Private loan
LHV private loan can be used to finance activities that are important to you
- Buying or renovating property
- Furnishing your home
- Financing larger expenses
- Investing against the collateral of real estate
- Premature repayment of the loan is free of charge
How is the loan amount determined?
The desired loan amount is, for example, 30,000 € to renovate an existing house, to which no mortgage has been set for the benefit of another bank. The market value of the house is 100,000 €. According to the bank’s assessment, the acceptance level of the collateral is 60%. This means that the bank is willing to issue a loan in the sum of up to 60,000 € against this collateral.
In addition to the collateral, the loan amount depends on the solvency of the client and their credit history.
Private loan for summer house purchase
- Financing for up to 70% of summer house value
- Payment schedule up to 30 years
- Interest from 4.1% + euribor
Calculate the monthly payment
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.
Price list and terms and conditions
| Loan amount | Starting from 30,000 € a maximum of 70% of the market value of the collateral. The acceptance of the collateral and its percentage rate depends on the location and condition of the collateral. The maximum loan amount also depends on the client’s solvency and credit history. |
| Contract fee | 1% of the loan amount (minimum 300 €) |
| Period | Agreement up to 10 years, payment schedule up to 30 years. The client can optimise their loan payments with a bullet schedule, where the payment amount is accounted on the basis of the 30-year payment schedule, while the term of the loan agreement is up to 10 years. The last monthly payment of the tenth year is the sum of all the unpaid principal payments, i.e. the bullet. When ten years have passed, the client’s agreement and loan terms and conditions are reviewed and usually a new agreement is made for the outstanding loan balance for another ten-year period. |
| Collateral | Real estate or deposit. A private loan can be secured against the applicant’s property (e.g. an apartment or a detached house) that has not been encumbered with loan obligations before other banks. Property located in Tallinn, Tartu or their immediate vicinity is preferred. The property that is used as a collateral for the loan must be insured for the whole loan period. A loan can also be secured with deposits. In special cases we also accept the guarantee of a private person as the security. |
| Interest | From 4.5% + euribor. |
| Apartment valuation | We offer valuation for new apartments at an affordable price – 75 € |
| Applicant requirements |
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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.
Always think through your loan decision carefully. Review the terms and conditions at lhv.ee/eralaen and ask for advice from our specialist. The annual percentage rate of charge for a private loan is 4.297% on the following sample conditions: loan amount of 30,000 €; self-financing of 30%; interest rate of 4% per year (floating, based on six months’ euribor); agreement fee of 300 €; period of 120 months; with 36,419 € as the sum of repayments; and the total amount paid back being 36,719 €, with payment in the form of monthly annuity payments. An insurance contract needs to be concluded for the collateral in order to receive the loan. The rate does not include the expenses related to establishing and insuring the collateral.
Download LHV mobile app to
- apply for a private loan
- view your loan balance and next payments information
- view your payment schedule
Home Insurance
Insurance with the widest protection gives you peace of mind and a sense of security in your new home.
LHV home insurance protects your home and items that are in your home or with you anywhere in the world on a total risk basis.
Packages | Super Home | Mega Home | Green Home |
All-risks |  | | |
Quality items damaged due to a construction error | | | |
Home assistance for emergencies | | | |
Rain and snow water | | | |
Damage caused by snow or ice on the roof | | | |
Faults of home appliances and equipment servicing the building | | | |
Green insurance | | |
Liability insurance | Choose an addition |
Liability insurance in Estonia | |
Liability insurance abroad | |
Pet owner’s liability insurance | |
Lessee’s liability insurance | |
In the event of a loss event
- call +372 680 1122 (24 hours a day, 7 days a week)
- file a notice of loss
- write to kahjud@lhv.ee
LHV Pank acts as the insurance agent of AS LHV Kindlustus and is entered in the list of insurance intermediaries published on the website of the Financial Supervision Authority.
Customer support
Call 699 9111 Mon-Fri 9–17 or write to eralaen@lhv.ee
Client managers
Documents and additional information
LHV Home Repair Loan
