WIBOR falls and with it mortgage payments! Check how current rates affect your pocket and what the borrowers are waiting for in the coming months.
What is WIBOR and why does it matter?
WIBOR (Warsaw Interbank Offered Rate) is a reference interest rate at which banks borrow money on the Polish market. It is up to the majority of mortgage loans in Poland. The lower the WIBOR, the lower the loan payment – and vice versa.
Current WIBOR rates - April 2025
At the end of April 2025, WIBOR clearly declined from the beginning of the year. Here are the latest values:
Current WIBOR rates
| Type of WIBOR | Rate (%) | Update date |
|---|---|---|
| WIBOR 1M | 5,68 | 24.04.2025 |
| WIBOR 3M | 5,45 | 24.04.2025 |
| WIBOR 6M | 5,14 | 24.04.2025 |
By comparison, still in March WIBOR 3M was 5.85-5.66%. The inheritances are therefore noticeable and translate directly into mortgage payments.
How does a change in WIBOR affect the amount of mortgage payments?
Quick conversion: how much can you gain?
A fall in WIBOR means a lower interest rate on loans with variable interest rates. Example:
- Credit PLN 400,000 for 30 years, variable interest.
- Over the last six months, the instalment was about PLN 2,893.
- After the update (WIBOR 6M fell to 5.14%) the instalment will fall to approx. 2,753 PLN, i.e. 140 PLN per month less.
The higher the loan, the greater the difference. At 700,000 PLN the instalment can fall by up to 245 PLN. It is worth remembering that the interest rate update occurs every 3 or 6 months, depending on the type of indicator (WIBOR 3M or 6M).
Mortgage loans 2025 – how much do they cost and what does the market look like?
Despite high interest rates and the end of the Safe Credit 2% programme, Poles are still eager to get their mortgages. In March 2025, banks granted housing loans to a total of PLN 7.68 billion. The average value of the new loan was PLN 428.2 thousand and was 3% higher than the year before.
RRSO and total cost of credit
- The actual annual interest rate (RRSO) for variable-rate loans is currently around 8-10%, and for periodically fixed 7.5-8.5%.
- An example credit of PLN 400,000 per 25 years is the cost of almost PLN 900,000 to be paid at current rates.
What about WIBOR and loan instalments?
Experts predict that in subsequent months WIBOR rates may continue to decrease if the National Bank of Poland decides to reduce interest rates. This is good news for borrowers – lower WIBOR is a lower installment, so a real relief for the home budget.
Summary – what should the borrower do?
- Check when your loan will be updated.
- Consider overpayment of credit, if you have the opportunity – you will reduce capital and interest faster.
- Monitor WIBOR rates – any change can translate into your payment.
It is worth keeping up with, because in 2025 changes in the mortgage credit market can bring real savings for many families.
