Car loan

Examples of the annual percentage rate

Car loan

The annual percentage rate is 11,23% on the following (example) conditions:

loan of €7 500;
fixed interest rate of 9,9%;
contract fee of €112,5;
repayment period of 5 years;
number of repayments 60;
the sum of repayments €9 577,01;
the total cost of the credit €2 189,51;
the total sum of the credit €9 689,51.

The rate is calculated on the assumption that the amount of credit is being issued immediately and in full.
Upon taking a loan, a motor third party liability insurance contract must be entered into.

Want a new and more economical car?

Car loan is an incredibly convenient and fast solution if you are looking for a used car or motorcycle.

No down payment required.
Casco Insurance is not mandatory.
No monthly service fees.
Option for early repayment of loan without any additional fees.

Fill in an application in 2 min

Get personalized offer

Sign the agreement via internet bank

Car loan calculator

Monthly payment:

7 years
0
5 years
0
4 years
0
3 years
0
2 years
0

insurance-monthly-tooltip

Monthly payment:
0 €
Agreement fee
35€
insurance-monthly
0€

Examples of the annual percentage rate

The calculation is approximate and may differ from the terms and conditions offered to you. The interest rate depends on the client’s profile and the chosen vehicle.

Car loan is a convenient solution, if you are looking for a used car, motorcycle or any other type of land vehicle.

Car evaluation is not required.
Casco insurance is optional.
Possibility of early loan repayment without any additional fees.

Fill in the application in the internet bank.
We will inform you about the decision by phone, by e-mail or a text message.
Sign the contract in the internet bank. Money will be transferred to your current account within a matter of minutes.
Congratulations! You will soon be the owner of a new car. Register the car in your name in 30 days.

Note! Do not forget to get yourself a Traffic Insurance. See more

Loan amount from €3,000 to €20,000.
Loan period from 6 months to 7 years.
Annual interest rate start from 7,9%, depending on the loan amount and your credit history. Interest is calculated on the loan balance.

Contract fee 1.5% of the loan amount; minimum €100.
Net monthly income at least €650, with a co-borrower at least €1100.

Note! The vehicle must be registered in the name of the borrower at the Traffic Register Bureau of the Estonian Transport Administration within 30 days, otherwise a Small Loan interest rate 19% will be applied to your loan.

Effective as of 01.09.2023

Car loan
Annual interest rate	starting from 7,90%
Agreement fee	1,5% of the loan amount, no less than 100 €
Amendment of the interest rate	50 €
Other fees	according to small loan price list

documentPre-contractual information of small financing products and leasing

Changes to The Loan Contract

With the self-service feature, you can:

change the payment date;
change the payment account;
make early partial repayments;
request a grace period.

Your car can be a step towards to a more sustainable lifestyle

Did you know that transport is responsible for 30% of the total CO₂ emissions? But car industry is also bringing lots of new possibilities. Eco-friendly cars are not only better for the environment, they also tend to have lower ownership costs.

Choosing electric, hybrid or other low CO₂ emission caris your chance to be more environment friendly. We have special leasing offer for eco-friendly cars.
Carpooling can reduce your environmental footprint by 3-4 times. Start small - give a ride to a colleague and try to do carpooling as often as you can.
Walk, bike or use public transportation when possible. By the way, 30 minutes of fast-paced walk a day is a good workout and a great mood booster.

When buying a new car, bring your attention to the fuel economy and environmental labels – they indicate how much CO₂ emissions your car produces.