New solution on making improvements to your house! Do it energy efficiently (for example, insulate your house, install modern
heating or ventilation system or replace windows and doors) and you will get especially good loan conditions:
* Representative example: When a loan of 35 000 EUR is taken out for a period of 20 years, the applied
interest rate is 1.99% + 6 months EURIBOR, the monthly payment is 177.30 EUR, the loan disbursement fee is 420 EUR. Annual
percentage rate (APR) – 2.17%. Total amount repayable by the consumer – 42 969.97 EUR.
Loan and Insurance payment calculations are approximate and may differ from your personal offers. Home insurance and insurance against borrower's unemployment and incapacity for work insurance is provided by Swedbank P&C insurance AS. Life insurance is provided by Swedbank Life Insurance SE which are represented in Latvia by their branches and by the insurance agent Swedbank AS.
For improving of your existing private house (for example, private house, twin house, row house, country house), including works which improve energy efficiency, such as:
With the self-service feature, you can:
In other cases (applying for a grace period, prolonging the payment term, change or release of additional collateral), fill in the application.
The property being pledged requires an appraisal carried out by certified real estate valuator for loan collateral and intended for submitting to Swedbank.
Real estate can be appraised by real estate valuators approved by Swedbank. If the appraisal is performed by a valuation company not included in the list, Swedbank will verify the correspondence of the value to the market situation and to the Latvian Valuation Standard LVS-401.
Swedbank may review any external appraisal received (also ones by the approved valuators) and accordingly revise the market value stated there if it is not based on well-founded assumptions and does not represent the market situation at the time of valuation.
If you want your property to be valuated simply, conveniently and fast, let Swedbank valuators take care of that! Swedbank valuations are prepared in abbreviated form and are not suitable for presenting to other credit institutions and cannot be used for the needs of other individuals or legal entities. The fee for Swedbank valuations is charged according to the bank’s price list.
For the possibilities of obtaining real estate valuation from Swedbank, ask your financial consultant at the bank!
If you are planning to borrow less than 20 000 EUR for home improvement – we recommend taking a look on this loan conditions.
A home loan will be the perfect solution if you need a loan for a new home or construction.
Make smart purchases with the help of the Small loan.
A loan for purchasing and installing solar panels to produce electricity for your own needs.
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