Home renovation loan
Got the idea, but missing the funds?
If yes, the Home renovation loan is here to help.
Just a little bit short…
Every home has its story – perhaps a room needs a refresh, a kitchen needs new appliances or a bathroom could do with a more modern look. Often it remains just a plan on paper because the budget sets the limits.
Our Home renovation loan helps bring your good ideas to life.
Practical tips
Show allHome renovation loan – good to know
No collateral required
Fixed annual interest rate from 6.9% on loan balance
Loan amount €300–25,000
Loan period 6 months – 10 year
Agreement fee 2% of loan amount, min €35
Agreement administration fee €1.5 per month
Before you conclude an agreement, we advise you to review the terms and conditions of the financial service and, if necessary, consult a specialist.
The annual percentage rate of charge on a home renovation loan is 16,25% on the following sample terms: loan amount €5000, loan term in months 72, number of repayments 72, fixed interest rate per annum 13.9% as calculated on the loan balance, agreement fee €100, monthly administration fee €1.50, monthly instalment €104,01, total credit amount €7488,21 and total of repayments €7588,21. Home renovation loans are provided by Coop Pank AS.