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https://www.citadele.lv/en/private/mortgage

Mortgage loan

No fee for processing your mortgage loan when you buy a home from a real estate developer. Offer applies 01.01-31.03.2023.1

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Apply for a loan View options
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Up to 95 % financing with ALTUM guarantee

Receive an individually-calculated rate.

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Remote application

Get the initial offer in one business day.

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Free insurance

Sign a mortgage loan and receive free home insurance for your pledged property for 1 year.

Mortgage loan calculator

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1 year
30 years
+ Free home insurance
755.52 EUR
Monthly payment
144 000.00 EUR
Loan amount
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The calculations made using the calculator are of an informative nature and each client's situation is assessed individually.

Apply for a consultation Apply for a loan
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1 year
30 years
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More on ALTUM guarantee Both families with children and young professionals can receive ALTUM financial support
Loan amount: 51 000.00  EUR
Total amount payable: 97 079.65 EUR
Annual percentage rate (APR): 5.04 %
+ Free home insurance
267.58 EUR
Monthly payment
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* Fixed margin + 6m Euribor
The calculations made using the calculator are of an informative nature and each client's situation is assessed individually.

Apply for a consultation Apply for a loan

How does Euribor affect the loan payment?

  • Euribor (European Interbank Offered Rate) is the average interest rate for pan-European interbank lending, which changes daily. The home loan interest rate is linked to the personal margin and the Euribor and is therefore variable. Citadele offers Euribor fixing for 6 months. If Euribor has increased during this time, the loan payment will also increase.
  • Due to the changing interest rate and monthly loan payments, it is important to assess whether it is still possible to successfully pay the loan with a higher monthly payment. For example, for a loan amount of 100,000 euros taken for a 30-year period, a 1 % increase in interest will increase the monthly payments by about 50 euros. The bigger the loan amount, the greater the effect of the interest rate change on the monthly payment.
  • If you have already taken or are planning to take a home loan, you can calculate the effect of the interest rate change on your monthly payment in our loan calculator.
EURIBOR rate
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Pay less for your loan for the first five years!

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Delay your principal payments for five years and only pay interest.


Find out more

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New home projects

Have a look and choose your future home! When you purchase a home in a new project in Riga or elsewhere, you can receive a loan with special terms:

  • Great value! When you choose a home from a real estate developer, there is no mortgage processing fee (offer applies 01.01-31.03.2023)1.
  • When you open an escrow account with us, pay just €50 commission (offer applies until 31.03.2023).
  • For apartments in several new projects, a property valuation is not necessary.
  • For the first year of your mortgage contract, your pledged property is insured for free.
See new projects

Loan options


  • Financing of up to 85 %.
  • Term of up to 30 years.
  • Loan amount from 20 000 EUR.
  • Option to apply for a grace period for up to 12 months.
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  • Financing of up to 85 %.
  • Term of up to 30 years.
  • Loan amount from 50 000 EUR.
  • House must be liveable within 24 months.
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+ Great value!

Now, for five years after signing your loan agreement, you can just pay interest on your mortgage and delay the principal. To enable this, the following terms must apply.

  • The loan is for the purchase, construction, or purchase and renovation of a home.
  • The home was signed off for completion after construction or renovation within the last 10 years.
  • The loan is the only mortgage held by all borrowers (the borrower and co-borrower).
See example
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ALTUM support programmes


An ALTUM guarantee for families with children and expectant families, for the purchase or construction of a home.

Loan and guarantee terms and conditions

  • The size of the guarantee depends on the number of children in the family, including any in utero.*
  • If you plan on purchasing a Class A energy efficient home or a nearly zero-energy building, the guarantee can be increased by 5 %.
  • Bank financing of up to 95 % when purchasing a home (up to 90% for a construction loan), if the real estate transaction does not exceed 250 000 EUR.

Benefits of the ALTUM support programme

  • Government fee for registering the property in the Land Registry: 0.5 % of the purchase price.
  • Registering the mortgage in the Land Registry: free.
More about ALTUM
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An ALTUM guarantee for professionals with higher or secondary professional education up to 35 years of age for the purchase or construction of a home.

Loan and guarantee terms and conditions

  • A guarantee of up to 20 % of the base loan amount, but no more than 50 000 EUR.
  • Bank financing of up to 95 % when you purchase a home (up to 90 % for a construction loan).
More about ALTUM
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An ALTUM guarantee for National Armed Forces service personnel for the purchase or construction of a home.

Loan and guarantee terms and conditions

  • A guarantee of up to 25 % of the base loan amount, but no more than 20 000 EUR.
  • Bank financing of up to 95 % when purchasing a home (up to 90 % for a construction loan), if the real estate transaction does not exceed 250 000 EUR.

