Real Estate /
Polish mortgage providers - overview of offers? [10]
soon there will be another offer available for whose with smaller income :)
Merged:
New Poland mortgage offershalo everyone
There is new offer from DNB:
- 0% bank fee
- 0% for early redemption fee
- 0% for increasing mortgage
- 0% bank margin in first year - then it is 1,6% which is the lowest level
unfortunately it is only for customers with good earning and full time employment.
the customer must earn 10 000 PLN or equivalent.
the mortgage is up to 40 years and 90% LTV.
you can also use this offer for refinance your existing mortgage.
any questions do not hesitate contact us
regards
Merged thread:
This what you could receive from Getin Noble bank and our commentsMortgage Offer
Purpose of the loan purchase of an apartment/house; both primary (off-plan) and secondary market
Loan period up to 30 years
Currency of loan PLN or EUR
Minimum down-payment 30%
Bank Completion Fee 3,45% for executing the loan agreement
(added to the loan amount, but has no impact on LTV)
Completion time up to 14 work days for the credit decision (provided all the documents required are
submitted)
Loan interest cost (p.a.)
- variable interest rate, PLN: variable bank index based on WIBOR 12M + fixed
margin (according to the Product Offer -> 4,95%) or
- variable interest rate, EUR: variable bank index based on EURIBOR 3M + fixed
margin (according to the Product Offer -> 4,95%) there is also special offer in Euro
(explained below)
Prepayment fee 1st year – 5%
2nd year – 4%
3rd year – 3%
4th year – 2%
5th year – 1%
starting from 6th year - none
Security 1. mortgage on the property in Poland
2. assignment of receivables under insurance against fire and other calamities
3. blank promissory note
4. submission to enforcement according to The Banking Law Act
5. bridging security: the interest is increased by 2% (until a mortgage register
excerpt containing a final and non-revisable entry of first place mortgage is
submitted)
6. deposit (six times installment)
Additional information: - Interest-only period obligatory until the last drawdown is issued + 12 months if
required
- designation of an address for correspondence in Poland is obligatory
Mortgage Offer - “NEW EURO”
Currency of loan EUR
Minimum down-payment 30%
Bank Completion Fee 0%
Home insurance due to legal defects 0,95% for executing the loan agreement
(added to the loan amount, but has no impact on LTV)
Completion time up to 14 work days for the credit decision (provided all the documents required are
submitted)
Loan interest cost (p.a.)
- variable interest rate, EUR: fixed interest rate of 2,99% for two years
- all the excessive parts of installment (1,96% – part of original Banks margin + Euribor + 2,49% ) are added up to
the capital after 2 years, it will not make a big difference to the capital balance but it will secure your cash flow;
* 2,49% is a fee for the possibility of extending the non payment period by 2 years
- loan must be released as a whole
- annex is valid after 90 days after releasing loan
Prepayment fee
1st year – 4,5%
2nd year – 2,25%
starting from 3rd year – none
one thing to clarify because post was move by administrator:
Getin Noble Bank is GNB
DNB Nord is DNB
these are two different banks
Tomorrow I will check one thing regarding NEW EURO offer from GNB and post our comments
regards
PM Team
