Debt share (velkaosuus)

The debt share (velkaosuus) is the part of the housing company’s shared loan that is allocated to your apartment specifically. When you look at a listing, the selling price is often only the price of the shares, and the debt share comes on top. Debt-free price = selling price + debt share, and it tells you what the home really costs.

The debt share is paid down month by month through the financing charge (rahoitusvastike), which appears in the monthly charge (yhtiövastike). In many housing companies you can also pay off the debt share in one go, after which the financing charge disappears. Check in the property manager’s certificate (isännöitsijäntodistus) both the size of the debt share and whether paying it off is possible and when the next payoff window is.

A large debt share is not automatically a bad thing, but it changes the calculation. A low selling price and a large debt share mean a smaller deposit at the moment of purchase but a higher monthly charge. Always compare debt-free prices with each other, not selling prices, so your view of the homes’ real price stays honest.