Universal Mortgage Loan
Purpose of financing:
- any purpose (excluding financing business or agricultural activities) and does not require proof of use of funds, however, this purpose must be specified in the loan agreement
Loan amount:
- the minimum loan amount cannot be less than 10,000 PLN
- the maximum loan amount depends on the borrower's creditworthiness and cannot exceed 65% of the market value of the property secured and the amount of 1,070,000 PLN
Loan term:
- from 1 year to 20 years
- the age of the Borrower at the end of the planned loan term cannot exceed 75 years
- possibility of up to 6 months of capital repayment grace period
Collateral:
The basic, mandatory forms of securing the loan are:
- a mortgage established in first place in the land and mortgage register for the property that is the subject of the loan / collateral for the loan;
- promissory note in blanco from the borrowers;
- assignment of rights to the bank from the property insurance policy (not applicable to land properties) that is the subject of collateral against fire and other random events, with particular consideration of flood risk;
- naming the bank as a beneficiary entitled to receive payment from the life insurance policy of the borrower up to the amount of debt resulting from the loan agreement – in case the following three conditions are fulfilled:
1. the loan amount exceeds 80,000 PLN,
2. the sum of the borrower's age and the loan term exceeds 65 years and
3. the borrower is the sole breadwinner of the family (a person solely supporting family members); - in case it is not possible to establish a mortgage before the loan is disbursed, the borrower is obliged to establish a temporary security for the loan, which may consist of:
1) a guarantee according to civil law by a person meeting the conditions required by the bank for the borrower,
2) a cash deposit,
3) a block of cash on the bank account,
temporary securities will be released the next day after the bank receives information about the establishment of final securities, including after receiving an updated excerpt from the land and mortgage register with a valid entry of the mortgage established in favor of the bank on the property securing the granted loan.
The loan disbursement is carried out in a non-cash form to the Borrower's account maintained at the Bank or as a transfer to another bank or cash disbursement if there is no account.
Useful Information
- Information on the risk of rising interest rates and on the provisions of the BMR regulation and emergency plan
- Interest Rate Risk
- Regulations for lending to individuals under mortgage loans effective from February 13, 2026.
- Regulations for lending to individuals under mortgage loans for agreements concluded until February 12, 2026, and effective until May 4, 2026.
For variable interest rate:
The Actual Annual Interest Rate (APR) is 9.61% for the following assumptions: total loan amount: 279,800.00 PLN (excluding financed costs), loan term: 203 months; own contribution: 58.43% of the property value; variable interest rate on the loan: 8.96% per year - calculated as the sum of the current reference rate: variable WIBOR 3M rate: 4.06% and the Bank's margin of 4.90%. Monthly installment: 2,683.48 PLN, total number of installments: 203. Total cost of the loan: 269,364.01 PLN, including: total interest over the entire loan term: 264,948.01 PLN, commission for granting the loan: 1.50% of the granted loan amount amounting to: 4,197.00 PLN. Cost of establishing a mortgage: 200.00 PLN, tax on civil law activities (PCC 3): 19.00 PLN. In the total cost of the loan, the Bank does not include the following costs: cost of insurance for the financed property outside of the Bank's offer, cost of property appraisal, and cost of life insurance of the Borrower outside of the Bank's offer, as it is not a provider of these additional services to the consumer. Total payable amount: 549,164.01 PLN. The loan rate is variable and may increase during the term of the loan agreement due to an increase in the WIBOR 3M reference rate, which will lead to an increase in the amount of the loan payment.
The calculation was made as of March 23, 2026, on a representative example.
For fixed-rate interest:
The Actual Annual Interest Rate (APR) is 9.59% for the following assumptions: total loan amount: 279,800.00 PLN (excluding financed costs), loan term: 203 months; own contribution: 58.43% of the property value; fixed interest rate of the loan: 8.93% per year for the first 60 months - calculated as the sum of the current base rate: 4.03% and the Bank's margin of 4.90%, and then variable interest of 8.96% - calculated as the sum of the current reference rate: variable WIBOR 3M rate: 4.06% and the Bank's margin of 4.90%. Monthly installment: 2,678.33 PLN, for the first 60 months, and in the following years 2,682.95 PLN, total number of installments: 203. Total cost of the loan: 268,976.57 PLN, including: total interest over the entire loan term: 264,560.57 PLN, commission for granting the loan: 1.50% of the granted loan amount amounting to: 4,197.00 PLN. Cost of establishing a mortgage: 200.00 PLN, tax on civil law activities (PCC 3): 19.00 PLN. In the total cost of the loan, the Bank does not include the following costs: cost of insurance for the financed property outside of the Bank's offer, cost of property appraisal, and cost of life insurance of the Borrower outside of the Bank's offer, as it is not a provider of these additional services to the consumer. Total payable amount: 548,776.57 PLN. The loan rate is fixed and may increase during the term of the loan agreement due to an increase in the WIBOR 3M reference rate, which will lead to an increase in the amount of the loan payment.
The calculation was made as of March 23, 2026, on a representative example.