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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 €)


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 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.


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 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.

Home Insurance

Home insurance guarantees you peace of mind and sense of security. This will help you when there has been an unexpected situation or accident with your home or household property. In the event of an accident, we provide a 24 h home assistance service, which you can rely on when you need fast help because your door lock is not working or there has been a water accident.

Built-in kitchen and bathroom furniturecheck icon
Up to 20 m² ancillary buildings, facilities and heating fuel automatically insured with the building€10,000
Costs of restoring landscaping following an insured event€6000
Storage facility belonging to the apartmentcheck icon
Protection of portable property in the European Union€2000
Household property in storage facility, ancillary buildings of a private house10%
Protection against loss or theft of bank card€1000
Costs of formalisation of documents in the event of their loss€100
Theft of cash at home€300
Medical treatment expenses of a pet (due to an insured event)€300
A deductible is not applied if more than 50% of the building has destroyedcheck icon
A deductible is not applied in the event of glass damagecheck icon
Change of lock without a deductible in the event of loss of keyscheck icon
A deductible is not applied in the event of burglarycheck icon
Fire (incl. fire caused by construction defect)check icon
Explosioncheck icon
Storm, hailcheck icon
Flood caused by storm or downpour V
Damage directly caused by construction workcheck icon
Theft, robbery, vandalismcheck icon
Leakage, breakage, lockage of piping (including caused by construction default)check icon
Other damage, destruction or breakage, which is not excludedcheck icon
Damage caused to interior finishing caused by water leaking through the building’s construction (roof, wall)check icon
Damage caused by movement of ice or snowcheck icon
Protection against electrical and mechanical malfunctionscheck icon
24h home assistancecheck icon
Insurance cover of loan paymentsUp to 3 months
Liability insuranceFrom €10,000
Lease costs of a temporary residenceFrom €3000

The deductible for home insurance is €190.

Insurance cases for which there is no deductible:

  • home assistance cases;
  • if more than 50% of the building has been destroyed;
  • rental cost (e.g. for replacement residential space) or rental income not received;
  • changing of door lock due to lock damage or loss of keys;
  • breakage of building’s or apartment’s glass surfaces (e.g. breakage of balcony glass);
  • in the event of theft, if there are visible signs of breaking in.
  • LHV offers home insurance with very extensive all-risk cover in cooperation with Seesam*. In addition to ordinary covers, you can choose a cover that includes damage caused by construction or repair work. Also, the household property principle “New against old” is used for indemnification.

Additional information is available on Seesam’s website.

  • We offer home insurance to clients who have entered into an LHV home loan or private loan contract or is about to do so.
  • If you would like a home insurance offer, please contact your loan administrator or send your wish to the address kodulaen@lhv.ee.

In the event of a loss event, contact Seesam customer service:

*LHV home insurance is offered by the Estonian branch of Compensa Vienna Insurance Group ADB. The policyholder is LHV Pank AS. Read the terms and conditions, including limitations and exclusions and ask our experts for advice.

Customer support

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

Client managers

Kati Peramets

Home Loan Manager/Team Lead


Inge Maiman

Home Loan Manager


Robert Martin

Home Loan Manager


Maria Mutra

Home Loan Manager


Natalja Shvets

Home Loan Manager


Siiri Raav

Home Loan Manager


Karit Laukus

Home Loan Manager



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