Home energy-efficiency loan
A property-secured loan for homeowners improving an existing private house with insulation, heat-recovery ventilation or more efficient windows and doors.
Denne finansieringsmulighed er i øjeblikket beskrevet på engelsk.
You can finance insulation for all or individual parts of your house, heat-recovery ventilation, replacement windows and doors, heating controls and other energy-saving measures such as solar panels or LED lighting. The offer covers existing private houses, including semi-detached, terraced and country houses.
Borrow from €20,000, up to 85% of the value of the property pledged as security, with a term of up to 30 years. You repay the bank through agreed monthly instalments. The interest rate combines an individually assessed margin starting at 1.45% with six-month Euribor, a variable benchmark interest rate. Notary, valuation and pledge-registration costs and bank fees also apply.
Eligibility
- Your existing private house is used as security for the loan. No down payment is needed for this offer.
- Monthly income after tax must be at least €900, or at least €1,200 with a co-applicant.
- After the energy-efficiency renovation, send photos to the bank as proof. If you use the loan for another purpose, the bank may increase the interest rate to the individually agreed margin.
How to apply
- Status
- Løbende ansøgning
Plan the renovation and its cost, then submit the application through Swedbank’s Internet Banking site for a consultation. After consultation, arrange an appraisal of the property to be pledged by a certified real estate valuer, prepared for bank lending and submission to Swedbank, and receive the bank’s loan offer.
Sign the loan agreement in Internet Banking between 8 am and 9 pm and arrange or review home insurance. The bank disburses the loan after the property pledge is registered in the Land Register. Send the required photos once the renovation is finished.