Home energy efficiency loan

Examples of the annual percentage rate

Home loan

The initial annual percentage rate is 3,671% on the following (example) conditions:

loan of €145 000;
total floating interest rate 3,551% per annum, incl margin 1,5 % + 6 months' Euribor (as at July 9 2025 the 6-month Euribor rate was 2,051%; the rate set out in your agreement may change every 6 months);
contract fee of €190;
repayment period of 30 years;
number of repayments 360;
the sum of repayments €237 417,39;
the total cost of the credit €92 607,39;
the total sum of the credit €237 607,39 €.

The rate is calculated on the assumption that the amount of credit is being issued immediately and in full and that the basic amount and interest will be repaid as monthly annuity payments. The loan agreement is secured with a mortgage. Upon taking a loan, a home insurance contract must be entered into. The rate does not include costs associated with the establishing or insuring of collateral.

Improve the energy efficiency of your house

The loan is suitable for making your house more energy-efficient – insulating, changing the heating system, or other works!

Loan collateralized by real estate starts from 20 000 €.
For energy efficiency improvements in your private house.

What are your needs?

Net income should be at least 1000 euros, 1300 euros if taking out the loan with a co-applicant or 1500 euros when having 2 or more dependents.

Your current loan liabilities exceed the optimal monthly repayment amount. Mortgage loan is not available to you.

AloneWith a co-borrower

Average net income in the last 6 months.

€

012 or more

I have existing loan obligations (incl. at Swedbank)

€

Small loan, credit card, overdraft, line of credit, study loan and other short-term credits.

€

Maximum loan amount
€

Results are approximate and may differ from conditions offered to you.

Your total monthly payment cannot exceed %PERCENTAGE%% from your monthly incomes. We recommend You decrease calculated loan amount or consider to change loan term.

Loan sum is too small. Minimum sum is 20 000 euros.

€

Down payment starting from 15%.
Down payment starting from 10% with the surety of KredEx.
Down payment may not be needed if you collateralize your own property.

€

Loan

Monthly payment
€

Insure your

Home By insuring your home you will protect yourself from unexpected expenses in connection with your home, home contents or damage caused to third parties. The monthly payment is indicative and the calculation is based on the following data: 50 sq. m. apartment in a concrete building with 15 000 EUR cover for home contents and 15 000 EUR cover for liability insurance.
from €
Life Life insurance helps the family cope with financial difficulties they may face when a family member dies or becomes unable to work. We recommend the life insurance amount that covers at least 36-month income and all loan commitments. The monthly insurance payment is calculated for the person in the age of 35 and the chosen loan amount. The calculation is indicative and may differ from the offer you receive.
about €
Loan payments In case of temporary loss of income due to incapacity for work or unemployment for more than 30 days, the insurance will help you cover your monthly loan payments. The insurance premium is 3% of your monthly loan payment.
from €

See the examples of the annual percentage rate

Loan and Insurance payment calculations are approximate and may differ from your personal offers. Home insurance and loan payments protection insurance is provided by Swedbank P&C insurance AS. Life insurance is provided by Swedbank Life Insurance SE.

For improving of your existing private house (for example, private house, twin house, row house, country house), including works which improve energy efficiency, such as:
- Insulation of all or separate structural elements of the house (walls, floor, ceilings, roof, foundation, etc.).
- Installation of centralized or local ventilation system with recuperation.
- Replacing doors and/ or windows with new/more energy efficient ones.
- Installation of a heating system management tool.
- Other tools which will improve energy savings (e.g. solar panels, LED lighting, etc.).
No need for a down payment as your property is the collateral.

Determine how much you can expect to borrow based on your current salary and financial commitments.
Think through your renovation plans and how much it will cost.

Fill in the application on the Internet Banking site and get a consultation.
Evaluation by an independent valuator of real estate and cost estimation will be needed after consultation.
The bank notifies you of its loan decision.

Sign the loan agreement on the Internet Banking site and set up home insurance or review your insurance covers.
After the notarial transaction, the bank will disburse the loan.

Loan amount from € 20,000.
Loan up to 85% of collateral value.
Loan term up to 30 years.
Net income should be at least 1000 euros, 1300 euros if taking out the loan with a co-applicant or 1500 euros when having 2 or more dependents.

You can choose between two interest rates.

A floating interest rate, where the annual interest rate consists of an individual margin and the 6-month Euribor. The 6-month Euribor changes every 6 months.
A fixed interest rate for the first 5 years, where the annual interest rate consists of the 5-year euro interest rate (euro interest rate swap) and an individual margin. After the end of the fixation period, the annual interest rate changes into the floating interest rate agreed in the loan agreement.

