Home repair loan

To create a cosy home

A Home Repair Loan can be used to fix up your home or summer house. It can also be used to purchase real estate, such as an apartment, summer cottage or even a plot of land.

You will receive a response to your application within a few minutes
No collateral required
Money to your account immediately
Loan amount up to 25,000 €
Loan insurance options
Free premature repayment

You do not need to have an account with LHV to apply for a Home Repair 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 Home Repair 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.
Offer
Once we receive your application, we will make you a loan offer that is valid for up to 180 days.
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	Up to 25,000 €
Interest	Annual interest from 7.9% 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	2% of loan sum, at least 29.90 €
Service fee	2.99 € per month
Length of the agreement	Credit amount up to 7,500 € – 6 months to 6 years Credit amount from 7,500 € – 6 months to 10 years
Amendment of agreement	The fee for amending the agreement is 25€. 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: LHV Finance: reference number: your agreement number.

The Home Repair Loan is offered by AS LHV Finance. Take a look at the terms and conditions at lhv.ee/en/home-repair-loan and consult with a specialist. Annual rate of charge is 15.32% on the following sample terms and conditions: loan amount 7,400 €, annual interest rate of 12.9% on the on the outstanding balance (fixed), contract fee 148 €, monthly service fee 2.99 €, repayment period of 81 months, with monthly annuity payments, with the total sum of the monthly payments being 11,510.68 € and the total repaid sum of 11,362.68 €.

Loan insurance is offered by AS LHV Kindlustus. Review the terms and conditions of insurance, along with the limitations and exemptions, and ask for advice from our specialist. Annual percentage rate of charge of a consumer loan with insurance is 18.4% on the following sample terms and conditions: loan amount 7,400 €, annual interest rate of 12.9% on the on the outstanding balance (fixed), contract fee 148 €, monthly service fee 2.99 €, repayment period of 81 months, with monthly annuity payments, with the total sum of the monthly payments being 12,395.44 € and the total repaid sum of 12,247.44 €.

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;
absence of work capacity, i.e. the borrower has been issued a work capacity assessment decision;
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.