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📍 Norway · Housing & Loans Updated 2025/2026 Rules

Norway Mortgage Calculator

Estimate your Norway monthly mortgage payment and compare the effect of changing your down payment, rate, term and other costs. Confirm current terms with a lender.

Norway · NOK

Modeled for Norway: Variable or fixed-rate residential mortgage. Utlånsforskriften: 5× gross income cap, 85% max LTV, and 300 bps rate stress test

Rule version: source-linked-2026 · Last reviewed: 2026-09-06 (Verified statutory framework) · Official reference

⚙️ Inputs 📊 Breakdown 📅 Amortization 📖 Guide

Loan Details ?

Home price ? NOK 450 000,00

$50,000 $2,000,000+

Down payment ? NOK 67 500,00

Loan Terms

Interest rate (Annual %) ? 6.25%

1.0% 15.0%

Loan term

Monthly Costs & Escrow

Property Tax (% / year)

Home insurance ($ / yr)

HOA / Fees ($ / mo)

Fees and Advanced Options ▼

Origination fees ($)

Points (%)

Reset

Monthly Payment ✓

NOK 2 523,24

Principal, Interest, Tax & Ins. PITI

Total Payments 🗓️

NOK 756 968,68

Over full loan term

Total Interest 💲

NOK 374 468,68

Cost of borrowing

Loan & APR NO

NOK 382 500,00

APR 6,25% · LTV 85,00%

Monthly Payment Breakdown

Where each monthly dollar goes

NOK 2 523,24 / mo

100.0% P&I

P&I 100.0%

NOK 2 523,24

Composite

🛡️ Every on-time payment reduces your principal balance and builds lasting equity.

Tax + Insurance + HOA Total: NOK 0,00 / mo

Qualifying Stress Scenario

If qualifying at 11,25%, monthly payment would be NOK 3 818,27 and total interest NOK 762 974,38.

⚠

Rate Context unknown

No published market rates for this country and loan type yet.

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Calculation is instantly saved in this shareable URL.

Principal vs. Interest Cumulative Principal Interest

Outstanding Loan Balance Over Time

Amortization Schedule

Track how your balance decreases month by month or year by year

Year	Annual Payment	Principal Paid	Interest Paid	Ending Balance
Year 1	NOK 30 278,88	NOK 6 558,39	NOK 23 720,49	NOK 375 941,61
Year 2	NOK 30 278,88	NOK 6 980,22	NOK 23 298,66	NOK 368 961,39
Year 3	NOK 30 278,88	NOK 7 429,21	NOK 22 849,67	NOK 361 532,18
Year 4	NOK 30 278,88	NOK 7 907,07	NOK 22 371,81	NOK 353 625,11
Year 5	NOK 30 278,88	NOK 8 415,68	NOK 21 863,20	NOK 345 209,43
Year 6	NOK 30 278,88	NOK 8 956,99	NOK 21 321,89	NOK 336 252,44
Year 7	NOK 30 278,88	NOK 9 533,12	NOK 20 745,76	NOK 326 719,32
Year 8	NOK 30 278,88	NOK 10 146,31	NOK 20 132,57	NOK 316 573,01
Year 9	NOK 30 278,88	NOK 10 798,93	NOK 19 479,95	NOK 305 774,08
Year 10	NOK 30 278,88	NOK 11 493,54	NOK 18 785,34	NOK 294 280,54
Year 11	NOK 30 278,88	NOK 12 232,82	NOK 18 046,06	NOK 282 047,72
Year 12	NOK 30 278,88	NOK 13 019,65	NOK 17 259,23	NOK 269 028,07
Year 13	NOK 30 278,88	NOK 13 857,13	NOK 16 421,75	NOK 255 170,94
Year 14	NOK 30 278,88	NOK 14 748,40	NOK 15 530,48	NOK 240 422,54
Year 15	NOK 30 278,88	NOK 15 697,07	NOK 14 581,81	NOK 224 725,47
Year 16	NOK 30 278,88	NOK 16 706,71	NOK 13 572,17	NOK 208 018,76
Year 17	NOK 30 278,88	NOK 17 781,34	NOK 12 497,54	NOK 190 237,42
Year 18	NOK 30 278,88	NOK 18 925,07	NOK 11 353,81	NOK 171 312,35
Year 19	NOK 30 278,88	NOK 20 142,35	NOK 10 136,53	NOK 151 170,00
Year 20	NOK 30 278,88	NOK 21 437,96	NOK 8 840,92	NOK 129 732,04
Year 21	NOK 30 278,88	NOK 22 816,87	NOK 7 462,01	NOK 106 915,17
Year 22	NOK 30 278,88	NOK 24 284,51	NOK 5 994,37	NOK 82 630,66
Year 23	NOK 30 278,88	NOK 25 846,52	NOK 4 432,36	NOK 56 784,14
Year 24	NOK 30 278,88	NOK 27 509,01	NOK 2 769,87	NOK 29 275,13
Year 25	NOK 30 275,56	NOK 29 275,13	NOK 1 000,43	NOK 0,00