Benefits of the ALTUM support programme

  • Government fee for registering the property in the Land Registry: 0.5 % of the purchase price.
  • Registering the mortgage in the Land Registry: free.
More about ALTUM
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+ Great value!

Families with at least three children or two children and a third on the way can receive a subsidy for the purchase or construction of a home.

Terms of the subsidy

  • A one-time government-supported loan for multi-child families for reducing the deposit on a home purchase or construction loan.
  • Between 8 000 and 12 000 EUR of state financing is available, and depends on the size of the family and the energy efficiency class of the home.
More about ALTUM
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* One child (or currently pregnant) 5 % - 10 % of the base loan amount and no more than 10 000 EUR; two children (or at least one child and currently pregnant) 5 % - 15 % of the base loan amount and no more than 15 000 EUR; three children (or at least two children and currently pregnant) 5 % - 20 % of the base loan amount and no more than 20 000 EUR; four children (or at least three children and currently pregnant) 5 % - 30 % of the base loan amount and no more than 30 000 EUR.

3 steps to purchasing a home

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Fill in the application

Receive an offer within 24 hours.
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Wait for a decision

Submit a property valuation and receive a decision which matches your aims and collateral.
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Receive financing

Sign the contracts, register your collateral in the Land Registry, and receive your loan.
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Fill in the application

Receive an offer within 24 hours.
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Wait for a decision

Submit a property valuation and receive a decision which matches your aims and collateral.
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Receive financing

Sign the contracts, register your collateral in the Land Registry, and receive your loan.

Ready to apply?

Log in to Citadele online bank. Not a Citadele customer? Log in using Smart-ID or e-signature!
Apply for a loan Apply for a consultation
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Great-value offers

If you have a Citadele mortgage, we can offer a loan or credit card limit with a better fixed interest rate.

  • Consumer loan, small home loan: 7.9 % - 9.9 %.2
  • Card credit limit: 9 %.3
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Insurance options


+ Great value!
  • When you sign a mortgage loan with Citadele, you will receive free home insurance on your pledged property for the first year of your contract.
  • The insurance also includes moveable property insurance up to 5000 EUR and civil liability insurance up to 1000 EUR, if your mortgage is for a residential property.
Learn more Terms and conditions

Insurance provided by AAS BTA Baltic Insurance Company in collaboration with Citadele.

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Take the opportunity to apply for life insurance with AAS CBL Life, and ensure your future has a few less worries.

  • Insure your life for the sum of your mortgage. That way, you can be sure that, should you die, your loved ones will not have to worry about repaying a loan. If you wish, you can also be insured for a larger sum.
  • You can also insure the life of the mortgage guarantor and co-borrower for the sum of the mortgage.
Learn more

Service provided by Citadele subsidiary AAS CBL Life.

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Want to apply?

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Log in to the Citadele online bank. Not a Citadele customer? Log in using Smart-ID or e-signature!
Apply for a loan

Didn’t find the answer to your question?

Visit our interactive assistant and find the information you need

Interactive assistant
What is an Annual Percentage Rate (APR)?

The total cost of the loan expressed as interest per annum of the loan amount including costs. APR is calculated in accordance with the formula and terms set out in Cabinet of Ministers Regulation No. 691, dated 25.10.2016, Regulations Regarding Consumer Credit, which stipulates the current value of all existing or future obligations (the loan issued, payments and costs) on which the loan issuer and consumer have agreed, assuming that the loan agreement is valid from the day it is signed to the day of the final payment, the loan is issued on the same day the agreement is signed, the interest rate applies for the entire term of the agreement, and the consumer fulfills their obligations as set out in the agreement. Total costs include the interest rate for the use of the loan, one-time fees such as commission fees for processing the loan, government and registry fees for establishing the mortgage, regular fees such as insuring the pledged property, and other known or accepted fees. The APR is shown so that consumers can compare different offers.

How do I apply for a home loan?

To find out the amount you can borrow, visit our website under Loans and leasing > Mortgage loan to fill in the mortgage loan calculator and find out how much you could receive as a loan. 
To fill in a mortgage loan application, select Apply for a loan and log in with one of our authorisation tools.
Fill in the necessary fields on the application and enter your personal information and any current loans. If you meet the criteria for any Altum programme, the offer we send you will automatically contain an Altum offer.

After submitting an application, a notification will show up on screen telling you that your application is being processed and a provisional offer is being prepared. You will also receive this message by email.

If you do not have any of the aforementioned authorisation devices, and you cannot submit an application electronically, please visit any Citadele branch  and fill in a mortgage application in person. In this case, please remember that your account statement showing your income for the past six months must be saved in your private email drafts. During the meeting, you will email it to a Citadele service specialist.

