– For most franchisees, the next installment will be the highest since obtaining the loan – Expander analysts believe. However, the decline in the Swiss currency is not visible on the horizon.
Franc exchange rate Swiss zloty hit 4.5 zlotys. This, experts say, will translate into a significant increase in loan installments in this currency.
– If the current exchange rate of the franc remains at this level, almost all franchise holders will pay the highest installment in history – believes Jarosław Sadowski, chief analyst of Expander Advisors.
However, as analysts add, there is no indication that the Swiss currency would suddenly lose against the zloty. Since the beginning of the pandemic, the exchange rate of the franc has been constantly above 4 zlotys.
Expander’s calculations show that over the past 6 months, the loan installment in the amount of PLN 300,000 PLN contracted for 30 years in January 2008. increased from PLN 1,834 to PLN 2,022.
Loan in francs versus loan in zlotys. Who will pay how much
Experts also compared similar loans taken in francs and in zlotys. In the first case (300,000 for 30 years, incurred at the beginning of 2008), the installment is currently PLN 2022. As for the analogous loan in PLN, the installment at the current level of the WIBOR 6M rate will be PLN 1,336. – The difference is therefore huge – emphasizes Jarosław Sadowski.
The analyst adds, however, that the level of interest rates in Poland will probably increase even more – PLN loan installments may be even higher. If the 6M WIBOR increased to e.g. 3%, the installment would be PLN 1,435.
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