Consumer loan, Car loan
Agreement fee1.5% of loan amount, min. €60
Change of loan monthly payment date€50

You need a payment account in Luminor to conclude a loan agreement. Information on charges and commission fees related to the opening and use of the payment account is available here.

The total cost of consumer loan APR (annual percentage rate) calculating example:
If you receive a EUR 3 000 loan over a 5 year period, the total amount of your payment is EUR 4 124, monthly payment EUR 66.73, and the total annual percentage rate 14.43%. These calculations are carried out under the following assumptions: annual interest rate – 12%, the loan is repaid with annuity method, the loan agreement fee is EUR 60, minimum banking package fee EUR 1 per month.

Housing loan, Idea loan (Loan with collateral)
Agreement fee0.5% of loan amount or additionally disbursable amount, min. €200
Agreement amendment fee (1)€200
Change of loan monthly repayment date or loan repayment account€50
Commitment fee if loan disbursment exceeds 2 calendar months period from loan agreement sign-off date0.6% of unused part of the loan per year
Early loan repayment if interest rate is floatingFree
Early loan repayment if interest rate is fixed for longer than 12-month termThe fee is calculated according to the formula (2) if the fee is not set in loan agreement
Note for re-pledge assets to another credit institution€150
Bank's approvals to state institutions and consents related to the property encumbered in favor of the Bank€35
Issue of copies of agreements or other documents€6 per agreement
Fee for "Rent to Buy" guarantee note€100
Additional fee for the note on Customer's request, issued during not more than 3 working days€15

(1) For example, changes in payment schedule (excluding change of loan monthly repayment date), waiver of the part of mortgage, loan issuance conditions, loan currency etc. Agreement amendment fee for Private Banking customers is 0.5% of the current loan balance, min. EUR 200.

In case the interest rate under the agreement is fixed for longer than 12-month term and its validity is terminated as a result of changing the terms and conditions of the agreement, then an additional fee is applied which is equal to the early repayment fee applied to loans with interest rate fixed for longer than 12-month term (see “Early repayment fee”). In such cases, the calculation of the fee is based on the loan amount with the changed terms and conditions but not on the pre-paid loan amount. The validity of the interest rate fixed for longer than 12-month term is considered to be terminated in the following cases:
- the interest rate fixed for longer than 12-month term is changed into the interest rate changed on a 3, 6 or 12 month basis;
- the interest rate fixed for longer than 12-month term is changed into a lower interest rate fixed for longer than 12-month term;
- the loan currency is changed;
- the effective period of the interest rate fixed for longer than 12-month term is shortened;
- the loan amount provided by the agreement is reduced (or the entire loan amount is not drawn-down).

(2) The fee is calculated by the Bank losses due to early repayment. The fee is calculated according to the formula: I = (ratio K * P),
where I – early repayment fee;
P – loan amount being repaid early;
Ratio K – value calculated by the Bank which depends on the financial market interest rates change, the rest of the period to a fixed rate expiry of the loan agreement and the final repayment date. Ratio K can be calculated using dedicated calculator on Bank's website.

Home flex loan (new loans are not issued)
Agreement amendment fee€200
Annual default interest4% above loan interest rate, but not less than 16% of overdue amount
The note for re-pledge assets to another credit institution€120
Bank’s consent related to the property pledged to the Bank€35
Additional fee for the note on customer's request, issued during not more than 3 working days€15
Notification on loan agreement period ending€2.90 per mailing
Overdraft (new overdrafts are not issued)
Agreement amendment fee€30