What you gain

Choose Bank Millennium attractive offer and support of our credit specialists:

  • 0% commission for loan granting and earlier repayment (APR 2.78%)
  • financing up to 90% of the property value
  • for our active Clients we offer margins lower by as much as 0,5% Check it out
  • credit holidays once a year
Contact our credit specialist

What can you allocate your mortgage loan to

  • purchase of flat/house on the primary/secondary market
  • construction/extension of a house
  • refurbishment/upgrade
  • refinancing your housing loan


The target loan collateral at Bank Millennium are:

  • mortgage on residential property entered in the first place in favour of Bank Millennium
  • assignment of rights from the insurance policy against fire and other accidents
  • assignment of rights from the borrower’s life insurance policy with the Bank as the only beneficiary

Property insurance

Life insurance

Until mortgage is established a so-called interim loan collateral is established. At Bank Millennium a standard interim collateral is a commission for increased risk collected until the mortgage is established.

Loan with LTV (total amount of the mortgage loan to the value of securing property) above 80%, but not higher than 90%, can be granted exclusively with an additional collateral in the form of high LTV insurance.

Remember! The target loan collateral may be also a mortgage on the property other than that financed with the loan, owned by you or a third party.


List of required documents

  • For filing an application

    • Application for information about the loan Download
    • Documents confirming your identity (ID or passport)

  • Property documents

    • value estimate of the property
    • copy of the entry in the land and mortgage registry- applies to real estate securing the loan

    Additionally, if the loan is secured by a single-family home or by an undeveloped plot of land, the following may be required:

    • final occupancy permit, or – if the former is not required by law – certificate of the completion of the construction along with the information on the lack of objection lodged certified by relevant authorities, or the decision on the amount of real-estate tax
    • copy of the entry in land registry or copy of the survey map
    • certificate of copy from the entry in the local spatial development plan confirming real estate use classification

  • Documents for verification of credit capacity

    • Employment and income certificate Download
    • Employment and income certificate (English version) Download
    • Extracts from the current account for the period of the last 3 months

Price list and regulations

Conditions for margin reduction

Margin reduced by 0,5% for Clients who fulfil the below conditions throughout the credit period:

  • they are holders of personal account at Bank Millennium, to which remuneration or net income are transferred every month, and
  • they are users of debit cards for account at Bank Millennium and perform card transactions in amount of minimum 500 PLN per month.

Cost of loan and legal note

Fees, commissions and interest rate are defined in the Mortgage Loan/Home Equity Loan Price List. The details of the principles and conditions for granting mortgage loans/home equity loans are stipulated in the Credit Regulations for individuals within mortgage banking at Bank Millennium S.A. The Regulations and Price List are available at the Bank’s branches and at www.bankmillennium.pl website. Before granting Loan/Home Equity Loan, the Bank assesses the Borrower’s credit capacity and credibility on a case-by-case basis; in justified cases the Bank may refuse to grant a loan.

Annual Percentage Rate (APR) is 2.78% and was calculated at WIBOR 3M 0.28% (as at 31.05.2020). Total mortgage loan (without costs financed with the loan) is 302 821 PLN, total amount to be paid by the consumer is 432 712,71 PLN, variable interest rate 2.28%, total cost of mortgage loan 129 891,71 PLN (including: commission for loan granting 0 PLN, interest 115 556,74 PLN, commission for increased risk until mortgage entry is made in the land and mortgage register for 6 months 1 512 PLN, property insurance against fire and other accidents according to the offer available through the Bank 10 440 PLN, life insurance according to the offer available through Bank 12 163,97 PLN, PCC/tax on civil law transactions 19 PLN and court fee for establishment of mortgage 200 PLN), credit period 30 years, loan instalment 1 162,16 PLN, number of instalments 360. The calculation was performed as at 04.06.2020 on a representative example assuming that the loan will be secured with a mortgage on the newly purchased property, whereas the value of the property to secure the loan is 387 933 PLN, credit margin is 2.50% as the Client holds Konto 360° account, under the condition of monthly inflow of remuneration or another net income to this account and holding a debit card to this account, and performing with this card non-cash transactions in the amount of minimum 500 PLN per month. In case of Konto 360° account, this account is then kept by the Bank free of charge and the fee for the debit card to this account is 0 PLN.

In case of loans with variable interest rate, a standard offer on the Polish market, there is a risk of changes in the interest rates. The risk of changes in the interest rates means that if the reference rate goes up, the interest rate of the loan will be higher, and then the monthly principal-interest instalment will increase, which will consequently result in increase in the cost of interest and thus, increase in the total cost of the mortgage loan. The Customer may present as security of the Bank’s receivables a property or life insurance policy – other than offered via the Bank – under an insurance agreement concluded with an insurer, which is shown on the list published by KNF. Loan with LTV (total amount of the mortgage loan to the value of securing property) above 80%, but not higher than 90%, can be granted exclusively with an additional collateral in the form of high LTV insurance.

More details

For detailed information contact your nearest Bank Millennium Financial Centres