Limited Offer! Apply now and make withdrawals for the first 30 days with 0% interest.
No signing fee!
Limited Offer! Apply now and make withdrawals for the first 30 days with 0% interest.
Fast application
It takes just a minute to apply, get a reply in real-time
Affordable interest
Loans starting from 9.9% depending on your credit capacity
No down payment
Get your money without paying anything upfront
Reduce payments
Convert your loan to credit line for smaller payments
It's easy as 1, 2, 3
1
Apply
Choose a loan, then fill in your contact info and some financial details. It takes just a minute.
2
Receive offer
We’ll review your application in real time and send you a personalized offer.
3
Receive money
Sign the contract and receive the funds straight to your bank account.
About ESTO loans
Frequent questions
What is a renovation loan and what can it be used for?
A renovation loan is a flexible consumer loan that helps you quickly finance all your home renovation costs. It is ideal if you need to make minor updates, but it is also a good solution if you have a larger renovation project ahead of you. A renovation loan can be used, for example, to buy new kitchen furniture, renovate a bathroom, modernize living spaces, or improve the energy efficiency of your home by replacing windows, heating systems, or ventilation. The loan is earmarked for a specific purpose, but is flexible enough to cover all the costs necessary to complete your project.
Who can apply for a renovation loan?
You can apply for an ESTO renovation loan if:
- you are between 19 and 70 years old at the time of application
- your permanent or main place of residence is in Estonia
- you have a regular income in Estonia
- you have no active payment defaults or previous serious payment delays
- your income and obligations are balanced, allowing you to repay the loan regularly
If these conditions are met, we can be sure that you will receive a loan solution that is suitable for your situation and responsible.
- you are between 19 and 70 years old at the time of application
- your permanent or main place of residence is in Estonia
- you have a regular income in Estonia
- you have no active payment defaults or previous serious payment delays
- your income and obligations are balanced, allowing you to repay the loan regularly
If these conditions are met, we can be sure that you will receive a loan solution that is suitable for your situation and responsible.
How large can the loan amount and repayment period be?
With a renovation loan, you can choose either a smaller loan amount for quick renovation work or a larger amount that will allow you to make major changes to your home. The loan amount and term depend on your creditworthiness and the terms offered by the lender.
In general, the loan period is up to 120 months. A longer period means lower monthly payments, while a shorter period means lower total costs. To get the best offer, contact our customer support, who will help you create a payment schedule that suits your budget.
In general, the loan period is up to 120 months. A longer period means lower monthly payments, while a shorter period means lower total costs. To get the best offer, contact our customer support, who will help you create a payment schedule that suits your budget.
Is collateral or a guarantor required to apply for a renovation loan?
No, a renovation loan is an unsecured consumer loan. This means that you do not need to take out a mortgage, find a guarantor, or provide additional collateral. All you need is a stable income and a good credit history. An unsecured consumer loan makes applying for a loan quick and convenient – the entire process is digital, and the decision, which is made quickly, is based on your creditworthiness.
How can I use a renovation loan to renovate my home?
A renovation loan is an unsecured loan that allows you to make minor repairs to your home, but if the loan amount exceeds 1 000 EUR, it is also possible to carry out larger renovation works. The loan period is determined before the contract is signed and generally ranges from 6 months to 10 years.
What are the credit cost rate, interest, and other fees for consumer loans?
All exact costs and fees are shown in the payment schedule presented before the agreement is concluded. The interest rate on consumer loans is fixed for one year. The interest rate depends on the specific loan product selected and the loan amount.
What is the total amount of credit?
The total amount of credit is the total amount that the borrower must repay at the end of the loan agreement, i.e. the actual total cost of the loan. It includes the principal amount of the loan, interest for the entire period, and all fees related to the agreement (e.g., agreement fee, administration fee, or other possible costs).
How quickly is the loan decision made and when will the money reach my account?
Your renovation loan application will be reviewed in real time and you will receive a response within a few minutes. If the decision is positive, the agreement will be signed digitally and the money will be transferred to your account. Submitting a renovation loan application is free of charge, and the entire loan application process is designed so that you can start your renovation plans as soon as possible, without having to wait long.
What documents are required to apply for a renovation loan?
To apply for a renovation loan, simply log in to the ESTO portal, verify your identity, and then submit some financial information. You will usually receive a response to your application within a few minutes.
Can a renovation loan only be used to renovate your own property?
No, a renovation loan can be used for renovating any property.
Can I apply for an ESTO renovation loan if I have another ESTO consumer loan to repay?
Yes, you can apply for several consumer loans at once from ESTO. The exact terms of the loan and your borrowing capacity will be determined after you submit your application.
Can the loan be repaid early and are there any additional costs involved?
Yes, if you wish, it is possible to repay your renovation loan early. To do so, you must log in to the ESTO self-service environment and add the final balance displayed in the system to the repayment amount field. You will not have to pay interest on unused credit in the future.
How are monthly loan payments made?
Monthly payments are made according to the payment schedule drawn up when the loan agreement is concluded. Monthly payments can be made via ESTO's self-service portal, where you can also make separate early repayments.
If you wish, you can also make payments by transfer from your home bank. We will send you a monthly summary invoice for all ESTO agreements. The details can be found on the summary invoice sent to you.
If you wish, you can also make payments by transfer from your home bank. We will send you a monthly summary invoice for all ESTO agreements. The details can be found on the summary invoice sent to you.
What happens if you have temporary payment difficulties, are late with your loan payments, or fall into arrears?
If you experience temporary payment difficulties, please contact ESTO customer support immediately at [email protected] to find a suitable solution. If possible, we offer the option of extending the loan repayment period, reducing the monthly payment amount. It is also possible to apply for a payment holiday of up to three months.
How can I view my loan balance, schedule, and payment history?
All information related to your loan is available in the ESTO self-service environment, where you can view your loan balance, payment schedule, payments made, and upcoming payments. In addition, you can submit applications, for example, for early repayment or a payment holiday, if necessary. The environment is convenient and you need Smart-ID, Mobile-ID, or an ID card to log in.
Is applying for ESTO secure?
Yes. ESTO uses secure data processing and authentication tools (e.g., Smart-ID, Mobile-ID, ID card, or password to access self-service) to ensure the protection of customer data and secure application submission. More detailed information about privacy and security can be found on the ESTO website.
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How monthly payment is calculated
Loan amount
500 €
Period
12 months
Contract signing fee
0 €
Monthly management fee
2.90 €
Interest
7.90 %
Annual interest rate (APR)*
22.20 %
Total amount payable
556.44 €
Monthly payment
46.37 €
* APR (Annual Percentage Rate) is the percentage of the total cost of the loan, including loan interest, contract fee and other costs payable for granting the loan.