Money.
Know your situation.
Inflation was 2.2% in August 2026, and earnings rose 3.4% a year in April–June, so real earnings are growing. Money Radar brings interest rates, prices and wages together and offers calculators for planning your own and your company's finances. Choose For you or For business above.
Money Radar gathers the key money figures – interest rates, inflation and wage trends – and provides calculators for planning your own and your company's finances.
- Households: buffer, budget, savings and loans
- Entrepreneurs: cash flow, budget, pricing and financing
Tools for managing your personal finances
Buffer, budget, savings and loans. The calculators run in your browser and no data is stored.
Household cash test
How many months can you manage if your income stops? You also get your savings rate and the ratio of debts to income.
Monthly budget
Where the money goes and how much is left in savings. For comparison, the common 50/30/20 split.
Savings goal
How long it takes to reach your goal – a buffer, a car or a home down payment.
Loan instalment and interest rate test
Equal instalment at the current rate and at the 6% rate that banks use to test ability to pay.
Cash, budget and pricing
Quick calculations for entrepreneurs. You can make a precise 12-month forecast and financial statement analysis in Profit Radar.
Company cash test
How many months will the cash last if sales fall by 30%?
Quick budget and critical point
Operating margin, break-even point and safety margin in six figures.
What hourly rate is worth invoicing?
An entrepreneur's hourly rate based on target pay, expenses and billable hours.
The true cost of a business loan
Monthly instalment, total cost and actual annual interest rate including costs. Compare offers using the same figures and see whether your cash flow can handle the instalment.
Company financing options
Often the cheapest interest rate, but requires collateral and a financial statement history. Ask for an offer from at least two banks.
Supplements bank financing when collateral is not sufficient. Finnvera is the state's specialised financing company.
finnvera.fi →Business Finland, ELY Centres and foundations. The support is not a loan, but the application takes time.
Grants Radar →A decision can come the same day, but interest and fees are usually higher than at a bank. Calculate the real annual rate with the calculator above before you sign.
Turn your receivables into cash right away. Suits when customers' payment terms are long. Compare the fee as a percentage per year.
The information is general and is not financial advice. Always compare the real annual rate and total cost of the offers.
Upload your financial statements or interim figures and you will see the key ratios, the cash flow 12 months ahead and the next steps.
Calculator
Money Radar in numbers
Rules of thumb for your own finances
General recommendations, not personal financial advice.
| Meter | Rule of thumb | Why |
|---|---|---|
| Buffer | 1–3 months of essential expenses, ideally 3–6 months | An unexpected expense or a break in income does not force you into debt |
| Savings rate | Start with 5–10 % of net income | Regularity matters more than the amount |
| Housing costs | At most about a third of net income | Leaves room for other expenses and saving |
| Loan servicing | Withstands a 6% interest rate | Financial Supervisory Authority recommendation on banks' repayment capacity test |
| Budget allocation | 50% for essentials, 30% for discretionary spending, 20% for savings | General 50/30/20 rule – adapt to your own situation |
Rules of thumb for company finances
General monitoring limits for an SME. There are large differences between industries.
| Meter | Rule of thumb | Why |
|---|---|---|
| Cash | Fixed costs and loan servicing for at least one month | A late payment won't sink your cash flow |
| Safety margin | Over 15% of turnover | A small drop in sales does not lead to a loss |
| Debt service coverage ratio | Operating margin at least 1.2 × loan servicing | Funders often look at this |
| Default interest | 10,5 % between businesses 1.7.–31.12.2026 | Charge interest on late invoices |
| Pricing | Calculate the hourly rate from billable hours, not hours worked | Not all working time can be invoiced |
Tax changes in 2026 and proposals for 2027
The key changes for households and businesses. The proposal is not yet law in force until Parliament approves it and the law is confirmed.
