Housing loan

Housing loan - Prices

Personal customer´s foreign currency credits

Prices related to security for loans

Early closure fees of premature repayments of loans

Terms and conditions

Terms and conditions of the loan (pdf, 57 KB)Opens new window

Terms and conditions of pledge (pdf, 255 KB)Opens new window

Terms and conditions of guarantee (pdf, 158 KB)Opens new window

Information for the pledger (pdf, 233 KB)Opens new window

Information for the guarantor  (pdf, 249 KB)Opens new window

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.

How to speed up the handling process of your housing loan application as another bank’s customer

Fill in your housing loan application and send us your salary certificate from the past three months via Nordea Omaposti.

If you are not a Nordea customer, we need to have your salary certificate from the past three months. If you are applying for a loan together with your spouse, for example, we need to have salary certificates, account transactions and loan details from both applicants. You can get the salary certificate from your employer.

After you have submitted your housing loan application, you can send us your salary certificates/other documents by logging in to Nordean Omaposti with your bank’s online banking codes. In OmaPosti, choose ‘Loans’ as the recipient of the message and write ‘Housing loan application/salary certificate’ in the subject field. Add documents from your computer as attachments to the message.