- Amount: from €3,500
- Term: up to 30 years
- Interest rate: 6 month or 12 month Euribor + margin
- Collateral: a mortgage established on the property in favour of the bank
What we can do for you?
Call us at 6 800 800 or contact your Private Banker.
Call us at 6 800 800 or contact your Private Banker.
Loan interest rates are determined on an individual basis. The interest rate consists of the bank's interest margin and the inter-bank floating (variable) or fixed interest rate.
You can choose a variable rate or a fixed rate loan:
The term of the loan may never exceed 30 years.
You can repay a loan by the:
If you would like to borrow money for building, renovation or reconstruction, we also need the following documents:
Documents related to collateral:
The bank has the right to demand additional documents if necessary.
In cooperation with KredEx, we offer home loans with additional collateral, which broadens the opportunities of applying for a loan.
The following persons can apply for a loan with KredEx guarantee:
It is possible to apply for the loan with a co-applicant, who can be a person from the same household, usually the spouse or partner. In this case, at least one of the borrowers must comply with the conditions set for the target group pf KredEx. Documents evidencing that the person belongs to the target group must be submitted.
KredEx guarantee makes the loan more affordable, because it guarantees part of the self-financing (the difference between the ordinarily required 34% and the 10% required in the case of the KredEx guarantee, 20,000 euros maximum, or 50,000 euros maximum in the case of the target group of people acquiring energy-efficient housing).
The evaluation act of a property valuator accepted by the bank must be submitted about the property offered as collateral to the loan.
The list of our accepted cooperation partners is the following:
|1Partner Kinnisvara Tallinn OÜ||Tallinn|
|Aarete KV OÜ||Haapsalu|
|Arco Vara Kinnisvarabüroo AS||Tallinn, Tartu, Pärnu, Narva, Rakvere, Jõhvi, Kuressaare, Otepää, Haapsalu, Paide, Viljandi|
|Colliers International Advisors OÜ||Tallinn and Harju county, Tartu, Pärnu, Narva, Rakvere|
|Domus Kinnisvara OÜ||Tallinn, Tartu, Pärnu, Viljandi, Narva, Võru, Kuressaare|
|ERI Kinnisvara OÜ||Tallinn (Tallinn-Harju county-Rapla), Tartu (South-Estonia -Jõgeva-Viljandi)|
|Kaanon Kinnisvara AS||Tallinn, Tartu|
|Kinnisvaraekspert OÜ||Tallinn, Tartu, Pärnu, Rakvere|
|LVM Kinnisvara OÜ||Harju county, Tartu county, Pärnu county, Saare county, Hiiu county, Muhu county|
|OÜ Kinnisvarabüroo Uus Maa||Tallinn, Tartu, Pärnu, Rakvere, Jõhvi, Viljandi, Jõgeva, Kuressaare|
|OÜ LAHE Kinnisvara Valdused||Tallinn, Tartu, Viljandi, Pärnu|
|Ober-Haus Hindamisteenuste OÜ||Tallinn, Tartu, Pärnu, Narva, Jõhvi|
|Pindi Kinnisvara OÜ|| Tallinn, Tartu, Pärnu, Narva, Rakvere, Rapla, Paide, Haapsalu, Valga, |
Võru, Viljandi, Põlva, Kuressaare, Jõgeva, Jõhvi, Türi, Tapa, Kärdla
|Prisma Kinnisvarade OÜ||Tallinn|
|RE Kinnisvara AS||Tallinn|
|Seven Kinnisvarakonsultandid OÜ||Tallinn|
|Tõnisson Invest OÜ||Pärnu, Lääne county|
The property serving as loan collateral (except for land) must be insured in favour of Danske Bank for the entire loan period.
Request an insurance quote from the property insurance companies accepted by us:
|If P&C Insurance AS|
|AAS "BTA Baltic Insurance Company" Eesti filiaal|
|Ergo Insurance SE|
|Swedbank Varakindlustus AS|
|Inges Kindlustus AS|
|AB „Lietuvos draudimas“ Eesti filiaal (PZU)|
|Gjensidige Baltic Eesti filiaal (former Parex Kindlustuse Eesti AS)|
|Salva Kindlustus AS|
|Seesam Insurance AS|
|Compensa Vienna Insurance Group, UADB Eesti filiaal|
There are various expenses related to borrowing and loans themselves, such as such as interest, credit fee, monthly maintenance fee to the card tied to the loan, etc. The annual percentage rate (APR) of charge can be calculated for every loan on the basis of these expenses. Basically, the APR is the amount of the expenses arising from the loan in a year.
The sample APR of the loans offered by Danske Bank are given below.
The initial APR is 1.83% per year on the following sample conditions:
credit amount €50,000, interest 1.75% per year (6 month EURIBOR + 1.75%; calculated on 6 month EURIBOR as at 10.03.2016, which was -0.139% and is deemed to be 0 (zero), unfixed interest), contract fee €250, term 25 years, total amount €62,201.35, monthly repayment €206,52. The rate is calculated on the assumption that the credit amount will be immediately drawn down in full and the principal is repaid and interest is paid in monthly annuity payments. Collateral must be inured for the entire period of the loan.
The APR is 26.94% per year on the following sample conditions:
credit limit €700, interest rate 18%, contract fee €20, current account management fee €1.50 per month, repayment term 1 year, total amount €865.75. The rate is calculated on the assumption that the credit amount will be immediately drawn down in full.
The APR is 7.70% per year on the following sample conditions:
credit limit €1,000, annual fee €50, contract fee €10, current account management fee €1.50 per month, total amount €1,081. The rate is calculated on the assumption that the credit amount will be immediately drawn down in full.
The initial APR is 5.45% per year on the following sample conditions:
credit amount €1,920.00, interest rate 5%, contract fee €2.56, total amount €1,975.89. The rate was calculated on the assumption that the loan amount will be immediately drawn down in full and repaid within a year in 12 equal instalments after equal intervals of time.
The initial APR is 2.72% per year on the following sample conditions:
capital lease, price of property €19,000 incl. VAT, down payment 20%, residual value of property at end of period 0%, contract period 5 years, interest rate 2.0% (6 months EURIBOR + 2.00% per year; the calculation is based on 6 months EURIBOR as at 01.02.2017, which was 0.244% and is deemed to be 0 (zero); unfixed interest rate), contract fee €175; current account management fee €1.50 per month, total amount €16,260.49, monthly repayment €266.42. The property must be inured for the entire period of the loan.
Please note that every loan is a financial obligation and any failure to perform the obligations arising from the loan agreement may have serious consequences (e.g. compulsory sale of property).
Consider your possibilities and needs carefully before you sign the loan agreement. Read the terms and conditions of the loan and request information from your relationship manager if necessary.
Take a look at base interest rates and deposit interest rates approved by Central Banks.
MasterCard Platinum is privileged credit card for our most valued clients.
Overdraft is a convenient option for keeping spare money at hand, so you can cover any unexpected larger outgoings. You can make card payments, transfer money in the eBank or withdraw cash from ATMs in the amount of the agreed credit limit.