Kdy naopak splacen\u00ed d\u00e1v\u00e1 smysl<\/b><\/p>\n
Nejsem tu od toho, abych v\u00e1s tla\u010dil do investic za ka\u017edou cenu. Splacen\u00ed hypot\u00e9ky je rozumn\u00e1 volba, pokud:<\/p>\n
- \n
- m\u00e1te vysokou sazbu<\/b>, \u0159ekn\u011bme sedm procent a v\u00edc, kdy se la\u0165ka pro investici v\u00fdrazn\u011b zved\u00e1,<\/li>\n
- budete pen\u00edze brzy pot\u0159ebovat<\/b> a nem\u00e1te roky na to, nechat investici vyzr\u00e1t,<\/li>\n
- v\u00e1m dluh bere sp\u00e1nek<\/b> a klid v hlav\u011b m\u00e1 pro v\u00e1s v\u011bt\u0161\u00ed hodnotu ne\u017e p\u00e1r procent nav\u00edc. To je naprosto legitimn\u00ed a nikdo by v\u00e1m to nem\u011bl rozmlouvat.<\/li>\n<\/ul>\n
Investice nav\u00edc nen\u00ed bez rizika. Trhy kol\u00edsaj\u00ed a v n\u011bkter\u00fdch letech p\u016fjdou i v\u00fdrazn\u011b dol\u016f, proto pot\u0159ebuj\u00ed \u010das a chladnou hlavu. Pr\u00e1v\u011b proto se vyplat\u00ed m\u00edt u sebe n\u011bkoho, kdo v\u00e1m pom\u016f\u017ee poskl\u00e1dat portfolio a udr\u017eet nervy na uzd\u011b.<\/p>\n
Modelov\u00e1 situace: milion korun a patn\u00e1ct let<\/b><\/p>\n
M\u00e1te milion korun a hypot\u00e9ku se sazbou 5,4 procenta.<\/p>\n
Kdy\u017e milion po\u0161lete na mimo\u0159\u00e1dnou spl\u00e1tku<\/b>, u\u0161et\u0159\u00edte hned v prvn\u00edm roce zhruba 54 000 korun na \u00faroc\u00edch a \u00faspora se d\u00e1l s\u010d\u00edt\u00e1 s t\u00edm, jak dluh rychleji kles\u00e1. Jist\u011b a bez rizika.<\/p>\n
Kdy\u017e ho m\u00edsto toho dlouhodob\u011b investujete<\/b> s o\u010dek\u00e1van\u00fdm v\u00fdnosem kolem sedmi procent a hypot\u00e9ku d\u00e1l v klidu spl\u00e1c\u00edte z b\u011b\u017en\u00e9ho p\u0159\u00edjmu, m\u016f\u017ee se z n\u011bj za patn\u00e1ct let st\u00e1t zhruba 2,76 milionu korun<\/b>.<\/p>\n
Jen\u017ee \u00faspora z mimo\u0159\u00e1dn\u00e9 spl\u00e1tky je jen tak vysok\u00e1, jak vysok\u00e1 je va\u0161e sazba. A ta se m\u011bn\u00ed s ka\u017edou fixac\u00ed. Je m\u00e1lo pravd\u011bpodobn\u00e9, \u017ee byste cel\u00fdch patn\u00e1ct let platili 5,4 procenta.<\/p>\n
Pokud by sazba z\u016fstala celou dobu na 5,4 procenta<\/b>, m\u011bla by pro v\u00e1s mimo\u0159\u00e1dn\u00e1 spl\u00e1tka za patn\u00e1ct let hodnotu zhruba 2,2 milionu korun. Investice by v\u00e1s tak oproti splacen\u00ed posunula o zhruba 560 tis\u00edc korun<\/b> d\u00e1l.<\/p>\n
Pokud by ale sazba po p\u011bti letech p\u0159i nov\u00e9 fixaci klesla na 3 procenta<\/b>, mimo\u0159\u00e1dn\u00e1 spl\u00e1tka by v\u00e1m od t\u00e9 chv\u00edle \u201evyd\u011bl\u00e1vala\u201c u\u017e jen tato 3 procenta. Za patn\u00e1ct let by m\u011bla hodnotu zhruba 1,75 milionu korun, zat\u00edmco investice by d\u00e1l pracovala stejn\u00fdm tempem. Rozd\u00edl ve prosp\u011bch investice by tak vyrostl na zhruba milion korun<\/b>. Pro mnoho lid\u00ed je to \u010d\u00e1stka, kterou si vyd\u011blaj\u00ed za dva roky pr\u00e1ce, a tady by ji za n\u011b odpracovaly jejich pen\u00edze.<\/p>\n
