Interest rate hedging makes life secure

You should consider securing the repayment of your loan already when you are applying for it. Market interest rates may fluctuate significantly, but you can avoid surprises by hedging your interest.

An interest rate hedge may cover 3 to 15 years, depending on your needs. The hedge may be valid for a shorter period than the loan, as the amount of interest makes the most difference at the beginning of the loan period when the loan principal is large.

Interest rate cap Interest rate collar Fixed interest Interest rate cap

Interest rate cap suits you if:

  • you want to choose a short reference rate
  • you want to secure at least part of your loan against rapid changes in the reference rate.Korkokatto
Interest rate collar

Interest rate collar suits you if:

  • you want to ensure that the interest expenses on your loan stay within certain limits
  • you appreciate the possibility to make flexible changes in the loan's repayment schedule
  • you do not wish to pay separate fees or cancellation costs.Korkoputki
Fixed interest

Fixed interest suits you if you want to know the amount of the monthly payment in advance.

  • It is recommendable to fix the interest on half of the loan amount and to boost hedging with an interest rate cap or interest rate collar, if necessary.
  • You may have to pay cancellation costs.
Housing loan products Interest rate hedging Housing loan products

Housing loan

Apply for a housing loan that suits your needs from Nordea

With Nordea's housing loan you can realise your dreams – buy a home, build a house or purchase an investment property.

Interest rate collar

Stability to reference rate changes

The interest rate collar is a new kind of interest rate hedging product with which you ensure that the reference rate on your loan stays within the agreed limits and will not exceed the agreed maximum level during the validity of the hedge.

OwnGuarantee

An OwnGuarantee helps you to acquire a home with a small start capital

With an OwnGuarantee, you need less savings for financing a new home, and you may not need any other security for your housing loan.

Interest rate cap

Don't let the interest on your housing loan get out of hand

With an interest rate cap, you can make sure that the reference rate on your loan will never exceed a certain level. An interest rate cap can be taken for an old or a new loan.

ASP loan (ASP account)

Save 10% of the price of a new home in an ASP account, and we will lend you the rest

You can open an ASP account if you are aged between 18 and 39.

HomeFlex

Large purchases with a small monthly payment

Is your home in need of refurbishing or is your housing company planning to renovate its plumbing? HomeFlex will free up your home equity so that you can realise your.

FlexiPayment

FlexiPayment can be added to a new loan as well as to existing ones

When you have FlexiPayment linked to your housing loan, you can decrease or increase the monthly instalment on your loan – or even skip the instalment for a month without notifying us.

Pay your own share of a housing company loan

Does the charge for financial costs you are paying your housing company seem too high?

If you take your share of the housing company loan in your own name, you get two advantages: you can tailor the monthly payment to suit your finances and you get a tax benefit.

Interest rate hedging

Interest rate collar

Stability to reference rate changes

The interest rate collar is a new kind of interest rate hedging product with which you ensure that the reference rate on your loan stays within the agreed limits and will not exceed the agreed maximum level during the validity of the hedge.

Interest rate cap

Don't let the interest on your housing loan get out of hand

With an interest rate cap, you can make sure that the reference rate on your loan will never exceed a certain level. An interest rate cap can be taken for an old or a new loan.

Fixed interest rate

When your loan has a fixed interest rate,

you will know the exact amount of your monthly instalments during the fixed interest period.

Advice on housing

Man sitting thinking by house 

Interest rate hedging makes life secure

With the right interest hedging products, you can protect your finances even when market interest rates change drastically.

Woman looking out of window 

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.