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Housing Financing in the Czech Republic by Means of a Mortgage Loan
Bocková, Lucie ; Votava, Libor (advisor) ; Rux, Luděk (referee)
Dissertation with title: Housing Financing in the Czech Republic using mortgage loan deals with analysis of mortgage loans. Work aims to acquaint with issue and options of financing of housing. First part is focused on legislation and theory of mortgage loans, where is also characterised process of mortgage loans. Further is followed up comparison mortgage loans with loans from building savings, their advantages and disadvantages when are used to financing of housing. In the second part are presented macroeconomic indicators, that affect state of mortgage market. In the third part are analysed mortgage products of four selected banks , that are Hypotecni banky a.s , Komercni banky a.s, Raiffeisenbank a.s. and České spořitelny a.s. Last part is devoted to model example of two hypothetical clients, where it is carried out comparison of the mortgage loan in the selected banks in terms of fundamental parameters and also the APR. Goal of dissertation is to provide recommendation within this form financing of housing and choose the best variant of mortgage loan for hypothetical clients.
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Analysis of factors influencing the mortgage market in the Czech Republic
Král, Šimon ; Vacek, Vladislav (advisor) ; Mazáček, David (referee)
The topic of this diploma thesis is the analysis of the factors influencing the mortgage market in the Czech Republic. The first part explains the basic terms related to the mortgage loan. Then follow characteristics of different mortgage loans which a client is able to get on the local market. Next there is a description of the history of mortgage lending in the Czech Republic and its development to the present day. The first chapter of the analytical part defines the factors which has influence on the development of the mortgage market. In the next chapter these macroeconomic factors are analyzed and evaluated. The objective of the work is to create a simplified model describing the interaction of macroeconomic variables and the mortgage market, used to estimate the future development and managing banking risk.
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Development of interest rates in the mortgage market in the Czech Republic between 2006-2016
Ditrichová, Gabriela ; Strejček, Ivo (advisor) ; Klement, Josef (referee)
This bachelor's thesis is focused on the development of interest rates in the mortgage market in the Czech Republic in the decade between 2006 and 2016. A strong economic growth between 2006 and 2007, which had positive effects in the mortgage loan market, was followed by a deep slump in the form of global financial crisis unleashed by speculations in the real estate market in the U.S. The main aim of the work is based on the development of mortgage interest rates and the significant factors that affect their amount - to verify or disprove the hypothesis that interest rates respond to changes of these factors. The results confirm the hypothesis only in certain areas. The influence of changes of interest rates has been proven in the case of inflation and discount rates by usage of the econometric model. Factors that have not shown a significant direct influence of interest rates may have an indirect influence on their change.
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Mortgage Market in the Czech Republic
Čurdová, Šárka ; Maier, Tomáš (advisor) ; Jan, Jan (referee)
Diploma thesis with the theme "Mortgage market in Czech Republic" has its objective in characterizing and analyzing the development of mortgage market from its beginning to the present situation. There is described the history and common characteristic of mortgage banking in the first part. There are also stated all related legal standards.
There is described further procedure and particular phases which has to be completed by each mortgage loan applicant in the next chapter. Next chapter is focused on description of mortgage loan drawdown and its repayment. In the end of this chapter there is comparison of interest rate development and the mortgage loan volume according to the fixture time. Concurrently there is analyzed influence of interest rate to the volume of mortgage loans.
Last but on chapter analyzes all relevant cost related to a mortgage loan application. Everything coming out from the previous analysis is put into the context with the results of my survey. Based on that the conclusions about impact of costs on number of mortgage loan applicatons are made. Final chapter compares individual bank offers and analyzes all possible factors which impacts final results.
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Mortgage Loans in the Czech Republic
Horáčková, Lucie ; Šrédl, Karel (advisor) ; Hana, Hana (referee)
This diploma thesis is focusing on mortage loans in the teritory of Czech
Republic. Thesis is divided into two parts. In the first oneit brings theoretical recourse
od mortages market in Czech Republic, including history of these loans. It divides
those loans by typology, and defines providers of these servicer. In the practical part,
there is developer analysis of the interest rates of individual banks at mortage market in
Czech Republic. Analysis is made at different parameters of mortage loans. For this
interes rate, there i salso calculated monthly payment. By comparison of each offer
there is a possibility to choose the best offer for every case. For every potencial
consumer is possible to compare profitability of financing own housing by mortage or
by housing by rent.
