CZK 1.5 million.
your interest rate and monthly mortgage payments.
| Rate type | Rate fixed for 3 years |
|---|---|
| Mortgage amount | from 1,5 mil. CZK |
| Refinancing | 4,58 % |
| Purchase | 4,58 % |
| Other | 4,58 % |
The interest rates apply to mortgages with a maximum loan-to-value (LTV) ratio of 80% and are subject to taking out Payment Protection Insurance. Interest rates for fixation periods other than 3 years are available in the Price List or through our Mortgage Calculator.
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How to save with our mortgage
Current rewards / discounts
- If you meet the programme conditions, we will pay you a reward based on the interest you have paid at the end of your fixation period.
| New / refinanced mortgages | |
|---|---|
| Mortgage amount | Reward based on interest paid* |
| up to CZK 3,000,000 | 0% |
| from CZK 3,000,000 | 3% |
| from CZK 4,000,000 | 4% |
| from CZK 5,000,000 | 5% |
| from CZK 10,000,000 | 6% |
* The reward does not apply to mortgages with a one-year fixation period, loans intended for construction, reconstruction or renovation, or loans with a maturity of less than 10 years.
If you continue repaying your mortgage with Fio banka after the end of the initial fixation period, you may become eligible for an even higher reward.
| At refixation | |
|---|---|
| Outstanding mortgage balance | Reward based on interest paid* |
| up to CZK 1,000,000 | 0% |
| from CZK 1,000,000 | 3% |
| from CZK 3,000,000 | 6% |
| from CZK 4,000,000 | 7% |
| from CZK 5,000,000 | 8% |
| from CZK 10,000,000 | 9% |
* The reward does not apply to mortgages with a one-year fixation period
Illustrative example:
Mr Smart took out a CZK 4,500,000 mortgage to purchase an apartment, with a repayment term of 30 years and a 3-year fixation period. His interest rate was 4.78% p.a.
Throughout the initial fixation period, he repaid his mortgage regularly and on time, made no extraordinary repayments, and met all the Mortgage Repayment Reward Programme conditions. During this period, he paid a total of CZK 630,510.67 in interest.
As his mortgage falls within the band eligible for a 4% reward on the interest paid, he will receive a reward of CZK 25,220.43 at the end of the initial fixation period.
This amount will be used as an extraordinary repayment of the mortgage principal, reducing the outstanding loan balance and, consequently, the regular monthly instalment.
Note: This example shows the reward for the initial fixation period only. The reward for the second and each subsequent fixation period cannot be determined reliably when the mortgage is arranged, as it depends, among other things, on the outstanding mortgage balance at the beginning of the relevant fixation period and the actual amount of interest paid during that period. Therefore, the exact reward amount will always be calculated before the start of each new fixation period and communicated to the client via Internet Banking.
- Information about the Mortgage Repayment Reward Programme
- 0.2% interest rate discount for Payment Protection Insurance
In-house property valuation
Subject to certain conditions, we can carry out the property valuation ourselves free of charge, helping you save the cost of an external valuation. Find out what conditions need to be met.
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Reduce your interest rate and pay less every month
Have you saved at least CZK 50,000? Put your savings to work by reducing your mortgage interest rate and monthly repayments. Your money remains available whenever you need it, while helping you save every month. The Mortgage Savings Account is completely free of charge.
See how much you can save with a Mortgage Savings Account in our illustrative example.
Illustrative example: Mortgage of CZK 3 million, repayment term of 30 years, standard monthly repayment without a Mortgage Savings Account: CZK 14,987.
New clients can take advantage of our Mortgage Savings Account, which allows you to reduce up to 75% of your mortgage interest by maintaining a balance equal to the outstanding principal.
Take a look at our illustrative examples to see how you can save with a Mortgage Savings Account.
Calculate your interest rate and monthly mortgage repayment
How to obtain a mortgage
You can get an approximate calculation of monthly payments and interest rates using our mortgage calculator. We will also be happy to calculate the parameters of your mortgage at our branch and provide you with further information.
What will you need? Proof of identity, proof of income, basic documents proving the purpose of the loan, including collateral, and a completed mortgage application. If you need help, we will be happy to assist you at our branch. You can find an overview of all the important documents here.
What do we assess? Your creditworthiness, i.e., your income and expenses, and thus your ability to repay the loan.
If you are an employee and can prove your income from employment, all you need is a confirmation of income and statements from the account where your salary is paid for the last 3 months. If you have income from business activities, we will need your personal income tax return, including attachments, confirmed by the tax office stamp for the last 2 years.
After a positive assessment, your selected property will need to be appraised by an appraiser. If you already have an acceptable market valuation of the property that is less than 6 years old, you can use this for the purpose of "refinancing." Under certain conditions, we can appraise the property ourselves, saving you the cost of an external appraiser. What conditions need to be met?
We will then compile all the documents and finalize the details together so that you can draw down the loan and start repaying it.
What do we include in your income?
1. Income from employment in the Czech Republic or abroad
2. Income from business and other self-employment activities, or concurrent income
3. Income from existing real estate rentals in the Czech Republic
4. Income from other sources, such as parental allowance, old-age pension, retirement pension, etc.
Are you buying a property in a project that we finance?
If you are applying for a mortgage to purchase a property from a development project that we finance, we will take care of everything necessary directly with the developer. All you need to do is provide proof of your income and expenses, i.e., your ability to repay the requested loan. The entire application process will be faster and easier than if you were to apply for the same mortgage at another bank. How can you tell if we finance a development project? Ask our mortgage specialists.
