Danske Bank FI review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

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Our verdict

Danske Bank FI suits Finnish borrowers who want a single bank for a renovation loan and a mortgage, though the unsecured rate is steep at 14.375%. The mortgage side is far cheaper, starting at 3.361% with an APRC of 3.5%.

Key facts

Best for
Renovation loans and mortgages for Finnish borrowers who bank with Danske Bank.
APR
14.375% (Source, checked September 26, 2026)
Loan amount
up to €15,000 (Source, checked September 26, 2026)
Term
up to 60 months (Source, checked September 26, 2026)
Arrangement fee
90 EUR delivery fee (toimitusmaksu) per loan (Source, checked September 26, 2026)
Credit check
Hard (Source, checked September 26, 2026)
Representative example
Haavelaina example: EUR 5 000 loan, 5-year term, nominal interest 10,761 %, effective annual rate 14,375 %, total credit cost EUR 6 902,19 including 90 EUR delivery fee, 60 instalments (information as of 01.06.2026) (Source, checked September 26, 2026)
Rate type
Variable (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Eligibility
Loan application requires Finnish online bank credentials; both Danske Bank customers and customers of other banks may apply; the unsecured Haavelaina requires regular salary paid into a Danske Bank account (Source, checked September 26, 2026)
Loan types
Personal (Source, checked September 26, 2026)
Use cases
Home-improvement (Source, checked September 26, 2026)
Legal entity
Danske Bank A/S, Suomen sivuliike (Finland Branch), Y-tunnus 1078693-2 (Source, checked September 26, 2026)
Headquarters
Finland (Source, checked September 26, 2026)
Founded
1887 (Source, checked September 26, 2026)
Support channels
Chat, Phone, Email, Help-centre (Source, checked September 26, 2026)
Official website
danskebank.fi

Mortgages

Initial rate
3.361% (Source, checked September 26, 2026)
APRC
3.5% (Source, checked September 26, 2026)
Fixed period
1 year (Source, checked September 26, 2026)
Maximum loan to value
70% (Source, checked September 26, 2026)
Product fee
€1,020 (Source, checked September 26, 2026)
Purpose
Purchase, First-time-buyer, Remortgage, Buy-to-let (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Legal entity
Danske Bank A/S, Suomen sivuliike (Finland Branch), Y-tunnus 1078693-2 (Source, checked September 26, 2026)
Headquarters
Finland (Source, checked September 26, 2026)
Founded
1887 (Source, checked September 26, 2026)
Support channels
Chat, Phone, Email, Help-centre (Source, checked September 26, 2026)

Apps and profiles

Get the app
App Store
Elsewhere
WikidataWikipedia

Pros and cons

Pros

  • A single lender covers the renovation loan and the mortgage, with the mortgage aimed at purchase, first time buyer and remortgage.
  • Help is available on chat, phone and email, and customers of other banks can apply as well as Danske Bank account holders.
  • Renovation borrowing reaches up to €15,000 over terms of up to 60, which suits a planned project budget.

Cons

  • The unsecured Haavelaina runs at 14.375%, higher than the 12% listed across this page.
  • The personal loan is priced on a variable rate, so the monthly cost can move after the loan starts.
  • The mortgage caps at 70% loan to value, and the credit check is hard.
Danske Bank FI

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Scored 9.3 / 10 by BorrowCue.

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Who it suits

  • Finnish borrowers who already keep a Danske Bank account and pay regular salary into it.
  • Homebuyers and remortgagors who want the renovation loan and the mortgage from the same lender.
  • Readers who want phone and chat help on the same loan, through chat, phone and email.

Who should look elsewhere

  • Monzo Flex, listed at 10% to 23%, for readers who want a cost reference from outside the Nordic banking market.
  • Cashspace, at PHP 12 to PHP 36, for a different rate reference set beside a Finnish bank's own lending.
  • Cashspace ES, at 0%, for readers shopping on a lower headline rate than 14.375% on the unsecured loan.

Who runs it

Applications and questions run through the same bank, with customer service available on chat, phone and email. That relationship matters most for the unsecured loan, which expects salary to arrive in a Danske Bank account.

How Danske Bank FI compares

Where Danske Bank FI is available

Available
Finland

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

How much can I borrow for a home renovation?+

The unsecured renovation loan reaches up to €15,000, with repayment terms of up to 60. Pricing is a variable rate at 14.375%, and a 90 EUR delivery fee (toimitusmaksu) per loan is added to each loan. Renovation work is the stated use, so the money is aimed at home projects rather than anything else.