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Comparison of the mortgage loans of selected banks
Haladová, Martina ; Burian, Stanislav (advisor) ; Miroslava, Miroslava (referee)
The diploma thesis deals with mortgage loans in the introductory part. There is the
definition of a mortgage loan and listed its basic types. The thesis deals also with process
of provision including the most important requirements: creditworthiness of a client,
securing the loan, amount of the loan, the loan agreement, drawing and repayment of the
loan. Further this work is focused on the price of mortgage loan and other related aspects
such as mortgage bonds, state aid or supplementary loan. In the second part of the thesis
there are presented the basic characteristics and the development of the mortgage market in
the Czech republic. This part also contains the analysis of current offer of mortgage
products by selected banks. The comparison is based on the model example and the most
advantageous mortgage loan is evaluated according to selected criteria.
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Analysis of mortagage credits on the market in the Czech Republic
Muselíková, Klára ; Steininger, Michal (advisor) ; Ondřej, Ondřej (referee)
The thesis deals with analysis of Czech mortgage market. Main goal of thesis is to compare the analysed mortgage products according to the most important criterias, followed by recommendation of the most suitable product in model situations. The theoretical part describes the relevant basic concepts, starting by clarifying the basic concepts around mortgage from applicants profiles up to the very process of mortgage acquiring. The results of questionnaires used in the second part of thesis have determined the criterias which are the most important for applicants while choosing the product and also which criterias are essential for other stakeholders - mortgage providers. The relevant questions from questionnaire were then used to define the model situation. The thesis also analyses the mortgage market in years 2000 - 2015, its development of products, interest rates and its share between providers. Specific banking institutions were chosen for comparison purposes - Hypoteční banka, Česká spořitelna, Komerční banka, Raiffeisenbank, UniCredit Bank and Sberbank. From each bank was chosen one product which corresponded to predetermined criterias. The individual products have got their information gathered from banks' pricelists, while individual mortgages were compared using the scoring method of multi-criteria decision analysis. Based on this method, the best product named Hypoteční úvěr Plus by Komerční banka was selected with an average fixed interest rate of 3,6 % p.a., but with very low charges from bank. The best mortgage product within the model situation was Hypotéka na bydlení KLASIK by Raiffeisenbank with fixed interest rate 2,19 % p.a. for 5 years with bank charges 128 832,- CZK at 264 instalments (22 years mortgage).
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Bank loans in the segment of individuals and legal entities
Běhounková, Iva ; Steininger, Michal (advisor) ; Kateřina, Kateřina (referee)
The main objective of this thesis is to evaluate the benefits of bank loans to selected banks in terms of profitability for the client in the segment of ndividuals and legal entities. Diploma thesis in the literature review describes the essence of the banking system in the Czech Republic, the basic concepts associated with the lending activity of banks, types of loans, their classification and rating system for the client's creditworthiness. Marginally they are also described alternative forms of financing. Analytical part contains a selection of specific banking institutions - Česká spořitelna, a.s., Komerční banka, a.s. and Československá obchodní banka, a.s. It also examines the selected products offered to natural and legal persons in terms of profitability for the client and describes their characteristics. Readers also describes the concrete steps of the lending process. Based on the analysis of the product portfolio was selected banking entities in each product group evaluated with the assistance of the points system the best. The analysis shows that the most advantageous credit terms provided by Komerční banka. The only exceptions are overdraft loans to individuals, which provide favorable conditions other banks analyzed and credit cards for individual person, where the best offer Československá obchodní banka,a.s.
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Analysis of financial resources in case of purchase of real estate
Borkovcová, Martina ; Gebeltová, Zdeňka (advisor) ; Jiří, Jiří (referee)
The bachelor thesis deals about analysis of financial resources in case of purchase of real estate for a purpose of housing in Czech Republic. Analysis is performed on clients. The clients represent different income segments of society. The tables are assembled on the basis of information about clients that is entered into the software applications. Representation by tables clearly shows the results from the software applications. Banks with favourable offers of products are analysed in detail. After the deeper analysis the bank with the best conditions for client is recommended. The results of analysis depend on concrete conditions, charges and interest rates at the beginning of year 2016. The resulting interest rates in bachelor thesis are higher than in real life. Individual sales for clients on the grounds of competition at bank branches are an important aspect causing lower interest rates in real life.
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Analysis of the Building Savings Market in the Czech Republic and its prospects
Holec, Jiří ; Prášilová, Marie (advisor) ; Kříž, Josef (referee)
Building savings is a good way of financing citizens housing needs. This thesis deals with a statistical analysis of the building savings market in the Czech Republic. Using elementary characteristics of time series it analyzes the number of new contracts, including an increase in the target amounts since 2000, which shows the impact of legislative changes that have affected the product. In great detail it also analyzes the business results of several building societies in the years 2010-2015, which involves the number of new contracts, including an increase in the target amount, the volume of target amounts, the number and volume of new loans. Based on the behavior of these indicators in recent years a possible development in 2016 is predicted. The conclusion presents suggestions and recommendations for a further development of savings in a building society.
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