Month	Payment	Principal	Interest	Remaining Balance
Month 1	NOK 2 523,24	NOK 531,05	NOK 1 992,19	NOK 381 968,95
Month 2	NOK 2 523,24	NOK 533,82	NOK 1 989,42	NOK 381 435,13
Month 3	NOK 2 523,24	NOK 536,60	NOK 1 986,64	NOK 380 898,53
Month 4	NOK 2 523,24	NOK 539,39	NOK 1 983,85	NOK 380 359,14
Month 5	NOK 2 523,24	NOK 542,20	NOK 1 981,04	NOK 379 816,94
Month 6	NOK 2 523,24	NOK 545,03	NOK 1 978,21	NOK 379 271,91
Month 7	NOK 2 523,24	NOK 547,87	NOK 1 975,37	NOK 378 724,04
Month 8	NOK 2 523,24	NOK 550,72	NOK 1 972,52	NOK 378 173,32
Month 9	NOK 2 523,24	NOK 553,59	NOK 1 969,65	NOK 377 619,73
Month 10	NOK 2 523,24	NOK 556,47	NOK 1 966,77	NOK 377 063,26
Month 11	NOK 2 523,24	NOK 559,37	NOK 1 963,87	NOK 376 503,89
Month 12	NOK 2 523,24	NOK 562,28	NOK 1 960,96	NOK 375 941,61
Month 13	NOK 2 523,24	NOK 565,21	NOK 1 958,03	NOK 375 376,40
Month 14	NOK 2 523,24	NOK 568,15	NOK 1 955,09	NOK 374 808,25
Month 15	NOK 2 523,24	NOK 571,11	NOK 1 952,13	NOK 374 237,14
Month 16	NOK 2 523,24	NOK 574,09	NOK 1 949,15	NOK 373 663,05
Month 17	NOK 2 523,24	NOK 577,08	NOK 1 946,16	NOK 373 085,97
Month 18	NOK 2 523,24	NOK 580,08	NOK 1 943,16	NOK 372 505,89
Month 19	NOK 2 523,24	NOK 583,11	NOK 1 940,13	NOK 371 922,78
Month 20	NOK 2 523,24	NOK 586,14	NOK 1 937,10	NOK 371 336,64
Month 21	NOK 2 523,24	NOK 589,19	NOK 1 934,05	NOK 370 747,45
Month 22	NOK 2 523,24	NOK 592,26	NOK 1 930,98	NOK 370 155,19
Month 23	NOK 2 523,24	NOK 595,35	NOK 1 927,89	NOK 369 559,84
Month 24	NOK 2 523,24	NOK 598,45	NOK 1 924,79	NOK 368 961,39
Month 25	NOK 2 523,24	NOK 601,57	NOK 1 921,67	NOK 368 359,82
Month 26	NOK 2 523,24	NOK 604,70	NOK 1 918,54	NOK 367 755,12
Month 27	NOK 2 523,24	NOK 607,85	NOK 1 915,39	NOK 367 147,27
Month 28	NOK 2 523,24	NOK 611,01	NOK 1 912,23	NOK 366 536,26
Month 29	NOK 2 523,24	NOK 614,20	NOK 1 909,04	NOK 365 922,06
Month 30	NOK 2 523,24	NOK 617,40	NOK 1 905,84	NOK 365 304,66
Month 31	NOK 2 523,24	NOK 620,61	NOK 1 902,63	NOK 364 684,05
Month 32	NOK 2 523,24	NOK 623,84	NOK 1 899,40	NOK 364 060,21
Month 33	NOK 2 523,24	NOK 627,09	NOK 1 896,15	NOK 363 433,12
Month 34	NOK 2 523,24	NOK 630,36	NOK 1 892,88	NOK 362 802,76
Month 35	NOK 2 523,24	NOK 633,64	NOK 1 889,60	NOK 362 169,12
Month 36	NOK 2 523,24	NOK 636,94	NOK 1 886,30	NOK 361 532,18
Month 37	NOK 2 523,24	NOK 640,26	NOK 1 882,98	NOK 360 891,92
Month 38	NOK 2 523,24	NOK 643,59	NOK 1 879,65	NOK 360 248,33
Month 39	NOK 2 523,24	NOK 646,95	NOK 1 876,29	NOK 359 601,38
Month 40	NOK 2 523,24	NOK 650,32	NOK 1 872,92	NOK 358 951,06
Month 41	NOK 2 523,24	NOK 653,70	NOK 1 869,54	NOK 358 297,36
Month 42	NOK 2 523,24	NOK 657,11	NOK 1 866,13	NOK 357 640,25
Month 43	NOK 2 523,24	NOK 660,53	NOK 1 862,71	NOK 356 979,72
Month 44	NOK 2 523,24	NOK 663,97	NOK 1 859,27	NOK 356 315,75
Month 45	NOK 2 523,24	NOK 667,43	NOK 1 855,81	NOK 355 648,32
Month 46	NOK 2 523,24	NOK 670,90	NOK 1 852,34	NOK 354 977,42
Month 47	NOK 2 523,24	NOK 674,40	NOK 1 848,84	NOK 354 303,02
Month 48	NOK 2 523,24	NOK 677,91	NOK 1 845,33	NOK 353 625,11
Month 49	NOK 2 523,24	NOK 681,44	NOK 1 841,80	NOK 352 943,67
Month 50	NOK 2 523,24	NOK 684,99	NOK 1 838,25	NOK 352 258,68
