend to non-residents only in limited circumstances, so the majority of foreign condominium buyers pay without a Thai mortgage — from savings, from a loan raised in their home country, or on a developer's instalment plan. That is the base case to plan against, not a rule: financing exists, but it is the exception rather than the default.
One requirement applies however you pay. To register a unit in the foreign-ownership quota, the purchase funds must be brought into Thailand in foreign currency and recorded — the bank issues a Foreign Exchange Transaction document that the Land Department needs at transfer. Plan the transfer of funds early; it shapes every option below.
How to send purchase funds into ThailandWhat is available
Four ways foreign buyers fund a purchase
Named where a public source or our own price sheets support them, with the typical conditions and where each figure comes from. Terms are set by the provider and change — treat everything here as a starting point to confirm, not a quotation.
- 01
A mortgage from a Thai bank
Only a small number of banks lend to non-resident foreigners for a condominium, and the loan is usually made in a foreign currency and repaid in that currency. UOB (Thailand) has offered such loans in Singapore or US dollars; ICBC (Thai) is the other name that recurs. Approval is case by case and rests on your income, age and the building's foreign quota.
Typical conditions
A substantial deposit from your own funds — the proportion is the lender's to set, and neither bank publishes one, so we state no percentage here. Then a term that ends by a set age, and a freehold unit inside the building's foreign quota. The rate is the lender's too, priced individually; we name none.
Source
Public bank programme information and market guidance (UOB Thailand, ICBC Thai), reviewed July 2026. Confirm current terms directly with the bank.
- 02
A developer instalment plan
For a new development, the developer itself usually spreads the cost between reservation and transfer — a booking fee, a contract payment, then instalments during construction, with the balance due when the unit transfers. It is not a loan and carries no interest in the usual sense, but it lets you pay in stages rather than all at once. Terms are specific to each project and promotion.
Typical conditions
Set by the developer per project: a booking fee, a contract payment a set number of days later, instalments through the build, and the balance at transfer. No credit check in the bank sense, but the schedule is fixed and missing it can forfeit what you have paid.
We hold the developers' own agent price sheets for the developments we list; 3 of the 22 carry a written payment schedule. We show each one on the development's own page rather than summarising it here, so the terms you read are the terms on the sheet.
Source
Developer agent price sheets held by Suwanvara Property, dated per sheet — the primary source, shown per development.
- 03
Borrowing in your home country
Many foreign buyers raise the money where they already bank — a remortgage or equity release on a property at home, or a personal facility — and bring the proceeds to Thailand as cash. It is often simpler and cheaper than a Thai foreign-currency loan, and it keeps the Thai side a straightforward cash purchase.
Typical conditions
Governed entirely by your home-country lender, not by anything Thai. The one Thai requirement is unchanged: the funds must arrive in foreign currency and be recorded on a Foreign Exchange Transaction document for the quota registration.
Source
General mechanism; the funds-transfer requirement follows Bank of Thailand exchange-control practice — see the guide chapter linked below.
- 04
Paying in cash
The most common route, and the simplest. Funds are transferred into Thailand in foreign currency, converted to baht, and paid to the seller or developer against the reservation and sale agreements. With no lender in the transaction there is no approval to wait for and no financing condition in the contract.
Typical conditions
Nothing to arrange with a lender. Still requires the funds to enter Thailand in foreign currency and be recorded for the foreign quota, and — as with any purchase — legal review of the title and the contract before you commit.
Source
The commonly reported outcome for foreign condominium purchases in Thailand.
On interest rates
Why the calculator asks you for the rate
A Thai mortgage is normally priced as a floating margin over a bank's reference rate — most often the MRR (minimum retail rate) — which the bank moves as monetary policy changes. There is no single fixed rate to quote, and a non-resident's rate is set individually, so the estimator below takes the rate as an input rather than assuming one.
For context only, and about the market rather than about you: entering 2026 the published MRR reference rates at the major Thai banks spanned roughly 6.2% to 7.2% per year, and the Bank of Thailand held its policy rate at 1.00% at its meeting of 24 June 2026 (Bank of Thailand policy-rate and commercial-bank reference-rate publications, reviewed July 2026). Reference rates move, and the margin above them is the lender's — confirm the current figures before you rely on them.
We name no rate as the rate you will be offered. Use a figure your own lender quotes.
Plan the numbers
Enter a price, a deposit, a term and a rate to see an indicative monthly instalment and the total cost of borrowing. The assumptions are listed in full, nothing is a quotation, and nothing you type leaves your browser.
