Annual percentage rate

Together we can make your wishes come true.

So life in Estonia could grow.

On this page we've brought together the annual percentage rates for average contracts on all of our loan services. They don't constitute offers – they're simply designed to give you an indication of the costs involved in taking out different types of loans. If you come to us with a specific request, we'll calculate an annual percentage rate based on the terms and conditions of the loan we offer you.

Every loan comes with costs attached. Taking the interest rate, contract fee and other charges into account, we can calculate the annual percentage rate for every loan.

  • Loans

    Here you'll find typical examples of the annual percentage rates for home loan, home equity loan, home small loan, small loan, credit line and student loan.

    Home loan

    The initial annual percentage rate is 2,331% on the following (example) conditions:

    • loan of €72 000;
    • floating interest rate 2.20% per annum + 6 months' Euribor (as at 16.09.2016 the 6-month Euribor rate was -0,201%; the rate set out in your agreement may change every 6 months; negative Euribor equals to zero);
    • contract fee of €720;
    • repayment period of 30 years;
    • number of repayments 360;
    • the sum of repayments €99 563.31;
    • the total cost of the credit €26 843.31;
    • the total sum of the credit €100 283,31.

    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 collaterall.

    Home small loan

    The annual percentage rate is 13,154% on the following (example) conditions:

    • loan of €10 000;
    • fixed interest rate of 12%;
    • contract fee of €100;
    • repayment period of 10 years;
    • number of repayments 120;
    • the sum of repayments €17 169.16;
    • the total cost of the credit €7269,16;
    • the total sum of the credit €17 269.16.

    The rate is calculated on the assumption that the amount of credit is being issued immediately and in full.

    Home equity loan

    The initial annual percentage rate is 4,286% on the following (example) conditions:

    • loan of €29 000;
    • floating interest rate 4% per annum + 6 months' Euribor (as at 16.09.2016 the 6-month Euribor rate was -0,201%; the rate set out in your agreement may change every 6 months; negative Euribor equals to zero);
    • contract fee of €290;
    • repayment period of 15 years;
    • number of repayments 180;
    • the sum of repayments €39 054.80;
    • the total cost of the credit €9 764.80;
    • the total sum of the credit €39 344.80.

    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.

    Small loan

    The annual percentage rate is 22,430% on the following (example) conditions:

    • loan of €1500,
    • fixed interest rate of 19%,
    • contract fee of €35,
    • repayment period of 5 years,
    • number of repayments 60;
    • the sum of repayments €2349.35;
    • the total cost of the credit €884.35;
    • the total sum of the credit €2384.35.

    The rate is calculated on the assumption that the amount of credit is being issued immediately and in full.

    Credit line

    The annual percentage rate is 19,575% on the following exemplary conditions:

    • credit limit €2000;
    • fixed interest rate 17%;
    • contract fee €35;
    • the sum of repayments €3020.13;
    • the total cost of the credit €1055.13;
    • the total sum of the credit €305513.

    The rate is calculated on the basis that the loan is used immediately in the full amount and is in use for 5 years.

    Student loan

    The initial annual percentage rate of charge is 5.197% under the following sample conditions:

    • loan amount €1920;
    • fixed interest rate 5% per year;
    • agreement fee €0;
    • the sum of repayments €1972.40;
    • the total cost of the credit €52.40;
    • the total sum of the credit €1972.40.

    The rate was calculated on the assumption that the loan amount is taken into use immediately and in full, and repaid within one year in twelve equal payments made after equal intervals of time.

  • Leasing

    Here you'll find typical examples of the annual percentage rates for leasing and car loan.

    Car leasing

    The annual percentage rate is 3,130% on the following (example) conditions:

    • asset price of €12 500 + VAT;
    • downpayment of 10%;
    • residual value of 25%;
    • contract period of 5 years;
    • number of repayments 60;
    • contract fee of €200;
    • floating interest rate 2,5% per annum + 6 months' Euribor (21.09.2016 6-month Euribor rate was – 0,201%; the rate set out in your agreement may change every 6 months; negative Euribor equals to zero;
    • the sum of repayments €12 360.13;
    • the total cost of the credit €1 310.13;
    • the total sum of the credit €12 418.69.