Month 51	NOK 2 523,24	NOK 688,56	NOK 1 834,68	NOK 351 570,12
Month 52	NOK 2 523,24	NOK 692,15	NOK 1 831,09	NOK 350 877,97
Month 53	NOK 2 523,24	NOK 695,75	NOK 1 827,49	NOK 350 182,22
Month 54	NOK 2 523,24	NOK 699,37	NOK 1 823,87	NOK 349 482,85
Month 55	NOK 2 523,24	NOK 703,02	NOK 1 820,22	NOK 348 779,83
Month 56	NOK 2 523,24	NOK 706,68	NOK 1 816,56	NOK 348 073,15
Month 57	NOK 2 523,24	NOK 710,36	NOK 1 812,88	NOK 347 362,79
Month 58	NOK 2 523,24	NOK 714,06	NOK 1 809,18	NOK 346 648,73
Month 59	NOK 2 523,24	NOK 717,78	NOK 1 805,46	NOK 345 930,95
Month 60	NOK 2 523,24	NOK 721,52	NOK 1 801,72	NOK 345 209,43
Month 61	NOK 2 523,24	NOK 725,27	NOK 1 797,97	NOK 344 484,16
Month 62	NOK 2 523,24	NOK 729,05	NOK 1 794,19	NOK 343 755,11
Month 63	NOK 2 523,24	NOK 732,85	NOK 1 790,39	NOK 343 022,26
Month 64	NOK 2 523,24	NOK 736,67	NOK 1 786,57	NOK 342 285,59
Month 65	NOK 2 523,24	NOK 740,50	NOK 1 782,74	NOK 341 545,09
Month 66	NOK 2 523,24	NOK 744,36	NOK 1 778,88	NOK 340 800,73
Month 67	NOK 2 523,24	NOK 748,24	NOK 1 775,00	NOK 340 052,49
Month 68	NOK 2 523,24	NOK 752,13	NOK 1 771,11	NOK 339 300,36
Month 69	NOK 2 523,24	NOK 756,05	NOK 1 767,19	NOK 338 544,31
Month 70	NOK 2 523,24	NOK 759,99	NOK 1 763,25	NOK 337 784,32
Month 71	NOK 2 523,24	NOK 763,95	NOK 1 759,29	NOK 337 020,37
Month 72	NOK 2 523,24	NOK 767,93	NOK 1 755,31	NOK 336 252,44
Month 73	NOK 2 523,24	NOK 771,93	NOK 1 751,31	NOK 335 480,51
Month 74	NOK 2 523,24	NOK 775,95	NOK 1 747,29	NOK 334 704,56
Month 75	NOK 2 523,24	NOK 779,99	NOK 1 743,25	NOK 333 924,57
Month 76	NOK 2 523,24	NOK 784,05	NOK 1 739,19	NOK 333 140,52
Month 77	NOK 2 523,24	NOK 788,13	NOK 1 735,11	NOK 332 352,39
Month 78	NOK 2 523,24	NOK 792,24	NOK 1 731,00	NOK 331 560,15
Month 79	NOK 2 523,24	NOK 796,36	NOK 1 726,88	NOK 330 763,79
Month 80	NOK 2 523,24	NOK 800,51	NOK 1 722,73	NOK 329 963,28
Month 81	NOK 2 523,24	NOK 804,68	NOK 1 718,56	NOK 329 158,60
Month 82	NOK 2 523,24	NOK 808,87	NOK 1 714,37	NOK 328 349,73
Month 83	NOK 2 523,24	NOK 813,09	NOK 1 710,15	NOK 327 536,64
Month 84	NOK 2 523,24	NOK 817,32	NOK 1 705,92	NOK 326 719,32
Month 85	NOK 2 523,24	NOK 821,58	NOK 1 701,66	NOK 325 897,74
Month 86	NOK 2 523,24	NOK 825,86	NOK 1 697,38	NOK 325 071,88
Month 87	NOK 2 523,24	NOK 830,16	NOK 1 693,08	NOK 324 241,72
Month 88	NOK 2 523,24	NOK 834,48	NOK 1 688,76	NOK 323 407,24
Month 89	NOK 2 523,24	NOK 838,83	NOK 1 684,41	NOK 322 568,41
Month 90	NOK 2 523,24	NOK 843,20	NOK 1 680,04	NOK 321 725,21
Month 91	NOK 2 523,24	NOK 847,59	NOK 1 675,65	NOK 320 877,62
Month 92	NOK 2 523,24	NOK 852,00	NOK 1 671,24	NOK 320 025,62
Month 93	NOK 2 523,24	NOK 856,44	NOK 1 666,80	NOK 319 169,18
Month 94	NOK 2 523,24	NOK 860,90	NOK 1 662,34	NOK 318 308,28
Month 95	NOK 2 523,24	NOK 865,38	NOK 1 657,86	NOK 317 442,90
Month 96	NOK 2 523,24	NOK 869,89	NOK 1 653,35	NOK 316 573,01
Month 97	NOK 2 523,24	NOK 874,42	NOK 1 648,82	NOK 315 698,59
Month 98	NOK 2 523,24	NOK 878,98	NOK 1 644,26	NOK 314 819,61
Month 99	NOK 2 523,24	NOK 883,55	NOK 1 639,69	NOK 313 936,06
Month 100	NOK 2 523,24	NOK 888,16	NOK 1 635,08	NOK 313 047,90
Month 101	NOK 2 523,24	NOK 892,78	NOK 1 630,46	NOK 312 155,12
