According to the announcement, the interest rates and other costs comparison data for 30 banks will be available on the Ingatlan.com website. The report noted that the average house purchase price on the Hungarian real estate market is approximately HUF 12-15 mln and the credit offers by banks can vary from HUF 1 mln to HUF 3 mln.

“People are in a vulnerable position in the real estate market because they do not know the opportunities, therefore they cannot figure out the credit prices,” said Gergely Péter co-founder of BankRáció.hu. BankRáció.hu Kolláth was founded by Bálint Kolláth and Gergely Péter and they will remain the executives of the company.