Mortgages can be cheaper than building societies

Building societies and mortgage banks are ahead in the provision of housing. Their products compete to the best of their knowledge, which ones are also suitable? Are they hellishly expensive or mortgages?

In addition to their classic hell-making houses, for which you usually need something to join, and which are most often used for housing reconstructions, building societies have in recent years offered mortgage-type hell-making huts, which are intended for your investments. They are provided with a zero sweat deposit, their minimum in the amount of usually 300 thousand crowns and as well as mortgages must be secured by a mortgage first to the property.

Mortgages are similar to the long maturity period of some products, which can be up to 30 years. Building societies, however, take over the other properties of mortgages, for example, for some changes in the rate, the rate is fixed only for the first six years, in the tariffs there are also fees for early repayment of such a hell. These vry should be an alternative to mortgages, so the question is what is more suitable.

Peklenovac free versus mortgages

When deciding whether to give preference to a mortgage or a vote from a building society, everyone must increase their own situation, as a clear answer, of course, is not possible. Cadmium will fly on it elsewhere, it can be, for example, criteria such as minimizing total costs, what is not burdened by installments, the ability to meet in exchange with extraordinary installments, the possibility of long-term fixation of rates, the bank required income and the like.

As for the required income, you can worry about mortgages in this darkness here ao peklenovacch vrech here. Due to the fact that these two products have a completely different construction and generally cannot be made, the comparison is based on a sample model example. We will also start from it in the following text and look at the differences between mortgages and hellish sight in terms of installments and total costs.

Is dra a mortgage or peklenovac vr?

years

In the year at hypotench vr it is easy to calculate from the long maturity, years of the rate and the volume of vru. For comparison with building associations, we will not mention mortgages with several different year rates in the range of 3.5% and 5.5%. This corresponds approximately to the range of currently valid rates with fixations from one year to 15 years. The fixation does not offer most banks.

In the case of a hell of a building, the building society is paid only for years, during the subsequent year of the building savings the installments are spent by a specified percentage of the total amount. For each product, it is individual, so when comparing, we start from a changed model example. The specific companies chose and spent the total year and more installments consumed by building societies.

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Models treasure

In the last mortgage and hell, the amount of 1.4 million crowns, which is provided up to 70% of the mortgage value of the property for a period of twenty years. The property has a value of 2 million crowns, disputes in 600 thousand crowns. crown. We are considering two different types of recipients, namely a single person and a family with a small child (you will find the exact back in this lnku). The results presented by the building societies were always the same for both applicants, with the exception of MSS, which proposed in the case of the family to conclude two contracts with tens of 700 thousand. crown. In all other cases, it was recommended to conclude contracts with a total amount of 1.4 million crowns and a hell of a zero deposit.

Total years of costs

The following table shows the total year paid for each year in total over twenty years. In the case of a building joint, this means a combination of years from hell and bottom. In all cases, we have a theoretical assumption that the rate does not change over the years.

It can be seen that building savings are generally expensive than mortgages from this point of view. Due to the fact that the infernal vry does not wash all the time, the total years are known to be high. These days, it is possible to get a mortgage with a five-year fixation for 4.5% or more. Such a mortgage would be, in terms of years, a cost cheaper than all the hellish seals from the offer of building societies. m you are a bag of years, tm you are also daov odoty. If you pay for the housing used for financial housing, you can pay a year and 300 thousand crowns. The last two columns of the table show how the years are the cost. There is an example of a tax dog with a 19% and 32% income tax rate. Again, this is only a theoretical calculation, as the data will change many times over the next twenty years.

Total paid years (K): in the case of a building association, it is the sum of all years from hell and the bottom of the year, in the case of a mortgage, these years are paid for the entire period of its fulfillment

building savings bank hell vr / mortgage without tax answer daov psmo 19 % daov psmo 32 %
Mortgage 3.5% 548 665 444 418 373 092
Hypotka 4% 636 094 515 236 432 544
Mortgage 4.5% 725 702 587 819 493 477
MSS family TopKredit Plus at the Attractive Standard rate 749 942 607 453 509 961
MSS individual TopKredit Plus at the Attractive Standard rate 750 607 607 992 510 413
SS S HYPO TREND 802 870 650 325 545 952
HYPO NU-EU 1,2 805 935 652 807 548 036
Mortgage 5% 817 451 662 136 555 867

wstenrot

PARTNER v tarifn variant OF 864 189 699 993 587 649
Mortgage 5.5% 911 301 738 154 619 685
Modr pyramida Hypovr 961 955 779 184 654 129
Raiffeisen NZK HYPOSPLTKA v ​​tarifu S 061 1 064 413 862 175 723 801

Source: stavebn spoitelny, Fincentrum.cz

Fees

Costs include years and fees. If we omit the various administrative fees that the applicant has to pay when negotiating a contract, then in the case of a mortgage, the client pays a single castle for a contract and regular castles for the management and administration of the contract. The first is most often between 0.7% and 1% of the heat, the minimum and maximum values ​​are set. For the first time, the banks pay 100 and 150 crowns each. We will start from these villages in the following examples.

There is a fee for a building joint. The client first pays for the agreed building savings contract (and with the exception of 1% of the duty) and then the savings bank deducts a one-year fee for keeping it, currently it is around 300 crowns. If the client arranges a hellhound, pay for it usually 1% of his amount and according to then pay a fee for the administration of this hull. During the spoen period, therefore, two fees are paid for the spoic et and for the peklenovac incl. Both live in the same and very similar ways. Days of building societies currently provide building societies free of charge. The client then pays a fee for the first year this time for only one and again in the same place.

