A lower interest rate than conventional loansSave more money with a lower interest rate.
Our Non-purpose Mortgage (the "American Mortgage") offers you a lower interest rate than conventional consumer loans. Establish your real estate loan and you can borrow anything. With our non-purpose mortgage, you can get up to 70% of the value of your property.
A mortgage without unreasonable feesWith us, you get free what you would pay elsewhere.
In addition, you get for free:
- mortgage management and administration
- first drawdown of the loan
- current account in CZK and card withdrawals from all ATMs in the Czech Republic
How you use the money is up to youThe mortgage terms are simple and clear.
An unspecified mortgage is perfect for a car purchase, home renovations, or for education expenses.
Basic parameters of a non-purposemortgage
Mortgage amount from 500 000 CZK up to 70% of the value of your property Drawdown up to 6 months after loan approval Interest rates with a fixed validity period of 1-7, 10 and 15 years
Length of repayment 5 to 20 years Repayment monthly annuity payment, fixed for the duration of the interest rate Security residential property, completed and approved, in good condition 
Property estimateOur mortgage advisors will advise you with ensuring a property estimate.
We offer online appraisal for free.
If it is necessary to prepare a standard property valuation, we will find a suitable appraiser and order the appraisal for you.
Don’t let your mortgage jeopardize your budgetWith insurance, you can avoid any concerns that might compromise your budget.
With your mortgage you can arrange for convenient payment protection insurance, as well as property and home insurance.
Easy mortgageAt our first meeting we will help you to evaluate the best mortgage options for you.
You can apply for a mortgage at any one of our mortage centres. Make an appointment with a mortgage adviser through our contact form by clicking on the button "Arrange a meeting".
Representative example
Loan amount: CZK 1,000,000; term: 20 years; total number of instalments: 241; monthly payment: CZK 7,747; five-year fixed interest rate: 6.99% p.a.; APR: 7.44%; total amount to be paid by the consumer: CZK 1,882,670. Fees associated with the loan: zero fee for provision of the mortgage loan; monthly account management fee CZK 49; zero mortgage management and administration fee; zero monthly fee for payment protection insurance fee. In addition to the above, you will incur the following costs in connection with the mortgage: assumed costs for real estate appraisal in the amount of CZK 4,900 (in case of a residential unit), fee for withdrawal after submission of the pledge entry into the cadaster CZK 1,900, costs of registration of the mortgage right concerning the real estate in the Land Registry in the expected amount of CZK 2,000; costs to de-register the mortgage right and other rights from the Land Registry upon termination of the mortgage loan in the expected amount of CZK 2,000; costs of authentication of signatures in the expected amount of CZK 240; costs of an extract or copy of an entry from the Land Registry in the amount of CZK 350. All of the above items are included in the APR. In addition, property insurance is required. The loan is secured by a mortgage right concerning the real estate.
