Mortgage rates in Poland in 2026
Most Polish mortgages are variable-rate loans priced as a reference rate plus a margin. The reference rate is WIBOR 3M, which was about 3.85% in September 2026, and the bank adds a margin that is typically around 2%. That puts typical rates for borrowers in Poland at roughly 5.5% to 6.5%. For foreign borrowers, banks often add 0.25 to 0.75 points.
- Variable rate: your payment is reset every 3 months when WIBOR changes. It is cheaper at the start but carries rate risk. The "If rates change" table in the calculator shows what a rise or fall of 1 to 2 points does to your payment.
- Fixed rate: the rate is locked for a period, often 5 years, and then the bank offers a new one. It is a bit higher at the start but predictable.
- WIBOR and WIRON: WIBOR is gradually being replaced by WIRON, a rate based on real overnight transactions. WIRON was about 3.24% in September 2026. Check which reference rate your loan contract uses.
- The central bank rate: the National Bank of Poland reference rate stood at 3.75% in 2026, which influences WIBOR.
How a Polish mortgage works
- Currency: loans are almost always in PLN. Banks very rarely lend in euros to people who earn in zloty.
- Term: up to 30 or 35 years. A longer term lowers the payment and raises the total interest.
- Equal vs decreasing instalments: equal (annuity) payments are the same every month. Decreasing instalments start higher and fall, and cost less interest overall, but need more income at the start.
- Loan to value: banks usually lend up to 80% of the property value. Up to 90% is sometimes possible with extra insurance.
- Stress test: banks check that you could still pay if the rate rose by about 2.5 percentage points, and they cap total debt payments at roughly 40% to 50% of income, lower for borrowers seen as higher risk.
- Security: the bank registers a mortgage on the property in the land and mortgage register and requires property insurance.
Costs of buying property in Poland
| Cost | Amount |
|---|---|
| Tax on civil law transactions (PCC) | 2% of the price on a resale. Paid by the buyer. New homes bought from a developer carry VAT instead and no PCC. |
| Notary fee | Regulated maximum scale plus 23% VAT. About PLN 3,170 plus VAT on a PLN 600,000 flat, capped at PLN 10,000. |
| Court fees | PLN 200 to register ownership and PLN 200 to register the bank's mortgage |
| Estate agent | Often 2% to 3% of the price plus VAT, if you use an agent and they charge the buyer |
| Bank costs | A commission of 0% to 2% of the loan, a valuation of the property, and insurance |
On a resale, the state costs alone usually add about 2.5% to 3.5% of the price before any agent fee. Maintenance charges and local property tax are separate and are not in the calculator.
Getting a mortgage in Poland as a foreigner
Foreigners can get a mortgage from Polish banks. What matters is a stable income and a clean credit history, and the terms depend on your status.
- EU, EEA and Swiss citizens are generally treated like Polish citizens.
- Non-EU citizens usually need a valid residence permit, and long-term permits help. Banks often ask for a larger down payment of 20% to 30% or more.
- Documents: passport or ID, a PESEL number, proof of income such as an employment contract and payslips, and bank statements. If you earn abroad, expect translated documents and tighter checks.
- Income: salaried employees with a permanent contract are the easiest to approve. Self-employed people on B2B contracts usually need a history of at least several months to a year.
- Consider a broker: an independent mortgage broker can compare offers across banks and knows which ones lend to foreigners.
Do foreigners need a permit to buy property?
| Buyer | Apartment | House or land |
|---|---|---|
| EU, EEA or Swiss citizen | No permit | No permit |
| Other nationality | No permit, unless it is in a border zone | Permit from the Minister of Interior, with limited exceptions |
Some non-EEA buyers qualify for exemptions, for example certain long-term residents or spouses of Polish citizens. If a permit is needed, make it a condition of the preliminary agreement because it can take months.
How this calculator works
- Interest is the annual rate divided by 12 on the outstanding balance each month, the way Polish banks calculate it. The rate stays constant, so a variable-rate loan is shown at today's rate with a sensitivity table.
- The affordability test applies a rate 2.5 points higher than yours and a debt limit you choose. It is an indication only, because every bank has its own method.
- Notary and court fees follow the regulated scales. Agent, bank and insurance costs are inputs you can set.
- It does not include property insurance, service charges, local property tax or early repayment fees.
Frequently asked questions
Can foreigners get a mortgage in Poland?
Yes. Polish banks lend to foreigners, most easily to EU citizens and to non-EU residents with a long-term residence permit, a PESEL number and a stable income. Terms depend on your status, and the down payment and rate are often higher than for Polish citizens.
What is the mortgage interest rate in Poland?
Most mortgages are variable and priced as WIBOR 3M plus a margin. With WIBOR 3M at about 3.85% in September 2026 and margins around 2%, typical rates are roughly 5.5% to 6.5%. Foreign borrowers may pay 0.25 to 0.75 points more.
What deposit do I need to buy property in Poland as a foreigner?
Usually at least 20% of the price. Non-EU borrowers are often asked for 20% to 30% or more, and a bank may ask for more if your income is earned abroad.
How much does it cost to buy an apartment in Poland?
On a resale you pay 2% PCC tax, notary fees under a regulated scale plus 23% VAT, and about PLN 400 in court fees. That is usually about 2.5% to 3.5% of the price before any agent fee. New homes from a developer have no PCC.
Do I need a residence permit to get a Polish mortgage?
EU, EEA and Swiss citizens do not. Non-EU citizens generally need a valid residence permit, and long-term permits improve your chances.
What is WIBOR?
WIBOR is the Warsaw interbank rate used as the reference for most variable-rate mortgages. WIBOR 3M resets your rate every three months. It is being replaced gradually by WIRON, so check the reference rate in your contract.
Can I get a mortgage in euros in Poland?
Almost never. Polish banks generally lend in zloty to borrowers who earn in zloty, and foreign currency loans are rarely offered to people without income in that currency.
Do foreigners need a permit to buy an apartment in Poland?
EU and EEA citizens never do. Non-EEA citizens can buy a separate apartment without a Ministry of Interior permit unless it is in a border zone. Houses and land generally need a permit.
Is this calculator a credit offer?
No. It gives indicative figures based on the inputs you enter. Each bank sets its own rates, margins, fees and lending criteria, so ask for an official offer.
What does an overpayment do to my mortgage?
A regular monthly overpayment keeps your payment the same but pays the loan off sooner and saves interest. The calculator shows the months saved. Check your contract for early repayment fees.