Mortgage Ranking – September 2019 – best bank offers

Did September change the offers of banks? Which banks are offering the best mortgage offers this month? After analyzing the current conditions for granting loans for an apartment, at Good Finance we present a ranking of banks where you will get the best mortgage terms for buying real estate on the secondary market.

The lists illustrate the five best offers in terms of total cost of credit

The lists illustrate the five best offers in terms of total cost of credit

The property values ​​are USD 200,000, USD 300,000 and USD 400,000, and own contribution of 10% and 20%.

The following tables contain the most important loan parameters: total loan costs, i.e. the total cost of the loan and the sum of interest, as well as the total amount to be repaid. We also explain what amount of monthly loan installments can be expected, assuming that they will be equal.

The “difference from the best offer” column gives you the ability to quickly compare in which bank the total cost of credit is the lowest, and in which higher and how much. Under each table you will find a short summary.

The best bank offers when buying a property worth USD 200,000 with a 10% own contribution:

  • property purchase amount: USD 200,000
  • loan amount: USD 180,000
  • own contribution: USD 20,000
  • loan period: 30 years

Loan and Credit with a mortgage offer for customers with a 10% own contribution has been in the first position for many months. Here, the total amount to be repaid is less than 304 thousand.USD, and taking a loan for an apartment in Bank Hipoteczny this amount will be higher by over 11 thousand. Golden. Despite this, the top five included such offers, where the difference may reach even over 22,000. Golden.

The best bank offers when buying real estate worth USD 200,000 with 20% own contribution:

  • property purchase amount: USD 200,000
  • loan amount: USD 160,000
  • own contribution: USD 40,000
  • loan period: 30 years

The best mortgage offer

The best mortgage offer

Where the sum of costs does not exceed 100,000 USD is proposed by Good Finance. The customer using this proposal can count on a loan installment of USD 676 and this will be the lowest fee offered by all banks.

The best bank offers when buying a property worth USD 300,000 with a 10% own contribution:

  • property purchase amount: USD 300,000
  • loan amount: USD 270,000
  • own contribution: USD 30,000
  • loan period: 30 years

When buying a property worth 300,000 USD, a customer with a 10% own contribution can reach for Loan and Credit’s offer, where the sum of the loan costs will be the lowest of all the offers analyzed by us.

The difference reaches even nearly 30 thousand. Golden. Although the lowest monthly installment is calculated in Loan and Credit bank, the total cost of the loan will be over 27 thousand. USD higher than the first place offer.

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