Spring foot reduction of the NBP. Experts calculate if the loan installments fall
The borrowers are counting on relief, but will the reduction of NBP rates actually bring real savings? Here are the calculations of experts.
All of Poland is holding their breath today and is waiting for the decision of the Monetary Policy Council regarding interest rates. In the event of their reduction, borrowers will feel the installment relief. However, do we not overestimate its scale? Experts of the RynekPierwotny.pl portal answer this question.
They presented calculations showing how the installment of three sample housing loans will change compared to the base interest rate of 7.55 percent. – This is the average for loans in PLN according to the NBP data from March 2025.
NBP interest rate reduction – how will it affect loans?
Andrzej Prajsnar, an expert of the RynekPierwotny.pl portal, explains that if we assume that the next update of the interest rate of examples of housing loans (depending on the level of the WIBOR 3M rate) will take place at the beginning of July this year, then in such a variant, the example of borrowers can assume a reduction in interest rates of at least 0.50 percentage. Even before the May meeting, the WIBOR 3M rate clearly fell relative to the level from the end of March and early April (about 0.50 pp).
-It can be assumed that the May decision of the MPC to “cut” interest rates will result in further decreases in WIBOR in the near future. Let’s stay with a variant assuming an almost reliable decrease in the interest rate of three examples of loans by 0.50 percentage point. Such an interest rate will reduce an equal installment of an example of a thirty -year -old loan at PLN 450,000 from PLN 3,162 to PLN 3 009 – says Andrzej Prajsnar, expert on the RynekPierwotny.pl portal
Reduction of NBP interest rates – without revolution?
According to the expert, changing the installment by about PLN 150 a month is unlikely to bring a home budget revolution.
– Remember that we are talking about the beginning of probably a long cycle of interest rates. If at the beginning of 2026 the interest rate on the sample loan for 30 years is already lower by 1.25 percentage points than the output state (i.e. it falls to 6.30 percent), which is a fairly conservative assumption, then we will talk about a decrease in installment amount of about PLN 380 – notes Andrzej Prajsnar.