\u010c\u00edm ni\u017e\u0161\u00ed sazba v budoucnu, t\u00edm dra\u017e\u0161\u00ed je rozhodnut\u00ed splatit v\u0161echno hned.<\/b> Plat\u00ed to ale i obr\u00e1cen\u011b: pokud by sazby vzrostly, splacen\u00ed by vy\u0161lo l\u00e9pe. A investice sv\u016fj v\u00fdsledek nezaru\u010duje, v hor\u0161\u00edm sc\u00e9n\u00e1\u0159i m\u016f\u017ee skon\u010dit i pod splacen\u00edm hypot\u00e9ky.<\/p>\n
\u010c\u00edsla jsou ilustrativn\u00ed, v\u00fdnos investice nen\u00ed zaru\u010den\u00fd a konkr\u00e9tn\u00ed volba v\u017edy z\u00e1vis\u00ed na va\u0161\u00ed sazb\u011b, horizontu a vztahu k riziku.<\/i><\/i><\/p>\n
Ne\u017e ud\u011bl\u00e1te cokoli: nejd\u0159\u00edv rezerva<\/b><\/p>\n
Jedna podm\u00ednka plat\u00ed pro ob\u011b cesty. Nikdy ned\u00e1vejte posledn\u00ed pen\u00edze ani do dluhu, ani do investice. Nejd\u0159\u00edv si nechte finan\u010dn\u00ed pol\u0161t\u00e1\u0159 ve v\u00fd\u0161i t\u0159\u00ed a\u017e \u0161esti m\u011bs\u00ed\u010dn\u00edch v\u00fddaj\u016f<\/b>, ide\u00e1ln\u011b cel\u00fdch m\u011bs\u00ed\u010dn\u00edch p\u0159\u00edjm\u016f. Teprve o zbytku se tady bav\u00edme.<\/p>\n
T\u0159i ot\u00e1zky, ne\u017e pen\u00edze po\u0161lete do banky<\/b><\/p>\n
- \n
- Co by dok\u00e1zaly, kdyby pracovaly?<\/b> Nechte si spo\u010d\u00edtat ob\u011b varianty d\u0159\u00edv, ne\u017e pen\u00edze po\u0161lete na mimo\u0159\u00e1dnou spl\u00e1tku.<\/li>\n
- Jak\u00e1 je va\u0161e sazba a v\u00e1\u0161 horizont?<\/b> Porovnejte sazbu hypot\u00e9ky s o\u010dek\u00e1van\u00fdm v\u00fdnosem investice. \u010c\u00edm del\u0161\u00ed horizont, t\u00edm v\u00edc mluv\u00ed ve prosp\u011bch investice.<\/li>\n
- Mus\u00ed to b\u00fdt v\u0161echno, nebo nic?<\/b> Nemus\u00ed. \u010casto je nejlep\u0161\u00ed cestou pen\u00edze rozd\u011blit: men\u0161\u00ed \u010d\u00e1st na klid, v\u011bt\u0161\u00ed na r\u016fst.<\/li>\n<\/ol>\n
Splacen\u00fd dluh u\u0161et\u0159\u00ed, investovan\u00e9 pen\u00edze rostou<\/b><\/p>\n
Pamatujte si jednu v\u011btu: splacen\u00e1 koruna u\u0161et\u0159\u00ed \u00farok, investovan\u00e1 koruna m\u016f\u017ee vyd\u011blat \u00farok z \u00faroku.<\/b> Oboj\u00ed m\u00e1 sv\u00e9 m\u00edsto, jde jen o spr\u00e1vn\u00fd pom\u011br.<\/p>\n
Tohle rozhodnut\u00ed m\u016f\u017ee z\u00e1sadn\u011b ovlivnit, jak\u00fd majetek budete m\u00edt za deset nebo dvacet let. R\u00e1d v\u00e1m postav\u00edm ob\u011b varianty vedle sebe s re\u00e1ln\u00fdmi \u010d\u00edsly, spo\u010d\u00edt\u00e1m \u00fasporu na hypot\u00e9ce i realistick\u00fd v\u00fdhled investice a pom\u016f\u017eu naj\u00edt pom\u011br, kter\u00fd d\u00e1v\u00e1 smysl pr\u00e1v\u011b v\u00e1m.<\/p>\n
Napi\u0161te mi p\u0159es jiri-kovar.cz<\/b> nebo mi rovnou zavolejte, ide\u00e1ln\u011b d\u0159\u00edv, ne\u017e pen\u00edze ode\u0161lete do banky. Mimo\u0159\u00e1dnou spl\u00e1tku nevr\u00e1t\u00edte, rozhodnut\u00ed o n\u00ed ano.<\/p>\n
![\"\"](\"https:\/\/www.jiri-kovar.cz\/wp-content\/uploads\/2026\/10\/autor-clanku-300x67.png\")
