Puhelin, kortti ja huonekasvi sinisellä pohjalla

Could you save money by transfering your debt?

Nordea customers can transfer debts into one consolidation loan with our debt consolidation service. Fill in the information of your debt to the calculator and it will tell you if you can save money in the total cost or monthly payments by transferring your debts to Nordea.

Calculate your debt consolidation loan

With Nordea's debt consolidation service you can transfer your credit and instalment debt from other providers under one credit with your own bank. We will help you to replace your current debt with one flexible and smart consolidation loan. The consolidation loan is granted as Nordea FlexiCredit.

Fees for the consolidation loan

The debt consolidation loan is granted as FlexiCredit, that has 0€ opening fee. Please note that the account management fee is at most 12,50€ per month.

Please note that the calculator only gives you an indicative calculation. You can check your price on the application.

  • Interest rate margin for Premium Customers 2,90 %
  • Interest rate margin for home loan customers 5,90 %
  • Interest rate margin for other Nordea customers 8,90 %

Consolidation loan

Example calculation

Calculation for consumer credits issued after 1.9.2019.

Nordea's FlexiCredit is a one-off loan and its interest is the 3-month Euribor quoted on the first banking day of the month in which the credit application is signed + a margin of 8.9%. With a nominal interest of 11,95% and a 139-month loan period, the annual percentage rate of charge on a FlexiCredit of 8,000 euros is 15,7% (April 2023). The total sum of the credit and credit costs is 16 671,54 euros and the number of loan payments is 139. The opening fee for the loan is 0 euros. The calculation includes a monthly account management fee of 12.50 euros in the case of automatic debiting.

For Nordea's mortgage customers:

Nordea's FlexiCredit is a one-off loan and its interest is the 3-month Euribor quoted on the first banking day of the month in which the credit application is signed + a margin of 5.9%. With a nominal interest of 8.95% and a 110-month loan period, the annual percentage rate of charge on a FlexiCredit of 8,000 euros is 12,6% (April 2023). The total sum of the credit and credit costs is 13 196,54 euros and the number of loan payments is 110. The opening fee for the loan is 0 euros. The calculation includes a monthly account management fee of 12.50 euros in the case of automatic debiting.

For Nordea's Premium customers:

Nordea's FlexiCredit is a one-off loan and its interest is the 3-month Euribor quoted on the first banking day of the month in which the credit application is signed + a margin of 2.9%. With a nominal interest of 5.95% and a 94-month loan period, the annual percentage rate of charge on a FlexiCredit of 8,000 euros is 9.6% (April 2023). The total sum of the credit and credit costs is 11 228,50 euros and the number of loan payments is 94. The opening fee for the loan is 0 euros. The calculation includes a monthly account management fee of 12.50 euros in the case of automatic debiting.

FlexiCredit is provided under the normal credit terms and conditions by Nordea Finance Finland Ltd, Aleksis Kiven katu 9, Helsinki, FI-00020 NORDEA.