Car loan · LHV

Purchasing or repairing a vehicle

With the car loan you can purchase exactly the kind of motor vehicle you need – from a passenger car to a motor boat. A car loan can also be used to repair a motor vehicle.

You will receive a response to your application within a few minutes
No collateral required
Money to your account immediately
Loan sum from 3000 € to 20,000 €
Interest from 9.9% on the loan balance
There is no monthly administration fee
Free premature repayment

You do not need to have an account with LHV to apply for a car loan.

Calculate the monthly instalment

The results are estimated and may differ from the terms and conditions offered to you.

Fill in application
Fill in car loan application. There is no charge for submitting an application, and doing so does not obligate you to conclude an agreement. If a statement of account must also be submitted, we will inform you of this separately.
Limit offer
We will calculate your limit, within which you will have 90 days to take the car loan.
Conclude agreement
You can sign the agreement in self-service environment. If you cannot sign it digitally, please visit our partner Euronics store. There, you can sign a printed contract.
Money to your account
Within a few minutes, the loan amount minus the agreement fee will arrive in your bank account.

Loan sum	From 3000 € to 20,000 €
Interest	Annual interest from 9.9% on loan balance. LHV calculates the interest on the outstanding loan balance, not the whole loan sum. This means that interest payments decrease each month, as your loan balance decreases.
Contract fee	1% of loan sum, at least 29.90 €
Time of repayment	6 months to 6 years
Amendment of agreement	If you need to, you can take a grace period or change the date or amount of the monthly payment. The fee for amending the agreement is 10 €. To amend the agreement, please write to finance@lhv.ee.
Early repayment	Early repayment of the entire credit sum is free of charge.
Repayment	Monthly payments are to be paid to the account EE707700771001062897; beneficiary: AS LHV Finance: reference number: your agreement number.
Confirmation submission	Please send a copy or a photo of your vehicle’s registration certificate to finance@lhv.ee after the conclusion of the Car Loan contract.

The Car Loan is offered by AS LHV Finance. Take a look at the terms and conditions at lhv.ee/en/car-loan and consult a specialist. The annual percentage rate of charge is 17.69% on the following sample terms and conditions: loan sum 5000 €, annual interest rate of 15.9% on the outstanding balance (fixed), agreement fee 50 €, repayment period of 55 months, with monthly annuity payments, in the total sum of 7125.21 € and the sum of repayments of 7075.21 €.

Loan insurance is offered by AS LHV Insurance. Review the terms and conditions of insurance, along with the limitations and exemptions, and ask for advice from our specialist. The the annual percentage rate of charge of Consumer Loan with insurance is 21.85% on the following sample terms and conditions: loan sum 5000 €, annual interest rate of 15.9% on the outstanding balance (fixed), agreement fee 50 €, repayment period of 55 months, with monthly annuity payments, in the total sum of 7686,35 € and the sum of repayments of 7636,35 €.

Documents and additional information

Frequently asked questions

Got any more questions?

Loan insurance

You can make your loan more secure by adding insurance to your contract. Loan insurance ensures that you will not find yourself in trouble with loan instalments in the event of unforeseen circumstances. Read the terms and conditions of loan insurance.

Insurance provides assistance in the following instances

becoming unemployed for reasons beyond the insured person’s control;
temporary incapacity for work, i.e., a certificate of incapacity for work valid for over 30 days;
permanent incapacity for work, i.e., a certificate of incapacity for work valid for over 30 days;
death, i.e., any loan liability does not have to be met by your successors.

In case of an insured event, notify client support at LHV Finance as soon as possible. Client support will notify the loss adjuster, who will contact you with further instructions.

Insurance premium

In the case of a contract with insurance, an additional monthly fee will be added, which is 8% of your loan instalment (principal + interest). For example, if you take out a loan in the amount of EUR 500 for two years, only about EUR 2 will be added to your monthly instalment.