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Idea Loan

Idea Loan – your plans can be fulfilled easier

Idea Loan – your plans can be fulfilled easier
  • Loan for implementation of an idea by pledging one’s own real estate
  • Lower interest rate as compared to a consumer loan
  • Loan amount from € 10 000
Apply for a loan
See what I can afford

Idea loan benefits

  • Long repayment term – up to 20 years
  • Maximum loan amount up to 70% from your real estate market value
  • Repair, renovate or overhaul an existing property without reports and cash monitoring
  • Acquire another property, e.g. country house, summer cabin or land

Idea loan calculator

Idea Loan Calculator

EUR
EUR
?

The part of the cost which you are going to cover using your own funds.Tap to close

%
?

Provisional annual interest rate. You will be informed about the exact interest rate after submitting the form.Tap to close

%
years
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In case the Annuity repayment schedule is chosen your monthly credit payments will be the same throughout the credit repayment period. In case the Linear repayment schedule is chosen your monthly credit payments will be higher at the beginning of the repayment period and smaller at the end of the repayment period.Tap to close

Re-payment type

Monthly installment:

EUR
?

Your monthly loan payment consisting of principal and interest paymentTap to close

View payment schedule

How is my loan calculated?

Loan amount
EUR
Total interest paid
?

Total sum of interest payments paid during the loan period and calculated based on the annual interest rate.Tap to close

EUR
Loan agreement fee
EUR
Current account maintenance fee
?

Minimum fee for maintenance of current account according to the Bank pricelistTap to close

EUR
Mortgage registration in the land register
?

Land registry state fee and office fee payable to the state for mortgage registrationTap to close

EUR
Total repayment amount
?

Total repayment amount means the loan amount and the total cost of the loan (all the costs, including interest, fees and other costs which you are required to pay in connection with the loan agreement and which are known to the creditor, except for notarial costs, insurance, property valuation fee, registration fees for the transfer of ownership of the immovable property and any charges for non-compliance with the loan agreement).Tap to close

EUR
Annual interest rate*
%
Annual percentage rate (APR)
?

Annual percentage rate shows the total cost of the loan, expressed as an annual percentage of the total amount of the loan. The calculation takes into account all known costs, including interest costs, fees and other costs related to the loan, which you need to pay. Annual percentage rate allows you to objectively compare different loan offers.Tap to close

%
View payment schedule

The result is informative and based on an approximate calculation.
Creditor: Luminor Bank AS Latvian branch. The pledged property must be insured. Notary fees, property valuation and insurance costs are not known to the bank and are therefore not included in the annual percentage rate. The fulfillment of obligations under the loan agreement will be secured by the real estate mortgage.

This loan is for
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Your salary or other monthly income (pension, social benefits, grants, property income) received on the bank account. If you apply loan with a co-borrower or guarantor, please add your total income to the calculator.Tap to close

EUR
?

The sum of your monthly loan payments, including home loan, leasing, consumer loan etc. Do not include your daily living expenses here. Tap to close

EUR
?

Total remaining loan amount of your existing liabilities (mortgage, leasing, consumer loans and others) Tap to close

EUR
?

Number of children under 18 years or adults under legal custody in your household. Tap to close

LuminorLuminorLuminor

Your maximum credit amount:: EUR

Summary label for maximum monthly payment: EUR

The displayed result is informative and based on the approximate calculation.
Creditor: Luminor Banka AS Latvian branch. The pledged property must be insured. Notary fees, property valuation and insurance costs are not known to the bank and are therefore not included in the annual percentage rate of charge. The fulfillment of obligations under the loan agreement will be secured by a real estate mortgage.

Your maximum loan amount:
EUR
?

The displayed result is informative and based on the approximate calculation.Tap to close

Maximum monthly loan payment: EUR

Apply now Change
The displayed result is informative and based on the approximate calculation.
Creditor: Luminor Banka AS Latvian branch. The pledged property must be insured. Notary fees, property valuation and insurance costs are not known to the bank and are therefore not included in the annual percentage rate of charge. The fulfillment of obligations under the loan agreement will be secured by a real estate mortgage.

Payment schedule

Payment No.InstallmentInterest amountLoan repayment amountLoan balance

The path to your new home

Fill in the application and submit documents online

Receive a call from our advisor to guide you through the next steps

Get a loan offer and introduction to the loan details in a call with our advisor

Sign loan agreement remotely

As soon as transaction will be registered in land register, we will transfer money to your account

Apply for a loan

Requirements to apply

  • You are at least 21 years old
  • You have a regular monthly income of at least EUR 550
  • You have a combined monthly income of at least EUR 850 if you apply with a guarantor and you don’t have any dependents

Documents to apply

Useful links

Your property gives you new possibilities!

Apply for a loan now

See our other products

For renovation and property acquisition

 Learn more

Consumer Loan

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Housing Loan

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