Refinancing mortgage loanTB
Get an interest rate from 4.29 % p. a. with a 5-year fixation with Reward programTB Mortgage. Exchange your old mortgage right now and take advantage of mortgage refinancing from Tatra banka.
100 % discount on the loan fee*
Up to 100 % security value**
Online processing of selected changes
*The discount on the loan fee does not apply to its part for the evaluation of the apartment or real estate and for the delivery of the proposal for the deposit of the contract on the lien on the real estate to the relevant district office.
**A refinancing mortgage is available up to 100 % of the value of the security, as long as the amount of the new loan does not exceed the limit set by the regulator.
Refinancing mortgage calculator
Existing loans
New loan
Offer
New monthly payment will be lower by 0 €
Representative example:
The calculation is carried out on the assumption that mortgage loans are refinanced.
For a EUR loan with an interest rate of % p. a., with a maturity period in months/number of installments and with a one-time fee for the loan in the amount of EUR, a one-time fee for the valuation of the property in the amount of EUR, a one-time fee for the cadastre EUR and an annual insurance premium for real estate insurance in the amount of EUR represents the annual percentage rate of costs % for the monthly loan installment EUR (the amount of the last installment of the loan is EUR ). The total amount to be paid by the client is EUR, while the calculation of interest is based on the assumption that all months of the year have 30 days and a calendar year has 360 days.
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* Fixation period is the period during which the bank does not unilaterally change the interest rate. If you are interested in fixing the interest rate for the entire maturity of the loan, please contact DIALOG Live *1100.
This calculation is only informative. The amount of charges for property assessment, Land Register proceedings and insurance premium was determined from available data as the most frequently selected option of our clients. The interest rate is without taking into account the Reward programTB Mortgage.
* Fixation period is the period during which the bank does not unilaterally change the interest rate. If you are interested in fixing the interest rate for the entire maturity of the loan, please contact DIALOG Live *1100.
This calculation is only informative. The amount of charges for property assessment, Land Register proceedings and insurance premium was determined from available data as the most frequently selected option of our clients. The interest rate is without taking into account the Reward programTB Mortgage.
Example of home equity loan calculation
Loan amount
100 000 EUR
Maturity
30 years
Interest rate
from 4.49 % p. a.
Monthly payment
506.09 EUR
A representative example of APR calculation for Refinancing MortgageTB
- For a loan of 100 000 EUR with an interest rate of 4.49 % p. a., maturity period in months/number of installments 358 (the maturity period is shorter than required due to the fact that an additional legal assumption was used for the APR calculation) and with a one-time fee for the loan in the amount of 0 EUR, a one-time fee for the evaluation of the property in the amount of 250 EUR, a one-time fee for the cadastre of 66 EUR and an annual insurance premium for real estate insurance in the amount of 100 EUR represents an annual percentage rate of costs of 4.76 % with a monthly loan payment of 506.09 EUR (the amount of the last loan payment is 141.74 EUR). The total amount to be paid by the client is 184 131.87 EUR, while the interest calculation is based on the assumption that all months of the year have 30 days and the calendar year has 360 days.
A representative example of the APR calculation for the Reward programTB Mortgage
- For a loan of 100 000 EUR with an interest rate of 4.29 % p. a., maturity period in months/number of installments 358 (the maturity period is shorter than required due to the fact that an additional legal assumption was used for the APR calculation) and with a one-time fee for the loan in the amount of 0 EUR, a one-time fee for the evaluation of the property in the amount of 250 EUR, a one-time fee for the cadastre of 66 EUR, a monthly insurance premium for mortgage repayment insurance in the amount of 17.43 EUR, a monthly fee for the Account for blue planetTB in the amount of 7 EUR and an annual insurance premium for real estate insurance in the amount of 100 EUR represents an annual percentage rate of costs of 4, 99 % with a monthly loan payment of 494.28 EUR (the amount of the last loan payment is 245.34 EUR). The total amount to be paid by the client is 188 765.24 EUR, while the interest calculation is based on the assumption that all months of the year have 30 days and the calendar year has 360 days.
Get an interest rate discount of up to 0.2 % p. a. with the Reward programTB Mortgage
The more products you choose from our offer, the lower your refinancing mortgage interest rate will be, if you also meet the other conditions.
