Consolidation Loan
1. The loan may be used to repay the following obligations:
1) cash loan / credit;
2) car loan / credit;
3) credit card limit;
4) current account limit;
5) mortgage loan / credit;
6) housing loan (provided that the loan has been fully disbursed, the investment has been completed, and the borrower holds the ownership rights);
7) student loan;
8) loan / credit granted by the employer;
including obligations incurred with the Bank.
2. A prerequisite for granting the loan is the proper handling of consolidated obligations.
3. The maximum loan term is 360 months, the minimum is 12 months.
4. The minimum loan amount is 10,000 PLN.
5. The maximum loan amount cannot exceed:
1) 60% of the value of the property securing the loan.
2) 80% of the property value if one of the consolidated loans is a housing loan.
3) the amount of 5 million PLN.
6. There is a possibility to apply for additional funds for any purpose
APR – variable interest rate:
The Annual Percentage Rate (APR) is: 13.32 % under the following assumptions: total loan amount: 242,500 PLN, loan period: 276 months; own contribution: 60% of property value; variable loan interest rate: 12.35 % per annum – calculated as the sum of the current base interest rate (variable WIBOR 3M: 5.85 %) and an individually determined margin of 6.50%, monthly installment amount: 2652.92 PLN, total number of installments: 276. Total cost of the loan: 493,561.17 PLN, including: total interest over the entire loan period: 489,704.67 PLN, non-loan commission for granting the loan: 1.50 % of the loan amount amounting to: 3637.50 PLN. Cost of establishing a mortgage: 200.00 PLN, civil law transaction tax (PCC): 19.00 PLN. The Bank does not include the following costs in the total cost of the loan: the cost of insuring the financed property and the cost of property valuation, as it is not a provider of these additional services for the consumer. Total amount payable is: 736,061.17 PLN. The loan interest rate is variable and may change during the validity of the loan agreement due to changes in the WIBOR 3M reference rate, which may cause the costs of servicing the loan to increase or decrease. Variable interest rates carry the risk of increasing the installment amount, and thus the total amount to be paid.
The calculation was made on March 21, 2025, based on a representative example.
APR – periodically fixed interest rate:
The Annual Percentage Rate (APR) is: 13.55 % under the following assumptions: total loan amount: 242,500 PLN, loan period: 276 months; own contribution: 60 % of property value; periodically fixed interest rate for the first 60 months: 12.55 % per year, and then variable interest rate of 12.35 % per year – calculated as the sum of the current base interest rate (variable WIBOR 3M: 5.85 %) and an individually determined margin of: 6.50 %, monthly installment amount: 2688.34 PLN for 60 months, 2656.89 PLN for the following 216 months, total number of installments: 276. Total cost of the loan: 496,544.99 PLN, including: total interest over the entire loan period: 492,688.49 PLN, non-loan commission for granting the loan: 1.50 % of the loan amount amounting to: 3637.50 PLN. Cost of establishing a mortgage: 200.00 PLN, civil law transaction tax (PCC): 19.00 PLN. The Bank does not include the following costs in the total cost of the loan: the cost of insuring the financed property and the cost of property valuation, as it is not a provider of these additional services for the consumer. Total amount payable is: 739,044.99 PLN. The loan interest rate is fixed during the first 60 months, and then variable. During the period in which the interest is determined according to the variable formula, the interest rate of the loan agreement may change due to changes in the WIBOR 3M reference rate, which may cause the costs of servicing the loan to increase or decrease. Variable interest rates carry the risk of increasing the installment amount, and thus the total amount to be paid.
The calculation was made on March 21, 2025, based on a representative example.