10% vs 20% Down Payment, Notary Fees & 0% PCC Tax – How Much Cash You Need on Day 1
Your down payment is not the only cash you need on closing day. Use the interactive calculator below to see your exact Day-1 cash requirement and how a 10% vs 20% down payment changes which Polish banks will finance your purchase.
1. Interactive Day-1 Upfront Cash Calculator (Down Payment + Taxes + Notary)
Select your property price, down payment (10% vs 20%), and market type to see the exact cash you need in your bank account to close the purchase:
2. Which Polish Banks Accept a 10% Down Payment vs 20% Down Payment (or 0% RKM)?
- 8 Banks accept a 10% down payment (90% LTV): VeloBank, Bank Pekao S.A., PKO Bank Polski, BOŚ Bank, Bank Millennium, Erste Bank Polska (ex-Santander), Alior Bank, and mBank (with 6 also supporting 0% down via BGK RKM for first-time buyers within price-per-m² caps).
- 3 Banks strictly require a 20% down payment (80% LTV): UniCredit Polska, ING Bank Śląski, and BNP Paribas.
Pro tip on bridging from 10% to 20%: Because the interest rate on a 10% down payment loan is ~0.15% – 0.20% higher, once your remaining loan balance drops below 80% of the property value (through regular payments or free overpayments), you can request an annex or refinance to unlock the 20%-down-payment pricing tier.
Frequently Asked Questions (FAQ)
Can I use money from selling another asset or a family gift as my down payment in Poland?
Yes. Polish banks accept savings, proceeds from selling another asset, and documented family gifts (darowizna from close family reported on form SD-Z2 is 0% tax in Poland). The only thing you cannot use for a mortgage down payment is another loan or credit.
Does paying for apartment renovation count toward my down payment?
If you include a renovation budget (wykończenie pod klucz) in your mortgage application, banks add the renovation budget to the future property value (future value after completion), which frequently helps you cross the 20% LTV threshold.
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