Car loan

Have A Great ride with Your New Car!

Car loan is an incredibly convenient and fast solution.

  • No down payment required.
  • Casco Insurance is recommended, but not mandatory.
  • Money is transferred to the account immediately after the conclusion of the contract.

The improper fulfilment of financial obligations results in an increase of your financial costs and may negatively impact your credit history. If the agreement is terminated as a result of your serious breach, you may face enforced debt recovery and may lose not only the made payments but also the right to financed property.

Find yourself a suitable monthly payment

How much is your loan payment?
Loan period

The calculation is approximate and it is not a commitment to give a credit. Fill in the application and get your personal offer.

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Preliminary monthly paument
0
Agreement fee
0
Application form for contract changes
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Typical example of total credit annual percentage rate calculation

If you applied for a consumer loan amounting to EUR 5 000 with credit agreement duration (and loan repayment term) of 5 years with the annual flat rate of 11 % and the following applicable fees: monthly minimum daily services fee (0.70 EUR per month); agreement administration fee of EUR 50; monthly payments EUR 108.88 using annuity method, then, the total consumer credit annual percentage rate would be 12.58 %, and the total amount paid by the Consumer Loan receiver would be EUR 6 583.32.

Calculations of the total consumer credit annual percentage rate and the total amount payable by the borrower are based on the assumptions that the Credit Agreement will be valid for the entire duration of the Agreement, the total Credit amount will be paid by the Bank to the borrowers on the day of signing the Credit Agreement, the parties to the Credit Agreement will fulfil their obligations arising from the Credit Agreement by respecting the terms and conditions set out therein, the rates and other expenses will remain the same as on the day of concluding the Credit Agreement and will continue to be applied until its expiry.

Car loan is a convenient solution, if you are looking for a used car, motorcycle or any other type of vehicle.

  • Money is transferred to your account immediately after signing the agreement in the internet bank. Vehicle must be registered in the name of the borrower in SE “Regitra” vehicle register within 30 days after signing the agreement. Thereafter, the car belongs to you and you will not need to inform the bank once you decide to sell it.
  • Car valutation is not required.
  • Casco insurance is recommended, but not mandatory.
  • Possibility of early loan repayment early without any additional charges.

Data processing

Swedbank may make an automated decision for the financing product you are applying for by processing your personal data based on this application. In addition for data provided in this application, Swedbank will assess your creditworthiness and indebtedness by processing data from external registers.

You have the right to contest the automated decision via Internet Banking or phone. In such case, the decision will be reviewed by a Swedbank employee.

*Automated decision-making process enhances decision accuracy, increases process efficiency and improves your digital experience, as well as saving valuable time for you and during the financing process.

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