For people under 36 and for anyone taking out their first mortgage. Six steps, no detours, no surprises.
You can manage a first mortgage if you have 10 to 20% of your own funds, a stable income and fit within what the bank will allow for repayments. The process: work it out → choose the type → prepare the documents → choose a bank → sign → repay. HypoGO guides you through all six steps for free and puts you in touch with an adviser for your case.
Before you negotiate anything with a bank, you need two figures: how much you can afford to borrow and how much it will cost you each month. The CNB currently sets just one blanket limit; the rest is up to each bank:
The bank cannot lend you more than the LTV limit allows; that's a CNB rule. How much you can manage in repayments, though, is for the bank itself to judge, so the same application can get two different answers from two banks. The calculator shows where you stand on LTV and what repayment follows from your figures.
In our calculator you enter the property price, your own funds, net income and age. The result is an indicative repayment, rate and a check of whether you fit within the LTV limit. No registration, no obligation.
Banks offer dozens of variants, but for a first mortgage the decision comes down to three questions:
If you're buying your own home and are under 36, you can use the CNB exception and go up to 90% LTV. That addresses a shortage of your own funds, not the cost of the loan: the bank charges a higher rate for a higher LTV. For a buy-to-let mortgage, the CNB has recommended an LTV of no more than 70% since April 2026. It's a recommendation, not a binding cap.
The fixed-rate period is the time for which the bank holds the agreed interest rate. When it ends, the bank offers you a new one. Of our offers, the cheapest is currently a three-year fixed-rate period from 4.99%, a five-year one from 5.09%, and a seven-year one from 5.40%. A shorter fixed-rate period is cheaper, but exposes you to a new rate sooner.
A longer term lowers your monthly repayment and raises the total interest. The CNB recommends not exceeding 30 years. Some banks also offer 40 years, usually with their own rule that repayment must end by around age 70.
Banks ask for three sets of documents: personal, income and property-related. The full list is in the checklist below. Only part of it applies to you, because some items rule each other out: an employee proves income differently from someone self-employed, and a flat held under personal ownership needs different papers from a cooperative-flat share. You can get most documents from home through Bank ID (bankovní identita).
Every bank has a different rate, different conditions and a different appetite for your situation. Which ones are realistic for you depends on which ones your adviser arranges with. The adviser applies in parallel with the two or three best candidates and then picks the one that gives you the best combination of rate and flexibility.
The rate in a price list is only a starting point. The bank sets your individual rate based on your creditworthiness and LTV, so it can't be promised in advance. It's still worth negotiating: on a model loan of CZK 4,000,000 over 30 years, each tenth of a percentage point costs an extra CZK 88,198 on the total amount paid.
The bank will ask you to sign the loan agreement. For a standard flat this can often be done online through Bank ID; otherwise you'll meet your adviser in person. From complete documentation, approval typically takes a few weeks.
How long registration takes is up to the Land Registry office. What's on your side, the adviser watches: making sure the registration application goes in complete and that drawdown follows on from it.
A mortgage starts with repayment and ends 20 to 30 years later. Most of the time there's nothing to do, the repayment leaves automatically. Three moments are worth acting on:
The bank will send you a new rate, a so-called retention offer. You'll only know if it's any good by comparing it with what others offer. Don't sign it blind; have someone work out what refinancing elsewhere would look like.
By law, you have the right to repay a mortgage in part or in full ahead of schedule. The bank may only charge what it actually cost them, and no more than 0.25% of the amount repaid for each year or part-year remaining until the end of the fixed-rate period, and never more than 1% of that amount. At the end of the fixed-rate period, it can't charge anything.
A higher income? Children? Moving? Any such change is a reason to revisit your mortgage, whether for the rate or for the size of the repayment. It's worth reviewing once a year.
APRC (RPSN in Czech) is the annual percentage rate of charge. Unlike the borrowing rate, it also factors in fees, so you can use it to compare offers against each other.
Mortgage of CZK 4,000,000, rate 4.99%, term 30 years, fixed-rate period 3 years. Monthly repayment CZK 21,448. Total amount to be paid CZK 7,721,433. APRC 5.11%. Calculated using the rate valid as of 1. 11. 2026.
29 items in four categories. Only part of it applies to you: an employee and someone self-employed prove income differently, and a cooperative flat needs different papers from one under personal ownership. Tick things off as you go; your progress is saved in the browser.
Banks see a new loan in the credit registers and count its repayment among your outgoings. A consumer loan taken out shortly before applying for a mortgage usually lowers how much the bank will lend you, and in the worst case sinks the application.
How to handle it →At the end of the fixed-rate period the bank sends you a new rate. Before you accept it, get at least one offer from elsewhere to compare it against. Otherwise you're accepting a price you never negotiated.
Work out a refinance →Without competition, you get the standard list-price rate. A discount on it only happens because the bank knows you have an offer from another bank.
How to choose a bank →The bank sees both your bank statements and your tax return. If the figures don't match, you'll only be lent against the declared income, and that's usually less than you need.
Open the FAQ →A higher repayment raises the share of your income going on repayments, and the bank may turn you down. Take a longer term instead and make extra repayments whenever it suits you. Early repayment is your legal right.
Repayment strategy →The bank requires it before drawdown, and won't release the money without it. Arrange it before you get to signing, so drawdown doesn't end up waiting on the policy.
Checklist →An unused limit on a credit card or overdraft is visible to the bank, and it counts it among your outgoings even if you owe nothing on it. Cancel cards you don't use before you submit your application.
Open the FAQ →In 60 seconds you'll know your repayment. An adviser from your region will call back only if you want to go ahead.