You can find base interest rates here

Additional expenses (notary, real estate valuation, pledge registration fee) and bank fees will apply to your loan.
Loan is repayable on the basis of annuity or amortization schedule within the agreed term by pre-determined monthly payments on your chosen payment date.

Historical base rate

After completing your energy efficiency renovation work, you will need to send photos as proof.
If you fail to use the loan according to its purpose, the bank will have the right to increase the interest rate up to an individually agreed margin.

Fees

Effective as of 01.09.2023

Housing loan and Home equity loan
Agreement fee	1% of the loan amount, no less than 190 € (no less than 400 € when financing construction)
KredEx collateral fee	3 % of the surety amount
Amendment of the agreement	190 €
excl. loan principal repayment holiday	95 €
excl. amendment of the payment date (in branch or in Internet Bank)	free of charge
excl. amendment of the servicing account (in branch or in Internet Bank)	free of charge
Interest rate revision	0,5% of the loan balance, no less than 190 €
Additional loan amount	1% of the loan amount, no less than 190 €
Early repayment fee (including partial repayment)
in a branch Euro interest loans concluded before 2022 In the event of early repayment of a fixed-interest euro loan in the course of the period of fixation of the loan interest rate, an early repayment fee is charged as a difference between the contractual fixed interest rate of the euro and the fixed interest rate of the euro in the period from the early repayment until the end of the interest rate fixation. The early repayment fee is calculated on the respective period as from the date of early repayment until the contractual date of expiry of the fixation. Euro interest loans concluded since July 2022 The early repayment fee is 1% of the loan amount to be repaid if the period between the early repayment and the fixation period repayment date is longer than one year and 0.5% if the period does not exceed one year. More detailed conditions for determining the fee are provided in the loan agreement.	the amount of 3 months' interest (not applied in case of 3 months' advance notice)
in digital channels (not fixed interest rate loans)	the amount of 1 month interest
Fee for processing arrears	3,20 €
Penalty	ECB interest rate + 8% a year (currently 0.031% a day, 11.15% a year) ECB interest rate + 8% a year (currently 0.028% a day, 10.15% a year) The interest rate applicable to the main refinancing operations of the European Central Bank (the ECB interest rate). The ECB interest rate is published in the Ametlikud Teadaanded. The default interest rate may change twice a year (on January 1 and July 1) if the ECB interest rate has changed.

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

documentPre-contractual information for mortgage loans

With the self-service feature, you can:

change free of charge payment date after the monthly payment has been made;
change free of charge payment account;
make early partial repayments.

In other cases (applying for a grace period, prolonging the payment term, change or release of additional collateral), fill in the loan agreement application.

Real Estate Evaluators accepted by Swedbank AS

1Partner Kinnisvara
Area: whole Estonia
Property type: residential and commercial property
www.1partner.ee

Lahe Kinnisvara

Area: whole Estonia
Property type: residential property
www.lahekinnisvara.ee

Arco Vara Kinnisvarabüroo OÜ

Area: whole Estonia
Property type: residential and commercial property
www.arcovara.ee

LVM Kinnisvara Tallinn OÜ

Area: whole Estonia
Property type: residential and commercial property
www.lvm.ee/

Colliers International Advisors OÜ

Area: whole Estonia
Property type: residential and commercial property
www.colliers.ee

Ober-Haus Real Estate Advisors AS

Area: whole Estonia
Property type: residential and commercial property
www.ober-haus.ee

Domus Kinnisvara Vahendus OÜ

Area: whole Estonia
Property type: residential and commercial property
www.domuskinnisvara.ee

Pindi Kinnisvara OÜ

Area: whole Estonia
Property type: residential and commercial property
www.pindi.ee

Eri Kinnisvara OÜ

Area: whole Estonia
Property type: residential and commercial property
www.eri.ee

RE Kinnisvara AS

Area: Harjumaa, Raplamaa
Property type: residential and commercial property
www.re.ee

Kaanon Kinnisvarabüroo OÜ

Area: whole Estonia
Property type: residential and commercial property
www.kaanon.ee

Uus Maa Kinnisvarabüroo OÜ

Area: whole Estonia
Property type: residential and commercial property
www.uusmaa.ee

Kinnisvaraekspert OÜ

Area: whole Estonia
Property type: residential and commercial property
www.kinnisvaraekspert.ee

Home small loan

Now the agreement fee 0 €!

If you are planning to borrow less than €20,000 for home improvements – we recommend taking a look at these loan conditions. Read more

Mortgage loan

Special offer for energy class A assets!

A home loan will be the perfect solution if you need a loan for a new home or construction.

Small loan