Calculate your Mortgage in Sweden
Mortgage Calculator Sweden
Instantly estimate your monthly mortgage in SEK
Save money with lower interest rates
Instant answers from multible Swedish lenders
We recommend applying to more than one provider to improve your chances. It’s 100% non-binding – and if you’re approved and accept the offer, you still have 14 day cancellation right.
Recommended
Amount
SEK 5.000 – 90.000
(≈ USD 500 – 9.300)
Term
12-72 months
Interest rate
20%
Verified Company
Borrow without credit check from UC
Payment on the same day
Example: A loan of SEK 30,000 at 20% nominal fixed interest, SEK 300 arrangement fee, SEK 30 monthly administration fee with a repayment period of 60 months gives an effective interest rate of a total of 25.03%. Arrangement fee is paid with the first monthly payment. This gives a total of SEK 49,957.85 to be repaid in 60 installments of SEK 832.64.
Borrowing costs money.
If you are unable to repay your debt on time, you risk getting a payment default. This can make it harder to rent a home, sign contracts, or obtain new loans. For support, contact the municipal budget and debt counselling service. You can find contact information at konsumentverket.se.
Amount
SEK 5.000 – 800.000
(≈ USD 500 – 83.000)
Term
12-240 months
Interest rate
4,95 – 23%
Example: Annuity loan 12 years, amount 400,000 SEK, variable interest rate 7.99%, arrangement cost 400 SEK, avi fee 20 SEK, gives an effective interest rate of 8.41%. Total amount to be repaid 626,457 SEK, divided into 144 repayments, gives a monthly cost of 4,348 SEK. Repayment period 1-20 years. Maximum interest rate is 23.00%. Interest rate range between: 4.95% – 23.00%. Updated 2025-03-01
Borrowing costs money.
If you are unable to repay your debt on time, you risk getting a payment default. This can make it harder to rent a home, sign contracts, or obtain new loans. For support, contact the municipal budget and debt counselling service. You can find contact information at konsumentverket.se.
Amount
SEK 10.000 – 600.000
(≈ USD 1.000 – 63.000)
Term
12-180 months
Interest rate
6,23 % – 27,80 %.
Verified Company
You will receive an offer immediately
Collect small loans and credits
Example: The credit interest rate is 23.00%. The annual fee is 0 SEK. When using a credit of 10,000 SEK with repayment through 12 monthly payments of 941 SEK, the effective interest rate is 25.59%. The total amount to be repaid is 11,292 SEK. The example is calculated in March 2025 and the interest rate is variable.
Borrowing costs money.
If you are unable to repay your debt on time, you risk getting a payment default. This can make it harder to rent a home, sign contracts, or obtain new loans. For support, contact the municipal budget and debt counselling service. You can find contact information at konsumentverket.se.
Amount
SEK 5.000 – 800.000
(≈ USD 500 – 83.000)
Term
12-240 months
Interest rate
4,95% – 23%
Example: Annuity loan 12 years, amount 400,000 SEK, variable interest rate 7.99%, arrangement cost 400 SEK, avi fee 20 SEK, gives an effective interest rate of 8.41%. Total amount to be repaid 626,457 SEK, divided into 144 repayments, gives a monthly cost of 4,348 SEK. Repayment period 1-20 years. Maximum interest rate is 23.00%. Interest rate range between: 4.95% – 23.00%. Updated 2025-03-01
Borrowing costs money.
If you are unable to repay your debt on time, you risk getting a payment default. This can make it harder to rent a home, sign contracts, or obtain new loans. For support, contact the municipal budget and debt counselling service. You can find contact information at konsumentverket.se.
Amount
SEK 10.000 – 150.000
(≈ USD 1.000 – 15.800)
Term
24-144 months
Interest rate
22,95 %
Example:*Annuity loan 5 years, effective annual interest rate 26.5%. A loan of SEK 60,000 costs SEK 1,709/month (60 installments), a total of SEK 42,821 incl. SEK 199 in arrangement fee and SEK 19 in avia fees. 22.95% nominal interest. Variable interest rate. Banky collaborates with Nordiska Kreditmarknadsaktiebolaget. Updated 2025-02-28.
Borrowing costs money.
If you are unable to repay your debt on time, you risk getting a payment default. This can make it harder to rent a home, sign contracts, or obtain new loans. For support, contact the municipal budget and debt counselling service. You can find contact information at konsumentverket.se.
Amount
SEK 10.000 – 800.000
(≈ USD 1.000 – 83.000)
Term
12-144 months
Interest rate
4,95 %-23 %
Example: Annuity loan 12 years. Effective annual interest rate 9.63%. A loan of SEK 200,000 then costs SEK 2,302/month (144 installments), i.e. a total of SEK 331,495. No start-up/termination fee. 9.23% nominal interest rate (variable interest rate, set individually based on your circumstances). The application will be sent to the lenders that best match your profile, updated 2025-01-09.
Borrowing costs money.
