Estonia · planning tool · not a credit offer

Loan calculator.
See the true cost first.

A loan calculator estimates the monthly payment, the total amount repaid in euros and the annual cost of credit (krediidi kulukuse määr — KKM) for a chosen loan amount and repayment period. For an annuity loan the monthly payment follows the formula M = P · i / (1 − (1 + i)−n), where P is the loan amount, i is the monthly interest rate and n is the number of months. The figures shown here are a planning estimate only — the final terms depend on the licensed lender's creditworthiness assessment under § 403¹ of the Estonian Law of Obligations Act (võlaõigusseadus).

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The Kiir Krediit calculator runs in your browser. It submits no application, performs no credit check and shares no data with any lender.

🧮 Monthly payment estimate
📊 Total cost in euros
⚖️ KKM, not just interest
🛡️ No application submitted
Loan calculator ESTIMATE
€1 000

Indicative figure for a €1 000 consumer loan. Drag the amount, pick the term and compare offers with the same inputs across lenders.

€100€10 000
Monthly payment depends on KKM and term
Annual cost (KKM) set by the lender
Cheaper alternative (bank loan) see each offer
Total cost of credit principal + interest + fees
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🔒 No application submitted · No credit check · Free to use

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Pick an amount and term — see which lenders fit and the estimated monthly payment. Only then do we send you on to a partner credit provider.

LenderTypeMax amountMax termRateMonthlyApply

* Creditea: 0% for the first 3 months, standard rate thereafter.

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🧮 Annuity formula
📊 KKM-based comparison
📜 VÕS § 403¹ context
🏛️ Licensed lenders only
⚖️ Independent service
3
Inputs needed: amount, term, KKM
€100
Smallest amount typically modelled
€10 000
Largest unsecured amount typically modelled
€0
Cost to use this calculator
How to use the calculator

Four short steps to a calmer decision.

The Kiir Krediit calculator asks for the three numbers that actually shape the cost of a consumer loan: amount, term and the annual cost of credit (KKM). Everything else flows from those three.

Step 1
1

Enter the real loan amount

Use the amount you actually need, not the maximum offered. A smaller principal lowers both the monthly payment and the total interest paid over the life of the loan.

Step 2
2

Pick a realistic period

A longer term reduces the monthly payment but increases the total cost. Choose the shortest period your household budget can sustain even if income drops temporarily.

Step 3
3

Compare with the same inputs

Use the same amount and term across providers and compare the KKM — not just the headline interest rate. KKM bundles interest with contract and administration fees into a single comparable figure.

Step 4
4

Confirm in the contract

The calculator's output is an estimate. Final terms come from the lender's pre-contractual information sheet and the signed contract, after the affordability check required by VÕS § 403¹.

What numbers should you read first?

A calculator can output many figures, but only a few drive a responsible decision. Read the monthly payment to test affordability, then read the total euro cost to test whether the contract is reasonable compared with alternatives.

Rule of thumb. If the monthly payment plus all other obligations exceeds roughly 40% of net household income, the loan is likely to be unaffordable — and a responsible lender should decline it under § 403¹ of the Law of Obligations Act.

Once the numbers fit, open Compare offers to apply the same inputs across providers.

Inputs & outputs

What the calculator needs and produces.

A loan calculator is only as good as the inputs it receives. Use realistic figures and the KKM disclosed by the lender — not a stock average — for an estimate you can act on.

Inputs you provide

  • • Loan amount (€) — the principal you wish to borrow
  • • Repayment period — typically 1–60 months for unsecured credit
  • • Annual cost of credit (KKM) — taken from the lender's offer
  • • Payment type — annuity (constant payment) is the Estonian default
  • • Optional contract fee — one-off fee charged at signing

Outputs you read

  • • Monthly payment — the recurring cash outflow
  • • Total amount repaid — principal + interest + fees
  • • Total interest paid — euro cost of the credit
  • • Effective KKM — the comparable annual figure
  • • Amortisation schedule — interest vs principal each month
Why use a calculator first

Math before the application.

The most expensive mistake in a consumer loan is signing a contract whose monthly payment looks acceptable on the day but becomes painful three months later. A calculator forces the conversation about affordability to happen before, not after, the contract is signed. Kiir Krediit is paid by lender partners only when an offer is accepted — never by the borrower for using this tool.

