Other prices related to loans and credits

Loan guaranteed by the Guaratee Foundation 

Price
Arrangement fee2,00 %
Change of debtor 

Price
If the debtor changes or one of the debtors assumes liability for the loan alone. Does not apply to loans intermediated from government funds.200,00 €
Transfer of loan to another bank 

Price
When a loan is transferred to another bank at the customer’s request. The other bank is charged. Does not apply to loans intermediated from government funds.
120,00 €
Change a debtor of lifelong housing loan 

Price
When a lifelong housing loan granted by Kansallis-Osake-Pankki is transferred to another debtor with the bank’s consent, the new debtor is charged168,00 €
LimitFlex Credit 

Price
Raise of credit limit75,00 €
Automatic debiting of the loan payment/month2,80 €
Without automatic debiting of the loan payment/month3,70 €
Copies of receipts and invoices per copy10,00 €
Change in repayment schedule17,00 €
Balance or interest statement on request10,00 €
Payment reminder
5,00 €
Handling fee for sending of notification letter or loan payment form 

Price
Paper invoice - loan granted by UBF before 1 March 1992, not automatically debited
1,18 €
Invoice in Netbank - loan granted by UBF before 1 March 1992, not automatically debited
1,00 €
Paper invoice - loan granted by Kansallis-Osake-Pankki before 1 July 1995, not automatically debited
6,00 €
Invoice in Netbank - loan granted by Kansallis-Osake-Pankki before 1 July 1995, not automatically debited
1,00 €
Paper invoice - other loans granted before 1 May 2006, not automatically debited 
6,00 €
Paper invoice - other loans granted after 1 May 2006, not automatically debited
6,00 €
Advance notifications and loan itemisations or printed invoices for automatically debited government loans  0,00 €
Changing from electronic advance notifications, loan itemisations and invoices to printed ones (change to an earlier agreement on Netbank use)25,00 €
Automatic debiting of loan payment 

Price
For automatic debiting of a loan payment to the loan servicing account, per debit  - loans granted before 1 November 2006
0,00 €
For automatic debiting of a loan payment to the loan servicing account, per debit  - loans granted after 1 November 2006 
2,30 €
Sending of credit document 

Price
When a credit document is sent to another bank for getting a guarantee or a signature, the debtor is charged, per sending. Does not apply to loans intermediated from government funds. 20,00 €
Cerificates 

Price
Certificates requested by the customer stating the amount of debt and paid interest (incl. postage)10,00 €
Certificate stating the amount of debt and estimate of interest to be paid for a specific period, given with access codes through personal service or Netbank's customer mail; actual cost of labour is charged (incl. postage); minimum10,00 €
Certificate stating the amount of debt and estimate of interest to be paid for a specific period; actual cost of labour is charged (incl. postage); minimum10,00 €
Cancellation of loan drawdown 

Price

Customer is charged compensation for cancellation of a loan drawdown or change of drawdown date if

- the reference rate is Euribor and loan amount exceeds € 3,000,000,00 or

- the customer and the bank have agreed on a fixed interest rate on the loan at least two banking days prior to the loan drawdawn. In addition, the bank charges the customer the actual cancellation and reinvestment costs of refinancing, if any

1 % of the loan amount granted, but 168,19 € at minimum
Personal customer´s foreign currency credits 

Price
Upon drawdown of a foreign currency credit, an arrangement fee is charged on the granted principal; for housing loans a minimum ofAt least 2 %, but 500,00 euros at minimum
Arrangement fee for other credits a minimum of
At least 3 %, but 500,00 euros at minimum
When the loan period is extended, the arrangement fee is charged on the principal for the extended period.

Amendments to credit terms

If the customer wants to change the following credit terms (within the credit period):
▪ currency of the credit
▪ interest determination period
▪ repayment schedule
▪ or other terms,

it is possible on the first day of a new interest determination period. This must be agreed on with the bank at least five banking days before the new interest determination period begins. A one-time fee for an amendment is 170,00 €.

Credit terms cannot be changed in the middle of an interest determination period.

Payment defaults

If an automatic debit of a loan fails due to insufficient cover, or the debtor otherwise fails to pay interest, an instalment or other payment by the due date, the debtor is charged a fee for each reminder or notification given by phone or mail to the debtor, guarantor or a third-party pledger.

Repayments in foreign currency must be paid at the payment date’s exchange rate but at least the due date’s rate. 

5,00 €
Premeture repayment of an loan 

Premature repayment of a loan drawn down after 1 December 2010 

For premature repayment of a loan an early closure fee is charged when

  • the granted loan amount exceeds € 20,000.00 and 
  • the loan interest is fixed or the interest determination period is at least three years. 

An early closure fee is also charged on the above-mentioned conditions for a premature repayment of a part of a loan.

Premature repayment of a credit other than a housing loan drawn down after 1 December 2010

The bank is entitled to receive compensation from the borrower when he or she repays the credit or part of it prematurely if the credit interest is fixed.

The compensation is no more than one per cent of the amount of the repaid credit or, if upon the premature repayment there is less than one year up to the termination of the credit agreement, half a per cent from the amount of the repaid credit. The maximum compensation is, however, no more than the interest rate amount during the period between the premature repayment and the termination of the credit agreement.

The bank is not, however, entitled to compensation if a maximum amount of EUR 10,000 of the credit has been prematurely repaid during the past year or the repayment is made based on credit protection insurance.

Premature repayment of a loan drawn down during 1 January 1994 - 30 November 2010 

For premature repayment of a loan an early closure fee is charged when

  • the granted loan amount exceeds € 16,818.79, and 
  •  the loan interest is fixed or the interest determination period is at least three years, and 
  • the interest level of a corresponding new loan offered by the bank at the loan repayment date is lower than the interest rate agreed on for the loan prematurely repaid by the borrower.

    An early closure fee is also charged on the above-mentioned conditions for a premature repayment of a part of a loan.

    As the early closure fee the bank charges at the most the difference between the interest as stated in the loan agreement and the interest of a corresponding new loan, for the remaining loan period of a fixed interest loan or for the remaining interest determination period of a loan tied to a reference rate.

Advice on loans and credits

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A consumer credit gives flexibility to your finances

Choosing Nordea for all your banking will be worth your while.

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Draw up a financial plan

You can balance your finances by calculating your regular income and expenses.