Loan Calculator
See your monthly payment, total interest and a 6 % stress test instantly — using the live ECB Euribor that updates daily.
- Real-time Euribor (1m · 3m · 6m · 12m)
- Runs in your browser
- 6 % stress test
Calculator
Tweak the inputs — results update instantly. Switch between monthly Euribor average and the latest daily fixing from the panel above.
Markkinakorot juuri nyt
Lähde: kuukausikeskiarvot Euroopan keskuspankki (ECB), päivittäiset noteeraukset Suomen Pankki. Valitse oikealta kuukauden keskiarvo tai uusin päivittäinen noteeraus, ja klikkaa haluamaasi viitekorkoa.
- Kuukausieriä yhteensä—
- Lyhennys yhteensä—
- Korko yhteensä—
- Hoitokulut yhteensä—
- Toimitusmaksu—
- Todellinen vuosikorko—
- Kokonaiskustannus—
Ensimmäisen kuukauden erittely
- Lyhennys—
- Korko—
- Hoitokulu—
Lainan jakautuminen vuosittain
What does Euribor 3m / 6m / 12m actually mean?
Euribor is the daily rate at which European banks lend unsecured money to each other. The number after it — 3, 6 or 12 months — tells how often your loan’s reference rate resets to a fresh market level.
Quarterly reset
Lowest typical level on the curve. Your rate moves fast with the ECB — rises quickly when policy tightens, falls quickly when it eases. Best when you expect rates to fall and accept volatility.
Annual reset
Finland’s most popular reference for mortgages. Higher than 3m when the curve is upward-sloping, but your monthly payment stays steady for a full year — predictability over speed.
Half-year reset
A compromise — some banks default to it. Your rate moves twice a year; the price sits between the 3m and 12m levels. Less common in Finland but available.
A normal yield curve has 12m above 6m above 3m. When the curve is flat or inverted (12m near or below 3m), the market is pricing future ECB rate cuts.
Euribor 1994 → today
Monthly historical close, sourced live from the European Central Bank. Hover the chart for any month. Toggle the three maturities on the legend.
Source: Euroopan keskuspankki / SDMX, kuukausikeskiarvot.
Where rates sit right now — reading the numbers behind the tool
The Euribor 3-month is currently around 2.27 % and the 12-month around 2.75 % (May 2026 fixing). The setting is best read in a 30-year frame. The 1990s opened with double-digit rates, the run-up to Lehman in 2008 took 12-month Euribor above five percent, and then — a long and unusual deviation — from 2015 to 2021 we spent years in which money was effectively free. The 2023 climb to four percent felt steep because it was measured against that previous normal. But placed in the continuum that begins in 1994, today’s level sits close to the long-run average. This is a neutral rate — in itself, though not in its consequences.
What does that mean for a household with a mortgage right now? On a €200 000 loan, 25-year annuity, three percent total rate, the monthly payment is roughly €950. Early 2021, the same loan over the same term at 0.2 percent would have cost around €700 a month. The difference is roughly three hundred euros a month, thirty-six hundred a year — out of the same household’s cash flow. I wrote about the broader picture in my piece on what a ten-thousand-euro annual interest burden structurally implies — but at the level of a single loan, the change is real and lasting.
Where next? The end of the ECB’s cutting cycle cannot be predicted to the calendar day, but the shape of the curve (the gap between 3-month and 12-month Euribor) is narrow — the market is pricing only modest further easing over the next year. The swap curve (the market’s priced expectation of future rates) places the "neutral" 2027–2028 level near two percent. Two parallel scenarios are worth holding in mind: a faster decline if wage inflation breaks and growth slows further, or a stall if energy prices or geopolitics keep core inflation sticky.
At the housing-market level this is structurally the most important moment since 2008–2009. Higher rates dismantled demand in 2022–2024, new construction in Finland slowed sharply, and rental markets have tightened as supply has thinned. If rates stabilise just above two percent toward decade-end, demand returns in stages — but prices respond more slowly than abroad, because Finnish household debt-to-income is already high. This is not a cyclical episode but a longer-term structural shift in how housing costs are distributed across generations. The tool tells you about your own situation. The movements around it are best read calmly.
Suomalaisen kotitalouden korkokuva — mihin 10 000 euron vuosirasitus rakenteellisesti johtaa
A structural look at what a ten-thousand-euro annual interest burden means for Finnish households and the wider economy.
Read the analysisFrequently asked
Why does the tool default to 12-month Euribor?
Because it is the most common mortgage reference rate in Finland. You can switch to 1 m, 3 m or 6 m from the rate panel above the calculator — the tool will use whatever you click.
What is "marginaali" and how do banks set it?
The margin is the bank’s premium on top of Euribor — total rate = Euribor + margin. In Finland 2026 margins sit roughly between 0.40 % and 1.00 % for prime residential loans, depending on your own-financing share, income, credit history and the bank’s pricing policy. Higher own-financing share usually means a lower margin.
What does the 6 % stress test mean?
It shows the monthly payment if the total rate rose to 6 %. Finanssivalvonta recommends households can carry their loan at a 6 % rate even if today’s rate is lower — this is a structural buffer against a future Euribor spike. If the stress payment looks too high, the loan is too large or the term too short for your cash flow.
Is the calculator using the latest Euribor?
Yes — the rate panel at the top of the calculator fetches data live: monthly average from the ECB SDMX API, latest daily fixing from Suomen Pankki. You can switch between the two from the panel; everything is cached briefly to stay fast.
Is anything sent to a server?
No. The calculation runs entirely in the browser. The only server call is to fetch the live Euribor rate — your loan amount, term and inputs stay on your device.
Free tool. Calculations run in your browser. Live Euribor sourced from the European Central Bank and Suomen Pankki.