In the following table, the last column is the sum of the total costs of each and all fees and years paid during the entire maturity period.

Total costs of the year (K): paid years, one-time fees for the conclusion of contracts (level and for the agreement of the building society) and regular fees for the administration
building savings bank peklenovac vr / hypotka total years (K) castles (K) * souet (K)
Mortgage 3.5% 548 665 47 200 595 865
Hypotka 4% 636 094 47 200 683 294
Mortgage 4.5% 725 702 47 200 772 902
MSS family TopKredit Plus at the Attractive Standard rate 749 942 29 700 779 642
MSS individual TopKredit Plus at the Attractive Standard rate 750 607 29 700 780 307
SS S HYPO TREND 802 870 27 835 830 705
HYPO NU-EU 1,2 805 935 28 920 834 855

Mortgage 5% 817 451 47 200 864 651
wstenrot PARTNER v tarifn variant OF 864 189 35 500 899 689

Mortgage 5.5% 911 301 47 200 958 501
Modr pyramida Hypovr 961 955 30 800 992 755
Raiffeisen NZK HYPOSPLTKA v ​​tarifu S 061

1 064 413

38 848

1 103 261

Source: stavebn spoitelny, Fincentrum.cz
Note: * mortgage fees include the fee for the agreed fee (selected 0.8% of the fee) and the fees for the first fee (150 K msn); Fees for building savings include: fee for negotiating contracts for building savings, fee for arranging a hell of a loan and other fees for keeping a hell of a building, a fee for a building savings and a deposit here. In fzi peklenovacho vru you pay a fee for P and at the same time for spoen. “Dn” vry ze st. spoen provide spoilers for free.

Building spoen pin years of inputs and sttn support, mortgages do not

The main argument of building societies, in order to give priority to their application over mortgages, are income from deposits and state support. In the previous calculations, we compared only the costs. We can imagine that one option is a hellhound and the other a mortgage with a separate building connection, which will be used only for the appreciation of free resources. This separate connection can also be more suitable, as we can store the optimal strips with the maximum maximum support at a minimum deposit (approx. 1,700 crowns). You are connected in the hellhound. In this case, let’s get all the benefits of a building society and, in addition, take high years out of hell and some of the fees like that. Instead of a building society, you can, of course, invest your free resources in other instruments as well.

Msn payments incl

The problem, however, is that the combination of a mortgage with a separate building connection requires you to have more free resources than when fulfilling the hellish heat. The following two tables show this. The items are sorted by colored highlighted columns, which show several payments. In the first table there is a standard case of hellhound and mortgages, mortgages here from savings banks clearly compete for a while. In the second table, there is a case where you go to the mortgage in particular 1,700 crowns (plus a fee of 25 crowns) in addition to the building savings. In order to obtain support and a year of disputes in this way, it is necessary to have enough more free resources.

In msn payments in the period of hell (K): includes years from P, maturity, fees for keeping savings and P; for a mortgage includes an annuity payment and a fee for the first charge

building savings bank peklenovac vr / hypotka in msn payments (K) total paid years without rebate (K)
Modr pyramida Hypovr 7 855 961 955
Raiffeisen NZK HYPOSPLTKA v ​​tarifu S 061 8 219 1 064 413
Mortgage 3.5% 8 269 548 665
Hypotka 4% 8 634 636 094
SS S HYPO TREND 8 998 802 870
Mortgage 4.5% 9 007 725 702
Mortgage 5% 9 389 817 451
HYPO Hell. vr in the NU-EU tariff 1.2 9 394 805 935
MSS family TopKredit Plus at the Attractive Standard rate 9 412 749 942
MSS individual TopKredit Plus at the Attractive Standard rate 9 612 750 607

Mortgage 5.5% 9 780 911 301
wstenrot PARTNER v tarifn variant OF 9 833 864 189

Source: stavebn spoitelny, Fincentrum.cz
Pozn: P = peklenovac vr

MORTGAGE AND SEPARATE BUILDING SPOEN

In msn payments in the period of hell (K): includes years from P, maturity, fees for keeping savings and P; in the case of a mortgage, it includes an annuity payment and a fee for the administration of the debit + deposits from the building savings and a fee for keeping the deposit

building savings bank peklenovac vr / hypotka in msn payments (K) total paid years without rebate (K)
Modr pyramida Hypovr 7 855 961 955
Raiffeisen NZK HYPOSPLTKA v ​​tarifu S 061 8 219 1 064 413
SS S HYPO TREND 8 998 802 870
HYPO NU-EU 1,2 9 394 805 935
MSS family TopKredit Plus at the Attractive Standard rate 9 412 749 942
MSS individual TopKredit Plus at the Attractive Standard rate 9 612 750 607
wstenrot PARTNER v tarifn variant OF 9 833 864 189
Hypotka 3,5 % + st. spoen 9 994 548 665
Hypotka 4 % + st. Spoen 10 359 636 094
Hypotka 4,5 % + st. Spoen 10 732 725 702
Hypotka 5 % + st. Spoen 11 114 817 451
Hypotka 5,5 % + st. Spoen 11 505 911 301

Source: stavebn spoitelny, Fincentrum.cz
Note: P = peklenovac vr; in the case of a building savings, which is used by the mortgage owner only for the appreciation of the dispute, a deposit of 1,700 K msn was chosen in the table (to maximize the support) and a fee for maintaining a savings of 25 K msn (ron fees is most often around 300 K ron)

As for the spoen and its inputs in hellhounds, let’s take a look at them in some other comments.