Month 102	NOK 2 523,24	NOK 897,43	NOK 1 625,81	NOK 311 257,69
Month 103	NOK 2 523,24	NOK 902,11	NOK 1 621,13	NOK 310 355,58
Month 104	NOK 2 523,24	NOK 906,80	NOK 1 616,44	NOK 309 448,78
Month 105	NOK 2 523,24	NOK 911,53	NOK 1 611,71	NOK 308 537,25
Month 106	NOK 2 523,24	NOK 916,28	NOK 1 606,96	NOK 307 620,97
Month 107	NOK 2 523,24	NOK 921,05	NOK 1 602,19	NOK 306 699,92
Month 108	NOK 2 523,24	NOK 925,84	NOK 1 597,40	NOK 305 774,08
Month 109	NOK 2 523,24	NOK 930,67	NOK 1 592,57	NOK 304 843,41
Month 110	NOK 2 523,24	NOK 935,51	NOK 1 587,73	NOK 303 907,90
Month 111	NOK 2 523,24	NOK 940,39	NOK 1 582,85	NOK 302 967,51
Month 112	NOK 2 523,24	NOK 945,28	NOK 1 577,96	NOK 302 022,23
Month 113	NOK 2 523,24	NOK 950,21	NOK 1 573,03	NOK 301 072,02
Month 114	NOK 2 523,24	NOK 955,16	NOK 1 568,08	NOK 300 116,86
Month 115	NOK 2 523,24	NOK 960,13	NOK 1 563,11	NOK 299 156,73
Month 116	NOK 2 523,24	NOK 965,13	NOK 1 558,11	NOK 298 191,60
Month 117	NOK 2 523,24	NOK 970,16	NOK 1 553,08	NOK 297 221,44
Month 118	NOK 2 523,24	NOK 975,21	NOK 1 548,03	NOK 296 246,23
Month 119	NOK 2 523,24	NOK 980,29	NOK 1 542,95	NOK 295 265,94
Month 120	NOK 2 523,24	NOK 985,40	NOK 1 537,84	NOK 294 280,54
Month 121	NOK 2 523,24	NOK 990,53	NOK 1 532,71	NOK 293 290,01
Month 122	NOK 2 523,24	NOK 995,69	NOK 1 527,55	NOK 292 294,32
Month 123	NOK 2 523,24	NOK 1 000,87	NOK 1 522,37	NOK 291 293,45
Month 124	NOK 2 523,24	NOK 1 006,09	NOK 1 517,15	NOK 290 287,36
Month 125	NOK 2 523,24	NOK 1 011,33	NOK 1 511,91	NOK 289 276,03
Month 126	NOK 2 523,24	NOK 1 016,59	NOK 1 506,65	NOK 288 259,44
Month 127	NOK 2 523,24	NOK 1 021,89	NOK 1 501,35	NOK 287 237,55
Month 128	NOK 2 523,24	NOK 1 027,21	NOK 1 496,03	NOK 286 210,34
Month 129	NOK 2 523,24	NOK 1 032,56	NOK 1 490,68	NOK 285 177,78
Month 130	NOK 2 523,24	NOK 1 037,94	NOK 1 485,30	NOK 284 139,84
Month 131	NOK 2 523,24	NOK 1 043,34	NOK 1 479,90	NOK 283 096,50
Month 132	NOK 2 523,24	NOK 1 048,78	NOK 1 474,46	NOK 282 047,72
Month 133	NOK 2 523,24	NOK 1 054,24	NOK 1 469,00	NOK 280 993,48
Month 134	NOK 2 523,24	NOK 1 059,73	NOK 1 463,51	NOK 279 933,75
Month 135	NOK 2 523,24	NOK 1 065,25	NOK 1 457,99	NOK 278 868,50
Month 136	NOK 2 523,24	NOK 1 070,80	NOK 1 452,44	NOK 277 797,70
Month 137	NOK 2 523,24	NOK 1 076,38	NOK 1 446,86	NOK 276 721,32
Month 138	NOK 2 523,24	NOK 1 081,98	NOK 1 441,26	NOK 275 639,34
Month 139	NOK 2 523,24	NOK 1 087,62	NOK 1 435,62	NOK 274 551,72
Month 140	NOK 2 523,24	NOK 1 093,28	NOK 1 429,96	NOK 273 458,44
Month 141	NOK 2 523,24	NOK 1 098,98	NOK 1 424,26	NOK 272 359,46
Month 142	NOK 2 523,24	NOK 1 104,70	NOK 1 418,54	NOK 271 254,76
Month 143	NOK 2 523,24	NOK 1 110,45	NOK 1 412,79	NOK 270 144,31
Month 144	NOK 2 523,24	NOK 1 116,24	NOK 1 407,00	NOK 269 028,07
Month 145	NOK 2 523,24	NOK 1 122,05	NOK 1 401,19	NOK 267 906,02
Month 146	NOK 2 523,24	NOK 1 127,90	NOK 1 395,34	NOK 266 778,12
Month 147	NOK 2 523,24	NOK 1 133,77	NOK 1 389,47	NOK 265 644,35
Month 148	NOK 2 523,24	NOK 1 139,68	NOK 1 383,56	NOK 264 504,67
Month 149	NOK 2 523,24	NOK 1 145,61	NOK 1 377,63	NOK 263 359,06
Month 150	NOK 2 523,24	NOK 1 151,58	NOK 1 371,66	NOK 262 207,48
