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Home loan

LHV home loan is the most flexible home loan in Estonia, which is suitable for an informed client acquiring a home

  • Contract fee is 0 euro until 31.12.2020
  • Initial loan offer within 24 hours
  • Premature repayment of the loan is free of charge
  • New apartment valuation report at an affordable price
  • Interest on energy class A homes and apartments: 1.95% + 6 month Euribor

Calculate the monthly payment

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This is an estimate and may differ from the actual terms and conditions offered.

This is an estimate and may differ from the actual terms and conditions offered.

Already have a home loan?

If you have already taken a home loan from LHV or another bank, and want to purchase another property with a loan, then apply for an LHV private Loan.

Grace period for home or private loan

If you need grace leave, please submit an application. It is important that the application for the grace period reaches us before any arrears occur.

KredEx surety

We offer home loan with a KredEx surety. You can familiarise with precise target groups and terms on their website.

Income tax return

Did you know that the state will repay you the income tax accounted on the home loan interest upon filing an income tax return?

Green home loan

Our homes significantly contribute to our ecological footprint. The heating and power consumed at home greatly affect our greenhouse gas emissions. For that reason, we wish to promote the building and buying of the most energy efficient homes.

  • Estonia’s first green home loan
  • Interest on energy class A homes and apartments: 1.95% + 6 month Euribor
Apply for a home loanRead more

Application process

  • Application
    Fill in a home loan application.

  • Initial loan offer
    You will be notified of your initial loan offer within three business days.

  • Documents
    Send the documents requested in the initial offer to kodulaen@lhv.ee.

  • Loan decision and agreement
    The final offer and loan agreement will be emailed to you. Sign the contract digitally and send it back to LHV.

  • Notary
    We will book an appointment at a notary, at a time that suits all the parties, to set the mortgage.

  • Payment
    We will transfer the loan to your account within one working day after visiting the notary.

Terms and conditions and price list

Loan amountFrom 20,000 €, up to 85% of the market value of the collateral.
In the case of the KredEx surety, up to 90% of the market value of the collateral.
The total sum of all loan and leasing payments may be up to 50% of the net income. The actual maximum share of loan payments depends on the income and number of members in the family.
Loan periodUp to 30 years
InterestFrom 2.3% + Euribor
Amendment of the agreementAmendment of the agreement: 100 €
Termination of agreementFree of charge
Agreement fee0.5–0.9% of the loan amount (minimum 300 €)
In the case of the KredEx surety, you need to pay an additional suretyship fee of 3% of the surety amount upon conclusion of the agreement.
Grace periodUp to 12 months.
Self-financingAt least 15% or with an additional collateral.
 In the case of the KredEx surety, at least 10%.
CollateralReal estate that is in good condition and liquid. In general, we accept assets belonging to the loan recipient or their loved ones as security. We finance up to 85% of the market value of collateral. The precise acceptance rate of collateral depends on the location and condition of the collateral. Notarial transactions can be performed in Tallinn, Tartu, Pärnu, Rakvere, Narva, Viljandi, Paide and Kuressaare.
Requirements for an applicant
  • An adult who is an Estonian citizen or holder of a long-term residence permit
  • There have been no payment defaults in the past three years
Required documentsSend to the address kodulaen@lhv.ee:
  • collateral insurance contract
  • valuation report or link to the sales ad for the purchased property
  • digitally signed bank statement for the past 6 months (if you are not an LHV client)
In the case of the KredEx surety, you need to submit additional documents that verify you belong to the target group.

If you belong to the family target group:
  • In the eesti.ee State Portal, please send the notice with your children’s data direct to the kodulaen@lhv.ee e-mail address via the eesti.ee portal.
If you belong to the specialist target group:
  • In the eesti.ee State Portal, please send the notice with your education data direct to the kodulaen@lhv.ee e-mail address via the eesti.ee portal.
If you belong to the target group consisting of Defence Forces or Defence League veterans:
  • Please submit a notice that verifies your veteran status. Veteran status can be verified by a notice issued by the Personnel Support Services Centre of the Support Command of the Estonian Defence Forces.

For further information, see the KredEx website.
Apartment valuationWe offer valuation for new apartments at an affordable price – 75 €
Real estate appraisers1Partner Kinnisvara OÜ, Arco Vara, Colliers International Advisors, Domus Kinnisvara, Kaanon Kinnisvara, Eri Kinnisvara, LVM Kinnisvara, Newsec Valuation EE OÜ, Ober Haus, Pindi Kinnisvara, Tõnisson Kinnisvara, UusMaa Kinnisvarabüroo, RE Kinnisvara, Seven Kinnisvarakonsultandid, Lahe Kinnisvara
Self-financing and interestThe required minimum self-financing is 30% of the construction cost (this can be substituted for with an additional security). In the case of purchasing the land, the minimum required self-financing is 50%. Construction supervision must be employed during construction. Until the submission of the authorisation for use, the loan interest shall be 1% higher.
Required documents
  • Building design documentation
  • Construction calculation and timetable
  • Building permit
  • Information on the builder
  • Valuation report for the house being built, including current market value and future market value

AS LHV Pank does not provide counselling service in the sense of Section 7 of the Creditors and Credit Intermediaries Act in the provision of loans. The loan applicant makes the decision to take out a loan.

