Lumezzo
Back to overviewMortgages in Lumezzo

One mortgage across several properties. Several mortgages on one.

Portfolio financing rarely maps one loan to one property. Lumezzo keeps the loan and the collateral as separate records, so the numbers hold up when a loan is secured by three flats, when one property carries a second charge, or when a property leaves the pledge on sale.

  • Interest split across properties, not guessed
  • Second charge and top-up on the same property
  • Refix and refinance without losing the history

One mortgage, several properties

One loan can be secured by as many properties as the lender requires, and the facts that are inherently per property are kept per property.

Collateral tracked per property

Every pledged property is its own record on the loan, with the date it entered the pledge and, later, the date the lender released it.

Valuation and lien per unit

The lender's valuation and the cadastral lien — case number, filing date and registration date — are recorded per property, because that is how they are issued.

Payments split by share

Each property carries a share of the loan, valid from a given date. Interest and principal from every instalment are attributed by that share, so per-property costs are calculated rather than estimated.

Several mortgages on one property

A single property can secure any number of loans at the same time, each with its own terms.

Second charges and top-ups

The original purchase mortgage, a later top-up and a second charge live side by side on the same property instead of being merged into one approximate loan.

Separate schedule for each loan

Every loan keeps its own lender, rate, fixed period, payment day and repayment schedule, including interest-only stubs and year-end adjustments.

One combined view per property

The property shows what every loan secured on it costs together: this month's instalments, the interest for the year and the remaining principal.

When the arrangement changes

A loan outlives the arrangement it started with. Each change is recorded as a change, not as a new unrelated loan.

Releasing a property re-proportions the rest

When the lender releases one property from the lien — typically against an extraordinary repayment when it is sold — the remaining shares are recalculated from that date. Earlier years keep the split they were filed with.

Refixation keeps the loan intact

A new fixed period is a new term on the same loan, with its own rate, length and payment day. Payments, extra repayments and interest totals stay in one place across every refixation.

Refinancing and consolidation stay connected

A loan that repays another records the link between them. Consolidating several loans into one keeps each predecessor and its payment history reachable from the loan that replaced it.

What the split feeds

The split is not a label. It is the number the rest of the app calculates with.

Interest ready for the tax return

Interest is apportioned per property and per year, which is what the rental income attachment and the mortgage interest deduction need.

Yield after financing

Per-property yield and profitability use the share of the instalment that property actually carries, not the whole loan and not a guess.

Cashflow that includes every loan

Scheduled instalments across every loan feed the 12-month cashflow outlook, so an extra repayment or an upcoming refixation is visible before it happens.

Instalments matched from the bank

One bank transfer that pays a loan secured by several properties is matched once and attributed behind the scenes.

Questions this usually raises

How is one loan split between several properties?

Each pledged property carries a share of the loan, and the shares in effect at any moment add up to 100 %. Every instalment is attributed by that share, so interest and principal land on the right property.

What happens when I sell one of the pledged properties?

Record the release date on that property's collateral. The remaining properties are re-proportioned from that date onwards, and closed years keep the split that applied when they were filed.

Does refinancing lose the history of the old loan?

No. The repaid loan keeps its payments and records a link to the loan that replaced it. A consolidation that replaces several loans with one keeps every predecessor reachable, so each year's interest stays correct.

Can a mortgage be in a currency other than CZK?

Yes. Interest on a loan in another currency is converted to CZK for the income tax return, and the rate, its date and the converted amount are stored on each payment.

Set your mortgages up once

Add your loans, pledge the properties that secure them and let the split, the fixed periods and the interest totals be maintained for you.