Compare mortgages in Poland

Most banks require a minimum of 10% of the property value, but with a deposit below 20% the bank usually requires additional low-deposit insurance, which raises the cost of the loan. A deposit of 20% or more usually removes this fee and means a lower margin.

A variable rate is the benchmark rate (WIBOR) plus the bank's margin - WIBOR is updated every few months, so the instalment changes with the market. A periodically fixed rate is locked for at least 5 years (per the KNF's Recommendation S), giving predictability, but once that period ends the bank will propose new terms for the next period.

Yes, early repayment of all or part of the loan is always possible. For a variable rate, the bank can only charge compensation if the repayment happens within 36 months of signing the contract; for a fixed rate, throughout the whole fixed-rate period. The compensation cannot exceed 3% of the amount repaid or the interest that would have accrued over the year following repayment.

LTV (loan to value) is the ratio of the loan amount to the property value. Example: a property worth 500,000 PLN, a loan of 400,000 PLN, a deposit of 100,000 PLN - LTV is 80%. A lower LTV (larger deposit) means lower risk for the bank, which usually translates into a lower margin and no obligation to take out low-deposit insurance.

Yes, there are no formal obstacles. The bank assesses creditworthiness based on a single person's income, which may limit the available amount compared with a couple with two incomes. It's worth comparing offers from several banks, since different scoring models can give different results for the same situation.

No, the mortgage credit act only requires insurance on the property securing the loan. The bank may additionally offer life or job-loss insurance - this is voluntary, though not taking it often means a higher loan margin.

Yes, the mortgage credit act gives the consumer the right to withdraw from the contract without giving a reason within 14 days of signing it. The withdrawal statement must be sent to the address given by the lender; sending it by registered mail before the deadline is enough. This right cannot be excluded by a contract clause.

On the secondary market - yes, usually 2% of the property price. Since 31 August 2023, people buying their first home, who have not previously owned any property, are exempt from this tax. There is no PCC on the primary market, because the developer's price already includes VAT.

The mortgage credit act requires the lender to deliver the credit decision only on the 21st day after a complete application is submitted - this is meant to give the consumer time to compare other banks' offers before deciding. The bank can only deliver the decision earlier with the consumer's consent.

The APR (RRSO, annual percentage rate) is a single figure that includes the nominal interest rate plus all mandatory loan costs - commission, mandatory insurance and other fees required by the bank. The nominal rate shows only part of the cost, so the APR is the better figure for comparing offers.

The statutory (government) credit holidays available in 2022-2024 expired in 2025 and have not been extended since. Only contractual credit holidays remain, offered by individual banks on their own terms (such as a limit on the number of instalments per year or a requirement of prior timely payments) - a bank can also refuse to suspend an instalment. It's worth checking your own bank's current offer, since the rules differ between institutions.

Yes, under the Rodzinny Kredyt Mieszkaniowy ("Family Mortgage") programme, Bank Gospodarstwa Krajowego (BGK) can guarantee the missing part of the deposit, up to 20% of the property's value. The guarantee does not increase your borrowing capacity - the bank still assesses it on normal terms, and the property must meet the programme's price limits. As a rule, the buyer cannot already own another residential property (except for families trading a smaller flat for a larger one). Check the current limits, amounts and conditions with BGK or your bank, as they change periodically.