Month 151	NOK 2 523,24	NOK 1 157,58	NOK 1 365,66	NOK 261 049,90
Month 152	NOK 2 523,24	NOK 1 163,61	NOK 1 359,63	NOK 259 886,29
Month 153	NOK 2 523,24	NOK 1 169,67	NOK 1 353,57	NOK 258 716,62
Month 154	NOK 2 523,24	NOK 1 175,76	NOK 1 347,48	NOK 257 540,86
Month 155	NOK 2 523,24	NOK 1 181,88	NOK 1 341,36	NOK 256 358,98
Month 156	NOK 2 523,24	NOK 1 188,04	NOK 1 335,20	NOK 255 170,94
Month 157	NOK 2 523,24	NOK 1 194,22	NOK 1 329,02	NOK 253 976,72
Month 158	NOK 2 523,24	NOK 1 200,44	NOK 1 322,80	NOK 252 776,28
Month 159	NOK 2 523,24	NOK 1 206,70	NOK 1 316,54	NOK 251 569,58
Month 160	NOK 2 523,24	NOK 1 212,98	NOK 1 310,26	NOK 250 356,60
Month 161	NOK 2 523,24	NOK 1 219,30	NOK 1 303,94	NOK 249 137,30
Month 162	NOK 2 523,24	NOK 1 225,65	NOK 1 297,59	NOK 247 911,65
Month 163	NOK 2 523,24	NOK 1 232,03	NOK 1 291,21	NOK 246 679,62
Month 164	NOK 2 523,24	NOK 1 238,45	NOK 1 284,79	NOK 245 441,17
Month 165	NOK 2 523,24	NOK 1 244,90	NOK 1 278,34	NOK 244 196,27
Month 166	NOK 2 523,24	NOK 1 251,38	NOK 1 271,86	NOK 242 944,89
Month 167	NOK 2 523,24	NOK 1 257,90	NOK 1 265,34	NOK 241 686,99
Month 168	NOK 2 523,24	NOK 1 264,45	NOK 1 258,79	NOK 240 422,54
Month 169	NOK 2 523,24	NOK 1 271,04	NOK 1 252,20	NOK 239 151,50
Month 170	NOK 2 523,24	NOK 1 277,66	NOK 1 245,58	NOK 237 873,84
Month 171	NOK 2 523,24	NOK 1 284,31	NOK 1 238,93	NOK 236 589,53
Month 172	NOK 2 523,24	NOK 1 291,00	NOK 1 232,24	NOK 235 298,53
Month 173	NOK 2 523,24	NOK 1 297,73	NOK 1 225,51	NOK 234 000,80
Month 174	NOK 2 523,24	NOK 1 304,49	NOK 1 218,75	NOK 232 696,31
Month 175	NOK 2 523,24	NOK 1 311,28	NOK 1 211,96	NOK 231 385,03
Month 176	NOK 2 523,24	NOK 1 318,11	NOK 1 205,13	NOK 230 066,92
Month 177	NOK 2 523,24	NOK 1 324,97	NOK 1 198,27	NOK 228 741,95
Month 178	NOK 2 523,24	NOK 1 331,88	NOK 1 191,36	NOK 227 410,07
Month 179	NOK 2 523,24	NOK 1 338,81	NOK 1 184,43	NOK 226 071,26
Month 180	NOK 2 523,24	NOK 1 345,79	NOK 1 177,45	NOK 224 725,47
Month 181	NOK 2 523,24	NOK 1 352,79	NOK 1 170,45	NOK 223 372,68
Month 182	NOK 2 523,24	NOK 1 359,84	NOK 1 163,40	NOK 222 012,84
Month 183	NOK 2 523,24	NOK 1 366,92	NOK 1 156,32	NOK 220 645,92
Month 184	NOK 2 523,24	NOK 1 374,04	NOK 1 149,20	NOK 219 271,88
Month 185	NOK 2 523,24	NOK 1 381,20	NOK 1 142,04	NOK 217 890,68
Month 186	NOK 2 523,24	NOK 1 388,39	NOK 1 134,85	NOK 216 502,29
Month 187	NOK 2 523,24	NOK 1 395,62	NOK 1 127,62	NOK 215 106,67
Month 188	NOK 2 523,24	NOK 1 402,89	NOK 1 120,35	NOK 213 703,78
Month 189	NOK 2 523,24	NOK 1 410,20	NOK 1 113,04	NOK 212 293,58
Month 190	NOK 2 523,24	NOK 1 417,54	NOK 1 105,70	NOK 210 876,04
Month 191	NOK 2 523,24	NOK 1 424,93	NOK 1 098,31	NOK 209 451,11
Month 192	NOK 2 523,24	NOK 1 432,35	NOK 1 090,89	NOK 208 018,76
Month 193	NOK 2 523,24	NOK 1 439,81	NOK 1 083,43	NOK 206 578,95
Month 194	NOK 2 523,24	NOK 1 447,31	NOK 1 075,93	NOK 205 131,64
Month 195	NOK 2 523,24	NOK 1 454,85	NOK 1 068,39	NOK 203 676,79
Month 196	NOK 2 523,24	NOK 1 462,42	NOK 1 060,82	NOK 202 214,37
Month 197	NOK 2 523,24	NOK 1 470,04	NOK 1 053,20	NOK 200 744,33
Month 198	NOK 2 523,24	NOK 1 477,70	NOK 1 045,54	NOK 199 266,63
Month 199	NOK 2 523,24	NOK 1 485,39	NOK 1 037,85	NOK 197 781,24
