Skip menuLog in to Nordea NetbankLog in to Nordea Business

ASP loan

Nordea grants you an ASP loan for the acquisition of your first home. After you have saved at least ten per cent of the price of your home, we will lend you the rest. If the total interest rate on the loan rises above 3.8%, the state will pay part of the interest as interest subsidy during the first 10 years of the loan period.

Apply for a loan in Netbank
Read more about ASP account

ASP loan features

  • The loan can consist of an interest-subsidised ASP loan and a supplementary loan. Interest subsidy refers to the part of the loan interest paid by the state.
  • You will need a supplementary loan when the interest-subsidised ASP loan alone is not sufficient for the home purchase.
  • The interest on the interest-subsidised ASP loan is lower than on corresponding new housing loans.
  • If the total interest rate on the loan rises above 3.8%, the state will pay part of the interest as interest subsidy during the first 10 years of the loan period.
  • The precondition for the ASP loan is that the home to be purchased is located in Finland.

Valid maximum amounts of interest-subsidised ASP loans: 

  • Helsinki 215,000 euros
  • Espoo, Vantaa and Kauniainen 160,000 euros
  • Tampere and Turku 140,000 euros
  • Other municipalities 120,000 euros

Terms and conditions of an ASP loan

  • Nordea grants you an ASP loan for the acquisition of your first home.
  • You must have saved 10% of the purchase price of the home. We will lend you the remaining 90% of the purchase price. The loan can consist of an interest-subsidised ASP loan and a supplementary loan.
  • The amount of an interest-subsidised ASP loan to be granted to you is 9 times the ASP savings if the loan amount calculated in this way will not exceed the maximum limit depending on your locality (see the section ASP loan features below).
  • The home serves as security for the loan up to 75% of the purchase price.
  • You can obtain a free of charge state guarantee up to 90% of the purchase price of the home. The state guarantee will be subject to a fee with regard to a supplementary loan.
  • You cannot take an ASP loan for buying a lot or a right-of-occupancy flat. In the case of a partially owned flat, you must own at least 50% of the shares.
  • The loan period is 10 to 25 years.
  • Customers under 18 years of age may not draw down an ASP loan.
  • You meet the normal credit-granting criteria when taking out the loan.

ASP account

  • You can start saving regularly for your first home by opening an ASP Account. The precondition for opening an ASP Account is that you are between 15 and 44 years of age. Persons between 15 and 17 years of age may only deposit income from work.
  • In addition to an annual 1% tax-free deposit interest, Nordea pays 4% additional interest on an ASP account for the account opening year and the next five years.
  • When you start saving in an ASP Account together with your cohabitant, both of you must be under 45 years of age. In the case of a marital spouse, he or she may be over 45.  
  • The first deposit must be at least 150 euros.
  • With an ASP account, you make quarterly deposits of 150–4,500 euros. The minimum number of quarterly deposits is eight, and they do not have to be in consecutive quarters.
  • The minimum saving time is about two years.
  • Once your 10 percent savings target is reach, we will lend you the remaining 90 percent to purchase a first home.

Example of an ASP loan and the annual percentage rate of charge (APR)

You can apply for a loan once you have saved 10% of the purchase price of your home.

See our example of an ASP loan

Repayment methods

Nordea offers several repayment methods for home loans. Choose the repayment method that suits you best.

Read more about the home loan repayment methods

State guarantee for a housing loan

A first home buyer may obtain a state guarantee for up to 90% of an interest-subsidised ASP loan.

Read more about the state guarantee for a housing loan

Prices

Home loan – prices

Common fees on home loans
BreakdownPrice
Arrangement fee*0,4 % kuitenkin vähintään 300 €
Increased arrangement fee for a loan with a third-party pledge or guarantee
The increase is not applied to interest-subsidised ASP loans		100,00 €
Partial drawdown30,00 €
Automatic debiting of repayments of loans drawn down before 1 February 2021, per debit2,30 €
Automatic debiting of repayments of loans drawn down after 31 January 2021, per debit
2,50 €

Adding FlexiPayment to a home loan in Netbank or mobile bank
(Adding FlexiPayment to an existing home loan always requires automatic debiting of loan payments, which is subject to a fee in accordance with the bank's tariff)

0,00 €

Adding FlexiPayment to a new home loan by an employee at a branch or by phone/with a message through Nordea Customer Service

0,00 €
Adding FlexiPayment to an existing home loan by an employee at a branch or by phone/with a message through Nordea Customer Service
(Adding FlexiPayment to an existing home loan always requires automatic debiting of loan payments, which is subject to a fee in accordance with the bank's tariff)
250,00 €
Advance notice of loan debiting by letter or through Netbank0,00 €
Loan payment, paper invoice4,10 €
Payment reminder to borrower, guarantor or third-party pledger (per reminder)5,00 €
Change to repayment schedule in Netbank or mobile bank150,00 € 
Change to repayment schedule by an employee at a branch or by phone/with a message through Nordea Customer Service250,00 €
Change to due date or loan-servicing account in Netbank or mobile bank (minor change to repayment schedule)
0,00 €
Change to due date or loan-servicing account at a branch or by phone/with a message through Nordea Customer Service (minor change to repayment schedule)
50,00 €
Change of borrower or a situation where one of the borrowers assumes liability for the loan alone. **200,00 €
Change to interest rate in Netbank or mobile bank250,00 €
Change to interest rate by an employee at a branch or by phone/with a message through Nordea Customer Service300,00 €
Change to margin by an employee at a branch or by phone/with a message through Nordea Customer Service250,00 €
Obtaining a guarantor’s or pledge owner’s consent to amend the loan terms and conditions, 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. **150,00 €
Sending credit documents. When a credit document is sent to another bank for obtaining a guarantee or a signature, the borrower is charged EUR xx, per sending (incl. VAT 24%). Does not apply to loans intermediated from government funds.30,00 €
Sending security documents to another bank 30,00 €
Certificate requested by the customer stating the amount of debt and paid interest10,00 €

