How to Help Your Children Now, Not After You're Gone

Do you have adult children who need help getting on the property ladder? You're not alone. Surveys show that helping children with housing finance is one of the most common reasons people over 50 explore property equity release.

The Reality of Czech Housing in 2026

• Average price of a 2+1 apartment in Prague: CZK 4.2 million (~EUR 168,000)
• Required mortgage deposit (20%): CZK 840,000 (~EUR 33,600)
• Average mortgage repayment: CZK 22,000/month (~EUR 880)
• Average graduate salary: CZK 35,000 (~EUR 1,400)

Your children would need to save for a deposit for 24 months -- if they spent nothing else. In practice, that's 5-7 years. Meanwhile, property prices keep rising and mortgages get more expensive.

The Traditional "Solution": Wait for the Inheritance

The conventional wisdom says: the children will inherit the apartment when you pass away. But consider:

• Average life expectancy in the Czech Republic: men 76 years, women 82 years
• If you're 55 today, your children will inherit in 21-27 years
• By then they'll be 50-55 -- and they needed the mortgage deposit at 30

The inheritance arrives too late. Your children need help now -- not in a quarter century.

The Solution: Combined Payout

With HomeGrif, you can choose a combined payout:

• 33% of the property value immediately -- for a CZK 5 million apartment, that's approximately CZK 1,250,000 (~EUR 50,000)
• The rest as a lifetime monthly annuity

You can hand over the lump sum to your children as a mortgage deposit -- right when they need it. And you continue receiving a monthly annuity while living in your home.

A Practical Example

Situation: Marie (58, Prague) owns a mortgage-free 3+1 apartment worth CZK 5.5 million (~EUR 220,000). Her son Tomas (31) and his partner are looking for an apartment and need a deposit.

HomeGrif solution:

1. Marie chooses a combined payout (33% lump sum)
2. She receives approximately CZK 1.4 million (~EUR 56,000) immediately -- gives it to her son for a deposit
3. Plus a monthly annuity of over CZK 4,000 (~EUR 160) -- supplementing her pension
4. Marie stays in the apartment -- lifetime residence right registered in the land registry (katastr nemovitosti)
5. Earlypass protects Tomas for the first 5 years

Result: Tomas has his own apartment at 31, not at 55. Marie has income and a home. Nobody had to move, nobody took on debt.

Heir Protection: Earlypass

What if something happens? The Earlypass programme ensures that:

• First 5 years: heirs can recover up to 50% of HomeGrif's investment
• The property remains in the estate: heirs can sell it or live in it
• After settling the obligation to HomeGrif, the remainder goes to the heirs

It's not "all or nothing." It's a sensible compromise between your life now and your children's future.

It's Not a Loan

An important distinction: HomeGrif is not a loan. When you help your children with money from HomeGrif:

• No debt is created against your property
• No interest accumulates
• You don't have to make any repayments
• You remain the legal occupant with registered rights

Compare that with the alternative -- taking out a consumer loan for CZK 1 million at 8% interest over 10 years means repayments of CZK 12,100/month and total overpayment of CZK 452,000 (~EUR 18,000).

Is This for You?

HomeGrif is a good fit if:

• You own a mortgage-free property worth at least CZK 1.5 million (~EUR 60,000)
• You're 50 or older
• You want to help your children now, not in 25 years
• You don't want to move or take on debt

Try the calculator -- set the combined payout to 33% and see how much you could hand over to your children immediately. No commitment, takes 30 seconds.

Read also: Case Study: Petr and Marie | Earlypass: How We Protect Your Family | Glossary