Detailed information can be found in the Terms and Conditions of the Reward programTB Mortgage.
I use
2 other products
Discount 0.2 % p. a. from the interest rate
I use
1 other product
Discount 0.1 % p. a. from the interest rate
I don't use any
other product
Standard interest rate
By using these products, you will reduce the interest rate on the Refinancing mortgage loanTB.
- at least one of the borrowers on the loan is the owner of the Account for blue planetTB, and at the same time
- the account was credited with a monthly amount of at least EUR 500 in the form of non-cash credits, while the amount of credits does not include:
- credits, representing a credited payment from another account of the same account holder managed by the bank,
- credits, which represent payments for goods or services made by means of a debit payment card, returned to the merchant,
at the same time:
- at least one transaction per month has been carried out via standing payment order or SEPA direct debit or debit payment card issued to this account, while the following are not included in the number of payment operations:
- payment operations performed through a standing payment order to another account of the same account holder maintained by the bank,
- the loan will not be in arrears with payment or interest payment for more than 15 days on the insured loan.
- for the provided loan, a mortgage repayment insurance policy was concluded, mediated by the Lender at UNIQA pojišťovna, a.s., a branch of an insurance company from another member state, Krasovského 3986/15, 851 01 Bratislava, while
- at least one borrower from the loan is insured,
- the insurance covers at least the risk of death and at the same time,
- at least 70 % of the loan amount is insured if the loan amount is equal to or less than 100 000 EUR or at least 50 % of the loan amount if the loan amount is over 100 000 EUR,
- the loan will not be in arrears with repayment or interest payment for more than 15 days on the insured loan.
How does it work?
The bank evaluates the fulfillment of the conditions for granting the benefit:
- 3 complete calendar months preceding the day of submitting the application for the provision of the loan or its first partial drawdown and subsequently
- the first complete 3 calendar months after the provision of the loan or its first partial drawdown and then every subsequent 3 calendar months.
- If the conditions are not met in the monitored period, the interest rate will be applied without the relevant discount. If the conditions for granting a discount are met in the next monitored period, the discount will be granted again.
The Bank can unilaterally determine the modification of the conditions of the Program after the expiry of the interest rate fixation period. In a written notification, the bank will determine the new amount of Program A discount (Simple discount) and Program B discount (Highest discount) or terminate the Program.
The program also ends if, based on the borrower's request, the bank approves or permits:
- full or partial postponement of loan repayments;
- deferment of loan installments within the meaning of Act. no. 67/2020 Coll. (Lex Corona);
- full or partial postponement of loan repayments due to the birth or adoption of a child;
- extension of the final maturity of the loan in connection with the borrower's request in the above-mentioned cases.
Tips
Mortgage guide
Guide: Mortgage LoanTB
Did you know that arranging a mortgage loan for housing is really simple? Read these five simple steps in our Mortgage Loan Guide and see for yourself.
Download the guideConsultation
The first step to get a Mortgage loanTB product is consultation. Schedule a date for your meeting via the DIALOG Live *1100 or visit any of our branches. Our mortgage specialists are credit professionals and are happy to explain everything you want to know.
You will already learn about the complete offer of loan products at the first meeting and then it will be up to you to combine the financing of your new home.
Consultation conditions are valid for 30 days during which you can decide what to do next.
Filing a loan application
If you have chosen a Mortgage loanTB, after submitting all the required documents you will file your loan application to one of our mortgage bankers. If you apply for a loan with a co-borrower, the co-borrower does not have to be present when filing the application, provided the co-borrower signed the applicable approvals during the consultation.
What documents may you need for the application?
- identity document of applicants
- documents on the applicant's income (for example, in the case of business income or income from abroad)
- documents related to the purpose of the loan (in the case of special purpose loans - for example, a purchase contract, building permit or itemized budget)
- documents for the established real estate (especially an expert opinion)
You can use the services of an expert of your choice and bring one original expert report. This must not be older than one year (in the case of a refinancing loan, it is also possible to accept an older expert opinion, but not more than 5 years old).
Approval of your application
In addition to evaluating your ability to repay the loan and creditworthiness, the approval of the loan application also includes the verification of an expert opinion. Our mortgage banker will inform you about the result of the loan approval.
