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Loan Calculator Finland
Free, 100% digital loan calculator
Calculate and save money with lower interest rates
Instant answers from up to 23 Finnish lenders
Recommended (EN Version)
Amount
EUR 1.000 – 70.000
Term
12-240 months
Interest rate
4-20%
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100% Free and without obligation
One application – several loan offers
*The loan term can be 1-20 years, the loan amount is €1,000–€70,000 and the interest rate is 4–20%. Example: When the loan amount is €15,000, the interest rate is 6%, the repayment period is 8 years, the opening fee is €0 and the account management fee is €5/month, the monthly installment is €202, the amount to be repaid is €19,404 and the annual percentage rate is 6.89%. Please note that the loan can also be repaid faster.
Amount
EUR 50 – 3.000
Term
1-24 months
Interest rate
23,86%
Verified Company
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Fast payout
*Example of loan repayment: The actual annual interest rate for a loan of 2000 euros is 23.86%. The calculation takes into account a nominal interest rate of 14.99%, loan management fee of 6 euros per month. The total amount of the loan and loan costs is 2238.12 euros, when there are 12 payment installments.
Amount
EUR 500 – 70.000
Term
12-240 months
Interest rate
4,19-20%
Verified Company
100% Free and without obligation
One application – several loan offers
*Loan example: €10,000 for 5 years, interest rate 12.6%, actual annual interest rate 14.9% and opening fee €95, account management fee €5/month, total €13,958 or €233/month.
Amount
EUR 1.000 – 4.000
Term
3-54 months
Interest rate
26,72%
Verified Company
Flexible Loan – Revolving Credit
One application – several loan offers
Loan example: €4,000, withdrawn at once. Loan interest rate 17.50% (current interest rate 2.50% + 15% nominal interest). Total loan costs €523.17, including a €12 monthly account management fee, the estimated total amount of the example loan is €1,000. €4,523.17, assuming that the credit is repaid over a 12-month payment period as follows: 1. €403.67, 2. €398.81, 3. €393.94, 4. €389.08, 5. €384.22, 6. €379.36, 7. €374.50, 8. €369.64, 9. €364.78, 10. €359.92, 11. €355.06, 12. €350.19. Actual annual interest rate: 26.72%, the above is an example calculation based on the assumptions valid at the time of the calculation and on the customer following the above payment plan.
Amount
EUR 1.000 – 70.000
Term
12-240 months
Interest rate
4,19-20%
Verified Company
100% Free and without obligation
One application – several loan offers
*The actual annual interest rate calculated for a €25,000 loan with a 10-year repayment period is 7.54%, if the interest and costs include: Annual interest rate 6.90%, monthly account management fee €5 and loan opening fee €0. The monthly installment for the €25,000 loan in the example is €293.98, including a total of 120 installments. The total amount of the loan, interest and costs in the above example is €35,278, of which the costs account for €600 and the interest account for €9,678.
Amount
EUR 1.000 – 70.000
Term
12-240 months
Interest rate
4,19-20%
Verified Company
Fast and Free
Up to 25 loan offers
The effective annual interest rate according to the Consumer Protection Act is 9.39% calculated for a loan amount of €15,000, with a repayment period of 8 years, an account management fee of €5, an opening fee of €30 and a nominal interest rate of 8.30%. The amount to be repaid is then €21,087, or €219/month. The effective annual interest rate on a credit card can be 18.97% calculated for a used loan of €1,500, with a repayment period of one year and a nominal interest rate of 17.50%. The amount to be repaid is then a total of €1,646, or €146 per month. The final effective annual interest rate, loan term and monthly loan instalment are in the loan agreement. Lenders make a loan agreement based on a customer-specific assessment. The nominal interest rate offered can vary between 4.19% and 20% and the annual loan costs between €0 and €150. The loan term offered varies between 1 and 20 years. The loan amounts offered range from €500 to €70,000.
Amount
EUR 5.000 – 60.000
Term
12-180 months
Interest rate
9,33-28,98%
Verified Company
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No collateral required
For example, a €14,000 loan with an interest rate of 13.99% (actual annual interest rate of 14.92%), the total price over an eight-year payment period will be €23,340, with a monthly payment of €243 (96 installments). (May 2025)
Looking to figure out your loan details in Finland? Our Loan Calculator Finland has got you covered. Whether you’re considering a personal loan, mortgage, car loan, or any other type of financing, this tool is here to make things straightforward. With just a few clicks, you can quickly find out your monthly payments, interest rates, and total loan cost.
