Renovation loan - get offers from banks and choose the best one

Apply for unsecured renovation loan for up to €70,000. We make sure that you get the most affordable loan offers in our comparison.

Renovation loan calculator

Choose loan amount

€15,000

Choose loan period

5 years
€295/kk
Estimated monthly installment
  • FreeFree application
  • No commitmentsNo commitments
  • QuickLoan offers on the same day

Yleistiedot

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The loan period can be 1–20 years, the loan sum can be €1,000–€60,000, and the interest rate can be 4–20%. Example: If the loan sum is €15,000, the interest rate is 6 %, and the repayment period is 5 years, the setup fee is €0, the account management fee is €5/month, the monthly repayment is €295, the sum repayable is €17,700, and the annual percentage rate of interest is 6,92 %.
exclamation
The loan period can be 1–20 years, the loan sum can be €1,000–€60,000, and the interest rate can be 4–20%. Example: If the loan sum is €15,000, the interest rate is 6 %, and the repayment period is 5 years, the setup fee is €0, the account management fee is €5/month, the monthly repayment is €295, the sum repayable is €17,700, and the annual percentage rate of interest is 6,92 %.

Apply for unsecured renovation loan for up to €70,000. We make sure that you get the most affordable loan offers in our comparison.

What is a renovation loan?

Renovation loan is an unsecured loan you can apply for between 1,000 and 70,000 euros. The renovation loan period is 1–15 years. Finance small repairs or bigger renovation in our home or cottage with renovation loan.

Renovation loan €1,000–70,000

Whether you have a small or large renovation coming up, you can compare loans and finance it easily through Sortter.

Select the amount you would like to borrow, the loan period, and then send the application. We will help you to find a good load deal from banks and financial institutions for free.

  • Apply for renovation loan for up to €70,000.
  • Interest rate from 4%
  • Select the loan period between 1 and 15 years
  • You can apply for a loan without collateral or guarantors
  • The loan offers can arrive as quickly as just a few minutes
  • In many cases, the money will be paid to your account already the same day

Fill in a loan application, compare the banks’ offers and select a renovation loan. You can sign the loan agreement using your bank credentials, and the funds may be transferred to your account even during the same day. 

The loan agreement is concluded between you and the loan provider of your choice. The renovation loan is paid back in monthly instalments of equal amount. You may also pay it back more quickly and pay off prematurely without any extra cost.

Our customers' interest is the most important thing to us. Sortter follows the principles of fair loan comparison. We make sure that you get the most affordable loan offers in our comparison.

A fair loan comparison
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    A Fair loan comparison
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Get an offer for the interest rate too

Asking for an offer for a renovation loan can save you up to thousands of euros during the loan period, because the loan terms have differences too.

The prices and loan terms offered by banks often differ from each other, and from customer to customer. A bank that offer one person the cheapest renovation loan may not be the cheapest option for another. There are currently dozens of banks and financial institutions operating in Finland that offer very competitive interest rates to new customers. This is why you should compare the prices before taking out a loan. 

Compare renovation loans with Sortter

  • Safely – we cooperate with reliable banks
  • Free – getting offers for a renovation loan is free through us
  • Easily – you can reach dozens of loan providers with a single application

Your job is to help you find a renovation loan with the best possible terms. Banks and financing companies pay for our work, because they want to get their offers listed for you in our service. 

Comparing loans for a renovation loan through Sortter is free and you are not committed to anything if none of the offers are to your liking. 

Comparing renovation loans

Send an application easily online

Send an application easily online

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Compare loan offers

Compare loan offers

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Choose the best loan from the comparison

Choose the best loan from the comparison

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You will receive the money

You will receive the money

Unsecured renovation loan quickly to your bank account

With Sortter, you can get things done quickly, as an unsecured renovation loan will be processed in our system in a matter of minutes. Fill in the renovation loan application and select the best loan offer easily. The money will be available to you quickly – often the very same day.

