Navigate to main page content
Become a customer


A loan may be necessary for a bigger or a smaller dream

Whether buying your own home or a car, financing a long-needed renovation or purchasing a necessary home appliance, taking any larger financial obligation should be well thought-trough and within your family’s means.

Before taking a loan, always consider the following:

  • Do you want or need the thing you are taking a loan for?
  • How much can the monthly payment be to enable you a comfortable life?
  • What are your other financial obligations (loans, leases, sureties, invoices, dependant persons)?

Buying a home is one of the first big financial decisions for many people. Before making any long-term loan obligations, it is important to consider the following.

To get a home loan, you need a stable income allowing you to pay monthly loan payments as well as cover all other costs (utilities, food and transportation, entertainment, etc.).

  • Is your income sufficient to cover other costs besides your obligations?
  • Do you have self-financing or can you make use of additional collaterals (e.g. KredEx surety)?
  • Are you taking the loan alone or with a partner and how will you divide the obligations within your family?
  • Are you prepared for the worst-case scenario (one of the partners loses their job or their income decreases temporarily, you break up, etc.)?

Steps to a successful home purchase

Use a calculator to find the maximum amount you can loan. If you don’t have self-financing, you first need to find possibilities to save for it. Read on how to start saving. Once you have chosen a specific property, have a look at its documentation, as the broker additional questions and only then submit a loan application to a bank. Sometimes people make the decision to buy a home too fast and based on emotions. To be a smart buyer, consider all your options! Be prepared for the bank to ask uncomfortable questions. Don’t be afraid, just be honest. The loan amount will be transferred to your account and then to the seller of the property.

Get practical and valuable tips on saving from the financial wisdom Facebook group #Kogumispäevik and Instagram account @Kogumispäevik.

A lease will be helpful when you are short of money for buying a vehicle.

First use the calculator to identify the amount you can afford given your current incomes and obligations. Make sure you have the funds for the down payment.

Ask for offers from multiple financers to compare lease conditions and find the best solutions. The easiest option is to contact your home bank to get a primary estimated leasing offer and an overview of additional costs.

More on leasing

Leasing a car: 6 things to consider

When purchasing a car from a private person, you will become the owner of the car after the leasing period expires as you are paying the total cost of the car as a hire-purchase during the payment period. However, if the vehicle is sold by a company, you can choose between an operating and a financial lease.

  • An operating lease is best for those wishing to choose a new car every couple of years. This way you will pay monthly for using the car and can exchange it for a new one at the end of the period.
  • A financial lease is good for those wanting to own the car. This allows you to buy the car at a residual value at the end of the leasing period. However, you need to save the amount of the residual value during the leasing period.

The best option for avoiding financial difficulties is to constantly monitor your incomes and expenses.

Unfortunately, even with our best efforts it is not possible to foresee every situation; it may happen that our salary decreases and we are unable to fulfil our obligations.

If you feel like you are unable to manage your obligations, contact the bank in advance to find a solution. Avoiding late loan payments is in your interest as it is cheaper (agreement fees, processing fees, bailiff fees, etc. will be added later) and your payment history won’t include a dept, making it more difficult to get loans in the future.

You can talk to your bank about:

  • Changing the payment date
  • Using a grace period
  • Extending the loan period
  • Refinancing the loan

Don’t try to solve payment difficulties with an express loan or another loan! This will only make the situation worse.

  • Let the people close to you know about any financial difficulties.
  • Contact a dept counsellor to solve your payment difficulties.
  • Learn about social benefits and services.
  • If needed, apply for free legal assistance.
Swedbank logo

Internet Exploreriga ei saa internetipanka avada.

Palun kasuta Google Chrome’i, Mozilla Firefoxi või Microsoft Edge’i.

Alates 23. märtsist ei ole võimalik Internet Exploreri veebibrauseri kaudu Swedbanki internetipanka avada.

Internet Exploreri kaudu ei saa teha ega kinnitada Swedbanki makseid ka teistel veebilehtedel.

Soovitame kasutada Internet Exploreri asemel Google Chrome’i, Mozilla Firefoxi või Microsoft Edge’i uusimat versiooni. Nende seadistamise juhendid leiad siit.

С 23.03.2021 Интернет-банк Swedbank недоступен в браузере Internet Explorer.

С помощью Internet Explorer невозможно авторизоваться или осуществлять платежи через Swedbank на сторонних веб-страницах.

Вместо браузера Internet Explorer мы рекомендуем использовать браузеры Google Chrome, Mozilla Firefox или Microsoft Edge. Инструкции по установке упомянутых браузеров можно найти здесь.

From 23.03.2021 Swedbank Internet Bank and Banklink is no longer available using Internet Explorer browser.

It is not possible to authorize or make payments from Swedbank on other web pages using Internet Explorer.

Instead, we suggest using Google Chrome, Mozilla Firefox or the newest version of Microsoft Edge. To find out how to install the suggested browsers, please click here.

Klienditugi - Инфо и помощь - Customer service: +372 6 310 310

  • Teie operatsioonsüsteem ja veebilehitseja ei ole kaasaegne ega toetatud Swedbank internetipanga poolt. Palun uuendage oma operatsioonsüsteem ja veebilehitseja või pöörduge vastava IT tehnilise spetsialisti poole.
  • The operating system of your device & your browser are too outdated to be supported by Swedbank Internet Bank. Please, update the operating system & browser or turn to IT specialist for technical help.
  • Ваш браузер или операционная система недостаточно современны для использования в интернет банке Swedbank. Пожалуйста обновите операционную систему и браузер или обратитесь за технической помощью к ИТ специалисту.

You have been logged out from Internet bank

For extra security close the browser window. If you wish to continue using Internet bank, please log in again.