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Varainsiirtovero is 3% or 1.5%, depending on what you actually own

Finnish transfer tax has two rates, and which one you pay turns on the legal form of the home rather than its price. Buying real property, a house and the land under it, is taxed at 3%. Buying shares in a housing company, which is how most Finnish flats are owned, is taxed at 1.5%.

The calculator models the 3% real-property case. If you are buying an asunto-osakeyhtiö flat, halve the transfer-tax line.

The first-home exemption, which used to remove the tax entirely for a buyer under 40, was abolished at the start of 2024 when the rates were cut. There is no relief to model any more: everybody pays.

No mortgage insurance, a statutory loan cap instead

Finland has no mortgage insurance. The Financial Supervisory Authority's loan cap does the work: borrowing is limited to 90% of the collateral value for a first home and 85% otherwise, so a deposit is a regulatory requirement rather than something a premium can substitute for.

Kiinteistövero is set by each municipality within statutory limits, and the permanent-residence band runs from 0.41% to 1.00% of taxable value. Taxable value is not market price, so the 0.5% of price used here is an equivalent rather than the rate on your own tax decision. Buying costs are unusually low, about 0.5% for registration, survey and legal work, because a real-property sale is attested by a public purchase witness rather than drawn up by a notary in the continental sense.

For how the calculation works, the formula behind it and what it leaves out, see the full guide.

Data sources

  • Finnish varainsiirtovero and purchase costs

    Effective 2024-01-01 onward · retrieved 2026-08-30

    Rates were cut and the first-home exemption abolished with effect from 1 January 2024.

    How we checked these figures

    Vero.fi publishes 3% for real estate and buildings and 1.5% for housing company shares.

    Current

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Each country has its own rates, thresholds and rules, and its own page with the official sources they came from.

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