LHV review

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

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Our verdict

LHV is a direct lender to Estonian residents, not a broker, with consumer loan rates at 19.67% to 19.9% over terms of 6 to 120. It suits borrowers who want a fixed rate, free early repayment and money on the signing day, and suits less well anyone shopping mainly on price.

Key facts

Best for
Estonian residents after a fixed rate consumer loan with funding on the signing day (same day funding).
APR
19.67% to 19.9% (Source, checked September 26, 2026)
Loan amount
€200 to €15,000 (Source, checked September 26, 2026)
Term
6 to 120 months (Source, checked September 26, 2026)
Arrangement fee
2% of the loan sum, from 29.90 EUR (Source, checked September 26, 2026)
Funding time
Within a few minutes of signing the agreement (Source, checked September 26, 2026)
Representative example
Loan amount 2,400 EUR, contract fee 48 EUR, monthly service fee 3.99 EUR, term 54 months, monthly payment 64.02 EUR, annual rate of charge 19.67% (Source, checked September 26, 2026)
Rate type
Fixed (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Free early repayment
Yes (Source, checked September 26, 2026)
Eligibility
Aged 18 to 75, monthly income at least EUR 400, Estonian citizen or living in Estonia on a residence permit (Source, checked September 26, 2026)
Origination fee (%)
2% (Source, checked September 26, 2026)
Loan types
Personal, Debt-consolidation, Car, Student, Secured, Credit-line, Business (Source, checked September 26, 2026)
Legal entity
AS LHV Pank (Source, checked September 26, 2026)
Headquarters
Estonia (Source, checked September 26, 2026)
Founded
2009 (Source, checked September 26, 2026)
Support channels
Phone, Email, Help-centre (Source, checked September 26, 2026)
Pricing model
Fixed rate
Features
Same-day funding
Official website
lhv.ee

Mortgages

Initial rate
4.3% (Source, checked September 26, 2026)
APRC
4.399% (Source, checked September 26, 2026)
Fixed period
30 years (Source, checked September 26, 2026)
Maximum loan to value
85% (Source, checked September 26, 2026)
Product fee
€300 (Source, checked September 26, 2026)
Purpose
Purchase, Remortgage, Buy-to-let (Source, checked September 26, 2026)
Lender type
Direct lender (Source, checked September 26, 2026)
Legal entity
AS LHV Pank (Source, checked September 26, 2026)
Headquarters
Estonia (Source, checked September 26, 2026)
Founded
2009 (Source, checked September 26, 2026)
Support channels
Phone, Email, Help-centre (Source, checked September 26, 2026)

Apps and profiles

Get the app
App StoreGoogle Play
Elsewhere
WikidataWikipediayoutube.com

Pros and cons

Pros

  • A direct lender (direct lender), so terms and the contract come from the bank itself.
  • Fixed rate pricing (fixed), so the monthly cost does not move with market rates.
  • Free early repayment, so an agreed loan can be settled ahead of schedule.
  • Home lending alongside consumer loans, at an initial rate of 4.3%.

Cons

  • Consumer loan rates of 19.67% to 19.9% sit above the site median of 12%.
  • The origination fee of 2% of the loan sum, from 29.90 EUR is charged on the sum, so it grows with the loan.
  • Lending covers a single market, open to Estonian citizens or residents on a residence permit.
LHV

Ready to try LHV?

Scored 8.9 / 10 by BorrowCue.

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Who it suits

  • Estonian citizens and residence permit holders with income above a minimum threshold.
  • Borrowers who want one fixed rate and the option to repay early without a charge.
  • Home buyers and remortgagers after an initial rate of 4.3% and a fixed period of 30.

Who should look elsewhere

  • Anyone chasing a cheaper rate: Monzo Flex lists 10% to 23% against 19.67% to 19.9% here.
  • Borrowers wanting no interest on the balance: Cashspace ES shows 0%, and Cashspace lists PHP 12 to PHP 36.

Safety and regulation

LHV is a direct lender (direct lender) supervised by the Estonian Financial Supervision Authority, with licence MiCA CASP 529900GJOSVHI055QR67. The representative example shows a contract fee and a monthly service fee on top of the loan, which lifts the annual rate of charge above the headline rate.