    The rate is calculated on the assumption that the basic amount and the interest will be repaid as monthly annuity payments.
    Upon taking a lease, a comprehensive and motor third party liability insurance contract must be entered into.


    Car loan

    The annual percentage rate is 11,628% on the following (example) conditions:

    • loan of €5000;
    • fixed interest rate of 10%;
    • contract fee of €100;
    • repayment period of 5 years;
    • number of repayments 60;
    • the sum of repayments €6 442,91;
    • the total cost of the credit €1 542,91;
    • the total sum of the credit €6 542,91.

    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.

  • Credit cards

    Here you'll find typical examples of the annual percentage rates for the credit cards.

    • Fixed payment credit card
      The annual percentage rate is 21,76% on the following (example) conditions: credit limit of €800, fixed interest rate of 19%, card opening fee €2.50, repayment period of 1 year. The rate is calculated on the assumption that the credit limit will be used in full at the earliest opportunity. The total sum of the credit €881.53; the sum of repayments is €879.03.
    • Revolving credit card
      The annual percentage rate is 25,08% on the following (example) conditions: credit limit of €1000, fixed interest rate of 19%, monthly fee of €1.30, card opening fee €2.50, repayment period of 1 year. The rate is calculated on the assumption that the credit limit will be used in full at the earliest opportunity. The total sum of the credit €1126.40: the sum of repayments is €1108.30.
    • Gold revolving credit card
      The annual percentage rate is 23,82% on the following (example) conditions: credit limit of €1900, fixed interest rate of 17%, monthly fee of €3.70, card opening fee €2.50, repayment period of 1 year. The rate is calculated on the assumption that the credit limit will be used in full at the earliest opportunity. The total sum of the credit €2130.86: the sum of repayments is €2083.96.
    • Visa Platinum credit card
      The annual percentage rate is 27,48% on the following (example) conditions: credit limit of €3000, fixed interest rate of 14%, monthly fee of €12,90, card opening fee €2.50, repayment period of 1 year. The rate is calculated on the assumption that the credit limit will be used in full at the earliest opportunity. The total sum of the credit Total cost of credit payable is €3368,16; the sum of repayments is €3210,86.
    • Gold charge credit card
      The annual percentage rate is 5,42% on the following (example) conditions: credit limit of €2400, monthly fee of €5.11, card opening fee €2.50. The rate is calculated on the assumption that the credit limit will be used in full at the earliest opportunity and repaid in full every month as a single payment in 12 consecutive months. The total sum of the credit is €2463.82: the sum of repayments is €2400.
    • Platinum charge credit card
      The annual percentage rate is 5,44% on the following (example) conditions: credit limit of €5000, annual fee of €127.82, card opening fee €2.50. The rate is calculated on the assumption that the credit limit will be used in full at the earliest opportunity and repaid in full every month as a single payment in 12 consecutive months. The total sum of the credit €5130.32: the sum of repayments is €5000.
    • American Express Blue credit card
      The annual percentage rate is 23,31% on the following (example) conditions: credit limit of €1100, fixed interest rate of 17%, monthly fee of €1.60, card opening fee €2.50, repayment period of 1 year. The rate is calculated on the assumption that the credit limit will be used in full at the earliest opportunity. The total sum of the credit is €1218.95; the sum of repayments is €1197.25.
    • American Express Gold card
      The annual percentage rate is 30,46% on the following (example) conditions: credit limit of €2300, fixed interest rate of 16%, monthly fee of €10.50, card opening fee €2.50, repayment period of 1 year. The rate is calculated on the assumption that the credit limit will be used in full at the earliest opportunity. The total sum of the credit Total cost of credit payable is €2618.73; the sum of repayments is €2490.23.
    • American Express Platinum card
      The annual percentage rate is 33,69% on the following (example) conditions: credit limit of €6400, fixed interest rate of 14%, annual fee of €475, card opening fee €2.50, repayment period of 1 year. The rate is calculated on the assumption that the credit limit will be used in full at the earliest opportunity. The total sum of the credit Total cost of credit payable is €7365.98; the sum of repayments is €6888.48.