What are the steps to get a mortgage loan?

  1. The customer fills in the application
  2. An indicative offer is prepared
  3. Additional requested documents are submitted (e.g., real estate appraisal. The list of appraisers approved by the bank can be found on the website)
  4. Decision of granting a loan and ALTUM decision
  5. The loan agreement and other documents are signed in the bank
  6. The documents shall be signed by a notary and submitted to the Land Register
  7. After the registration of the mortgage in the Land Register and submission of all the required documents to the bank, the amount of loan is paid out
     

When should I add a co-borrower?

There are times when you can only take out a mortgage loan with the help of a co-borrower. The co-borrower can be your spouse, partner, or other close person or relative.

If I work abroad, can I get a mortgage loan from a bank?

Yes, if you earn income abroad, you can get a mortgage loan. In addition to the account printout, you will need to submit a national tax return.

What is the total amount to be paid by the customer comprised of?

The total sum includes the loan plus the total fees associated with the loan (all fees including interest, commission fees, taxes and other known fees linked with the loan agreement, such as a collateral valuation, collateral-property insurance and others). The total amount to be paid by the customer (consumer) is calculated on the day the agreement is signed, in accordance with Cabinet Regulation No. 691, Regulations Regarding Consumer Credit, adopted 25.10.2016.

How can I find out who my loan manager is?

To find out the name and phone number of your loan manager, please contact us by calling +371 6701 0000.

More questions
What is an Annual Percentage Rate (APR)?

The total cost of the loan expressed as interest per annum of the loan amount including costs. APR is calculated in accordance with the formula and terms set out in Cabinet of Ministers Regulation No. 691, dated 25.10.2016, Regulations Regarding Consumer Credit, which stipulates the current value of all existing or future obligations (the loan issued, payments and costs) on which the loan issuer and consumer have agreed, assuming that the loan agreement is valid from the day it is signed to the day of the final payment, the loan is issued on the same day the agreement is signed, the interest rate applies for the entire term of the agreement, and the consumer fulfills their obligations as set out in the agreement. Total costs include the interest rate for the use of the loan, one-time fees such as commission fees for processing the loan, government and registry fees for establishing the mortgage, regular fees such as insuring the pledged property, and other known or accepted fees. The APR is shown so that consumers can compare different offers.

How do I apply for a home loan?

To find out the amount you can borrow, visit our website under Loans and leasing > Mortgage loan to fill in the mortgage loan calculator and find out how much you could receive as a loan. 
To fill in a mortgage loan application, select Apply for a loan and log in with one of our authorisation tools.
Fill in the necessary fields on the application and enter your personal information and any current loans. If you meet the criteria for any Altum programme, the offer we send you will automatically contain an Altum offer.

After submitting an application, a notification will show up on screen telling you that your application is being processed and a provisional offer is being prepared. You will also receive this message by email.

If you do not have any of the aforementioned authorisation devices, and you cannot submit an application electronically, please visit any Citadele branch  and fill in a mortgage application in person. In this case, please remember that your account statement showing your income for the past six months must be saved in your private email drafts. During the meeting, you will email it to a Citadele service specialist.

What are the steps to get a mortgage loan?

  1. The customer fills in the application
  2. An indicative offer is prepared
  3. Additional requested documents are submitted (e.g., real estate appraisal. The list of appraisers approved by the bank can be found on the website)
  4. Decision of granting a loan and ALTUM decision
  5. The loan agreement and other documents are signed in the bank
  6. The documents shall be signed by a notary and submitted to the Land Register
  7. After the registration of the mortgage in the Land Register and submission of all the required documents to the bank, the amount of loan is paid out
     

When should I add a co-borrower?

There are times when you can only take out a mortgage loan with the help of a co-borrower. The co-borrower can be your spouse, partner, or other close person or relative.

If I work abroad, can I get a mortgage loan from a bank?

Yes, if you earn income abroad, you can get a mortgage loan. In addition to the account printout, you will need to submit a national tax return.

What is the total amount to be paid by the customer comprised of?

The total sum includes the loan plus the total fees associated with the loan (all fees including interest, commission fees, taxes and other known fees linked with the loan agreement, such as a collateral valuation, collateral-property insurance and others). The total amount to be paid by the customer (consumer) is calculated on the day the agreement is signed, in accordance with Cabinet Regulation No. 691, Regulations Regarding Consumer Credit, adopted 25.10.2016.

How can I find out who my loan manager is?

To find out the name and phone number of your loan manager, please contact us by calling +371 6701 0000.

