Mortgage Arrangement and Disbursement
| Mortgage Arrangement | FREE OF CHARGE |
|---|---|
| 1st to 4th drawdown | FREE OF CHARGE |
| 5th and further drawdown | CZK 500 |
| Incomplete drawdown | 5 % from the undrawn part of loan if it exceeded 20 % of loan limit |
| Extension of drawdown period | 1.5 % p.a. from the undrawn part of loan as of the application day |
Mortgage Maintanance and Administration
| Maintenance and administration | FREE OF CHARGE | |
|---|---|---|
| Administration of extraordinary repayment (for constracts signed until 30 Nov 2016)* | Outside the date of change of fixed interest rate | 10 % from the instalment amount |
| As of the date of change of fixed interest rate | FREE OF CHARGE | |
| Electronic delivery | Annual loan account statement | FREE OF CHARGE |
| Confirmation of interests paid | FREE OF CHARGE | |
| Postal delivery | Annual loan account statement | 100 CZK |
| Confirmation of interests paid | 150 CZK | |
| Contract amendment requiring preparation of contract amendment | CZK 3,000 | |
| Change of loan parameter on the part of customer without the need to prepare a contract amendment | CZK 1,000 | |
| Verification of entry in the Land Registry | CZK 300 | |
| Termination of lien or another law (including the instruction for deletion from the Land Registry) | CZK 500 + administrative fee of the Land Registry (currently CZK 2,000) | |
| Sent reminder to fulfil contractual conditions | CZK 499 | |
Confirmations of interests paid sent by mail, related to the administration and maintenance, are incl. VAT.
* When you perform an extraordinary repayment on loans that were signed or which new interest period started from 1. 12. 2016, we have the right to claim the costs. We will enumerate the amount of these costs in accordance with the Contract and Conditions.
Mortgage Insurance
| Real estate insurance | 0.0055 % from the insurance amount + CZK 160 | |
|---|---|---|
| Household insurance | Insurance amount CZK 300,000 | 125 CZK |
| Insurance amount CZK 500,000 | 175 CZK | |
| Insurance amount CZK 750,000 | 250 CZK | |
| Payment protection insurance | Package A | 0.035 % from the agreed loan |
| Package B | 0.057 % from the agreed loan | |
| Package C | 0.071 % from the agreed loan | |
Fees for mortgage insurance are charged monthly. The real estate and household insurance are provided in cooperation with Generali Česká pojištovna a.s., the payment protection insurance is provided in cooperation with MetLife Europe d.a.c., branch for the Czech Republic. | ||
