Secured consumer credit

If you have available collateral, a secured consumer credit is an affordable alternative for larger purchases. You can use your home, holiday home or other assets as security.

Secured consumer loan Features Prices Terms and conditions Secured consumer loan

For financing larger purchases

A secured consumer credit is a flexible and inexpensive solution when you are planning to buy a car, a boat or a caravan or to make some other larger one-off purchase.

As security for your loan, you can use your home equity or other available security.

We will negotiate the repayment schedule, monthly payment and due date together – according to your wishes and life situation.

We also offer tailored solutions for partnership financing. Our department that is specialised in this kind of financing guarantees professional service. If you are interested in partnership financing, call 0200 2121 (local network charge/mobile call charge) and request a call back from the partnership financing team.

Features

Application

You can apply for a loan amount that suits your repayment capacity. Make an application in the nearest branch. Book an appointment by calling Nordea Customer Service. 

The loan interest consists of a margin and reference rate and opening and account management fees.

Security

You will need sufficient collateral for the loan. As security for your loan, you can use your home equity or other available security. Consider the use of security case by case and consult our experts to reach the best possible solution.

We will draw up a repayment schedule that suits your life situation.

The repayment method will affect the interest expenses accruing during the loan period. You can repay the loan monthly in equal instalments, equal payments or fixed equal payments.

The choice of the repayment method depends on many things, such as whether you want to pay the same amount every month or whether you prefer paying off the loan within a specific time period. See which of the repayment methods is suitable for you.

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.

You will find detailed information on the credit on the Standard European Consumer Credit Information form (pdf, 199 KB)Opens new window.

Prices

Optional reference rates for housing loans and secured consumer credit 
Nordea Prime 
Euribor 12 months  
Fixed rates for 3, 5, 10 and 15 years (quoted on the drawdown date)
The potential reference rates of an ASP loan
Nordea Prime 
Euribor 12 months  
Most common prices for housing loans and secured consumer credits for Key Customer
ItemisationPrice
Arrangement fee *)0,4 %; 300 € minimum
Increased arrangement fee when a loan is secured by a third-party pledge or a guarantee

 *The increase does not apply to interest-subsidised ASP loans

100,00 €
Partial drawdown30,00 €
Automatic debiting of loan payments2,30 €
FlexiPayment for a new housing loan0,00 €
FlexiPayment for an existing housing loan

A fee in accordance with the tariff is charged for the automatic debit of a loan payment.

0,00 €
Advance notice of loan debiting by letter or through Netbank0,00 €
Loan payment, paper invoice6,00 €
Payment reminder to borrower, guarantor or third-party pledger (per reminder)5,00 €
Change in repayment schedule200,00 €
Change of the due date or loan servicing account (Minor change of the repayment schedule)40,00 €
Change of borrower200,00 €
Change of the applied interest or margin200,00 €
Obtaining a guarantor’s or pledge owner’s consent to amend the loan terms, such as the repayment schedule or reference rate35,00 €
Transfer of a loan to another bank upon customer’s request. Charged to the receiving bank. Does not apply to loans intermediated from government funds.120,00 €
Premature repayment of a loan and change of reference rate for loans drawn down on or after 1 December 2010Further information
Premature repayment of a loan and change of reference rate for loans drawn down between 1 January 1994 and 30 November 2010Further information
Early closure fee charged on fixed-interest loans drawn down from KOP bank prior to 8 March 1991Further information
Early closure fee charged on fixed interest loans drawn down from KOP bank between 8 March 1991 and 1 January 1994Further information
Early closure fee charged on loans other than fixed interest loans drawn down from KOP bank prior to 1 January 1994Further information
Early closure fee charged on loans drawn down from SSP bank prior to 1 January 1994Further information

Other prices related to loans and credit 

Prices related to security for loans 

*) Arrangement fee is charged in connection with the first drawdown and with a raise or renewal of a loan.

Optional reference rates for housing loans and secured consumer credit 
Nordea Prime 
Euribor 12 months  
Fixed rates for 3, 5, 10 and 15 years (quoted on the drawdown date)
The potential reference rates of an ASP loan 
Nordea Prime 
Euribor 12 months
Most common prices for housing loans and secured consumer credits for Check-in
ItemisationPrice
Arrangement fee *)200 €
Increased arrangement fee when a loan is secured by a third-party pledge or a guarantee 

 *The increase does not apply to interest-subsidised ASP loans

100,00 €
Partial drawdown30,00 €
Automatic debiting of loan payments2,30 €
FlexiPayment for a new housing loan0,00 €
FlexiPayment for an existing housing loan 

A fee in accordance with the tariff is charged for the automatic debit of a loan payment.

0,00 €
Advance notice of loan debiting by letter or through Netbank0,00 €
Loan payment, paper invoice6,00 €
Payment reminder to borrower, guarantor or third-party pledger (per reminder)5,00 €

Change in repayment schedule

- Limited offer from 17 February until 30 June 2015: Instalment-free period for a housing loan (max 12 months) EUR 0.00

200,00 €  
Change of the due date or loan servicing account (Minor change of the repayment schedule)40,00 €
Change of borrower200,00 €
Change of the applied interest or margin200,00 €
Obtaining a guarantor’s or pledge owner’s consent to amend the loan terms, such as the repayment schedule or reference rate35,00 €
Transfer of a loan to another bank upon customer’s request. Charged to the receiving bank. Does not apply to loans intermediated from government funds.120,00 €
Premature repayment of a loan and change of reference rate for loans drawn down on or after 1 December 2010Further information
Premature repayment of a loan and change of reference rate for loans drawn down between 1 January 1994 and 30 November 2010Further information
Early closure fee charged on fixed-interest loans drawn down from KOP bank prior to 8 March 1991Further information
Early closure fee charged on fixed interest loans drawn down from KOP bank between 8 March 1991 and 1 January 1994Further information
Early closure fee charged on loans other than fixed interest loans drawn down from KOP bank prior to 1 January 1994Further information
Early closure fee charged on loans drawn down from SSP bank prior to 1 January 1994Further information

Other prices related to loans and credit 

Prices related to security for loans

*) Arrangement fee is charged in connection with the first drawdown and with a raise or renewal of a loan. 

