People planning to buy their own apartment can take advantage of special mortgage terms at Bank Pekao. By choosing an offer with credit repayment insurance (the so-called CPI), they will not pay a commission. In addition, the bank offers them an attractive margin starting at 1.94%, and also lowers the requirements related to the so-called LTV ratio, setting it at a maximum of 90%. This means that the minimum down payment may be as little as 10%.
Applying for a home loan at Bank Pekao S.A. is very simple and convenient. The bank will tailor its offer to the customer's needs, both in terms of the
loan installment amount and the repayment period. An application can be submitted directly at the Bank's Partner Branch in Bolesławiec, at 3B Grunwaldzka Street.
In 2020, Bank Pekao S.A.'s mortgage loan took first place in the Złoty Bankier ranking, a competition organized by the editorial teams of Puls Biznesu and Bankier.pl. Bank Pekao S.A.'s offer proved to be the best fit for people from different age groups. It was recognized not only for its attractive pricing terms, but also for its simplicity, clarity and flexibility.
Bank Pekao S.A. Partner Branch
3B Grunwaldzka Street, Bolesławiec
Open Monday to Friday, from 9:00 a.m. to 5:00 p.m.
tel. +48 786 120 552 and +48 519 644 058.
The annual percentage rate (APR) of the home mortgage/construction mortgage loan disbursed in a lump sum is 4.13% and was calculated based on the following assumptions: total loan amount of PLN 274,814 (excluding financed costs), loan taken out for 24 years, 288 monthly installments to repay, customer's down payment: 27% of the total cost of the financed investment, variable loan interest rate of 3.70% per annum, equal principal-and-interest installment until the mortgage registration becomes legally effective, amounting to PLN 1,469.49, and after the mortgage registration becomes legally effective, the principal-and-interest installment is reduced to PLN 1,325.56 (assuming that the registration becomes legally effective six months after the agreement is concluded), total amount payable by the consumer is PLN 389,530.48, total cost of the loan is PLN 114,716.48, including costs such as interest of PLN 102,410.56 and costs for: credit repayment insurance of PLN 5,401.74 (for 4 years), property (or other right) insurance against fire and other random events for 12 months according to the offer available at the bank, PLN 280.22, monthly fee for opening and maintaining a Konto Przekorzystne account, PLN 0, monthly fee for a MasterCard Debit FX debit card issued for the account, PLN 4, fee for issuing an Elastyczna credit card, PLN 15, with a monthly card service fee of PLN 3.90, property (or other right) inspection fee, PLN 137, tax on civil-law transactions for establishing the mortgage, PLN 19, and fee for preparing and concluding the agreement, PLN 0. Once the mortgage registration becomes legally effective, the variable loan interest rate will be reduced by 1 percentage point. The calculation was made on November 1, 2021, based on a representative example.
The mandatory security for a home mortgage/construction mortgage is a mortgage on the property (or other right) and an assignment of rights under the property (or other right) insurance agreement against fire and other random events, constituting security for the loan, throughout the entire loan period. Repayment of a loan with a variable interest rate entails the risk of an interest-rate change, which, if the interest rate rises, will result in an increase in the installment amount and the total amount payable. The bank makes a decision to grant the above-mentioned loans after conducting a credit analysis and assessing creditworthiness. The information contained in this material does not constitute an offer within the meaning of Article 66 of the Civil Code. The lender is Bank Polska Kasa Opieki Spółka Akcyjna.