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Loan Servicing Representative salary in Estonia

Average Yearly Salary of Loan Servicing Representative in Estonia is approximately 19,372 EUR (19,399 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.

What does Loan Servicing Representative do?

occupation personasA loan servicing representative is responsible for managing the administrative tasks related to loan accounts. They ensure accurate and timely processing of loan payments, maintain customer records, and handle inquiries and concerns from borrowers. Their duties include updating loan information, generating statements, and resolving any issues that may arise during the loan repayment process. Loan servicing representatives also work closely with other departments such as collections, underwriting, and customer service to provide comprehensive support to borrowers. They must have strong communication skills to effectively interact with customers and provide excellent customer service. Attention to detail is crucial in this role, as loan servicing representatives need to accurately document loan transactions and maintain organized records. This occupation requires knowledge of loan products and regulations, as well as proficiency in using loan servicing software and systems.

Skills: Loan servicing, Customer service, Loan management, Financial services, Administrative support, Loan processing
Job industry: Finance


How much does Loan Servicing Representative make?

Salary details
How much does Loan Servicing Representative make?
Estimated Yearly Salary: 19,372 EUR
Estimated Monthly Salary: 1,614 EUR
Estimated Weekly Salary: 373 EUR per week
Estimated Hourly Salary: 9 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 18,679 EUR
Estimated Monthly Salary: 1,557 EUR
Estimated Weekly Salary: 359 EUR per week
Estimated Hourly Salary: 9 EUR per hour
Last revision of data: 2024-01-03



Loan Servicing Representative estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 19,399 USD
Estimated Monthly Salary: 1,617 USD
Estimated Weekly Salary: 373 USD per week
Estimated Hourly Salary: 9 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 4 %

About these results Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.

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Salary comparison to National average

Estonia, located in Northern Europe, is a small country with a population of approximately 1.3 million people. It covers an area of around 45,000 square kilometers, making it one of the smallest countries in the European Union. Despite its size, Estonia has made significant advancements in technology and digital innovation, earning it the nickname "e-Estonia."

Estimated national average yearly salary is 25,152 EUR (27,640 USD). Value indicated is pre-tax. Below graph shows estimated Loan Servicing Representative job salary compared to average salary in Estonia.
Comparison shows that a person working as Loan Servicing Representative in Estonia earns on average:
0.77 times the average salary (or 77% of average salary).

Is Loan Servicing Representative a well paid job?

No, our data shows that Loan Servicing Representative is typically not a well-paid job. The salary varies based on experience. Meaning that even though Loan Servicing Representative might be a low paying job, with experience the salary might increase to satisfactory levels.

What is considered a high salary for Loan Servicing Representative?

High salary for Loan Servicing Representative would be somewhere between 21,309 EUR and 28,089 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Loan Servicing Representative in Estonia?

Living in Estonia the approximate monthly expenses are: 1,106 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.

Estimated Yearly Salary: 19,372 EUR
Estimated Monthly Salary: 1,614 EUR
Estimated Weekly Salary: 373 EUR per week
Estimated Hourly Salary: 9 EUR per hour
By working as Loan Servicing Representative a person can save up to 511 USD per month or 6,132 USD yearly. Values are pre-tax.

NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.

For more information regarding expenses in Estonia, see costs of living in Estonia.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Russia, Latvia, Finland..
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Loan Servicing Representative

Russia is 8,985 USDdown arrow 54%
Details on Loan Servicing Representative salary in Russia
Latvia is 14,985 USDdown arrow 23%
Details on Loan Servicing Representative salary in Latvia
Last revision of data: 2025-01-04

Salary increase per years of experience

Based on data available the salary increase per years of experience is as following

    0 years (beginner) equals base salary
    1 to 5 years of experience yields up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Estonia

(288,066 EUR per year, pre-tax.)
(240,102 EUR per year, pre-tax.)
(231,505 EUR per year, pre-tax.)
(224,746 EUR per year, pre-tax.)
(224,064 EUR per year, pre-tax.)
(219,685 EUR per year, pre-tax.)
(218,978 EUR per year, pre-tax.)
(218,750 EUR per year, pre-tax.)
(218,678 EUR per year, pre-tax.)
(218,557 EUR per year, pre-tax.)

Data as of 2025

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