What happens after the loan is approved
After approval, we will prepare the contract documentation for you. The bank guarantees you the conditions specified in the draft loan agreement for 30 days. When signing it, the mortgage banker will explain to you what steps you need to take in order to take out the loan.
Ways of signing the contract
You have several options for signing contracts:
- at a Tatra banka branch free of charge,
- before a notary with a fee,
- at the registry office with a fee.
Loan disbursement
All you need to take out a loan is to:
- visit the cadastral department at the relevant district office where you will submit the following documents:
- 2x application to record a lien,
- 2x lien agreement,
- a copy of the power of attorney for the bank,
- or other documents listed as an attachment to the lien agreement,
- submit to the bank one original application to record a lien specifying the date of its filing at the land registry,
- arrange property insurance, which is mandatory for a mortgage, and have your insurance company confirm with the Confirmation of receipt of the notification on origination of a lien. You can choose any insurance company.
- fulfill the other individual conditions for taking out the loan specified in the loan agreement,
- apply to the bank for a loan.
Loan life
Conditions following disbursement
Don't forget the conditions after taking out the loan. You will learn what exactly needs to be delivered to the bank not only from the General terms and conditions for granting loans, but also from the list of documents that is part of the loan documentation.
Loan changes
You will repay your loan in monthly annuity installments. During the fixation period, your repayment will not change. During repayment, you can, for example:
- request a change of the originally established property to another,
- request a change of co-borrower,
- request deferment of installments,
- make extraordinary installments.
Fixed interest rate
You can agree to fix the interest for several years. During this period, your interest will not change. At least 2 months before the end of the fixation, we will contact you in writing, informing you of the new interest rate and the new period of fixation. You can thus decide whether:
- you accept the new interest rate and fixation period,
- you will accept the offer to extend or shorten the fixation with the relevant interest rate.
Frequently asked questions
Arranging your mortgage for a house or apartment is individual according to the documents that need to be documented and the conditions that need to be met.
By default, however, the average length of mortgage process, i. e. from the evaluation model, documentation of all necessary documents, submission of the application, signing of the contracts to the drawdown of the loan itself takes approximately 2 weeks.
The cost of a mortgage loan consists of several items.
The first is the cost of valuing the property or the expert's fee for an expert opinion.
Clients can arrange its elaboration at their own expense, or Tatra banka will provide an expert appraisal of the apartment for the client (real estate appraisal costs are part of the loan fee and their current amount is 150 EUR per apartment).
In the case of real estate appraisal by an expert, which is provided by the client, the amount of costs depends on the type of real estate being established (in the range of approx. 100 EUR).
Other related costs:
- a fee for a proposal to deposit a lien in the cadastre in the amount of 66 EUR,
- loan fee (currently 175 EUR),
- premiums for real estate insurance, or premiums for insurance of the ability to repay a loan.
The purposes for which Mortgage loanTB can be used are: acquisition, construction, change, maintenance, repayment of a loan provided for previous purposes or a combination of these purposes. In the case of the Home equity loanTB, its provision is purposeless. The Refinancing mortgage loanTB is used to repay another mortgage on more favorable terms.
For the purpose of providing a mortgage, we accept income by default:
- employee - income for the last 12 months is assessed retrospectively (including regular bonuses, 13th and 14th salary), or for a shorter period, but at least for 6 months,
- employee abroad - minimum period of employment 6 months,
- pensions - old-age, widow's, invalidity and retirement,
- natural person entrepreneur - at least one completed tax period,
- legal entity - minimum duration of business 24 months.
Minimum income of all persons entering into a credit relationship arising from the territory of the Slovak Republic = 500 EUR.
At Tatra banka, we can recalculate your loan offer at the first meeting. Thanks to the pre-calculated preliminary loan amount, you will find it easier to find the property that we will finance for you. You can apply for a mortgage as soon as you have selected a property.
A citizen of the European Union with income from the territory of the Slovak Republic can apply for a mortgage as standard.
Transferring a mortgage from another bank is easy. Just visit a Tatra banka branch or contact DIALOG Live, where a mortgage specialist will recalculate your loan offer. In addition, Tatra banka accepts an older expert opinion of up to 5 years for all real estate.
The annual percentage rate of charge is the percentage of all costs associated with the loan. The calculation includes e.g. loan amount, loan fee, interest rate and other costs, such as premiums for real estate insurance, cadastral costs, real estate appraisal costs, etc.