More opportunities

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Consumer loan

Financing of up to 20 000 EUR to help with your plans. With no deposit, collateral and security.
Learn more
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Loan with collateral

Financing of up to 75 % of the market value of your residential property for any aim. Apply and receive an offer by email.
Learn more
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Loan for the purchase of building land

Financing of up to 60 % with an individually-calculated interest rate. Apply and receive an offer by email.
Learn more
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Small home loan

Financing up to 20 000 EUR for purchasing, renovating or furnishing. With no deposit, collateral and security.
Learn more
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Home energy efficiency loan

A personally-calculated offer for up to 20 000 EUR. With no deposit, collateral and security.
Learn more

Example of delaying the principal for 5 years

Loan with delayed principal payments for 5 years Loan with standard repayment schedule
Purchase sum 100 000 EUR 100 000 EUR
Deposit 25 000 EUR (25 %) 15 000 EUR (15 %)
Loan sum 75 000 EUR 85 000 EUR
Loan term 30 years 30 years
Annual Percentage Rate 2.5 % + 6M EURIBOR4 2 % + 6M EURIBOR5
Monthly payment for the first 5 years 316.81 EUR 434.17 EUR
Monthly payment after 5 years 441.46 EUR 434.17 EUR
Loan with delayed principal payments for 5 years
Purchase sum 100 000 EUR
Deposit 25 000 EUR (25 %)
Loan sum 75 000 EUR
Loan term 30 years
Deposit 25 000 EUR (25 %)
Loan sum 75 000 EUR
Loan term 30 years
Annual Percentage Rate 2.5 % + 6M EURIBOR4
Monthly payment for the first 5 years 316.81 EUR
Monthly payment after 5 years 441.46 EUR
Loan with standard repayment schedule
Purchase sum 100 000 EUR
Deposit 15 000 EUR (15 %)
Loan sum 85 000 EUR
Loan term 30 years
Annual Percentage Rate 2 % + 6M EURIBOR5
Monthly payment for the first 5 years 434.17 EUR
Monthly payment after 5 years 434.17 EUR

1 Example: if you take out a 30-year loan secured by a real estate mortgage for 80 000 EUR with an interest rate per year of 2.05 % + 6-month EURIBOR (for the purposes of this calculation, we have used the 6-month EURIBOR rate as of 02.01.2023, which is 2.732 %), then your monthly payment is 418.86 EUR (for a total of 360 payments). APR 5.14 %. The total amount to be paid by the customer (including repaying the loan, interest payments, a 0 EUR commission fee for processing the loan, a government fee of 0.1% of the mortgage sum for registering the loan in the land registry, and the annual insurance premium for the mortgaged property (assuming that it is 100 EUR starting from the second year after signing the loan agreement)) is 154 728.80 EUR. Borrow responsibly, and consider your ability to repay the loan.
2 Presuming the loan interest rate is 7.9 % per year, the total loan amount is 5000 EUR, the loan agreement is for 48 months, the commission fee is 100 EUR, and the Annual Percentage Rate (APR) is 9.44 %, the total amount the customer would have to repay is 5960.32 EUR, and the monthly repayment amount is 122.09 EUR.
3 Example for a credit card: Annual Percentage Rate (APR) 13.83 %, assuming that the credit limit is 1500 EUR and the interest rate is 9 %.
4 Example: if you take out a 30-year loan secured by a real estate mortgage for 75 000 EUR with an interest rate per year of 2.50 % + 6-month EURIBOR (for the purposes of this calculation, we have used the 6-month EURIBOR rate as of 12.12.2022, which is 2.569 %), then your monthly payment is 316.81 EUR (for a total of 60 payments) and 441.46 EUR (for a total of 300 payments). APR 5.56 %. The total amount to be paid by the customer (including repaying the loan, interest payments, a 1 % commission fee for processing the loan, a government fee of 0.1% of the mortgage sum for registering the loan in the land registry, and the annual insurance premium for the mortgaged property (assuming that it is 100 EUR starting from the second year after signing the loan agreement)) is 156 376.85 EUR. Borrow responsibly, and consider your ability to repay the loan.
5 Example: if you take out a 30-year loan secured by a real estate mortgage for 85 000 EUR with an interest rate per year of 2.00 % + 6-month EURIBOR (for the purposes of this calculation, we have used the 6-month EURIBOR rate as of 12.12.2022, which is 2.569 %), then your monthly payment is 434.17 EUR (for a total of 360 payments). APR 5.02 %. The total amount to be paid by the customer (including repaying the loan, interest payments, a 1 % commission fee for processing the loan, a government fee of 0.1% of the mortgage sum for registering the loan in the land registry, and the annual insurance premium for the mortgaged property (assuming that it is 100 EUR starting from the second year after signing the loan agreement)) is 161 237.85 EUR. Borrow responsibly, and consider your ability to repay the loan.