You will save so much at the bank. Installments of loans after a reduction in interest rates. [WYLICZENIA]
“Only as a result of the July reduction of the loan installment at 500 thousand. PLN for 30 years will fall by PLN 85” – calculates the ranking. The combined effect of two foot reductions this year will reduce the installment by PLN 257 – from PLN 3,651 to PLN 3,394. In addition, the creditworthiness increases with a reduction.
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Jarosław Sadowski / Rankomat.pl
“This, of course, applies to loans with a variable interest rate, because their interest rate depends on the WIBOR rate, which changes with the RPP decisions,” emphasizes Jarosław Sadowski, an expert in rank -headed.
He adds that You still have to wait for installments, because banks usually update the interest rate on loans once every three months or once every six months depending on the contract.
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People who have chosen a fixed interest rate will wait for the decrease in installments for the longest. It usually applies for five years since the loan is granted.
The MPC reduces interest rates. Credit capacity is growing
“A decrease in interest rates means that the availability of mortgage is increasing. As a result of a May and July reduction, a person who could count on PLN 500,000 in April will now obtain 537 thousand PLN 931” – indicates Jarosław Sadowski.
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Jarosław Sadowski / Rankomat.pl
If, in turn, a forecast for further rate reduction works, thanks to which WIBOR 6M will drop to 4.03 percent, the same person will be able to borrow 600,000. PLN, i.e. by over 100,000 PLN more than before discounts.
“However, it should be remembered that we are talking only about the effect of lower feet. In practice, this increase may be limited by the growing costs of living, which banks include when calculating creditworthiness. It is also impossible to exclude the tightening of the regulations forcing banks for more careful granting of loans. On the other hand, in our calculations, we assume that the borrowers do not change. However, if someone receives a raise. Kredytowa ” – comments the expert rankomat.pl.
