Typically, banks in Poland require a minimum of 20% of the property's value. Some institutions allow a 10% deposit, but then increase the margin or require additional security (e.g., a low-down payment insurance policy).
The bank primarily analyzes:
• net income (employment contract, B2B, rental),
• fixed living costs and liabilities (cards, leasing),
• BIK/BIG credit history,
• number of dependents.
The higher and more stable your income and the lower your liabilities, the greater your creditworthiness. A Wro Finanse advisor will calculate it free of charge with several banks simultaneously.
• Variable interest rate: the installment may increase or decrease with the National Bank of Poland (NBP) interest rate; often cheaper initially.
• Fixed interest rate (temporarily): the installment remains unchanged for 5–10 years, providing budgetary peace of mind.
The optimal choice depends on the planned financing horizon and risk tolerance; our office simulates both scenarios.
Most common:
1. ID card and current income statement or KPiR/PIT-36 (entrepreneurs).
2. Bank statements (from the last 3–6 months).
3. Real estate documents: preliminary/developer agreement, extract from the land and mortgage register, apartment floor plan, building permit (house).
4. Appraisal (sometimes the bank commissions it itself).
On average, it takes 4–6 weeks from completing the documents to disbursing the funds. Thanks to Wro Finanse's comprehensive service, we expedite this process by meeting the deadlines of the bank, notary, and developer.
Yes, although banks more closely verify the construction schedule and cost estimate. Financing is usually disbursed in installments after a bank inspector verifies the progress of the work.
For variable-rate loans, most banks no longer charge fees after three years. With fixed-rate loans, the fee may apply for the entire fixed-rate period (usually 1–3%). We always calculate whether early repayment will actually reduce the total costs.
• Bank commission (if applicable),
• Notary and court fees,
• Property insurance (mandatory),
• Optional: life insurance, bridging insurance, low down payment insurance,
• Real estate agency fee (if an intermediary).
We include them in the simulation of the total cost of the loan (APR).
Since 2014, Polish law has effectively limited foreign currency loans to individuals earning income in the given currency. Most clients therefore receive financing in PLN with protection against excessive exchange rate risk.
The margin is a fixed component of the interest rate (in addition to the WIBOR/WIRON reference rate or a fixed rate). It can be reduced by using bank cross-selling (account, card, insurance) or by presenting a competitive offer. Wro Finanse advisors negotiate the margin collectively, often obtaining better terms than individual clients.