If you are unable to repay your debt on time, you risk getting a payment default. This can make it harder to rent a home, sign contracts, or obtain new loans. For support, contact the municipal budget and debt counselling service. You can find contact information at konsumentverket.se.
Amount
SEK 10.000 – 50.000
(≈ USD 1.000 – 5.200)
Term
24-72 months
Interest rate
16,95 %-22,95 %
Example: A loan of SEK 25,588 taken out on 2025-06-30 at a variable interest rate of 19.95 percent with a repayment period of 72 months entails 72 installments of approximately SEK 660, SEK 588 in arrangement fee and SEK 49 in monthly administration fee. This gives an effective interest rate of a total of 27.10 percent and a total repayment of SEK 48,096.62.
Borrowing costs money.
If you are unable to repay your debt on time, you risk getting a payment default. This can make it harder to rent a home, sign contracts, or obtain new loans. For support, contact the municipal budget and debt counselling service. You can find contact information at konsumentverket.se.
Amount
SEK 1.000 – 20.000
(≈ USD 105 – 2.000)
Term
12-36 months
Interest rate
22 %
Example: Borrow SEK 15,000 for 24 months. Total repayment SEK 18,847, or SEK 785 per month. Annual fixed interest rate 22%. Effective annual interest rate 28%, Set-up fee SEK 350. Total cancellation fees SEK 59.
Borrowing costs money.
If you are unable to repay your debt on time, you risk getting a payment default. This can make it harder to rent a home, sign contracts, or obtain new loans. For support, contact the municipal budget and debt counselling service. You can find contact information at konsumentverket.se.
Amount
SEK 2.000 – 200.000
(≈ USD 210 – 21.000)
Term
4-19 months
Interest rate
23 %
Example: A credit of SEK 14,000 at 23.00% interest with a repayment period of ten months (with ten repayments of SEK 2,542, SEK 1,889, SEK 1,860, SEK 1,832, SEK 1,803, SEK 1,775, SEK 1,746, SEK 1,718, SEK 1,689 and SEK 1,661) and SEK 588 in arrangement fee, SEK 1,780 in Minimum to pay amount and SEK 600 in avi fees gives an effective interest of a total of 78.26%. The total amount to repay is SEK 18,517.
Borrowing costs money.
If you are unable to repay your debt on time, you risk getting a payment default. This can make it harder to rent a home, sign contracts, or obtain new loans. For support, contact the municipal budget and debt counselling service. You can find contact information at konsumentverket.se.
Amount
SEK 5.000 – 800.000
(≈ USD 500 – 84.000)
Term
12-240 months
Interest rate
4,9 – 22,95 %
Example: A credit of SEK 14,000 at 23.00% interest with a repayment period of ten months (with ten repayments of SEK 2,542, SEK 1,889, SEK 1,860, SEK 1,832, SEK 1,803, SEK 1,775, SEK 1,746, SEK 1,718, SEK 1,689 and SEK 1,661) and SEK 588 in arrangement fee, SEK 1,780 in Minimum to pay amount and SEK 600 in avi fees gives an effective interest of a total of 78.26%. The total amount to repay is SEK 18,517.
Borrowing costs money.
If you are unable to repay your debt on time, you risk getting a payment default. This can make it harder to rent a home, sign contracts, or obtain new loans. For support, contact the municipal budget and debt counselling service. You can find contact information at konsumentverket.se.
Amount
SEK 1.000 – 30.000
(≈ USD 105 – 3.000)
Term
8-180 months
Interest rate
23 %
Example: Utilized credit of SEK 30,000 for 12 months, total repayment of SEK 35,645 (average SEK 2,970 per month). Effective annual interest rate: 39.31%. Account credit with variable nominal annual interest of 20% plus the reference interest rate currently 23%. Fees: Set-up fee SEK 395. Withdrawal fee SEK 195. Monthly administrative fee: SEK 99. The loan example assumes a withdrawal with a fee, an set-up fee and 12 monthly administrative fees.
Borrowing costs money.
If you are unable to repay your debt on time, you risk getting a payment default. This can make it harder to rent a home, sign contracts, or obtain new loans. For support, contact the municipal budget and debt counselling service. You can find contact information at konsumentverket.se.
Want to know how much your mortgage will cost in Sweden? Or how much you can borrow based on your income? Use our fast and simple mortgage loan calculator to get clear answers in seconds.
Just enter your income, interest rate, and loan term – and we’ll calculate your estimated monthly payment or maximum loan amount in SEK. Whether you’re buying alone or with a partner, the calculator adapts to your situation.
Calculate your monthly mortgage payment in SEK
If you already know the price range of the home you’re looking for, our calculator helps you estimate your monthly mortgage cost based on Swedish conditions. Just enter the loan amount, interest rate, and loan term, and you’ll see what to expect in fixed monthly payments.
In Sweden, most homebuyers choose annuity loans (“annuitetslån”), which means the monthly amount stays the same while the interest portion gradually decreases over time. The calculator uses this standard method to give you realistic numbers in SEK.
