ASP loan

The key to your first home

  • An ASP account gives you an additional benefit as interest bonus on the savings
  • A state guarantee for home loan, which means that you may not necessarily need additional collateral
  • Loan possible through savings on the ASP account

Apply for an ASP loan

Information about the loan

  • Basic features

    Basic features

    An ASP loan is part of the ASP system, intended for buying your first home. You are entitled to an ASP loan if you have opened an ASP account and accumulated money for your first home according to plan. When you buy the home and the terms of the ASP savings agreement are met, you get a state guarantee for the home loan, the basic interest rate of 1% from Danske Bank and an interest bonus of 4% for your savings.

    Read more about the ASP account and its terms: ASP account

  • Terms of an ASP loan

    Terms of an ASP loan

    An ASP loan consists of a subsidised-interest loan and a possible additional loan. The statutory maximum amount of the subsidised-interest loan depends on the municipality where the home is located.

    Municipality of dwelling, maximum loan amount/€

    • Helsinki, 180,000
    • Espoo, Vantaa and Kauniainen, 145,000
    • Other municipalities, 115,000

    • With the interest subsidy, you are protected against potentially increasing interest levels. The state subsidises your loan interest by 70% for the part in excess of 3.8% during the first 10 years of the loan
    • The interest subsidy and loan term for the additional loan are agreed separately for each customer
    • Usually the home you are about to buy together with the state guarantee for home credit are sufficient collateral for ASP funding