What does the unsecured loan cost in total?+

The delivery charge is 90 EUR delivery fee (toimitusmaksu) per loan. The published example shows the effective annual rate at 14.375% and a total credit cost that already includes that fee, repaid over the full term. That rate sits above the 12% seen across the listings here, so the cost of the unsecured loan is the part to weigh.

How does the credit check work?+

The credit check is hard, so a full file search is applied rather than a soft prequalification. Applying needs Finnish online bank credentials, and the unsecured loan requires regular salary paid into a Danske Bank account. Customers of other banks are accepted as well as existing account holders.

Do you lend for mortgages as well?+

The bank lends for mortgages too, with an initial rate of 3.361% held for 1 and an APRC of 3.5%. A product fee of €1,020 sits on top, and the stated purposes cover purchase, first time buyer and remortgage.

How much can I borrow against my home?+

Borrowing against a home caps at 70% loan to value, which is tighter than the 90% common among the listings here. The mortgage is aimed at purchase, first time buyer and remortgage, so first-time buyers and people remortgaging both fit within the same product.

Who can apply for the loan?+

Applying happens in the online bank, since a Finnish online bank ID is needed to sign in, and the product is a personal loan aimed at home improvements. Customers who bank with another institution in Finland can apply alongside Danske Bank account holders.

What support is available once the loan is running?+

Support runs on chat, phone and email, so chat, phone and email all reach the bank that holds the loan and the mortgage. For the unsecured loan, the 90 EUR delivery fee (toimitusmaksu) per loan is the only charge listed, and the credit check is hard rather than a prequalification.

Sources

  • danskebank.fi/sinulle/asiakaspalvelu checked September 26, 2026

    Backs: Support channels

    “Olemme apunasi chatissa arkisin klo 9-16 ... Asiakaspalvelu ja ajanvaraus 0200 2580 ... Voit lahettaa suojatun viestin mobiili- ja verkkopankissa”

  • danskebank.fi/sinulle/asiakaspalvelu/lainat checked September 26, 2026

    Backs: Eligibility

    “Lainahakemusta varten tunnistaudutaan suomalaisilla pankkitunnuksilla. Lainaa voi hakea sekä Danske Bankin tai muun pankin asiakas.”

  • danskebank.fi/sinulle/asiakaspalvelu/tietosuoja/tietosuoj... checked September 26, 2026

    Backs: Legal entity

    “Danske Bank A/S, Suomen sivuliike, Y-tunnus 1078693-2, Televisiokatu 1, 00075 DANSKE BANK (emoyhtio Danske Bank A/S, Bernstorffsgade 40, DK-1577 Copenhagen V, Denmark, CVR-nro 61126228)”

  • danskebank.fi/sinulle/lainat/asuntolaina/kuinka-paljon-as... checked September 26, 2026

    Backs: APRC, Fixed period, Initial rate, Maximum loan to value, Product fee, Purpose

    “the actual annual interest rate calculated under the Consumer Protection Act 3.500%”

  • danskebank.fi/sinulle/lainat/muut/haavelaina checked September 26, 2026

    Backs: Loan amount, APR, Lender type, Loan types, Arrangement fee, Rate type, Representative example, Term, Use cases

    “Voit hakea lainaa maksukyvystasi riippuen 15 000 euron (kahdella lainanottajalla 30 000 euron) saakka”

  • danskebank.fi/sinulle/lainat/muut/kertalaina checked September 26, 2026

    Backs: Credit check

    “Luottopaatoksen tekemista varten Danske Bank tarkistaa asiakkaan henkiloluottotiedot Suomen Asiakastieto Oy:sta ja positiivisesta luottotietorekisterista”

  • danskebank.fi/sinulle/links/tietoa-pankista checked September 26, 2026

    Backs: Founded, Headquarters

    “Nykyisenkaltainen pankkitoiminta alkoi Suomessa vuonna 1887, kun Suomen valtio perusti postitoimipisteissa toimivan Postisaastopankin.”

Compiled from 7 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Funding time.

Danske Bank FI

Danske Bank FI

Renovation loans and mortgages for Finnish borrowers who bank with Danske Bank.

9.3/10See alternatives

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