Premier Mortgage
A mortgage or mortgage refinancing, with the unique “Premier Rate” interest rate. To add to your convenience, we provide a range of services at no cost: property valuation, entry of the lien in the lien docket – including the registration fee at the Land Registry, and express funding. During the term of the loan, you can lower or raise your repayments by up to 30%, suspend repayment for up to three months or postpone the start of repayment at no charge.
Mortgage for Rental Property
Mortgage for rental property will help you with your real estate purchase even if your funds are currently tied up elsewhere. You can repay a big portion of your mortgage from the income you generate from renting the respective property.
American Premier Mortgage
Obtain up to CZK 5 million for whatever you want. By mortgaging your property, you will receive a better interest rate than those offered by regular consumer loans. You can spread your repayments out over as much as 20 years.
Turnover Mortgage
A turnover based mortgage is a solution for entrepreneurs and self-employed individuals, as we can recognise a significant portion of their turnover as income. This allows us to approve a higher loan for you than if your income was evaluated in the usual way.
Mortgage Refinancing
If you transfer your mortgage from a different bank to us, we will guarantee the interest rate up to one year in advance and advise you on the best way to refinance your mortgage. You will also receive all the benefits associated with the Erste Premier programme.
We are always there for you
Be demanding. We’re prepared. Priority line
for Erste Premier clients.
+420 956 777 569
Send an email to erstepremier@erstepremier.cz
Leave your number, and we’ll get back to you
as soon as possible.
You will get the most out of Erste Premier if your savings and investments with the Česká spořitelna Financial Group exceed CZK 1 500 000, or your savings, investments and loans total CZK 4 000 000, or you transfer CZK 70 000 or more to your Premier Personal Account every month, which is your salary or income from self-employment.*
*The Bank reserves the right to decide upon the provision of the Erste Premier service. The service is intended solely for Clients who are natural persons – non-entrepreneurs. Meeting the above criteria does not automatically entitle a person to become a Client of Erste Premier. The Client and the Bank may terminate the Erste Premier service without cause or by mutual agreement.
Additional Information
What can I finance through a mortgage for rental property?
You can use the money to purchase an investment apartment, a family house with commercial premises or an apartment building.
How much money can I borrow through an American Premier mortgage?
You can borrow from CZK 150 000 to CZK 5 million with an American Premier mortgage. The mortgage can be for up to 70% of the value of the property.
How much will I be charged for the account statement and management of the American Premier mortgage?
Both management and the account statement are free.
When is it worth considering a Turnover Mortgage?
When you apply for a mortgage, you have to demonstrate your income. If you are an entrepreneur or self-employed, your income may be deemed insufficient under the usual mortgage approval process. For example, if you apply lump-sum deductions in your tax return, your actual income may be undervalued. A turnover mortgage will take into account the specific tax aspects of your business. In this way, you can obtain a loan even if you would not be eligible for a regular mortgage.
Representative example for an American mortgage
Mortgage parameters
Mortgage amount: CZK 800 000
Interest rate (5-year fixed rate): 4.89 % p.a.
Monthly repayment
(principal and interest): CZK 6 311
Number of repayments: 180
Repayment period: 15 years
Fees
(part of total loan costs)
Arrangement fee: CZK 6 000
Management fee: CZK 0
Change of repayment amount: CZK 0
Land register fee: CZK 2 000
Property appraisal: CZK 3 900
Representative example for a Premier mortgage
Mortgage parameters
Mortgage amount: CZK 1 800 000
Interest rate (5-year fixed rate): 2.89 % p.a.
Monthly repayment
(principal and interest): CZK 8 472
Number of repayments: 300
Repayment period: 25 years
Fees
(part of total loan costs)
Arrangement fee: CZK 6 000
Management fee: CZK 0
Change of repayment amount: CZK 0
Land register fee: CZK 2 000
Property appraisal: CZK 3 900
