Private Loan Calculator

Yes — a loan from someone outside the closest family group (tax group I/II) is subject to civil-law transaction tax (PCC) at 0.5% of the loan amount. A PCC-3 declaration must be filed within 14 days.

Loans within the closest family (group I: spouse, children, grandchildren, parents, grandparents, siblings) are exempt from PCC if reported to the tax office on form PCC-2 within 6 months of receiving the funds.

For amounts above 1,000 PLN Polish law requires a documentary form (email, SMS or paper). For amounts above 10,000 PLN a signed written agreement is strongly recommended.

The maximum statutory rate is twice the legal interest rate (currently about 18.5% p.a. in 2024). Clauses exceeding this limit are void by operation of law.

Simple interest: total interest = principal × rate × (months/12). Total repayment = principal + interest. Monthly instalment = total / months. For a lump-sum repayment the full amount is due at maturity.

Key elements: names of parties, amount and currency, disbursement date, interest rate (or zero), repayment schedule, any collateral and consequences of default.

Yes — interest received on a private loan is taxable income for the lender (declared in the annual PIT return). A 0% loan is simpler from a tax standpoint.

The lender may pursue a civil court claim. The limitation period for loan repayment claims is 6 years (3 years if the lender operates a business). The debt may also be reported to credit registers.

No credit scoring, BIK check or bank collateral is required. The rate is negotiated freely (within legal limits). If the lender is not a business, consumer credit law does not apply.

No — the calculator covers only principal and interest repayment. Calculate the 0.5% PCC separately using the PCC calculator on this site.