HomeFlex

The former HomeFlex loan (AsuntoJousto) no longer sold. It is replaced by the new HomeFlex loan (KotiJousto) with which you can release your home equity for realising your plans.

Prices for HomeFlex
Consumer Credit Information
Foreign currency credit

HomeFlex Prices

HomeFlex
ItemisationPrice
Opening fee, loan renewal or changing borrower100,00 €
250,00 €
Automatic debiting of a loan payment / per withdraw2,30 €
Loan payment, paper invoice
4,10 €
Minor change of the repayment schedule0,00 €
Interest paid on HomeFlex loan and account Nordea Prime + 2,50 %
Interest paid on HomeFlex loan and account,  agreements signed before 31.8.2019. *Nordea Prime + 2,20 %

Interest paid on HomeFlex loan and account, agreements signed before 24 October 2013

Nordea Prime + 1,90 %
Interest paid on HomeFlex loan and account, agreements signed before 16 November 2012Nordea Prime + 1,60 %
Interest paid on HomeFlex loan and account, agreements signed before 1 September 2009
Nordea Prime + 1,40 %

*With a loan amount of 50.000 euros, a loan period of 10 years and an interest rate of 3.10 % (Nordea Prime 0,55 % + 2.50%), the loan’s annual percentage rate of charge would be 3.2 %. The opening expenses included in the annual percentage rate of charge are the opening fee of 100 euros and the fee of 2.30 euros per month for the automatic debiting of loan payments.  The total amount of the credit and the credit servicing costs is 65 872 euros and the number of installments is 120.

Fee Information Document / HomeFlex Account (pdf, 118 KB)Opens new window

Standard European Consumer Credit Information

To make comparing easier, the applicant has the right to receive the key information on the credit on a Standard European Consumer Credit Information form before signing the credit agreement. The information on the form may be calculated with the details given by the customer or on typical values. The form on this page is calculated with typical values, which means that a typical euro amount for this credit type is applied.

The form specifies the lender's contact information, the main features of the credit product, the costs, other important legal aspects and, if needed, the additional information required for distance selling. The information on the form may be binding or unbinding on the lender. A binding form requires a positive credit decision.

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.