National Bank of Poland base rate: 5.75%
WIBOR 3M: 5.83%
WIBOR 6M: 5.82%
WIRON 1M: 4.84%
What are the current interest rates for mortgages in Poland?
On 27 November 2023:
- The average 5-year fixed-rate mortgage interest rate in Poland is 7.31% (based on 80% LTV)
- The average variable-rate mortgage interest rate in Poland is 7.91% (based on 80% LTV)
(Average rates from my own calculations based on the mortgage rates today for various mortgage offers across the market)
You can use my Mortgage Repayment Calculator to calculate your monthly mortgage payments in Poland.
Best 5-year fixed rate mortgage in Poland
The best rate on a 5 year fix today is from BNP Paribas at 6.60%. You will need at least 20% deposit. There is no arrangement fee but you must buy a life insurance and property insurance from the bank. You also need to have a current account at the bank and transfer you salary into this account.
Best variable-rate mortgage in Poland
The best rate on a variable-rate mortgage today is from ING at 7.23%. (2.39% margin plus WIRON 1M). You will need at least 20% deposit. There is no arrangement fee but you need to buy a life insurance from a bank for at least 3 years.
The above rates aren’t necessarily indicative of the rate you would be offered. It is also important to look at mortgage fees and the bank’s criteria when choosing the best mortgage deal.