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What the calculator answers for you:

  • ✓ Can my budget absorb this monthly payment?
  • ✓ How much will I repay in total over the full term?
  • ✓ Is a shorter term cheaper than the lender's default?
  • ✓ Does the KKM look reasonable for this product?
  • ✓ How does the same loan look at a different provider?
  • ✓ Will the contract fee push the effective cost higher?
  • ✓ How much of the first payment goes to interest, not principal?
  • ✓ Is a smaller principal worth considering instead?
Calculate by amount

Start from the amount you actually need.

Each guide below models a typical loan size, with realistic monthly payments and the items that drive the total cost. Open the one closest to your real need before comparing offers.

Loan €500 Small need Loan €1 000 Common Loan €2 000 Plan budget Loan €5 000 Larger obligation Quick loan Short term Small loan Instalments Car loan Secured Cheapest loan Lowest cost Total loan cost Method
Before you apply

A calculator is a starting point, not the decision.

Numbers can be exact and still wrong if the assumptions behind them are off. Run the checks below before treating any calculator output as a basis for signing a contract.

Compare like-for-like

Use the same amount and same term across providers. A lower monthly payment usually means a longer term and a higher total cost, not a cheaper loan.

Read the contract

Pre-contractual information must disclose the KKM, contract fee, late fees, the repayment schedule and the statutory right of withdrawal. Read it before signing.

Stress-test the budget

Model the monthly payment against a scenario where income drops 20% or an unexpected expense lands. If the loan still fits, the cushion is healthy.

Avoid stacking loans

Taking multiple small loans at once almost always raises the total cost and the risk of payment difficulty. A single, well-sized loan is usually cheaper.

Plan for early repayment

Under Estonian law a consumer has the right to repay a loan early. Check whether the contract reduces the total interest pro-rata in that case.

Ask if anything is unclear

Request written clarification from the lender before signing. A contract you do not fully understand is not a contract you should sign.

Frequently asked questions

Loan calculator — questions borrowers ask.

Plain answers based on Estonian consumer-credit rules. Information on this site is general and is not personal financial advice.

What does a loan calculator actually show?

A loan calculator estimates the monthly payment, the total amount repaid in euros and the annual cost of credit (krediidi kulukuse määr — KKM) for a chosen loan amount and term. It is a planning tool only: the figures are not a credit offer, and the final terms depend on the lender's creditworthiness assessment under § 403¹ of the Estonian Law of Obligations Act.

How is the monthly payment calculated?

Most consumer loans in Estonia use an annuity payment, where the monthly amount is constant but the share of interest versus principal changes over the term. The formula is M = P · i / (1 − (1 + i)−n), where P is the loan amount, i is the monthly interest rate and n is the number of months. The calculator on this page uses the same logic to produce a working estimate.

What is the KKM and why does it matter more than the interest rate?

KKM (krediidi kulukuse määr) is the annual percentage rate of charge used in Estonia. It bundles interest with the contract fee, administration fee and any other compulsory costs into a single comparable annual figure. Two loans with the same nominal interest rate can have very different KKM, so KKM is the correct basis for comparing offers — see our total-loan-cost guide.

Does this calculator submit a loan application?

No. The Kiir Krediit calculator runs entirely in your browser, performs no credit check and shares no data with any lender. It produces an estimate so you can decide, calmly and in advance, whether the monthly payment fits your household budget. When you are ready, open Compare offers.

What inputs should I trust when planning a loan?

Use a realistic loan amount (only what you actually need), a repayment period you can sustain even if income drops, and the KKM disclosed in the lender's pre-contractual information sheet — not a stock average. Treat any calculator number as an estimate until the lender confirms the binding contract terms in writing.

Can I repay early and save on interest?

Yes. A consumer borrower in Estonia has the statutory right to repay a consumer loan early. When that happens, the total cost of credit is reduced for the remaining period of the contract. Check the specific contract for any administrative procedure, and recalculate the new schedule with the calculator before deciding.

Modelled the numbers? Compare the offers.

Free comparison · licensed lenders only · total cost in euros, not just the rate.

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Calculator output is informational only — not a final credit offer · You can stop at any step