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
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.

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


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.


Real estate, securities 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 securities or deposits. In special cases we also accept the guarantee of a private person as the security.


From 3.9% + Euribor.

Applicant requirements
  • An adult who is an Estonian citizen or has a long-term residence permit.

  • It is also possible to apply for a private loan with a guarantor applicant. A guarantee is only accepted as an additional security. This means that we issue private loans only against the security of real estate, deposits or securities, but may also request a guarantee from a private person when necessary.
  • Before making the loan decision, the bank conducts a credit analysis on the applicant, assessing, among other things, their credit history, creditworthiness and the suitability of the collateral.

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 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 EUR 30,000; self-financing of 30%; interest rate of 4% per year (floating, based on six months’ Euribor); agreement fee of EUR 300; period of 120 months; with EUR 36,419 as the sum of repayments; and the total amount paid back being EUR 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.


Kati Peramets

Private Loan Client Manager

684 6148

684 6148

Katrin Elias

Private Loan Client Manager

680 2652

680 2652