Joustorahoitus

Joustorahoitus can be a convenient form of finance when you are looking to renovate your house or holiday home.

Transfer money to your bank account in OmaLuotto service

Finance on everything from products to services

Joustorahoitus can be suitable for financing all equipment, recreational products and construction and renovation projects. It can also be a good solution for paying your medical expenses, dental care or plastic surgery. 

  • You can apply for Joustorahoitus when making purchases at a store that offers Joustorahoitus. Once your application is approved, you can go ahead and make your first purchase.
  • Get a loan up to 25,000 euros.
  • No annual fee.
  • Repayment period of up to 7 years.
  • Available to any bank’s customers.
  • No down payment, guarantors or security required.

 

Joustorahoitus is a tool for many purposes

You can apply for Joustorahoitus in the stores of our merchant partners.

When you find a suitable product, ask whether you can get a Joustorahoitus solution from the merchant. You can agree on a suitable loan amount and repayment period with the merchant and get the credit decision instantly. 

Here are some examples of what you can finance with Joustorahoitus:

  • Air source heat pumps
  • Solar panels
  • Bikes and electric bikes
  • Used cars and all-terrain vehicles
  • Window renovations
  • Roof renovations
  • Kitchen fittings, cabinets and countertops
  • Construction and renovation products and services
  • Motorhomes and caravans

Pay back in instalments suitable for you

When applying for Joustorahoitus, you can agree on a monthly payment that suits you (between 1.7 % and 10 % of the highest credit amount used). When you receive the invoice, it is up to you to decide if you want to pay the minimum instalment, the total amount or something in-between.

The interest rate on Joustorahoitus is the 3-month Euribor added with 4.7–12.0 percentage points (variation range).  For example, when the nominal interest is the 3-month Euribor (April 2023) + 8%, the annual percentage rate of charge on 5,000 euros of outstanding credit is 17,7 % and the price of credit is 5,455 euros, or when the nominal interest is the 3-month Euribor (April 2023) + 12.0%, the annual percentage rate of charge on 5,000 euros of outstanding credit is 22,3 % and the price of credit is 5,567 euros. The calculation includes the monthly account management fee of 12.50 euros. Joustorahoitus is a continuous credit facility which is valid until further notice. The credit limit is 1,000–50,000 euros. The credit is granted by Nordea Finance Finland Ltd, Aleksis Kiven katu 9, Helsinki.  

Manage your Joustorahoitus in OmaLuotto

As a Joustorahoitus customer, you have the access to Nordea Finance’s OmaLuotto service, where you can for example transfer money to your account and change the due date.

As a Joustorahoitus customer you can use Nordea Finance's self service OmaLuotto. OmaLuotto is easy to use in mobile and you log in with your own bank's bank ID, so you don't need Nordea Bank's bank ID to use OmaLuotto. 

There is no opening fee for taking OmaLuotto into use. Read more about OmaLuotto.

Further purchases on credit

Continuous credit account with no card

Joustorahoitus is a continuous credit account. Once Joustorahoitus has been granted, it continues to be valid; repaying the credit creates available balance on the credit account for you to use again however you like. 

The credit account does not include a card, but you can make further purchases within the available funds in stores that offer Joustorahoitus. The available balance does not cost you anything; you are only charged interest and account management fees for the credit you have used. 

Prices for credit issued before 1.9.2019

Prices for credit issued before 1.9.2019

Prices for credit issued before 1.9.2019
 Account management fee EUR 7 per month
Interest rate 
3-month Euribor + 6 %
Possible opening fee
EUR 50 €

The interest rate on Joustorahoitus is the 3-month Euribor added with 4.7–12.0 percentage points (variation range).  For example, when the nominal interest is the 3-month Euribor (June 2020) + 8%, the annual percentage rate of charge on 5,000 euros of outstanding credit is 13.9% and the price of credit is 5,361 euros, or when the nominal interest is the 3-month Euribor (June 2020) + 12.0%, the annual percentage rate of charge on 5,000 euros of outstanding credit is 18.4% and the price of credit is 5,472 euros. The calculation includes the monthly account management fee of 12.50 euros. Joustorahoitus is a continuous credit facility which is valid until further notice. The credit limit is 1,000–50,000 euros. The credit is granted by Nordea Finance Finland Ltd, Aleksis Kiven katu 9, Helsinki.   

Price for credit issued from 1.9.2019
Vendors
Terms

Prices for credit issued before 1.9.2019

Prices for credit issued before 1.9.2019
 Account management fee EUR 7 per month
Interest rate 
3-month Euribor + 6 %
Possible opening fee
EUR 50 €

The interest rate on Joustorahoitus is the 3-month Euribor added with 4.7–12.0 percentage points (variation range).  For example, when the nominal interest is the 3-month Euribor (June 2020) + 8%, the annual percentage rate of charge on 5,000 euros of outstanding credit is 13.9% and the price of credit is 5,361 euros, or when the nominal interest is the 3-month Euribor (June 2020) + 12.0%, the annual percentage rate of charge on 5,000 euros of outstanding credit is 18.4% and the price of credit is 5,472 euros. The calculation includes the monthly account management fee of 12.50 euros. Joustorahoitus is a continuous credit facility which is valid until further notice. The credit limit is 1,000–50,000 euros. The credit is granted by Nordea Finance Finland Ltd, Aleksis Kiven katu 9, Helsinki.