Below you will find a basic comparison of the cost of interest in a normal mortgage in Poland and in the 2% mortgage program.
Assumptions for the calculation:
- The same interest rate for the entire period. In practice the rate is fixed for 5 years.
- The same interest rate in the normal mortgage and in the 2% mortgage program. In practice the interest rate can be different but is similar for these two types mortgages. The interest rate can also be different at different banks.
- The above table only consist of the cost of interest. It does not consists other costs and fees you can be charged by a bank.