FlexiPayment brings flexibility to loan repayment

• You can decrease or increase the amount of your next instalment without asking the bank’s permission for it.
• FlexiPayment is suitable for both long-term and temporary changes of monthly payments eg for the duration of your parental leave or summer holiday. 
• You can easily change the instalment amount in mobile bank or Netbank every month when the instalment appears in your upcoming payments. 
• You can add FlexiPayment to a new loan as well as to an existing one. 
  • If you want to add FlexiPayment to your housing loan, you can easily apply for it online.
  • If you want to add FlexiPayment to your secured consumer credti, olease call Nordea Customer Service.
• If you are not sure if you already have FlexiPayment linked to your loan, you can check it in your loan details in mobile bank or Netbank.

Check if you have FlexiPayment available

Using the free-of-charge FlexiPayment is the easiest way to take an instalment-free period.

1. Check in Nordea Mobile or Netbank if FlexiPayment is attached to your loan. FlexiPayment allows you to have an instalment-free period right away. This information is included in your housing loan details, which you can view in Nordea Mobile or Netbank.
2. If FlexiPayment is not attached to your loan, you can add it by applying for a change to your loan. 
3. If neither of the above-mentioned options is suitable for you, you can apply for an instalment-free period for your loan. The easiest way to apply is to do it in Nordea Mobile or Netbank. We apply normal credit-granting procedures to FlexiPayment and instalment-free periods. See more detailed instructions for instalment-free periods.

How to use FlexiPayment in Nordea Mobile

• You can see the next monthly payment of your loan in Nordea Mobile 14 days before the due date or earlier.
• You can change the instalment by selecting ‘Payments’ and then ‘Upcoming’. You need to make the change by 23.00 on the day preceding the original due date of the payment. If the original due date of the monthly payment is on a Saturday and the debiting is automatically postponed until Monday, please note that you need to make the change by 23.00 on Friday. If the original due date of the monthly payment is on a Sunday and the debiting is automatically postponed until Monday, you need to make the change by 23.00 on Saturday.
• Choose the instalment you want to change and tap ‘Edit’.
• Change the repayment amount and tap ‘Continue’. The app will tell you if the repayment amount is too small and you need to edit it.
• To check the smallest possible repayment, select ‘Overview’ and scroll down to ‘Loans’ to select the loan you wish to edit this month. You can see the mandatory minimum repayment amount on the ‘Next payment’ tab.
• Finally, confirm the change. If you don’t confirm the change, the monthly payment will not be paid. You can also confirm the change under unconfirmed payments.

How to use FlexiPayment in Netbank

• You can see the next monthly payment of your loan in Nordea Netbank 14 days prior to the due date, at the latest.
• You can check the FlexiPayment amount available to you by choosing the loan under Finances > Loans. The available amount is shown in the details of the next payment in the ‘Minimum FlexiPayment’ field.
• To change the repayment, click ‘Overview’ from the top menu and then ‘Upcoming payments’ in the ‘Payment status’ box in the top right corner. You need to make the change by 23.00 on the day preceding the original due date of the repayment. If the original due date of the repayment is on a Saturday and the debiting is automatically postponed until Monday, please note that you need to make the change by 23.00 on Friday.
• If the original due date of the repayment is on a Sunday and the debiting is automatically postponed until Monday, you need to make the change by 23.00 on Saturday.
• Under your upcoming payments, click the three dots beside the monthly loan payment and select Edit.
• Change the repayment amount and confirm the payment. 
• When you are notified that the payments are confirmed, click OK.
• If you first select Save, remember to confirm the change separately. If you do not confirm the change, the monthly payment will not be paid.