Home renovation loan
If you’re planning a home renovation or want to bring long-postponed ideas to life – from redesigning your children’s room to installing solar panels, replacing windows, or purchasing new household appliances – a SAVY home renovation loan will help you. We’ll make sure you can create a comfortable, modern, and cozy home environment without delay.
Home renovation loan calculator
SAVY – an investment and financing platform, and a pioneer of the peer-to-peer lending culture in Lithuania. We operate responsibly, are supervised by the Bank of Lithuania, and our sustainability is confirmed by multiple awards as one of the fastest-growing companies, the ‘Gazelle’ awards.
Choose a SAVY home renovation loan
Home renovation loan up to €35,000
From 6% annual interest rate
Loan response in just 1 hour
Postpone your first payment for up to 3 months
Smart financing for your home upgrade
Renew your home with SAVY
Home is where each day begins and ends. Sometimes, just a few changes are enough to make it even cozier and more comfortable.
A SAVY home renovation loan will help you bring your vision to life – from updating your kitchen to modernizing your bathroom, from energy-saving solutions to expanding your space.
We provide the financing you need quickly and with flexible terms, so you can focus on creating and enjoy a home that reflects your lifestyle and personal style.
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Home renovation loan
The need for bigger expenses always seems to come at the wrong time, doesn’t it? If you dream of furnishing your home as soon as possible, want to carry out that long-awaited renovation, or plan to renovate an old house but currently don’t have the necessary funds, a home renovation loan can be a real solution. Don’t wait until you’ve saved up the full amount – make your dream a reality today with a SAVY home renovation loan. It can be used for furnishing, updating, or reconstructing an existing or new home.
Advantages of a home renovation loan from SAVY
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A renovation loan lets you start your home improvement project right away and avoid a long saving process
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Flexible loan terms make this financial tool accessible to many
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Fast processing – fill out an online application and we’ll contact you within one day
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Getting a loan from SAVY is simple and easy to understand
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You’re not limited by time or place – complete your application online in just a few minutes
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The website www.savy.lt provides clear and detailed information
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Convenient loan management in the self-service portal
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Home renovation loan calculator
A personal loan for home renovation sounds very appealing if you have such plans but lack the required funds. Quick loan approval and attractive terms sometimes tempt even those who may not be able to afford a large loan. That’s why it’s wise to adjust your needs to protect your family’s finances. To help avoid situations where financial possibilities are overestimated, we provide a home renovation loan calculator on our website.
It only takes a few minutes to use: simply enter the desired loan amount and repayment period (in months). The calculator will show your monthly payment. Based on this, you’ll be able to better assess whether the payment fits your financial situation.
Loan conditions for home renovation
Key conditions for our home renovation loans:
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Loan amount: €300–€35,000
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Repayment term: 3 months – 10 years
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Annual interest rate: from 6% (exact rate depends on loan amount, term, etc.)
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Option to defer the first payment for up to 3 months
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Additional contract fee applies, calculated based on loan amount
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No down payment required
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Borrower must be at least 18 years old
Ways to use a home loan
Consumer loans for homes can be used in many ways. Most commonly, they are applied for:
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Home repairs and renovations
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Upgrading heating or plumbing systems
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Purchasing solar panels or a heat pump
Loan for furnishing a home
Moving into a new home – whether an apartment or a house – involves major expenses: interior finishing, plumbing, heating, electrical systems, appliances, furniture, and other needs to ensure comfort and desired design. Saving for everything can take a very long time, so a home furnishing loan is a great solution to make your home livable faster.
Loan for home renovation
Renew your flooring, wall finishes, windows, doors, appliances, heating system, kitchen, or more – a home renovation loan lets you finally carry out those long-postponed upgrades. Don’t wait until you’ve saved enough – borrow from SAVY and refresh your home now.
Loan for house renovation or reconstruction
A consumer loan for homes can also be used for renovation and reconstruction projects. Maybe you have an old cottage you’d like to adapt for comfortable living? Or perhaps you need to expand your living space and dream of an extension or a second floor? Maybe your roof needs replacing, or you want to improve insulation, reinforce foundations, or turn an attic into living space.
A quick loan for house reconstruction will be especially helpful when unexpected needs arise, such as after natural disasters. And if you want to know what your monthly payments might be, use the house renovation loan calculator.
Q&A about home renovation loan
What is a home renovation loan for?
A renovation loan can be used for updating walls, floors, and ceilings, purchasing furniture and household appliances, upgrading plumbing or heating systems, modernizing lighting, installing solar panels, improving heating systems, and more. In short, it is a loan for furnishing a home, updating an older home, or for renovation and reconstruction projects.
How long does it take to get a home renovation loan?
Typically, it takes up to one business day from the moment the application is submitted until the funds are transferred to the borrower’s account. For larger loans, it may take a few days.
Is the home renovation loan calculator accurate?
The home renovation loan calculator on our website calculates a preliminary monthly payment based on the loan amount and term you enter, assuming the borrower has low risk and stable income. The exact loan conditions depend on your credit rating, financial situation, collateral, and other factors considered during evaluation.
The cheapest home renovation loan: is it reliable?
Naturally, when taking out a loan, we look for the best possible terms, right? Attractive conditions are important to all of us. SAVY truly offers very good terms for home or house renovation loans, along with reliability and responsibility. Equally important is to consider the lender’s trustworthiness and flexibility during the repayment stage.