Mortgage Calculator

The Czech National Bank (CNB) does not set any limits on interest fees or installments according to an applicant’s income. There is only one rule. The mortgage must cover a maximum of 90% on the total price of the real estate you want to purchase. Use this online mortgage calculator to compare rates and better understand what you might pay on a Czech home loan.

Our calculator will help you better understand & compare the cost of renting versus buying real estate in the Czech Republic. For example, imagine you are considering buying an apartment for CZK 2,500,000. Of this amount, you have CZK 500,000 in savings, and you intend to take out a Czech home loan for the rest. 

The amount of the loan will be CZK 2,000,000 at an interest rate of 4% over a term of 20 years. At this point, we can calculate how much you will need to pay in monthly installments on a mortgage loan. We can then compare this with current rental payments, which we will say are CZK 13,000. Let’s calculate:

• The loan amount is CZK 2,000,000

• Interest rates will be 4%

• The repayment period is at 20 years

• There are 12 payments per year

• Monthly mortgage installments will be CZK 12,119.6 – less than the cost of renting

The Czech National Bank holds that an applicant’s debt must not be more than eight times their annual net income. Further, monthly loan repayments must not exceed 40% of the applicant’s monthly net income. From here, the next step is finding the best mortgage rates in the Czech Republic for your individual case.

The higher your creditworthiness, the lower the interest fee on your mortgage. Achieve this by increasing your income, lowering debts, or arranging the mortgage with a co-signer or guarantor. It might take time, but it can be worth it when finding the best mortgage rates in the Czech Republic.

Generally speaking, Czech mortgage rates are likely to be fair if there are no additional insurance or administration fees attached. Feel free to research further, or ask us about Czech mortgage interest rates. We’ll ensure you are getting the best investment mortgage.

Czech banks usually provide home loans at a maximum of 80% of the total value of the real estate. In some cases, banks might provide up to 90%, although this is in exceptional cases.

No, unfortunately it is not possible to get a mortgage without savings. Applicants must have at least 10% of the value of the real estate they want to purchase. If this money is not available, applicants can guarantee the value with other real estate they own.

Many people take out Czech home loans or a home mortgage to buy a house in the Czech Republic. You can also take out a house mortgage for this purpose, or investment mortgages for investors to buy rental properties.

Explore interest rates and fixed mortgage rates quickly and easily thanks to our mortgage calculator. Calculate what you could pay each month, and get a better idea of Czech mortgage rates across the board.