Mortgage in Warsaw - almost €3 thousand per month

Mortgage in Warsaw - almost €3 thousand per month

To get a mortgage for 120-meter apartment in Warsaw, Polish family must have an average net income of 11,911 zlotys (€2,875) per month. Mortgage in Lodz is one of the most available in Poland: in this case family must earn €1,347 a month, writes ee24.com citing qbusiness.pl.

Two large portals - Lionshouse and Domy - decided to make a rating and help consumers to gage their strength. Experts calculated the average cost of square meter, and identified the following conditions: a family of three people wants to buy an apartment in Poland with an area of 120 sq.m and takes a loan for 30 years in the amount of 80% of the property value.

City Price for apartment Average required income
Warsaw €360,600 €2,875
Krakow €304,200 €2,446
Wroclaw €239,000 €1,951
Gdansk €243,600 €1,921
Poznan €212,900 €1,775
Katowice €156,400 €1,399
Lodz €147,800 €1,347