Renovation loan with fair loan terms

Sortter follows the principles of fair loan comparison. You will receive lending decisions from all our partners with a single application, and you can select the cheapest option from all the offers you receive.

Typical renovation loan depends on the use

The amount of a typical renovation loan depends on what it is for. The price of a kitchen or bathroom renovation is usually between about 5,000 and 20,000 euros, depending on whether you only get new fittings or decide to get new household appliances. Renovating a living room or bedroom is typically cheaper, as you usually just improve the surfaces.

Through Sortter, a typical renovation loan is between 8,000 and 10,000 euros.

DIY or hire a professional?

Many people think they can save in renovation costs by choosing DIY. If you are handy enough, this may be a good idea – provided you have the time.

However, you should get a professional for anything more demanding. Especially any renovation that requires special expertise, such as wet rooms. This ensures a high-quality outcome and avoids any mistakes.

The work of a professional is also eligible for tax credit for household expenses, which will increase in 2022.

Compare renovation loans for free

Ensure renovation financing in good time

Once your renovation plans are ready and you have an idea how much it will cost, it’s time to ensure financing for it. You should also have a rough budget for it. If you’ve applied for a financing decision before starting work, you’ll ensure that there won’t be any surprises when it’s time to pay. 

If you have applied for a renovation loan in advance, you can easily pay for any supplies and equipment without having to use your credit card or other funds not earmarked for the renovation.

Renovation loan FAQ

  • When selecting a renovation loan, you should pay attention mostly on which bank offers the best deal. With Sortter, you can compare renovation loans for free and choose that bank that gives you the best offer. Once you choose a loan offer, the loan agreement is made between you and the bank.

  • The interest rate depends on the loan sum you are applying for, the loan period and the bank’s credit assessment. You put in just one application, and Sortter will find you the cheapest renovation loan from dozens or banks and financial institutions. The loan interest rate ranges between 4% and 20%. Often the interest is lower the higher the loan you are applying for.

  • You can pay back a renovation loan between 1 and 15 years. Use the loan calculator to select a suitable monthly instalment and select a repayment period so that you will not have any problems with it and will have enough money left for other things. 

  • When selecting a loan, pay attention to the annual percentage rate. The annual percentage rate factors in any loan opening fees and account management fees, making all offers comparable between the various loan providers. When you ask for offers through Sortter, we list the loan offers in price order for your benefit. This makes it easy for you to pick a good renovation loan quickly and easily. 

  • You can apply for a renovation loan when the following conditions are fulfilled:

    • You are over 20 years old
    • You have regular earned income or a pension
    • You have managed your finances without any problems

Sortter in media

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Good experiences about renovation loans

Our customers have good experiences about renovation loans, because applying for a loan through Sortter is so quick. Filling in a loan application is easy and the loan offers can be viewed directly in your mobile device.

Customers also give a good rating on Sortter’s comparison service: On a scale of 1 to 5, Sortter’s customer satisfaction survey received a general rating of 4.1. When customers were asked, on a scale of 0 to 10, whether they would recommend Sortter to their friends, the rating was 7.8.

Read our customers’ experiences of renovation loan and read about their good experiences of Sortter.

Compared loans

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This much we have compared loans during the past 30 days.

Financing offer tailored for you

When you use Sortter, banks and financing companies will submit their tailored offers for you to finance your renovation. 

We are a Finnish service and we compare the interest rates, expenses and other loan terms of banks and financial institutions for our customers – all with a single application. Your loan offers will be listed in order of price, and they loan terms are presented, clearly itemised, in each offer.

Send an application, study the offers and choose the cheapest one!

Which bank should I take a renovation loan from?

When selecting a renovation loan, you should pay attention mostly on which bank offers the best deal. With Sortter, you can compare renovation loans for free and choose that bank that gives you the best offer. Once you choose a loan offer, the loan agreement is made between you and the bank.