Buying a €100,000 flat? Budget just over €1,000 for additional costs
Home ・ 29.10.2026
When planning to buy a home, it is worth setting aside some money for the additional costs involved. Karin Ossipova, Head of Home Loans at Coop Pank, and notary Annika Kuimet explain what to expect in terms of property valuations, mortgage agreement fees and notary costs.
Let's take a flat costing €100,000 and calculate the main additional expenses involved in buying it.
Notary fees and state fees: approximately €650–750
According to notary Annika Kuimet, notary fees depend on more than just the purchase price of the property. When buying a home with a mortgage, the loan amount and the size of the mortgage registered against the property also affect the fees. If the buyer's funds are held in a notary's deposit account until the transaction is completed, an additional deposit fee applies.
For example, when buying a €100,000 flat with a loan of the same amount, our calculation assumes that a mortgage of €130,000 is registered against the property. The notary fee is calculated based on two-thirds of the purchase price, or €66,666.67, and two-thirds of the registered mortgage amount, or €86,666.67. This results in a notary fee of €588.01, including VAT. Together with the state fees for registering ownership and the mortgage, the total comes to €745.51.
If the buyer instead takes out a €70,000 loan for the same flat, with a registered mortgage of €91,000, and deposits their own €30,000 in the notary's deposit account, the combined notary and state fees amount to €649.83.
| Same €100,000 flat | €70,000 loan | €100,000 loan |
|---|---|---|
| Registered mortgage amount | €91,000 | €130,000 |
| Notary fees | €509.33* | €588.01 |
| State fees | €140.50 | €157.50 |
| Total | €649.83 | €745.51 |
*Includes €16.43 for holding €30,000 in the notary's deposit account.
This means that even when the purchase price is the same, transaction costs vary depending on how much is borrowed and the size of the registered mortgage. An additional notary fee of €24.80 applies if the transaction is authenticated remotely.
Bank-related costs: approximately €400
To obtain a home loan, the bank requires a professional valuation of the property being purchased. According to the price lists of Estonia's major property valuation companies, valuations of standard flats in Tallinn generally start at €290. Elsewhere in Estonia, prices may be lower or higher depending on the location. For our example, we have allowed €300.
Taking out a home loan also generally involves an agreement fee, which depends on the bank's price list and the specific loan offer. In our example, we have allowed €100.
If additional collateral is required to secure the loan, a professional valuation must also be obtained for that property. If the additional collateral is another flat, for example, this could add approximately €300 to the costs in our calculation.
How much does it all add up to?
Let's use the example of a €100,000 flat, a €70,000 home loan and €30,000 deposited in the notary's deposit account.
| Home purchase expenses | Estimated cost |
|---|---|
| Property valuation | €300 |
| Bank agreement fee | €100 |
| Notary fee for the purchase and registration of the mortgage | €492.90 |
| Fee for holding funds in the notary's deposit account | €16.43 |
| State fee for registering ownership | €110 |
| State fee for registering the mortgage | €30.50 |
| Total | €1,049.83 |
In this example, buying a €100,000 flat involves just over €1,000 in additional expenses. If additional collateral is used, the cost of valuing that property must also be taken into account.
The exact amount depends on the individual transaction, including the loan amount, the size of the registered mortgage, the valuation provider and the bank's offer.
Remember to budget for insurance
Both the property being purchased and any other property used as collateral for the loan must be insured throughout the loan term. Home insurance is an ongoing expense, so it has not been included in our example calculation. Borrowers can also choose to take out loan payment insurance to help protect against difficulties with repayments in the event of unexpected job loss or prolonged sick leave.
Check whether you qualify for any special offers
The additional costs of buying a home may be lower if the borrower qualifies for a special offer from the bank. For example, Coop Pank's Teacher Home Loan and Home Defender Loan both come with a €0 agreement fee. The bank also reimburses up to €250 of the property valuation cost and up to €100 of home insurance premiums for the first year.