[\/vc_column_text][vc_column_text]Tento \u010dl\u00e1nek vznikl s c\u00edlem srozumiteln\u011b p\u0159ibl\u00ed\u017eit t\u00e9ma financ\u00ed. P\u0159i jeho p\u0159\u00edprav\u011b jsem vyu\u017eil n\u00e1stroje um\u011bl\u00e9 inteligence. Obsah jsem osobn\u011b zkontroloval, doplnil o zku\u0161enosti z praxe a ru\u010d\u00edm za jeho odbornou spr\u00e1vnost.<\/em>[\/vc_column_text][\/vc_column][\/vc_row]\n","protected":false},"excerpt":{"rendered":"[vc_row type=“in_container“ full_screen_row_position=“middle“ column_margin=“default“ scene_position=“center“ text_color=“dark“ text_align=“left“ overlay_strength=“0.3″ shape_divider_position=“bottom“ bg_image_animation=“none“][vc_column column_padding=“no-extra-padding“ column_padding_position=“all“ background_color_opacity=“1″ background_hover_color_opacity=“1″ column_link_target=“_self“ column_shadow=“none“ column_border_radius=“none“ width=“1\/1″ tablet_width_inherit=“default“ tablet_text_alignment=“default“ phone_text_alignment=“default“ overlay_strength=“0.3″ column_border_width=“none“ column_border_style=“solid“ bg_image_animation=“none“][vc_column_text] P\u0159i\u0161ly v\u00e1m pen\u00edze nav\u00edc. Splatit…<\/p>\n","protected":false},"author":1,"featured_media":1798,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[11,8],"tags":[],"class_list":{"0":"post-1791","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-investice","8":"category-uvery"},"_links":{"self":[{"href":"https:\/\/www.jiri-kovar.cz\/index.php\/wp-json\/wp\/v2\/posts\/1791"}],"collection":[{"href":"https:\/\/www.jiri-kovar.cz\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jiri-kovar.cz\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jiri-kovar.cz\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jiri-kovar.cz\/index.php\/wp-json\/wp\/v2\/comments?post=1791"}],"version-history":[{"count":6,"href":"https:\/\/www.jiri-kovar.cz\/index.php\/wp-json\/wp\/v2\/posts\/1791\/revisions"}],"predecessor-version":[{"id":1799,"href":"https:\/\/www.jiri-kovar.cz\/index.php\/wp-json\/wp\/v2\/posts\/1791\/revisions\/1799"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.jiri-kovar.cz\/index.php\/wp-json\/wp\/v2\/media\/1798"}],"wp:attachment":[{"href":"https:\/\/www.jiri-kovar.cz\/index.php\/wp-json\/wp\/v2\/media?parent=1791"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jiri-kovar.cz\/index.php\/wp-json\/wp\/v2\/categories?post=1791"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jiri-kovar.cz\/index.php\/wp-json\/wp\/v2\/tags?post=1791"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
- Jak\u00e1 je va\u0161e sazba a v\u00e1\u0161 horizont?<\/b> Porovnejte sazbu hypot\u00e9ky s o\u010dek\u00e1van\u00fdm v\u00fdnosem investice. \u010c\u00edm del\u0161\u00ed horizont, t\u00edm v\u00edc mluv\u00ed ve prosp\u011bch investice.<\/li>\n
- budete pen\u00edze brzy pot\u0159ebovat<\/b> a nem\u00e1te roky na to, nechat investici vyzr\u00e1t,<\/li>\n