Why not give our Loan Calculator Finland a try? Just enter the loan amount, term, and interest rate, and see all your loan options laid out in front of you. It’s a hassle-free way to compare loans and pick the one that suits your budget and future plans in Finland.
How to Use Our Loan Calculator
Using our Loan Calculator Finland is simple and intuitive.
Here’s how to do it:
- Loan Amount: First, type in the amount you wish to borrow. This could be for any purpose, from buying a new car to renovating your home.
- Loan Terms: Next, specify how long you’ll take to repay the loan. This duration could be in months or years, depending on what suits you best.
- Loan Purpose: Choose the reason you’re taking out the loan. It could be for buying a house, a car, or covering education costs, among others. This helps tailor the information to your situation.
Loan Example:
Imagine you want to finance a car purchase in Finland with the following loan details:
| Description | Values |
|---|---|
| Loan Amount | €10,000 |
| Loan Term | 8 years |
| Number of Monthly Payments | 96 months |
| Interest Rate | 10.76% (variable) |
| Annual Percentage Rate (APR) | 13.2% |
| Monthly Payment Before Tax | €207.25 |
| Total Credit Costs | €8,896 |
| Total Repayment Amount | €18,896 |
Understanding How Loan Calculators Work
Loan calculators are designed to provide quick and accurate estimates of loan-related payments and schedules. They are crucial for financial planning, allowing borrowers to foresee their future obligations.
At its core, a loan calculator takes key pieces of information, such as the loan amount, interest rate, and the loan term, and calculates the monthly payment and total repayment amount.
Key Components of Loan Calculators
Loan Amount: This is the principal amount you wish to borrow. It’s the baseline figure from which all other calculations are made.
Interest Rate: This percentage dictates how much extra you will pay on top of the loan amount. It can vary widely based on loan type and creditworthiness.
Repayment Period: This refers to the length of time over which the loan will be repaid. It can affect both the total cost of the loan and the size of each monthly payment.
Monthly Payment: One of the most crucial outputs of a loan calculator. This is how much you’ll need to pay each month. It’s calculated based on the loan amount, interest rate, and repayment period.
Total Repayment Amount: This is the sum of all payments over the life of the loan, including interest. It gives a complete picture of the cost of the loan.
Tips for Foreigners Seeking Loans in Finland
For foreigners seeking loans in Finland, navigating the local financial environment can be challenging. Here are some tips to help you through the process:
- Understand the Requirements: Familiarize yourself with the specific requirements for foreigners to obtain a loan in Finland. Typically, you’ll need a Finnish personal identity code, proof of income, and a stable employment history.
- Build a Local Credit History: Establishing a good credit history in Finland can significantly improve your chances of loan approval. Start with smaller forms of credit and ensure timely payments to build your profile.
- Compare Offers: Don’t settle for the first loan offer you come across. Compare rates, terms, and conditions from various Finnish lenders to find the best deal.
- Consider a Guarantor: If you’re new to the country, having a local guarantor can enhance your loan application. This shows lenders that there’s less risk involved in granting you a loan.
- Stay Informed About Tax Implications: Be aware of the tax implications associated with your loan, as these can affect your overall financial planning.
By following these tips and doing thorough research, foreigners can increase their chances of securing a loan in Finland, enabling them to finance their needs effectively.
FAQ
Frequently Asked Questions
A loan calculator is an online tool that helps you determine your monthly loan payments, total interest paid, and the overall cost of the loan based on the loan amount, term, and interest rate.
Enter the loan amount, loan term in years or months, and the interest rate into the calculator. It will then provide you with details on your monthly payments, total interest, and loan repayment amount.
Yes, the loan calculator can be used for various types of loans, including personal loans, mortgages, and car loans, as long as you input the correct details.
The calculator provides an estimate based on the information you provide. The exact amount can vary depending on additional fees or changes in the interest rate.
Yes, loan calculators are typically free to use and provide instant results to help with your financial planning.