| Change | What | Applies to | Status |
|---|---|---|---|
| Value added tax 14 % → 13,5 % | Food, restaurants, sport, culture, books, passenger transport, accommodation | 2026 | In force from 1 Jan 2026 |
| Lower limit of inheritance tax 20 000 → 30 000 € | Lower limit of the taxable inheritance share | 2026 | Valid |
| Gift tax lower limit 5,000 → 7,500 € | Gifts from the same donor within three years | 2026 | Valid |
| Household deduction €1,600 → €2,100 | 40 % of the company's work, 15 % of hired labour, deductible 150 € | 2026–2027 | In force retroactively from 1 Jan 2026 (Finnish Tax Administration 13 Oct 2026) |
| Exercise and culture benefit 400 → 540 € | Tax-free maximum per year | 2026 | Parliament approved 9/2026 (HE 113/2026) |
| Travel cost deductible 900 → 800 € | Journeys between home and workplace | 2026 | Parliament approved 9/2026 (HE 113/2026) |
| Corporate tax 20% → 18% | Income tax of limited companies and other entities | 2027 | Government proposal |
| Entrepreneur's deduction 5 % → 5,5 % | From the result of business activity and agriculture | 2027 | Government proposal |
Save time with ready-made templates
Free tool available to download with a free account. Larger tools as a one-off purchase, no subscription: files immediately after payment.
Free toolCompound interest savings calculator
Calculate what your monthly savings grow to with compound interest and how much you need to save to reach your goal.
- Accumulation, share of return and real value
- Effect of costs on yield
- Monthly saving required for the savings goal
Household budget and debt plan
Monthly budget, savings goals and debt repayment plan.
Households
9,90 € incl. VATBuy 9,90 €
Loan calculator and repayment plan
Monthly instalment, interest and costs, full repayment schedule, interest rate scenarios and comparison of two offers.
For those considering a loan and borrowers
2,90 € incl. VATBuy 2,90 €Read before you decide
Buffer fund: how much savings should you have for a rainy day?
A buffer fund protects against unexpected expenses and a break in income. See how the size of the buffer is calculated, where to keep it and what the deposit guarantee covers.
Read the guide →Budgeting, interest rates and inflation 2026: what the figures mean for you
Inflation was 2.2% in August 2026 and the 12-month Euribor about 3.2%. Here is how the figures affect purchasing power, savings and loans – and how to make a budget.
Read the guide →Tax refund and residual tax 2026: payment dates and due dates
Tax refund payment dates and residual tax due dates 2026 for tax year 2025, compensatory interest, residual tax interest and the limit of under 10 euros.
Read the guide →Tax card 2027 and the change tax card: when and how
When the 2027 tax card arrives in OmaVero, how the income limit and additional percentage work, and when it is worth applying for a revised tax card.
Read the guide →Household deduction 2026 and 2027: what changed and how to claim
The household deduction in 2026–2027 is 40% of the work and up to €2,100 per person, with a €150 excess. See the changes, conditions and how to apply.
Read the guide →Household budget template: how to make a budget
A household budget step by step: income, fixed and variable expenses, savings and a copyable budget template with worked examples.
Read the guide →Deadlines and dates
Money Radar reminds its subscribers about these by email.
- ECB monetary policy meeting
ECB Governing Council interest rate decision and press conference, Frankfurt.
Source - ECB monetary policy meeting
ECB Governing Council interest rate decision and press conference.
Source - New reference rate and default interest rates enter into force
The reference rate under the Interest Act is confirmed every six months. For 1.7.–31.12.2026 the reference rate is 2.5%, the penalty interest 9.5% and in commercial contracts 10.5%. The Bank of Finland announces the rate for the period starting 1.1.2027 before the period begins.
Source - ECB monetary policy meeting
ECB Governing Council interest rate decision and press conference.
Source - ECB monetary policy meeting
ECB Governing Council interest rate decision and press conference.
Source
No upcoming dates right now.
Frequently asked questions: Money Radar
What is inflation now?
According to Statistics Finland, the annual change in consumer prices in August 2026 was 2.2%. In July inflation was 2.1%. In August inflation was pushed up most by fuel prices.
How big a buffer should you have?
The general recommendation is that savings cover at least 1–3 months of essential expenses, such as housing, food, loan payments and insurance. If your income varies or your job is insecure, a buffer of 3–6 months is safer. The Money Radar cash test calculates your buffer in months.
What is the 50/30/20 rule?
It is a simple budgeting guideline: about 50 % of net income for essentials, 30 % for leisure and 20 % for savings or extra debt repayment. The guideline is indicative – living in big cities often costs more.
How does the bank test whether your money is enough for the loan?
According to the Financial Supervisory Authority's recommendation, banks assess a home loan applicant's repayment capacity at an interest rate of 6 percent and a loan term of at most 25 years. This ensures that the loan can be managed even when interest rates rise. The Money Radar's loan calculator shows the instalment at both the current rate and a 6 % rate.