Month 200	NOK 2 523,24	NOK 1 493,13	NOK 1 030,11	NOK 196 288,11
Month 201	NOK 2 523,24	NOK 1 500,91	NOK 1 022,33	NOK 194 787,20
Month 202	NOK 2 523,24	NOK 1 508,72	NOK 1 014,52	NOK 193 278,48
Month 203	NOK 2 523,24	NOK 1 516,58	NOK 1 006,66	NOK 191 761,90
Month 204	NOK 2 523,24	NOK 1 524,48	NOK 998,76	NOK 190 237,42
Month 205	NOK 2 523,24	NOK 1 532,42	NOK 990,82	NOK 188 705,00
Month 206	NOK 2 523,24	NOK 1 540,40	NOK 982,84	NOK 187 164,60
Month 207	NOK 2 523,24	NOK 1 548,42	NOK 974,82	NOK 185 616,18
Month 208	NOK 2 523,24	NOK 1 556,49	NOK 966,75	NOK 184 059,69
Month 209	NOK 2 523,24	NOK 1 564,60	NOK 958,64	NOK 182 495,09
Month 210	NOK 2 523,24	NOK 1 572,74	NOK 950,50	NOK 180 922,35
Month 211	NOK 2 523,24	NOK 1 580,94	NOK 942,30	NOK 179 341,41
Month 212	NOK 2 523,24	NOK 1 589,17	NOK 934,07	NOK 177 752,24
Month 213	NOK 2 523,24	NOK 1 597,45	NOK 925,79	NOK 176 154,79
Month 214	NOK 2 523,24	NOK 1 605,77	NOK 917,47	NOK 174 549,02
Month 215	NOK 2 523,24	NOK 1 614,13	NOK 909,11	NOK 172 934,89
Month 216	NOK 2 523,24	NOK 1 622,54	NOK 900,70	NOK 171 312,35
Month 217	NOK 2 523,24	NOK 1 630,99	NOK 892,25	NOK 169 681,36
Month 218	NOK 2 523,24	NOK 1 639,48	NOK 883,76	NOK 168 041,88
Month 219	NOK 2 523,24	NOK 1 648,02	NOK 875,22	NOK 166 393,86
Month 220	NOK 2 523,24	NOK 1 656,61	NOK 866,63	NOK 164 737,25
Month 221	NOK 2 523,24	NOK 1 665,23	NOK 858,01	NOK 163 072,02
Month 222	NOK 2 523,24	NOK 1 673,91	NOK 849,33	NOK 161 398,11
Month 223	NOK 2 523,24	NOK 1 682,62	NOK 840,62	NOK 159 715,49
Month 224	NOK 2 523,24	NOK 1 691,39	NOK 831,85	NOK 158 024,10
Month 225	NOK 2 523,24	NOK 1 700,20	NOK 823,04	NOK 156 323,90
Month 226	NOK 2 523,24	NOK 1 709,05	NOK 814,19	NOK 154 614,85
Month 227	NOK 2 523,24	NOK 1 717,95	NOK 805,29	NOK 152 896,90
Month 228	NOK 2 523,24	NOK 1 726,90	NOK 796,34	NOK 151 170,00
Month 229	NOK 2 523,24	NOK 1 735,90	NOK 787,34	NOK 149 434,10
Month 230	NOK 2 523,24	NOK 1 744,94	NOK 778,30	NOK 147 689,16
Month 231	NOK 2 523,24	NOK 1 754,03	NOK 769,21	NOK 145 935,13
Month 232	NOK 2 523,24	NOK 1 763,16	NOK 760,08	NOK 144 171,97
Month 233	NOK 2 523,24	NOK 1 772,34	NOK 750,90	NOK 142 399,63
Month 234	NOK 2 523,24	NOK 1 781,58	NOK 741,66	NOK 140 618,05
Month 235	NOK 2 523,24	NOK 1 790,85	NOK 732,39	NOK 138 827,20
Month 236	NOK 2 523,24	NOK 1 800,18	NOK 723,06	NOK 137 027,02
Month 237	NOK 2 523,24	NOK 1 809,56	NOK 713,68	NOK 135 217,46
Month 238	NOK 2 523,24	NOK 1 818,98	NOK 704,26	NOK 133 398,48
Month 239	NOK 2 523,24	NOK 1 828,46	NOK 694,78	NOK 131 570,02
Month 240	NOK 2 523,24	NOK 1 837,98	NOK 685,26	NOK 129 732,04
Month 241	NOK 2 523,24	NOK 1 847,55	NOK 675,69	NOK 127 884,49
Month 242	NOK 2 523,24	NOK 1 857,17	NOK 666,07	NOK 126 027,32
Month 243	NOK 2 523,24	NOK 1 866,85	NOK 656,39	NOK 124 160,47
Month 244	NOK 2 523,24	NOK 1 876,57	NOK 646,67	NOK 122 283,90
Month 245	NOK 2 523,24	NOK 1 886,34	NOK 636,90	NOK 120 397,56
Month 246	NOK 2 523,24	NOK 1 896,17	NOK 627,07	NOK 118 501,39
Month 247	NOK 2 523,24	NOK 1 906,05	NOK 617,19	NOK 116 595,34
Month 248	NOK 2 523,24	NOK 1 915,97	NOK 607,27	NOK 114 679,37
Month 249	NOK 2 523,24	NOK 1 925,95	NOK 597,29	NOK 112 753,42
