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    What is the average interest rate on new household loans in Finland?

    Borrowing costs for households in 2026.

    Answered at: Checked at:

    Short answer

    According to the Bank of Finland, the average interest rate on new household loans drawn in May 2026 was 3.91%, 0.37 percentage points higher than in May 2025. At the end of May 2026, 89% of households' bank loans were linked to Euribor rates. Fixed-rate loans made up almost 6% of new housing loans in January to May 2026, the highest share for that period since 2013.

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    Why

    1. The Bank of Finland gives 3.91% for new household loans in May 2026.
    2. 89% of household bank loans were Euribor-linked at the end of May 2026.
    3. Fixed-rate loans were almost 6% of new housing loans in January to May 2026.

    Details

    The figure covers all new household loans, including housing, consumer and vehicle loans, so a single loan can differ a lot from the average.

    Tip

    Compare offers by the effective annual interest rate, which includes fees.

    What may differ

    Rates move with Euribor and bank margins. Check the latest Bank of Finland statistics.

    Common misconception

    Loan rates in Finland have only fallen since 2024.

    What actually happens

    The average rate on new household loans rose from May 2025 to May 2026.

    People also ask

    • Are Finnish mortgages tied to Euribor?
    • What is the maximum interest rate on consumer loans in Finland?
    • What is the positive credit register in Finland?

    Sources

    This answer is for reference only. Banks set their own terms, so check the details with the bank before you act.

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