The home loan is offered by AS LHV Pank. Always think through your loan decision carefully. Review the terms and conditions at lhv.ee/kodulaen and ask for advice from our specialist. The annual percentage rate of charge for a home loan is 2.503% on the following sample conditions: loan amount of 70,000 €; self-financing of 20%; interest rate of 2.4% per year (floating, based on 6 months’ Euribor); agreement fee of 700 €; period of 360 months; with 98,224 € as the sum and 360 as the number of repayments; and the total amount paid back being 98,924 €, with payment in the form of monthly annuity payments. An insurance contract needs to be concluded and a mortgage set for the collateral in order to receive the loan. The rate does not include the expenses related to establishing and insuring the collateral.

Home Insurance

Home insurance guarantees you peace of mind and sense of security. This will help you when there has been an unexpected situation or accident with your home or household property. In the event of an accident, we provide a 24 h home assistance service, which you can rely on when you need fast help because your door lock is not working or there has been a water accident.

INSURANCE PROTECTIONEXTENDED ALL RISK
Built-in kitchen and bathroom furniturecheck icon
Up to 20 m² ancillary buildings, facilities and heating fuel automatically insured with the building€10,000
Costs of restoring landscaping following an insured event€6000
Storage facility belonging to the apartmentcheck icon
Protection of portable property in the European Union€2000
Household property in storage facility, ancillary buildings of a private house10%
Protection against loss or theft of bank card€1000
Costs of formalisation of documents in the event of their loss€100
Theft of cash at home€300
Medical treatment expenses of a pet (due to an insured event)€300
A deductible is not applied if more than 50% of the building has destroyedcheck icon
A deductible is not applied in the event of glass damagecheck icon
Change of lock without a deductible in the event of loss of keyscheck icon
A deductible is not applied in the event of burglarycheck icon
Fire (incl. fire caused by construction defect)check icon
Explosioncheck icon
Storm, hailcheck icon
Flood caused by storm or downpour V
Damage directly caused by construction workcheck icon
Theft, robbery, vandalismcheck icon
Leakage, breakage, lockage of piping (including caused by construction default)check icon
Other damage, destruction or breakage, which is not excludedcheck icon
Damage caused to interior finishing caused by water leaking through the building’s construction (roof, wall)check icon
Damage caused by movement of ice or snowcheck icon
Protection against electrical and mechanical malfunctionscheck icon
24h home assistancecheck icon
Insurance cover of loan paymentsUp to 3 months
Liability insuranceFrom €10,000
Lease costs of a temporary residenceFrom €3000

The deductible for home insurance is €190.

Insurance cases for which there is no deductible:

  • home assistance cases;
  • if more than 50% of the building has been destroyed;
  • rental cost (e.g. for replacement residential space) or rental income not received;
  • changing of door lock due to lock damage or loss of keys;
  • breakage of building’s or apartment’s glass surfaces (e.g. breakage of balcony glass);
  • in the event of theft, if there are visible signs of breaking in.
  • LHV offers home insurance with very extensive all-risk cover in cooperation with Seesam*. In addition to ordinary covers, you can choose a cover that includes damage caused by construction or repair work. Also, the household property principle “New against old” is used for indemnification.

Additional information is available on Seesam’s website.

  • We offer home insurance to clients who have entered into an LHV home loan or private loan contract or is about to do so.
  • If you would like a home insurance offer, please contact your loan administrator or send your wish to the address kodulaen@lhv.ee.

In the event of a loss event, contact Seesam customer service:

*LHV home insurance is offered by the Estonian branch of Compensa Vienna Insurance Group ADB. The policyholder is LHV Pank AS. Read the terms and conditions, including limitations and exclusions and ask our experts for advice.

Download LHV mobile app to

apply for a home loan

view your loan balance and next payments information

view your payment schedule

Customer support

Call 699 9111 Mon-Fri 9-17 or write to kodulaen@lhv.ee

Client managers

Kati Peramets

Senior Home Loan Manager

kati.peramets@lhv.ee

Inge Maiman

Home Loan Manager

inge.maiman@lhv.ee

Elisa Metsaviir

Home Loan Manager

elisa.metsaviir@lhv.ee

Robert Martin

Home Loan Manager

robert.martin@lhv.ee

Maria Mutra

Home Loan Manager

maria.mutra@lhv.ee

Natalja Shvets

Home Loan Manager

natalja.shvets@lhv.ee

LHV home furnishing loan