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.

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 €)


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 4.5% + Euribor.

Apartment valuation

We offer valuation for new apartments at an affordable price – 75 €

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 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.

Home Insurance

Home insurance provides peace of mind and a feeling of security. It is of help if an accident has taken place with your home and the contents of your home.
LHV, in cooperation with Compensa*, is offering home insurance with extensive all risk exposure coverage. In addition to the most common types of insurance cover, you can also choose cover for an insured event arising from construction or repair works. Compensa will also compensate household property under the principle of ‘New for Old’. Compensa is the only one in Estonia to cover loan payments for a period of three months, in the event that the insured home has become uninhabitable.

In the case of accidents, our 24 hour a day free home assistance service is available to help. You can count on quick assistance if a door lock is not working or a water accident has occurred.

All riskmandatory
Storm damage
Leak from the piping
Theft, vandalism
Home assistance
Real estate liability insuranceup to € 10,000
Loss of rent/costs of rentalup to € 4000
Damage resulting from construction faults
Civil engineering works
Small buildings up to 20m²up to € 10,000
Home contents carried along in Estoniaup to € 2000
Property stored in an apartment’s storeroom, in the yard of a private residence
Damage caused by ice and snow falling from the roof
Built-in furniture
Interior finishing of the storeroom belonging to the apartment
Theft of cash kept at homeup to € 300
Cost of unauthorised use in the case of the theft of a bank cardup to € 300
Costs of veterinary assistance for a pet following an insured eventup to € 300
Costs of applying for a passport, ID-card, driver’s license in the event of theft
Home contents ‘Old for New’, including telephones, tablets and laptop computers that are up to one year old

Liability for home insurance is € 200
Loss events, in which case there is no liability:

  • home assistance service
  • if more than 50% of the building has been destroyed
  • rent (for example, cost of replacement housing) or lost rental income
  • replacement of door lock in the event of damage to the door lock or the loss of keys
  • shattering of the exterior glass surfaces of the building / apartment, for example, balcony glass

We offer home insurance to a client that has concluded an LHV Home Loan or Private Loan agreement.

If you would like to receive a home insurance offer, please contact your loan administrator or write to
For more information, visit Compensa's website.

In the case of a loss event, please contact Compensa’s customer service:

*LHV Pank acts as the insurance agent of Compensa Vienna Insurance Group, ADB Eesti filiaal (Compensa) and has been entered in the list of insurance intermediaries published on the web page of the Financial Supervision Authority, which can be checked at the address Compensa has granted LHV Pank authorisation to conclude home insurance contracts in Estonia, including acceptance of payments on behalf of Compensa, and also acceptance of notices and applications associated with insurance contracts mediated by the agent.

Compensa is responsible for the mediation activities of the insurance agent, and a complaint can be filed with the Financial Supervision Authority, at the address Sakala 4, 15030 Tallinn, regarding the insurance agent’s activities.

Customer support

Call 699 9111 Mon-Fri 9–17 or write to

Client managers

Kati Peramets

Senior Home Loan Manager

Erik Aunapuu

Home Loan Manager/Team Lead