The right amount of home loan for your budget is based on your monthly income and expenses. Your savings will be taken into account too.
For a home loan, you need savings or other collateral equivalent to at least 5% of the purchase price of the home. For an ASP loan, the required amount is 10%.
Any additional collateral available affects how much you could borrow.
From the calculator, you can conveniently move on to fill in and submit your home loan application. We will then book you an appointment for a loan negotiation. After the loan negotiation, you will receive a preliminary loan offer from us with detailed information on how much you could borrow.
You can cancel a loan by notifying us within 14 days of the date on which you received the loan agreement.
You can find the cancellation function in Nordea Mobile and Netbank under “Manage loan” in the loan details. Include the number of the loan you wish to cancel in the request, and if you have drawn down any of the loan, state the repayment date and the debiting account. If you don’t have Nordea access codes, you can send us the cancellation request through Nordea Omaposti.
We will send you a message to confirm that we have received your cancellation request.
Example calculation: You take out a loan of 160,000 euros. The loan period is 23 years and the interest rate is 3.21% (March 2026). The APR is 3.4%, including an opening fee of 640 euros and a monthly fee of 2.50 euros for the automatic debiting of loan payments. The number of payments is 276. The total amount of the loan and loan costs is 228,767 euros. The monthly payment (annuity) is 824 euros.
The amount of the loan, the loan period and the interest are a representative example for the home loans offered by Nordea. Please note that the example calculation above is indicative and does not necessarily correspond to the actual APR on the loan that you will be granted.
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