Want to test different rates or terms? Adjust the inputs and recalculate instantly. It’s built for quick comparisons.
How much can you borrow in Sweden?
In Sweden, the amount you can borrow is usually based on your gross annual income. Banks often lend up to 4.5 to 6 times your income, depending on your financial situation, debt ratio, and interest rate environment.
Our calculator helps you estimate your maximum loan amount based on your income, loan term, and interest rate. If you’re buying with a partner, you can include both incomes for a higher total.
Keep in mind that Swedish financial regulations also impose limits based on loan-to-value ratio (maximum 85 percent of the property’s value) and debt-to-income ratio. This means even if your income allows for a higher loan, other rules may reduce the final amount.
Test different income levels and see how much you could realistically borrow.
Alone or with a partner – how income affects borrowing
Buying a home alone means your borrowing capacity is based only on your own income. If you’re buying with a partner, both incomes are combined, which typically increases the total loan you can qualify for.
Our calculator lets you choose between these two scenarios and automatically adjusts the result. Just select “Buying with a partner” and enter both incomes to see the difference.
Banks in Sweden will assess your total household income, but also consider other factors like existing debts, number of dependents, and financial buffers. Still, income remains the single biggest driver of how much you can borrow.
Try both options in the calculator to see how it affects your loan capacity.
Self-employed in Sweden? Here’s how to calculate
If you’re self-employed, banks in Sweden will not use your most recent income alone. Instead, they typically look at your average taxable income over the past two to three years, based on your official tax returns (“inkomstdeklarationer”).
When using our calculator, enter the average income you’ve reported to Skatteverket. This gives you a more accurate estimate of how much you can borrow under Swedish mortgage rules.
Some lenders may also require additional documentation, such as annual reports or confirmation from an accountant. If you’re looking for financing beyond a home loan, we also cover available options for business loans in Sweden in our dedicated guide.
Use the “Buying alone” or “Buying with a partner” option depending on your situation, and try different income levels to see realistic loan ranges.
What does a typical mortgage cost per month?
Your monthly payment depends on the loan amount, the interest rate, and how many years you choose to repay it. To give you a quick overview, here’s a table with examples of monthly payments based on common mortgage amounts in Sweden:
| Loan Amount (SEK) | Interest Rate (%) | Term (Years) | Monthly Payment (Approx.) |
|---|---|---|---|
| 2,000,000 | 4.5 | 30 | 10,140 SEK |
| 2,500,000 | 4.5 | 30 | 12,670 SEK |
| 3,000,000 | 4.5 | 30 | 15,200 SEK |
| 3,500,000 | 4.5 | 30 | 17,730 SEK |
These figures are based on annuity loan calculations and assume stable interest rates. Use the calculator to try different combinations and see what fits your budget best.
Swedish amortization and down payment rules
In Sweden, you are required to make a minimum down payment of 15 percent of the property’s value. This means you can borrow up to 85 percent through a mortgage loan. For a home priced at 3 million SEK, the minimum down payment would be 450,000 SEK.
In addition, Swedish regulations require borrowers to amortize (repay) part of the loan each year, depending on the loan-to-value ratio:
- If your mortgage exceeds 70% of the property’s value, you must amortize 2% per year
- Between 50–70%, the requirement is 1% per year
- Below 50%, amortization is optional
These rules apply to most borrowers unless you receive an exemption from your bank. Our calculator shows your monthly cost based on the full loan amount, but remember to also account for your required down payment and amortization schedule.
Fixed or variable interest rate – what do Swedes choose?
When taking out a mortgage in Sweden, you’ll typically choose between a fixed interest rate (bunden ränta) and a variable rate (rörlig ränta). Each has pros and cons depending on your financial goals and market outlook.
- A fixed rate locks your interest for a set period (usually 1–5 years), offering stability in your monthly payments.
- A variable rate adjusts with market changes, usually every three months, and can be cheaper in low-rate environments.
Many Swedish homeowners split their mortgage into parts with different fixed periods to balance stability and flexibility. There’s no universal right choice – it depends on your risk tolerance and long-term plans.
Use the calculator with different rates to compare how much even small changes in interest affect your monthly payment.
FAQ
Bridge Loans in Sweden
The calculator provides a reliable estimate based on standard annuity loan formulas and Swedish lending rules. Final loan offers may vary depending on your credit score, debts, and the lender’s policies.
Yes. Just enter your average taxable income from the past few years. This is how banks in Sweden assess self-employed applicants.
Use the current average mortgage rate in Sweden or the rate your bank has offered. You can adjust the number to compare different loan scenarios.
Absolutely. It’s designed for both residents and expats. If you’re employed in Sweden or have stable income, you can use the calculator to estimate your loan capacity.
The monthly cost reflects standard annuity payments, which include both interest and amortization. However, actual amortization requirements depend on your loan-to-value ratio.
Yes. Just switch to “Buying with a partner” in the second tab and enter both incomes.
