A mortgage at 1.4 per cent – calculated at 5: why affordability decides your purchase
At first glance the situation for buyers looks comfortable: the National Bank has kept its policy rate at zero per cent for some time, and in early August 2026 ten-year fixed-rate mortgages were available at around 1.6 per cent and five-year ones at around 1.4 per cent. Nevertheless, many prospective buyers are turned down by the bank – not because they could not afford the interest, but because the bank calculates with entirely different figures from the market. Anyone who understands this mechanism enters a financing discussion far more calmly and knows in advance which property is realistically within reach.