Month 250	NOK 2 523,24	NOK 1 935,98	NOK 587,26	NOK 110 817,44
Month 251	NOK 2 523,24	NOK 1 946,07	NOK 577,17	NOK 108 871,37
Month 252	NOK 2 523,24	NOK 1 956,20	NOK 567,04	NOK 106 915,17
Month 253	NOK 2 523,24	NOK 1 966,39	NOK 556,85	NOK 104 948,78
Month 254	NOK 2 523,24	NOK 1 976,63	NOK 546,61	NOK 102 972,15
Month 255	NOK 2 523,24	NOK 1 986,93	NOK 536,31	NOK 100 985,22
Month 256	NOK 2 523,24	NOK 1 997,28	NOK 525,96	NOK 98 987,94
Month 257	NOK 2 523,24	NOK 2 007,68	NOK 515,56	NOK 96 980,26
Month 258	NOK 2 523,24	NOK 2 018,13	NOK 505,11	NOK 94 962,13
Month 259	NOK 2 523,24	NOK 2 028,65	NOK 494,59	NOK 92 933,48
Month 260	NOK 2 523,24	NOK 2 039,21	NOK 484,03	NOK 90 894,27
Month 261	NOK 2 523,24	NOK 2 049,83	NOK 473,41	NOK 88 844,44
Month 262	NOK 2 523,24	NOK 2 060,51	NOK 462,73	NOK 86 783,93
Month 263	NOK 2 523,24	NOK 2 071,24	NOK 452,00	NOK 84 712,69
Month 264	NOK 2 523,24	NOK 2 082,03	NOK 441,21	NOK 82 630,66
Month 265	NOK 2 523,24	NOK 2 092,87	NOK 430,37	NOK 80 537,79
Month 266	NOK 2 523,24	NOK 2 103,77	NOK 419,47	NOK 78 434,02
Month 267	NOK 2 523,24	NOK 2 114,73	NOK 408,51	NOK 76 319,29
Month 268	NOK 2 523,24	NOK 2 125,74	NOK 397,50	NOK 74 193,55
Month 269	NOK 2 523,24	NOK 2 136,82	NOK 386,42	NOK 72 056,73
Month 270	NOK 2 523,24	NOK 2 147,94	NOK 375,30	NOK 69 908,79
Month 271	NOK 2 523,24	NOK 2 159,13	NOK 364,11	NOK 67 749,66
Month 272	NOK 2 523,24	NOK 2 170,38	NOK 352,86	NOK 65 579,28
Month 273	NOK 2 523,24	NOK 2 181,68	NOK 341,56	NOK 63 397,60
Month 274	NOK 2 523,24	NOK 2 193,04	NOK 330,20	NOK 61 204,56
Month 275	NOK 2 523,24	NOK 2 204,47	NOK 318,77	NOK 59 000,09
Month 276	NOK 2 523,24	NOK 2 215,95	NOK 307,29	NOK 56 784,14
Month 277	NOK 2 523,24	NOK 2 227,49	NOK 295,75	NOK 54 556,65
Month 278	NOK 2 523,24	NOK 2 239,09	NOK 284,15	NOK 52 317,56
Month 279	NOK 2 523,24	NOK 2 250,75	NOK 272,49	NOK 50 066,81
Month 280	NOK 2 523,24	NOK 2 262,48	NOK 260,76	NOK 47 804,33
Month 281	NOK 2 523,24	NOK 2 274,26	NOK 248,98	NOK 45 530,07
Month 282	NOK 2 523,24	NOK 2 286,10	NOK 237,14	NOK 43 243,97
Month 283	NOK 2 523,24	NOK 2 298,01	NOK 225,23	NOK 40 945,96
Month 284	NOK 2 523,24	NOK 2 309,98	NOK 213,26	NOK 38 635,98
Month 285	NOK 2 523,24	NOK 2 322,01	NOK 201,23	NOK 36 313,97
Month 286	NOK 2 523,24	NOK 2 334,10	NOK 189,14	NOK 33 979,87
Month 287	NOK 2 523,24	NOK 2 346,26	NOK 176,98	NOK 31 633,61
Month 288	NOK 2 523,24	NOK 2 358,48	NOK 164,76	NOK 29 275,13
Month 289	NOK 2 523,24	NOK 2 370,77	NOK 152,47	NOK 26 904,36
Month 290	NOK 2 523,24	NOK 2 383,11	NOK 140,13	NOK 24 521,25
Month 291	NOK 2 523,24	NOK 2 395,53	NOK 127,71	NOK 22 125,72
Month 292	NOK 2 523,24	NOK 2 408,00	NOK 115,24	NOK 19 717,72
Month 293	NOK 2 523,24	NOK 2 420,54	NOK 102,70	NOK 17 297,18
Month 294	NOK 2 523,24	NOK 2 433,15	NOK 90,09	NOK 14 864,03
Month 295	NOK 2 523,24	NOK 2 445,82	NOK 77,42	NOK 12 418,21
Month 296	NOK 2 523,24	NOK 2 458,56	NOK 64,68	NOK 9 959,65
Month 297	NOK 2 523,24	NOK 2 471,37	NOK 51,87	NOK 7 488,28
Month 298	NOK 2 523,24	NOK 2 484,24	NOK 39,00	NOK 5 004,04
Month 299	NOK 2 523,24	NOK 2 497,18	NOK 26,06	NOK 2 506,86
Month 300	NOK 2 519,92	NOK 2 506,86	NOK 13,06	NOK 0,00