In addition to the interest rate, the loan fee, the expert's fee for the expert opinion, the fee for the proposal to deposit the lien, the insurance premium for real estate insurance and other fees associated with the loan are also included here.
The interest rate is one of the values ??included in the calculation of the APR and represents a percentage of the price of a loan of money.
For example: The interest rate determines the amount of interest that is included in the monthly payment and represents an expense for the client. Interest, together with other costs, is converted into a percentage of the APR in order to compare the total cost of loans with different cost structures. For example, if you compare a loan with an interest rate of 1.35 % per annum and an APR of 2.10 % and a loan with an interest rate of 1.55 % per annum and an APR of 1.85 %, you will actually pay less on a loan that has an APR of 1.85 %. although at first sight it has a higher interest rate. In the first loan you pay less on interest, but other costs, e.g. for insurance, loan fees, etc., are so high that a second loan with an APR of 1.85 % is more advantageous, although it has a higher interest rate.
When building a family house, we can finance a loan for you from the acquisition of the land.
Subsequently, the construction of a family house can be financed in the form of a one-off (in the case of the establishment of another real estate) or gradual drawing on tranches, depending on how you proceed with the construction of the real estate. Always after performing a certain volume of work, we will refinance the resources used and you will draw funds for the construction from the mortgage on the house.
Detailed information will be provided by a mortgage specialist in the branch or on the DIALOG Live telephone line.
If the subject of the security is an apartment or a family house, it is necessary to take out real estate insurance (does not apply to land). Clients can take out real estate insurance through DIALOG Live or at a Tatra banka branch (thus saving time), or at an insurance company of their choice.
The mortgage offer is valid for 1 month from its recalculation during the consultation when Tatra banka will calculate the maximum loan amount for which you can qualify with your income and liabilities.
The basic documents that need to be provided to the bank are:
- proving the purpose of providing the loan (purchase contract, building permit, itemized budget for reconstruction, ...),
- proving the amount of income, which, after taking into account the expected monthly expenses, as well as other obligations of the applicant is sufficient to repay the loan (we can verify the amount of income directly at the bank, if the bank confirms it Social Insurance, otherwise it is necessary to provide proof of income) ,
- documents for real estate used to secure a loan (especially expert opinion, etc.),
- identification document of persons entering into a credit relationship.
If the established real estate is an apartment, it is possible to request an expert evaluation directly from Tatra banka.
The costs for the appraisal of the property are included in the loan fee and their current amount is 150 EUR per apartment.
In the event that the established real estate is a house or building land, it is necessary to request the preparation of an expert opinion directly by an expert in the field of construction.
As a standard, we accept an expert opinion not older than 1 year, while in the case of a refinancing loan, we accept an expert opinion up to 5 years old.
In case of early repayment of all or part of the loan, you have several options.
The first of them is the realization of a free extraordinary repayment of the loan in one or more installments, at most once a month, if the sum repaid in aggregate does not exceed 30 % of the principal amount of this loan per calendar year.
Another possibility is to submit an application for repayment of all or part of the loan at the time of expiry of the interest rate fixation period. In this case, the submission of the application and the repayment of the loan itself are free of charge (if the application is submitted within the specified period specified in the notification sent to the client).
The client may request early repayment of the loan or part thereof outside the above-mentioned deadlines, in which case the bank will claim the actual costs related to early repayment of the loan or part thereof, but not more than 1 % of the prepaid principal.
You can repay the mortgage early without the obligation to pay the costs related to the early repayment in case of application no later than on the last day of the period specified in the Notice of new loan conditions in connection with the expiration of the fixation period.
You can find out the current balance on the mortgage online in the Tatra banka mobile application, in Internet bankingTB, in person at a Tatra banka branch or by phone via DIALOG Live.
You can find out the current interest rate on your mortgage online in the Tatra banka mobile application, in Internet bankingTB, in person at a Tatra banka branch or by phone via DIALOG Live.
You can request changes to the loan via DIALOG Live or at a Tatra banka branch. In the event that you request, for example, a change in the repayment date, or another change in the loan, the change is charged in accordance with the currently valid fee schedule.
https://www.tatrabanka.sk/en/personal/loans/refinancing-mortgage-loan/