• Real estate loan

• Amounts starting from 1300 euros
  • Maximum loan amount up to 70% of the value of real estate collateral

• Interests constitute starting from 7% of the loan amount per year

• Loan maturity:
  • up to 15 years with monthly payments
  • up to 2 years if a lump sum payment for the entire loan amount is paid at maturity, there are no monthly payments

• Possibility to establish a residual value of up to 70% of the loan amount

Sample payments when repaying the loan with a single payment at the end of the period (no monthly payments)*
	2 months			2 yearS
Credit amount	Monthly payment	Interest	Final payment	Monthly payment	Interest	Final payment
EUR	EUR	EUR	EUR	EUR	EUR	EUR
1300	0	30	1300	0	364	1300
3000	0	70	3000	0	840	3000
6000	0	140	6000	0	1 680	6000
10 000	0	233	10 000	0	2 800	10 000
12 000	0	280	12 000	0	3 360	12 000
15 000	0	350	15 000	0	4 200	15 000
20 000	0	467	20 000	0	5 600	20 000
25 000	0	583	25 000	0	7 000	25 000
30 000	0	700	30 000	0	8 400	30 000
40 000	0	933	40 000	0	11 200	40 000
100 000	0	2 333	100 000	0	28 000	100 000
130 000	0	3 033	130 000	0	36 400	130 000

Sample payments when repaying the loan with monthly payments, 70% of the principal amount at the end of the period*
	6 months	1 year	2 years	3 years	4 years
Credit amount	Monthly payment	Monthly payment	Monthly payment	Monthly payment	Monthly payment
EUR	EUR	EUR	EUR	EUR	EUR
1 300	86	43	25	19	16
3 000	198	100	57	43	37
6 000	396	199	114	87	73
10 000	660	332	189	144	122
12 000	793	398	227	173	147
15 000	991	498	284	217	184
20 000	1 321	664	378	289	245
25 000	1 651	830	473	361	306
30 000	1 981	996	568	433	367
40 000	2 642	1 328	757	577	490
100 000	6 604	3 320	1 892	1 444	1 224
130 000	8 586	4 316	2 460	1 877	1 592

Real estate loan with no monthly payments

• there are no monthly payments, the interest is paid at the beginning of the loan, repaying the loan takes place as a single payment at the end of the period

• amounts starting from 1,300 euros

• interests constitute starting from 14% of the loan amount per year, depending on the loan period. Examine the bullet-schedule here.

• loan maturity 2-24 months.

Real estate loan with monthly payments

• amounts starting from 1,300 euros

• interests constitute starting from 7% of the loan amount per year

• loan maturity 6 months to 15 years

  • use the loan calculator to calculate the approximate monthly payment

• residual value of up to 70% of the loan amount

  • possibility to establish a residual value to be paid at maturity as a single payment and the rest in monthly payments

  • when the schedule expires, it is possible to prepare a new schedule for the principal amount left at the end

Applying for a loan

• for applying, fill in the loan application, submit necessary documents and our loan specialist will contact you soon

• necessary documents:

  • loan application

  • an identity document of the loan applicant Estonian citizen's, alien's or foreign citizen's passport, ID Card, Estonian driving license, a seaman's discharge book or a certificate of record of service on Estonian ships

  • a valuation report compiled by a real estate appraiser accepted by BIGBANK

  • a certificate proving that there are no utility arrears

• available all over Estonia:

  • from the BIGBANK branch offices or the post offices of Eesti Post

  • at the Internet www.bigbank.ee

  • by telephone 1333

• loan contracts can be signed at our branches, the internet bank or post offices all over Estonia.

Collateral

• dwellings are accepted as collaterals for the loan

  • the collateral has to be appraised beforehand by a real estate appraiser accepted by BIGBANK

  • the collateral has to be insured in an insurance company accepted by the credit provider

  • the collateral has to be kept under insurance protection during the whole loan period. The size of the insurance payment depends on the selected insurance company and conditions.

The maximum possible loan amount depends on the solvency of the applicant and on the market value of the real estate used as collateral for the loan. If the required loan amount is larger than the value of the real estate, you still should contact or loan specialists in order to find a solution suitable for you together.

Premature termination of the loan contract is possible at all times and does not bring along additional costs. As an exception, only in case of prematurely terminating a real estate loan with monthly payments, the payment of a service fee in the extent of the interest payments of up to 6 months has to be paid.

Attention!

Before taking a loan, examine the loan conditions thoroughly and consult our specialists if necessary.

For the purpose of simplifying making choices and decisions in complicated areas such as banking, insurance and investing, the specialists of the Financial Supervision Authority have launched the consumer website minuraha.ee, which is meant for you - a daily consumer of financial and insurance services.