Who runs it

The lender behind the brand is AS LHV Pank, headquartered in Estonia and founded in 2009. Support runs on phone, email and help centre, so phone, email and a help centre are all available to borrowers. The regulator listed against the brand is the Estonian Financial Supervision Authority, and the licence recorded for it is MiCA CASP 529900GJOSVHI055QR67.

How LHV compares

Where LHV is available

Available
Estonia
Licence in Estonia
Estonian Financial Supervision Authority (EFSA) (MiCA CASP 529900GJOSVHI055QR67), checked September 26, 2026, also valid in Estonia

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

Frequently asked questions

What rate does LHV charge on a consumer loan?+

Consumer loan pricing sits at 19.67% to 19.9%, above the site median of 12% and below the 24.92% mark. The rate is fixed, so the cost of borrowing does not drift between payments, and free early repayment means a loan can be cleared sooner without a charge.

What fees does LHV charge?+

The consumer loan carries an origination fee of 2% of the loan sum, from 29.90 EUR, calculated on the sum borrowed rather than a flat amount. The representative example also shows a monthly service fee, so the annual rate of charge runs above the headline rate.

How much can I borrow, and for how long?+

Consumer lending covers €200 to €15,000 over terms of 6 to 120. On loan amount the brand sits at 497 out of 685 brands compared, so the ceiling suits mid sized needs rather than a large purchase.

How quickly is the money paid out?+

LHV lists one feature for the brand: same day funding (same day funding). The stated funding time is Within a few minutes of signing the agreement, and same day funding appears on 82.9% of brands across the comparison, so it is a common feature rather than a rare one.

Is the rate fixed, and can I repay early?+

On both counts, yes. The rate type is fixed and the model is fixed rate, so the monthly cost does not change with market rates. Free early repayment is included, which means an agreed loan can be settled ahead of schedule without a charge.

Who can apply for an LHV loan?+

Applicants must be adults within the stated age band, with monthly income above a minimum threshold, and either an Estonian citizen or living in Estonia on a residence permit. Residency is the binding test, since the brand lends into a single market.

Is LHV regulated?+

The regulator listed for the brand is the Estonian Financial Supervision Authority, and the licence recorded is MiCA CASP 529900GJOSVHI055QR67. LHV is also a direct lender (direct lender), so the agreement is with the bank itself rather than an intermediary.

Does LHV lend for a home purchase or remortgage?+

Yes. Home loans cover purchase, remortgage and buy to let (purchase, remortgage and buy to let), with an initial rate of 4.3% and an annual rate of charge of 4.399%. The fixed period is 30, the maximum loan to value is 85%, and a product fee of €300 applies.

Sources

  • esma.europa.eu/sites/default/files/2024-12/CASPS.csv checked September 26, 2026

    Backs: Headquarters, Legal entity, Licences

    “ae_homeMemberState=EE”

  • lhv.ee/en/about checked September 26, 2026

    Backs: Founded

    “On 6 May, a banking license was obtained and the business name AS LHV Pank adopted”

  • lhv.ee/en/consumer-loan checked September 26, 2026

    Backs: Features, Free early repayment, Funding time, Loan amount, Arrangement fee, Origination fee (%), Representative example, Support channels, Term, Lender type, APR

    “Money to your account immediately”

  • lhv.ee/en/consumer-loans checked September 26, 2026

    Backs: Loan types

    “Private loans: Home loan, Private loan, Student loan, Margin loan; Consumer loans: Consumer loan, Car loan, Home repair loan, Refinancing Loan, Instalment, Hire-purchase; Corporate loans: Micro loan,...”

  • lhv.ee/en/faq/consumer-loan checked September 26, 2026

    Backs: Eligibility, Pricing model, Rate type

    “your monthly income is at least EUR 400, you are aged 18 to 75, you are an Estonian citizen or live in Estonia on the basis of a residence permit”

  • lhv.ee/en/home-loan checked September 26, 2026

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

    “period of 360 months”

Compiled from 6 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Credit check.

LHV

LHV

Estonian residents after a fixed rate consumer loan with funding on the signing day (same day funding).

8.9/10See alternatives

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