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.
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

We have lowered the price of loans intended for energy-efficient renovations

We offer a lower margin for energy-efficient renovations than for regular renovations.

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

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.

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

You can get a secured loan from us if you:

  • do all your banking at Nordea and have a regular income 
  • have an asset to use as collateral (such as a home or an investment)
  • have a Finnish personal identity number and a home address in Finland
  • have a clean credit record  

Read more about energy-efficient renovations

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

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

Do you want to live in an energy-efficient home?

Making small choices every day and paying attention to the maintenance of your home lay the ground for energy-efficient living. By making your home more energy-efficient, you can reduce your carbon footprint and living costs and live more comfortably.

Read our tips for improving energy efficiency

What is energy efficiency?