Mortgage Calculator Sweden

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:

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.