Skip menuLog in to Nordea NetbankLog in to Nordea Business

Better margin

The margin you get on an energy-efficient renovation loan is 0.5 percentage points lower than on a normal renovation loan.

FlexiPayment

You can decrease or increase your monthly loan payment yourself with our unique FlexiPayment feature.

Interest rate hedging

You can protect your loan against a rise in interest rates with an interest rate hedge.

Take advantage of the lower margin on an energy-efficient renovation loan

The margin you get on an energy-efficient renovation loan is 0.5 percentage points lower than on a normal renovation loan.

The lower price applies to the following renovations in detached or semi-detached houses:

  • Switching heating systems (such as switching from oil to geothermal energy)
  • Buying and installing an exhaust air heat pump or air-to-water heat pump
  • Switching to more energy-efficient windows and doors
  • Adding insulation to exterior walls
  • Buying and installing solar panels
  • Renovating the roof and adding insulation to the roof structure
Home energy assessment

How to get started

Struggling to get started with an energy-efficient renovation? 

Through us, you can order a home energy assessment, which will help you identify how you can save energy in your home. You can order the assessment for detached and semi-detached houses.

Read more about assessment

5 reasons to apply for a loan to make your home more energy efficient

  1. You may save on costs: switching the heating system may reduce your monthly living costs. 
  2. Feel better in your home: your home becomes less draughty when you replace your windows with more energy-efficient ones.
  3. Higher sale price potential: a well-maintained property will not only keep its value but usually sell faster. 
  4. Lower greenhouse gas emissions: heating makes up a significant part of your household’s carbon footprint, which you can reduce by making your home more energy efficient.
  5. More comfortable living: an energy-efficient heating system provides you with constant room temperature that is easier to control as well as better indoor air quality.

How can I apply for a loan for an energy-efficient renovation?

If you want to make your home more energy efficient, you can apply for a renovation loan, which is a secured loan. It means that you will need to provide collateral for the loan, such as the home you will be renovating. The margin of a loan intended for an energy-efficient renovation is lower than the margin of a loan intended for other renovations.

You can apply for a secured loan in Nordea Mobile or Netbank. Once you have submitted your application, we will contact you to discuss the details of your loan.

Read more about secured loans

Apply for a consumer credit in Netbank

You can apply for a secured loan with us if you:

  • do most of your banking with Nordea
  • have a regular income
  • have an asset to use as collateral (such as a home, other property or an investment)
  • have a Finnish personal identity number and a home address in Finland
  • have a clean credit record.

Information on energy-efficient renovation loans

A renovation loan intended for an energy-efficient renovation always requires a credit decision. The price of the loan is determined case-by-case, and we will check the purpose of the renovation before we grant the loan.

The price comparison of the margin is based on customer-specific average margins in secured renovation loans, and it doesn’t account for the reference rate or any other loan costs. The lower margin is available for new loans.

Read more about energy-efficient renovations

We have gathered some tips on how you can improve the energy efficiency of different homes.

Ystävät iltaa viettämässä lasitalossa

Five steps to an energy-efficient renovation of a single-family house

In Finland, living costs account for a large part of your budget if you live in a single-family house. By improving the energy efficiency of your home, you can significantly reduce your living costs.

Read more

What kind of energy efficiency improvements can a housing company make?

An energy-efficient renovation saves on costs, increases the value of your housing company, reduces the charge for common expenses and therefore saves the homeowners money.

Read more

What is energy efficiency?

Need help?

Personal customers