Loan Agreement Amendment

A grace period is a paid agreement amendment with a service fee of 25 euros. During the grace period, principal payments are suspended, but monthly interest, management fees, and, if applicable, insurance premiums must still be paid.

If desired, it is possible to extend the agreement period by the grace period, so that the instalments after the grace period remain the same as before the grace period. However, it is only possible to extend the period if your agreement has not already been concluded for the maximum period.

If extending the period is not possible or you do not wish to do so, it is important to note that your monthly payments will increase after the payment grace period.

If you are experiencing solvency problems due to job loss, temporary or long-term incapacity for work, you may be able to get help from insurance if you have loan insurance. You can check whether you have insurance in your loan agreement.

For a partial repayment in a larger amount, transfer the desired amount to account No. EE707700771001062897 of AS LHV Finance using your usual bank details. Add the agreement number as a reference number. Then submit the change request below tous.

Partial repayment of the loan reduces the monthly instalment of your agreement. If you want your instalments to remain at the same level and the agreement period to be shortened, please let us know about your wish to change the period under further information. Shortening the period is a paid service, which costs 25 euros.

The agreement period can be shortened or extended. Amending the period is a paid service, which costs 25 euros. The period can be extended up to the maximum allowed period, which depends on the loan amount and the product.

If the period is shortened, the monthly instalment will increase, which is why we need to assess whether your income and existing obligations allow for a higher monthly payment.

If your goal is to repay the loan faster without increasing your monthly instalment, you can do so without changing the agreement period. In this case, you can make bigger payments, which will count as an advance payment, and let us know later if you want to terminate the agreement earlier on account of the advance payment.

You can choose the following as the payment date of the loan agreement: 5, 10, 15 or 20.

Please note! It is not possible to change the payment date from the current month if an invoice has already been issued or the agreement is in arrears. If you are experiencing solvency problems, please contact us by phone or letter as soon as possible.

The terms and conditions of LHV loan insurance are available on our website. If you would like to consult with us before adding insurance, please feel free to contact us by phone or letter.

Adding loan insurance is free of charge. Removing the insurance is a paid service, which costs 25 euros.

A debt repayment agreement allows you to set up a separate payment schedule tailored to your budget to clear your outstanding debt. You can select a repayment period of 1 to 12 months. This agreement helps prevent further payment difficulties and contract termination.

During this agreement, you will pay two contracts in parallel: your main contract and the debt repayment agreement. If needed, we can also explore options for a payment holiday on your main contract.

If you are facing financial difficulties due to job loss, temporary incapacity, or long-term disability, your loan insurance, if chosen, may help cover the payments. You can check your insurance status in your loan agreement.