Charges related to unsecured home loans drawn down after 1 September 2019

Payment reminder to borrower, guarantor or third-party pledger (per reminder)5,00 €
Transfer of a loan to another bank upon customer’s request. Charged to the receiving bank. **150,00 €
Certificate requested by the customer stating the amount of debt and paid interest10,00 €
*) Arrangement fee is charged in connection with the first drawdown and with a raise or renewal of a loan. 
**) Does not apply to loans intermediated from government funds.
Terms and conditions
Foreign currency credit
ASP-lainan ehdot 1.1.2023 alkaen

Home loan – prices

Common fees on home loans
BreakdownPrice
Arrangement fee*0,4 % kuitenkin vähintään 300 €
Increased arrangement fee for a loan with a third-party pledge or guarantee
The increase is not applied to interest-subsidised ASP loans		100,00 €
Partial drawdown30,00 €
Automatic debiting of repayments of loans drawn down before 1 February 2021, per debit2,30 €
Automatic debiting of repayments of loans drawn down after 31 January 2021, per debit
2,50 €

Adding FlexiPayment to a home loan in Netbank or mobile bank
(Adding FlexiPayment to an existing home loan always requires automatic debiting of loan payments, which is subject to a fee in accordance with the bank's tariff)

0,00 €

Adding FlexiPayment to a new home loan by an employee at a branch or by phone/with a message through Nordea Customer Service

0,00 €
Adding FlexiPayment to an existing home loan by an employee at a branch or by phone/with a message through Nordea Customer Service
(Adding FlexiPayment to an existing home loan always requires automatic debiting of loan payments, which is subject to a fee in accordance with the bank's tariff)
250,00 €
Advance notice of loan debiting by letter or through Netbank0,00 €
Loan payment, paper invoice4,10 €
Payment reminder to borrower, guarantor or third-party pledger (per reminder)5,00 €
Change to repayment schedule in Netbank or mobile bank150,00 € 
Change to repayment schedule by an employee at a branch or by phone/with a message through Nordea Customer Service250,00 €
Change to due date or loan-servicing account in Netbank or mobile bank (minor change to repayment schedule)
0,00 €
Change to due date or loan-servicing account at a branch or by phone/with a message through Nordea Customer Service (minor change to repayment schedule)
50,00 €
Change of borrower or a situation where one of the borrowers assumes liability for the loan alone. **200,00 €
Change to interest rate in Netbank or mobile bank250,00 €
Change to interest rate by an employee at a branch or by phone/with a message through Nordea Customer Service300,00 €
Change to margin by an employee at a branch or by phone/with a message through Nordea Customer Service250,00 €
Obtaining a guarantor’s or pledge owner’s consent to amend the loan terms and conditions, 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. **150,00 €
Sending credit documents. When a credit document is sent to another bank for obtaining a guarantee or a signature, the borrower is charged EUR xx, per sending (incl. VAT 24%). Does not apply to loans intermediated from government funds.30,00 €
Sending security documents to another bank 30,00 €
Certificate requested by the customer stating the amount of debt and paid interest10,00 €

Charges related to unsecured home loans drawn down after 1 September 2019

Payment reminder to borrower, guarantor or third-party pledger (per reminder)5,00 €
Transfer of a loan to another bank upon customer’s request. Charged to the receiving bank. **150,00 €
Certificate requested by the customer stating the amount of debt and paid interest10,00 €
*) Arrangement fee is charged in connection with the first drawdown and with a raise or renewal of a loan. 
**) Does not apply to loans intermediated from government funds.

Foreign currency credit

Consumers are not granted loans in any other currency than euro.

A housing loan is considered to be currency credit if the loan is granted in a foreign currency other than that of the EU Members State or the state of belonging to the European Economic Area where the consumer resides. Furthermore, a housing loan is considered to be foreign currency credit if the consumer receives his or her income in another currency of a state of the European Economic Area or in currency of a state of European Economic Area. 

A foreign exchange risk occurs when the borrower's income or assets to be used to repay the credit are not in the same currency as the credit or the credit is not in the currency of borrower's country of residence. A foreign exchange risk refers to the change in price of one currency in relation to another. During the loan period, the value of the credit or the monthly payment may increase in relation to the borrower's income or assets or the currency of the borrower's country of residence. 

If the foreign currency of the borrower's country of residence, income or assets falls by 20 per cent in relation to the euro, the borrower receives a warning that the borrower's loan amount will increase in borrower's national currency.

ASP-lainan ehdot muutuivat 1.1.2023

Keskeiset muutokset:​

  • ASP-säästösopimuksen teon yläikäraja nousi 39 vuodesta 44 vuoteen​
  • Yhteisen asunnon hankkiminen helpottui: kahden ASP-tilin käyttäminen yhteisen asunnon hankintaan nostaa korkotukilainan enimmäismäärää 50 prosenttia, kun molemmat asunnonhankkijat käyttävät kauppaan omat ASP-säästönsä. Korotus koskee aluekohtaisia korkotukilainojen enimmäismääriä.​
  • Valtiontakauksen enimmäismäärä nousi 60 000 €:n (ennen 50 000€)

Lue lisää ASP-järjestelmästä Valtiokonttorin sivuilta

Apply for loan online

Apply for loan online

Personal customers

Need help?