Optional reference rates for housing loans and secured consumer credit 
Nordea Prime 
Euribor 12 months  
Fixed rates for 3, 5, 10 and 15 years (quoted on the drawdown date)
The potential reference rates of an ASP loan
Nordea Prime 
Euribor 12 months  
Most common prices for housing loans and secured consumer credits for Preferred Customers
ItemisationPrice
Arrangement fee *)0,4 %; 300 € minimum
Increased arrangement fee when a loan is secured by a third-party pledge or a guarantee

 *The increase does not apply to interest-subsidised ASP loans

100,00 €
Partial drawdown30,00 €
Automatic debiting of loan payments2,30 €
FlexiPayment for a new housing loan0,00 €
FlexiPayment for an existing housing loan

A fee in accordance with the tariff is charged for the automatic debit of a loan payment.

0,00 €
Advance notice of loan debiting by letter or through Netbank0,00 €
Loan payment, paper invoice6,00 €
Payment reminder to borrower, guarantor or third-party pledger (per reminder)5,00 €

Change in repayment schedule

- Limited offer from 17 February until 30 June 2015: Instalment-free period for a housing loan (max 12 months) EUR 0.00

200,00 € 
Change of the due date or loan servicing account (Minor change of the repayment schedule)40,00 €
Change of borrower200,00 €
Change of the applied interest or margin200,00 €
Obtaining a guarantor’s or pledge owner’s consent to amend the loan terms, such as the repayment schedule or reference rate35,00 €
Transfer of a loan to another bank upon customer’s request. Charged to the receiving bank. Does not apply to loans intermediated from government funds.120,00 €
Premature repayment of a loan and change of reference rate for loans drawn down on or after 1 December 2010Further information
Premature repayment of a loan and change of reference rate for loans drawn down between 1 January 1994 and 30 November 2010Further information
Early closure fee charged on fixed-interest loans drawn down from KOP bank prior to 8 March 1991Further information
Early closure fee charged on fixed interest loans drawn down from KOP bank between 8 March 1991 and 1 January 1994Further information
Early closure fee charged on loans other than fixed interest loans drawn down from KOP bank prior to 1 January 1994Further information
Early closure fee charged on loans drawn down from SSP bank prior to 1 January 1994Further information

Other prices related to loans and credit 

Prices related to security for loans

*) Arrangement fee is charged in connection with the first drawdown and with a raise or renewal of a loan.

Optional reference rates for housing loans and secured consumer credit 
Nordea Prime 
Euribor 12 months  
Fixed rates for 3, 5, 10 and 15 years (quoted on the drawdown date)
The potential reference rates of an ASP loan 
Nordea Prime 
Euribor 12 months
Most common prices for housing loans and secured consumer credits
ItemisationPrice
Arrangement fee *)0,4 %; 300 € minimum
Increased arrangement fee when a loan is secured by a third-party pledge or a guarantee 

 *The increase does not apply to interest-subsidised ASP loans

100,00 €
Partial drawdown30,00 €
Automatic debiting of loan payments2,30 €
FlexiPayment for a new housing loan0,00 €
FlexiPayment for an existing housing loan 

A fee in accordance with the tariff is charged for the automatic debit of a loan payment.

0,00 €
Advance notice of loan debiting by letter or through Netbank0,00 €
Loan payment, paper invoice6,00 €
Payment reminder to borrower, guarantor or third-party pledger (per reminder)5,00 €

Change in repayment schedule

- Limited offer from 17 February until 30 June 2015: Instalment-free period for a housing loan (max 12 months) EUR 0.00

200,00 €  
Change of the due date or loan servicing account (Minor change of the repayment schedule)40,00 €
Change of borrower200,00 €
Change of the applied interest or margin200,00 €
Obtaining a guarantor’s or pledge owner’s consent to amend the loan terms, such as the repayment schedule or reference rate35,00 €
Transfer of a loan to another bank upon customer’s request. Charged to the receiving bank. Does not apply to loans intermediated from government funds.120,00 €
Premature repayment of a loan and change of reference rate for loans drawn down on or after 1 December 2010Further information
Premature repayment of a loan and change of reference rate for loans drawn down between 1 January 1994 and 30 November 2010Further information
Early closure fee charged on fixed-interest loans drawn down from KOP bank prior to 8 March 1991Further information
Early closure fee charged on fixed interest loans drawn down from KOP bank between 8 March 1991 and 1 January 1994Further information
Early closure fee charged on loans other than fixed interest loans drawn down from KOP bank prior to 1 January 1994Further information
Early closure fee charged on loans drawn down from SSP bank prior to 1 January 1994Further information 

Other prices related to loans and credit

Prices related to security for loans

*) Arrangement fee is charged in connection with the first drawdown and with a raise or renewal of a loan. 

Terms and conditions

Advice on loans and credits

Couple walking in the city 

A consumer credit gives flexibility to your finances

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

Feet in sand 

Draw up a financial plan

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