Swedbank Home Loan Swedbank Lietuva
Price on request
- Interest Rate: Euribor 6M + 1.5%
- Max LTV: Up to 85%
- Rate Type: Variable (Euribor)
- Max Term: Up to 30 years
Compare Mortgages in Lithuania
Compare the top mortgages providers in Lithuania — see cover, features and typical rates side by side.
Live offers
3 live offers compared from 3 providers. Updated daily.
SEB Home Loan SEB Lietuva
Price on request
- Interest Rate: Euribor 6M + 1.6%
- Max LTV: Up to 85%
- Rate Type: Variable (Euribor)
- Max Term: Up to 30 years
Luminor Mortgage Luminor Lithuania
Price on request
- Interest Rate: Euribor 6M + 1.8%
- Max LTV: Up to 80%
- Rate Type: Variable (Euribor)
- Max Term: Up to 30 years
What is a Mortgage in Lithuania?
A mortgage (būsto paskola) is a long-term loan secured against residential property, used to buy or build a home. In Lithuania mortgages are overwhelmingly priced against Euribor, the euro interbank rate, plus a fixed bank margin, so monthly repayments move with the reference rate over the loan's life. Terms commonly run up to 30 years, and the property serves as collateral for the lender.
How the Lithuanian market works
The market is dominated by a few large banks that compete mainly on the margin added to Euribor, plus fees and service. Borrowing is shaped by the Bank of Lithuania's Responsible Lending Regulations, which cap how much of your income can go to debt servicing, set a maximum loan term and require a minimum down payment. Most loans use a variable rate tied to 3-, 6- or 12-month Euribor, though some fixed-margin structures are available.
Benefits
Home ownership — A mortgage spreads the cost of a property over decades, making ownership attainable.
Transparent pricing — The Euribor-plus-margin structure makes it easy to compare banks on the margin alone.
Long terms — Repayment periods up to 30 years keep monthly instalments manageable.
Regulated affordability — Responsible-lending caps help protect borrowers from overextending.
How to choose
Compare the bank margin over Euribor first, since the reference rate is the same for all lenders, then factor in arrangement fees, property valuation costs and any required insurance. Consider which Euribor period you prefer — shorter periods reprice more often. Check your down payment against the minimum requirement, and use the debt-service-to-income cap to gauge how much you can borrow. Ask about early-repayment terms and rate-fixing options.
Leading providers in Lithuania
Swedbank Lietuva is one of the largest mortgage lenders, with a wide branch and digital presence. SEB Lietuva competes strongly across home loans for purchase and construction. Luminor Lithuania, formed from the Nordea and DNB Baltic operations, is the third major bank offering competitive mortgages. Šiaulių bankas and other lenders also participate, so comparing margins and fees across banks is worthwhile.
What it costs
The headline cost is Euribor plus the bank's margin; because Euribor moves, your rate and instalment change over time. On top of interest, expect a one-off arrangement fee, property valuation charges, notary and registration costs, and often property insurance as a condition. A minimum down payment, generally around 15% of the price, is required under responsible-lending rules. Comparing total cost, not just the margin, gives the truest picture.
Protections and regulation
Mortgage lending is supervised by the Bank of Lithuania, whose Responsible Lending Regulations cap the debt-service-to-income ratio (broadly up to 40%), limit terms to 30 years and set the minimum down payment. EU mortgage-credit rules require clear pre-contract information and a reflection period. Borrowers benefit from disclosure standards and can raise disputes with the lender or the Bank of Lithuania.
Common questions
Are Lithuanian mortgages fixed or variable? — Most are Euribor-linked variable rates plus a fixed bank margin. How much deposit do I need? — Generally at least around 15% of the property price. How long can the term be? — Up to 30 years under responsible-lending rules. Can I repay early? — Yes, subject to the contract's early-repayment terms; check any charges before signing.
Mortgages in Lithuania — FAQ
What mortgage rate can I get in Lithuania right now?
Giraffy tracks 3 mortgage products across Swedbank Lietuva,SEB Lietuva,Luminor Lithuania lenders in Lithuania. Use the sort and filter controls to compare fixed versus variable rates and initial deal lengths.
What is the difference between a fixed-rate and a variable-rate mortgage?
A fixed-rate mortgage locks your interest rate for a set period — typically 2, 5, or 10 years — giving payment certainty. A variable rate moves with the central bank benchmark rate set by the local financial regulator. Fixed rates suit those who want stability; variable suits those who expect rates to fall.
How much can I borrow with a mortgage?
Most lenders apply an income multiple — typically 4–5× your gross annual income for a conventional mortgage. Affordability assessments also factor in outgoings, existing debts, and the property's loan-to-value (LTV) ratio. A mortgage adviser or broker can run a full affordability assessment for free.
What is LTV (loan-to-value) and why does it matter?
Loan-to-Value (LTV) is the mortgage amount as a percentage of the property's value. A 90% LTV means you're borrowing 90% and putting down 10% as a deposit. Lower LTV means less risk for the lender — you'll typically be offered a lower interest rate with a deposit of 20–25% or more.
How long does mortgage approval take?
An indicative approval can usually be obtained the same day online. Full mortgage approval — after property valuation and underwriting — typically takes 2–6 weeks. Having all your documents ready (pay stubs, bank statements, ID) speeds up the process significantly.
Are there Islamic home-finance products available in Lithuania?
Sharia-compliant home-finance products structure the transaction without interest, typically through Murabaha (cost-plus financing) or Ijara (lease-to-own) arrangements. Check with individual lenders for availability in your market.
What fees are charged to set up a mortgage?
Lenders often charge arrangement, origination, or application fees to set up a mortgage — amounts vary by lender and market. You can usually add them to the loan, but you'll pay interest on them for the full term. For large loans, a higher-fee/lower-rate deal may be cheaper overall — compare total cost over the initial fixed period.