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Who does it?

LHV Home Repair Loan is looking for private persons and communities who are looking to renovate public objects and find a new use for those. Next year, LHV’s support fund will be EUR 20,000. We await the submission of applications until 30 April 2021.
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To create a cosy home

A Home Repair Loan can be used to fix up your home or summer house. It can also be used to purchase real estate, such as an apartment, summer cottage or even a plot of land.

  • The contract fee is 0 €

  • There is no monthly administration fee

  • You will receive a response to your application within a few minutes

  • Money to your account immediately

  • Loan amount up to 20,000 €

  • Interest from 9.9% on the loan balance

  • No collateral required

  • Free premature repayment

You do not need to have an account with LHV to apply for a Home Repair Loan.

Calculate the monthly instalment

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The results are estimated and may differ from the terms and conditions offered to you.

  • Fill in application
    Fill in Home Repair Loan application. There is no charge for submitting an application, and doing so does not obligate you to conclude an agreement. If a statement of account must also be submitted, we will inform you of this separately.

  • Limit offer
    We will calculate your limit, within which you can take a Home Repair Loan in 90 days.

  • Conclude agreement
    You can sign the agreement in self-service environment. If you cannot sign it digitally, please visit our partner Euronics store. There, you can sign a printed contract.

  • Money to your account
    Within a few minutes, the loan amount minus the agreement fee will arrive in your bank account.

Loan sum

Up to 20,000 €

Interest

Annual interest from 9.9% on loan balance. LHV calculates the interest on the outstanding loan balance, not the whole loan sum. This means that interest payments decrease each month, as your loan balance decreases.

Contract fee

1% of loan sum, at least 29.90 €

Time of repayment

6 months to 6 years

Amendment of agreement

If you need to, you can take a grace period or change the date or amount of the monthly payment. The fee for amending the agreement is 10 €. To amend the agreement, please write to finance@lhv.ee.

Early repayment

Early repayment of the entire credit sum is free of charge.

Repayment

Monthly payments are to be paid to the account EE707700771001062897; beneficiary: AS LHV Finance: reference number: your agreement number.

The Home Repair Loan is offered by AS LHV Finance. Take a look at the terms and conditions at lhv.ee/en/home-repair-loan and consult with a specialist. Annual percentage rate of charge is 17.64% on the following sample terms and conditions: loan sum 6000 €, annual interest rate of 15.9% on the outstanding balance (fixed), agreement fee 60 €, repayment period of 60 months, with monthly annuity payments, in the total sum of 8798.05 € and the sum of repayments of 8738.05 €.

Loan insurance is offered by ERGO Insurance SE. Review the terms and conditions of insurance, along with the limitations and exemptions, and ask for advice from our specialist. Annual percentage rate of charge of a consumer loan with insurance is 21.84% on the following sample terms and conditions: loan sum 6000 €, annual interest rate of 15.9% on the outstanding balance (fixed), agreement fee 60 €, repayment period of 60 months, with monthly annuity payments, in the total sum of 9491.97 € and the total sum of monthly payments being 9431.97 €.

Loan insurance

You can make your loan more secure by adding loan insurance to your agreement. LHV Finance together with ERGO Kindlustus will ensure that you will not find yourself in trouble with instalments in the case of unforeseen circumstances. Read the terms and conditions of the loan insurance.

  • Unemployment, i.e. the termination of an employment contract or civil service contract by the employer for a reason beyond the insured person’s control.
  • Temporary incapacity for work, i.e. a certificate of incapacity for work valid for over 30 days.
  • Permanent incapacity for work, i.e. a certificate of incapacity for work valid for over 30 days.
  • Death, i.e. any loan liability does not have to be met by the heirs.

The insurance coverage commences from the day of the first consumer loan instalment. Insurance coverage in case of unemployment begins two months after the insurance has started.

In case of an insured event, notify the client support of LHV Finance as soon as possible. Client support will notify the loss adjuster, who will contact you with further instructions.

The insurance fee is 8% of your monthly consumer loan instalment. If you choose to sign loan contract in amount of 500 €, only 2 € will be added to your monthly instalment.

Customer support

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