The term “mortgage balance calculation” does not cover anything else than information about how much the client still owes the bank. You have to ask for a mortgage balance calculation and the provider will then give you a written confirmation.
When is the application for mortgage balance assessment made?
You will most often encounter a mortgage assessment when:
- You want to sell the property with the mortgage.
- You want to pay off the mortgage loan early.
- You plan to refinance the mortgage.

Did you know that there is no universal mortgage balance application template? Each bank approaches it differently. Sometimes you have to go to a branch in person, other times you just fill out a designated form. But in any case, the certificate that the bank issues to you includes not only the mortgage balance calculation, but also the consent to repay the loan and also the consent to the new entry in the Land Registry.
What is the mortgage assessment fee?
You can find out the price of the mortgage from your bank. Not so long ago, banks charged thousands for a mortgage valuation; today, thanks to the new Consumer Credit Act, we are in the hundreds of crowns.