What is the critical point?
The break-even point is the revenue at which the company's result is zero. It is calculated by dividing fixed costs by the sales margin percentage. For example, fixed costs of €18,000 and a 55% sales margin mean monthly sales of about €32,700.
How much cash should a business have?
As a rule of thumb, the cash balance should cover at least one month of fixed costs and loan repayments. Seasonal industries need more. Use the Money Radar cash test to check how many months your cash lasts if sales fall by 30%.
What is the penalty interest rate in business-to-business trade?
In business-to-business transactions, the late-payment interest rate for 1.7.–31.12.2026 is 10,5 % in total. Interest can be charged on a late-paid invoice from the due date.
How much is the household tax credit in 2026?
In 2026 and 2027 the maximum is €2,100 per person, 40% of a company's work is deducted and the excess is €150; for an employee you hire yourself the deduction is 15%. The increase applies retroactively to all work paid in 2026 (Finnish Tax Administration 13.10.2026). Before 2026 the deduction was 35% and at most €1,600.
What is penalty interest?
1.7.–31.12.2026 the default interest under the Interest Act is 9,5 % a year, and 10,5 % in commercial contracts between businesses. It is calculated from the reference rate confirmed by the Bank of Finland (2,5 %) by adding 7 or 8 percentage points.
How much inheritance or gift can you receive tax-free?
From 2026, inheritance tax is not paid if the taxable inheritance share is under €30,000. Gift tax is not paid if gifts from the same donor over three years total under €7,500 (Veronmaksajat: Tax changes 2026).
Will corporate income tax fall in 2027?
In its 2027 budget proposal the government proposes lowering the corporate tax rate from 20 % to 18 % and raising the entrepreneur deduction to 5.5 % (Ministry of Finance 21.9.2026). The changes take effect only if Parliament approves them.
How to use the information
- Make a budget once and review it at the end of the month: the three largest expense items show where a change is worth targeting.
- When interest rates have fallen, do not automatically reduce your loan repayment – extra repayments reduce interest costs over the whole loan term.
- If your finances are in a tangle, free help is available from financial and debt counselling. Get in touch before the bills go to collection.
- Make a cash flow forecast for at least three months ahead and update it once a month. The forecast tells you in good time when financing is needed.
- Invoice as soon as the work is finished and monitor outstanding receivables weekly. A shorter payment term improves cash flow faster than many savings measures.
- Check prices at least once a year: when costs rise with inflation, a price that stays the same means a shrinking margin.
- If you are having renovation or cleaning done, make use of the household expenses deduction: in 2026–2027 it is 40% of the labour share, up to €2,100 per person, and the deductible is €150. Spouses can each claim the deduction.
- Charge late-payment interest on overdue invoices. In business-to-business sales the interest rate is 10,5 % a year until 31.12.2026, and it is worth mentioning in the invoice's payment terms.
- Check the changes before the turn of the year: the lower limit for inheritance tax rose to €30 000 and the lower limit for gift tax to €7 500 in 2026, which affects the planning of generational changes and gifts.
Useful links
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Sources (15)
- Statistics Finland: Consumer price index 2026, August (14.9.2026)
- Bank of Finland: Euribor and average loan rates
- Statistics Finland: Index of wage and salary earnings (26.8.2026)
- Financial Supervisory Authority: assessment of repayment capacity
- Nord Pool: spot electricity prices
- Bank of Finland / STT Info: Reference rate under the Interest Act and default interest 1.7.–31.12.2026 (30.6.2026)
- Finnish Tax Administration: Increase proposed to the household expense deduction, deductible for travel costs to decrease (16.6.2026)
- Finnish Tax Administration: Amount of the household expense deduction (updated 13.10.2026)
- Ministry of Finance: HE 113/2026
- Taloustaito: The sports and culture benefit rises to €540 – Parliament approved (21.9.2026)
- Taxpayers of Finland: Tax changes in 2026
- Ministry of Finance: Changes to the 2027 tax bases and the Income Tax Act (21.9.2026)
- Salkunrakentaja: Government continues its austerity line and proposes tax cuts (5.8.2026)
- Finnish Tax Administration: VAT rates
- ECB: schedule of monetary policy meetings
The information has been compiled from public sources on 27.10.2026. Always check the current terms from the original source. The information is not investment, loan or legal advice.