Instalment estimator
Indicative only
Enter your own figures. Every output shows the arithmetic that produced it — nothing here is a quotation, a rate offer or a prediction of approval, and nothing you type leaves this browser.
Deposit of ฿0 — the rest is financed.
Yours to enter; the field starts empty and we suggest nothing in it. A Thai mortgage is normally priced as a floating margin over the bank's MRR reference rate, which moves, and a non-resident's terms are set individually — enter the rate your lender actually quotes.
Enter your figures to begin
Nothing is computed until you supply a price, a rate and a term. None of the four fields is pre-filled: naming a rate or a deposit, even as a starting value, would put a figure on the screen that is ours rather than yours — and a deposit we chose would be a loan-to-value we had assumed.
Indicative rate — July 2026
What this assumes
- A level interest rate for the whole term and equal monthly instalments. A real floating-rate loan re-prices as the reference rate moves, so instalments change over time.
- The amount financed is the price less the deposit. Lenders set their own maximum loan-to-value, and for a non-resident it is commonly lower — the figure here does not assume any loan will be offered.
- No arrangement fee, mortgage life insurance (MRTA), valuation fee or mortgage-registration fee is included. A real offer carries some of these.
- Figures are in Thai baht. A foreign-currency loan is repaid in that currency, so exchange-rate movement changes what each instalment costs you.
Indicative arithmetic only — not a quotation, a rate offer or a prediction of approval. Suwanvara Property does not broker, arrange or guarantee financing; whether a loan is available, and on what terms, is the lender's decision.
The estimate models a level rate and equal instalments. A real floating-rate loan re-prices over time, and a real offer carries fees and mortgage life insurance this does not include. It is a planning tool, not a loan offer.
Affordability
What the purchase needs in cash
Your price, the buyer's customary share of the government charges, and any shortfall — with an optional monthly illustration on a rate and term you enter yourself. Indicative only.
Open the affordability plannerReviewed July 2026
Sources
What each claim rests on, and when we last reviewed it. Figures set by third parties change; confirm the current position before you rely on it.
Bank of Thailand
bot.or.thPolicy interest rate and commercial-bank reference rates (MRR / MLR / MOR), and exchange-control practice for bringing purchase funds into Thailand.
Bank of Thailand — policy rate
bot.or.thThe policy interest rate (the 1-day bilateral repurchase rate) and the date of the most recent Monetary Policy Committee decision, held at 1.00% on 24 June 2026. Reviewed July 2026.
Thai-bank lending to non-residents
Availability of condominium mortgages for foreign buyers (UOB Thailand and ICBC Thai), and the foreign-currency condition typically attached. Public programme information and market guidance, reviewed July 2026. Neither bank publishes its non-resident condominium terms on its public site, so we link none as if it did, name no rate, and state no deposit percentage and no loan-to-value at all — the conditions above are described in words rather than figures for exactly that reason, and every term is the bank's to set and confirm with you directly.
Developer agent price sheets
Written payment schedules for the developments we list, held by Suwanvara Property and shown on each development's own page — the primary source for the instalment-plan terms.
Before you commit
Talk it through before you arrange anything.
Tell us the price you are working to and how you plan to pay, and we will set out the practical steps for that route — including the transfer of funds and the timing — and connect the property side. We do not arrange loans; where you want the title and contract reviewed, that is a separate legal engagement.
Legal review of the title and contract, where you want it, is provided separately by Suwanvara Law Firm under a separate engagement. You remain free to appoint another adviser.
We do not broker, arrange or guarantee financing, and cannot assure loan approval.
This is general information for foreign buyers, not financial or legal advice. Suwanvara Property does not broker, arrange or guarantee financing and gives no assurance of loan approval; availability, rates and conditions are set by the lender and subject to the lender's assessment. Figures shown are indicative and are not a quotation, a rate offer or a prediction of approval. Confirm current terms directly with the lender.
Property information, pricing, promotions, foreign ownership availability and transfer conditions are subject to confirmation. Publication of a property does not constitute legal verification or a guarantee of ownership, condition, investment return or transferability.
Suwanvara Property may receive brokerage compensation when a transaction is completed. Legal services, where requested, are separately provided by Suwanvara Law Firm under a separate engagement. Clients remain free to appoint another legal adviser.
Inventory as of July 2026. Availability and pricing subject to confirmation.