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Refinancing loan

It’s east to have an overview of one’s expenses if you only have to make one payment per month. Refinancing allows you to combine all of your consumer loans into a single loan with suitable terms and conditions.

You can find your current loans from the self service.


Refinancing loan calculator

3500 EUR

300 EUR 25000 EUR


6 kuud 120 kuud

A response to your application in seconds!

88 EUR

The calculation is approximate and may differ from the terms and conditions offered to you.

Agreement fee
Interest from
Amount up to
€25 000


Combine all of your consumer loans into one, so you’ll have a better overview of your expenses.

Apply now

Reduction of expenses

Combine your consumer loans into one and you will only have a single monthly payment and a clear overview of your monthly repayments.

Accessible everywhere

You can submit an application any time online or at the nearest branch of the bank nationwide.


Our professional employee are always there for you to find the best solution for making your wishes come true.

More information

  • No collateral required
  • Fixed annual interest rate from 7.9% on loan balance
  • Loan amount €300–25,000
  • Loan period 6 months – 10 years
  • Agreement fee 0€
  • 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 refinancing loan is 23,48% on the following sample terms: loan amount €6650, loan term in months 60, number of repayments 60, fixed interest rate per annum 19,9% as calculated on the loan balance, agreement fee €133, monthly administration fee €1,50, monthly instalment €177,31, total credit amount €10 771,87 and total of repayments €10 638,87. Refinancing loans are provided by Coop Finants AS.

  • The applicant must be at least 18 years old and an Estonian citizen or a foreign national holder of a residence permit
  • The borrower may not be older than 75 years of age upon expiry of the loan term
  • Monthly income from €400
  • Excellent credit record

The maximum loan amount depends on your monthly income and obligations.

We will ask you to send us your account statement if necessary. We accept digitally signed account statements for the last six months (in bdoc format), which include information about all income and expenses. You can download it from the internet bank of your home bank. Please e-mail the statement to

When entering into a small loan agreement, the borrower can sign an agreement for payment of insurance costs and benefit from the insurance cover provided by If Kindlustus.

Small loan insurance helps if:

•    you lose the capacity for work as a result of an accident or illness;
•    you lose your job;
•    you have been temporarily away from work due to your own or your child’s illness.

In the event of the borrower’s death, insurance will pay the loan balance to the lender so that the obligation will not transfer to the heirs.

Read the information sheet and insurance terms and conditions.

•    What should I do in the case of an insured event?

In the case of an insured event, fill in a loss report as soon as possible and write the following in the policy number field: COOP. You will be contacted and instructed on what to do next.

•    Example of expenses related to small loan insurance

Small loan insurance means an additional monthly expense. For example: loan amount €1,000, agreement period 24 months, number of repayments 24, fixed interest rate 19.9% per year calculated on the loan balance, monthly loan payment €52.35, monthly service fee for covering insurance expense €4.19.

You can submit a loan application online and at the branches of the bank nationwide.

In the case of a positive preliminary decision, we will ask you to send us statements of all of your active accounts for the last six months and the final invoices confirming the early repayment of the refinanced loans. List of creditors

You can sign the agreement digitally with your ID card, Smart-ID or Mobile-ID. To pay out the loan identification may be needed. This can be conveniently done via a computer or mobile phone, in branch of Coop Pank or a Coop store. For identification, you need an identity document (ID card, passport or driving license).

You can view the details of your loan agreement here.

Loan payments
Please pay your loan payments to account no. EE384204278603522603 of Coop Finants AS. Please don’t forget to add the reference number, which you will find from your agreement or e-invoice, when making the payment.

Every month, we will send you an e-invoice that you’ll find in the internet bank of your home bank. The e-invoice will be sent automatically to the bank to which your loan amount was transferred. We advise you to set up an e-invoice standing order, as this is the most convenient way of making the repayments.

Changing the payment date
You can change the payment date if necessary.

Grace period
You can request a grace period if necessary. The length and the terms and conditions of the grace period are determined in consideration of your requirements and possibilities.

Early repayment
The loan can also be repaid before the deadline of the agreement.
If you would like to amend the agreement, please submit a corresponding order in the self-service, send an e-mail to or go to a branch of Coop Pank. The fee for amendment of the agreement is calculated according to the price list.

If we haven’t received a repayment by its due date, we will text you a reminder that the payment must be made. The costs and default interest related to an overdue payment are calculated according to the price list. If you find that making the repayments will be a longer-lasting problem, please contact us so we can find a suitable solution together.