Payment by installments
General Terms and Conditions for payments by installments
- Repayment period 6 months to 10 years.
- Interest rate from 7.9% per annum calculated on the monthly balance.
- There is no contract signing fee, and early termination of the contract is free of charge.
- All persons permanently residing in Estonia between the age of 20 and 75 can apply for payments by instalments.
- The applicant must have sufficient solvency to perform the obligation and must not have any outstanding payment defaults.
Installments in a few easy steps
1
Order the service
Submit us your service order or ask for a quote.
2
Indicate that you wish to pay in monthly installments
When signing up for the service, tick that you would like to receive a quote for monthly payments or choose installment payment as the desired payment method.
3
Check out the offer and submit an application
We offer you a solution based on monthly payments.
4
Sign the contract
You can enter into a contract for the exact amount you need. If you wish, you can make an initial down payment.
Detailed terms and conditions
You can apply for monthly payments for works and projects costing between € 300 and € 25,000:
- initial down payment from € 0;
- contract conclusion fee € 0;
- contract management fee of 0.1% of the credit amount;
- contract period 4-120 months;
- contract interest from 7.9%;
- The initial down payment is paid after the contract is concluded;
- The first installment is due in the month following the handover-acceptance of the works.
- early termination of the contract with no additional charges.
You qualify for monthly payments if you are an Estonian citizen or legal resident of at least 20 years of age, your monthly net income is at least € 280 and you duly perform your financial obligations. The total amount we can allow you for monthly installments depends on your monthly income and liabilities.