Mortgage Rates in Slovakia Drop Below 4%: Offers from Major Banks
Mortgage rates in Slovakia have fallen below the 4% threshold, marking a significant shift in the market. Over the past few months, nearly all Slovak banks have revised their offers. Here's a detailed overview of the updated rates as of late 2024.
Latest Mortgage Rates by Bank
✅ 365.bank (effective 30.08.2024):
- Fixed 1 year: from 4.35% (previously 4.75%)
- Fixed 3 years: from 3.95% (previously 4.25%)
- Fixed 5 years: from 3.95% (previously 4.25%)
- Fixed 10 years: from 4.65% (previously 5.05%)
✅ Tatra banka (effective 10.10.2024):
- Fixed 1 year: from 4.49% (no change)
- Fixed 2 years: from 4.39% (previously 4.49%)
- Fixed 3 years: from 3.99% (previously 4.19%)
- Fixed 5 years: from 4.09% (previously 4.29%)
- Fixed 7 years: from 4.49% (no change)
- Fixed 10 years: from 4.69% (no change)
✅ ČSOB (effective 30.10.2024):
- Fixed 1 year: from 4.95% (previously 4.99%)
- Fixed 3 years: from 3.95% (previously 4.09%)
- Fixed 4 years: from 3.95% (previously 4.09%)
- Fixed 5 years: from 4.05% (previously 4.19%)
- Fixed 10 years: from 4.65% (previously 4.69%)
- Fixed 15 years: from 4.75% (previously 4.79%)
- Fixed 20 years: from 4.85% (previously 4.89%)
✅ Prima banka (effective 05.11.2024):
- Fixed 3 years: from 3.80% (previously 4.00%)
- Fixed 4 years: from 3.80% (previously 4.00%)
- Fixed 5 years: from 4.00% (no change)
✅ VÚB (effective 15.11.2024):
- Fixed 1 year: from 4.39% (no change)
- Fixed 3 years: from 3.99% (previously 4.19%)
- Fixed 4 years: from 3.99% (previously 4.19%)
- Fixed 5 years: from 4.09% (previously 4.29%)
- Fixed 10 years: from 4.59% (no change)
✅ UniCredit Bank (effective 25.11.2024):
- Fixed 2 years: from 3.79% (previously 3.89%)
- Fixed 3 years: from 3.79% (previously 3.89%)
- Fixed 4 years: from 4.09% (previously 4.19%)
- Fixed 5 years: from 4.09% (previously 4.19%)
- Fixed 7 years: from 5.29% (no change)
✅ SLSP (effective 30.11.2024):
- Fixed 1 year: from 4.69% (no change)
- Fixed 3 years: from 3.89% (previously 4.09%)
- Fixed 5 years: from 3.99% (previously 4.19%)
- Fixed 10 years: from 4.99% (previously 5.09%)
- Fixed 15 years: from 5.09% (no change)
Important Notes for Borrowers
The above rates often come with specific conditions, such as bundling additional bank products (e.g., insurance or account management). For precise offers tailored to your needs—whether refinancing or securing a lower rate—it’s best to consult directly with your bank or financial advisor.
For Foreigners in Slovakia
- Only two banks—SLSP and VÚB—continue to work with foreign borrowers without permanent residency (PR) in Slovakia.
- Borrowers with temporary protection status can apply for mortgages only at VÚB.
If other banks have updated their policies for non-resident borrowers, please share your insights in the comments!
By staying informed of these changes, borrowers can take advantage of lower rates and plan their finances effectively in the evolving Slovak mortgage market.
