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Maximum amounts of home savers bonus loans to increase in April

Ministry of the Environment
Publication date 25.1.2024 13.24 | Published in English on 25.1.2024 at 13.49
Press release

The Government has decided to raise the maximum amounts of home savers bonus (ASP) loans intended for those buying their first home. The maximum amounts will rise between EUR 15,000 and 25,000 depending on the municipality where the home is located. The aim is to make it easier for people to purchase or build their first home. The new maximum amounts will be applied from 1 April 2024.

The purpose of the home savers bonus (ASP) system is to encourage saving and make it easier for people to buy their first home. As part of its measures to boost housing construction, Prime Minister Orpo’s Government decided to raise the maximum amounts of ASP loans in its budget session of September 2023. The possibility to take out a larger interest-subsidised ASP loan will encourage some first time buyers to acquire a home that meets their needs.

“Most young adults dream of owning a home, but in recent years first time buyers have started to postpone such purchases. By increasing the maximum amounts, our aim is to make it a bit easier to buy a first home with an ASP loan,” says Minister of Climate and the Environment Kai Mykkänen.

The new maximum loan amounts in dirrefent municipalities

Helsinki    230,000 EUR
Espoo, Vantaa, Kauniainen    185,000 EUR
Tampere, Turku    160,000 EUR
Other municipalities    140,000 EUR

The ASP loan amount will increase the most in Espoo, Kauniainen and Vantaa, where more than a third of first time buyers now take out the maximum amount. The maximum amounts will rise in other areas too. The amount of loan granted to a borrower will continue to depend on the home to be purchased as well as the borrower’s savings, solvency and financial situation.

Based on the comments received during the consultation round, raising the maximum amounts of ASP loans was considered necessary. The comments also highlighted various development needs for the maximum amounts of ASP loans and the system as a whole. A broad development project concerning the ASP legislation, which has recently began at the Ministry of the Environment, will take these comments into consideration.


Emma-Stina Vehmanen
Special Adviser to the Minister
tel. +358 40 847 1992
[email protected]

Satu Eronen
Senior Specialist, Legal Affairs
[email protected]
tel. +358 295 250 180