Does your home need improvement or would you like to buy a summer cottage? Is your housing company planning a plumbing renovation or other repairs? Are you interested in investing? HomeFlex will free up your home equity so that you can realise your dreams.

HomeFlex Features Consumer Credit Information Prices Terms and conditions HomeFlex

  • HomeFlex always includes an account and a loan.
  • We will transfer the HomeFlex loan in full to your HomeFlex account as a lump sum. The interest on your account is the same as the interest you pay for your loan. You decide when you want to use the HomeFlex loan in your account.

  • You can use the loan any way you want. You can also use the account as an ordinary bank account.
  • You can make deposits freely to the account.
  • Make an application in the nearest branch. Book an appointment by calling Nordea Customer Service.

HomeFlex loan

  • The loan period is ten years. During this time you don’t have to repay the loan principal – you just pay the interest. After ten years we will agree with you on how to continue.
  • You may repay the loan at any time.
  • The interest on the loan is tax-deductible if the loan is used for a major renovation of your permanent residence or for obtaining income.

HomeFlex Account

  • We will pay the same interest on your HomeFlex Account as you pay for your HomeFlex loan.
  • The deposit interest on the account is credited annually
  • The deposit interest is paid up to the amount of loan taken.
Consumer Credit Information

Standard European Consumer Credit Information

To make comparing easier, the applicant has the right to receive the key information on the credit on a Standard European Consumer Credit Information form before signing the credit agreement. The information on the form may be calculated with the details given by the customer or on typical values. The form on this page is calculated with typical values, which means that a typical euro amount for this credit type is applied. 

The form specifies the lender's contact information, the main features of the credit product, the costs, other important legal aspects and, if needed, the additional information required for distance selling.

The information on the form may be binding or unbinding on the lender. A binding form requires a positive credit decision. 

Standard European Consumer Credit Information (pdf, 194 KB)Opens new window


Opening fee500,00 €
Interest paid on HomeFlex loan and account as of 24 October 2013*Nordea Prime + 2,20 %

Interest paid on HomeFlex loan and account, agreements signed before 24 October 2013

Nordea Prime + 1,90 %
Interest paid on HomeFlex loan and account, agreements signed before 16 November 2012Nordea Prime + 1,60 %
Interest paid on HomeFlex loan and account, agreements signed before 1 September 2009
Nordea Prime + 1,40 %
*With a loan amount of 50.000 euros, a loan period of 10 years and an interest rate of 3.00 % (Nordea Prime 0,80 % (6/2016)  + 2.20%), the loan’s annual percentage rate of charge would be 3.4%. The opening expenses included in the annual percentage rate of charge are the opening fee of 500 euros and the fee of 2.30 euros per month for the automatic debiting of loan payments.  The total amount of the credit and the credit servicing costs is 58 711 euros and the number of installments is 120.
Terms and conditions

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Two alternatives

FlexiPayment gives you leeway for your monthly loan repayment. Another alternative is to extend your instalment-free period. See which one suits you better.