15-Year vs. 30-Year Loan Comparison

Principal and interest comparison showing long-term interest savings

Loan Term	Monthly P&I	Total Interest Paid	Total Interest Saved
180 Months (15 Years)	NOK 3 279,64	NOK 207 836,05	Save NOK 257 505,49
360 Months (30 Years)	NOK 2 355,12	NOK 465 341,54	Baseline

Mortgage estimate

A mortgage payment depends on the loan amount, interest rate and term. Depending on the property and location, taxes, insurance, mortgage insurance, association charges and fees may also affect the overall cost. Add the costs that apply to your situation to compare scenarios.

This calculator provides an estimate from the values entered and the selected country assumptions. It does not assess a complete mortgage application or replace a lender's offer. Inputs are sent over HTTPS for calculation and are not saved to an account or calculation database.

Who Benefits Most

First-time homebuyers benefit from seeing their true total monthly housing commitment—encompassing principal, interest, tax escrows, hazard insurance, and private mortgage insurance—before making an offer on a home. Existing homeowners evaluating a refinance can accurately test whether monthly interest savings offset appraisal, origination, and title fees to establish their true breakeven date. International expatriates, cross-border professionals, and relocating families can contrast borrowing limits, mandatory deposit thresholds, and repayment mechanics across different legal jurisdictions without switching software or deciphering unfamiliar terminology.

Country-specific details

The calculators cover country-specific details such as US PMI rules, Australian Lenders Mortgage Insurance (LMI), Canadian mortgage default insurance, and German annuity structures (Annuitätendarlehen with Tilgung and Zinsbindung). Inputs are sent to our application over HTTPS to calculate results, but are not saved to an account or calculation database. Shareable links may include the values you entered.

A Practical Walk-Through of Our Financial Tool Suites

Making sound property and borrowing decisions requires looking beyond an isolated loan payment. Our platform arranges complementary financial tools into three specialized suites, allowing you to examine every dimension of your personal balance sheet.

1. Housing and Mortgage Suite

The Home Affordability Calculator estimates a price from income, debts and country assumptions. The Mortgage Calculator estimates payments from the loan amount, rate, term and costs you enter. You can also compare extra payments, refinancing costs, or rent and buy scenarios using your own assumptions.

2. Income, Tax, and Budgeting Suite

The Salary Calculator estimates take-home pay using the selected country and the details entered. The Budget Calculator helps organize income and expenses. Both can help you explore a budget, but neither decides whether a lender will approve an application.

3. Debt Elimination and Wealth Accumulation Suite

The Debt Consolidation and Loan Calculators compare payments and interest using the values you provide. The Compound Interest Calculator illustrates how contributions and assumed returns affect a future balance; returns are not guaranteed.

How to Use This Mortgage Calculator

Begin by entering your agreed Home Price, which represents the gross purchase valuation stated on your real estate purchase agreement. Next, enter your cash Down Payment (or deposit). The calculator subtracts this down payment from the property price to determine your net base loan principal, displaying your Loan-to-Value (LTV) percentage immediately. If your down payment is below conventional thresholds (such as 20% in the United States, Australia, or Canada), the system automatically incorporates statutory mortgage default insurance into your monthly projections.

Enter the annual interest rate and loan term from the offer you want to assess. A shorter term usually has higher regular payments and may reduce interest over the life of the loan. Add estimates for property taxes, insurance, mortgage insurance and HOA dues to see their effect on monthly housing costs.

Calculation Methodology & Statutory Standards

For a fixed-rate loan with regular monthly payments, the principal and interest estimate uses the standard amortization equation:

M = P × [ r(1 + r)ⁿ ] / [ (1 + r)ⁿ − 1 ]

In this formula, M is the monthly principal and interest payment, P is the loan principal, r is the monthly interest rate, and n is the number of monthly payments.

Each payment first covers interest on the outstanding balance; the remainder reduces principal. Taxes, insurance and other costs are shown from the values entered and country assumptions. Actual lender calculations, insurance rules and escrow amounts may differ; confirm them with your lender and relevant authority.

Frequently Asked Questions About Mortgage Financing

What is the practical difference between a mortgage interest rate and the APR?

The interest rate is the baseline annual cost of borrowing expressed as a percentage of your outstanding principal balance. The Annual Percentage Rate (APR) reflects the broader cost of financing, bundling the base interest rate together with origination points, discount points, processing fees, underwriting charges, and essential settlement expenses. Under Regulation Z of the Truth in Lending Act enforced by the Consumer Financial Protection Bureau (CFPB), lenders must disclose the APR so borrowers can make an apples-to-apples comparison across competing mortgage offers that feature differing upfront fee structures.

When and how can Private Mortgage Insurance (PMI) be cancelled?

Under the federal Homeowners Protection Act of 1998, you have the legal right to submit a written request to cancel PMI once your regular payments bring the principal loan balance down to 80% of the property's original value, provided your payment history is satisfactory. In addition, mortgage loan servicers are required by law to cancel PMI automatically once your amortization schedule reaches 78% of the original value, without requiring borrower intervention. Loans backed by the Federal Housing Administration (FHA) follow different statutory rules: borrowers who put down less than 10% must maintain Mortgage Insurance Premiums (MIP) for the entire duration of the loan.

How do additional principal curtailments reduce total loan cost and payoff duration?

Because mortgage interest is calculated monthly against the remaining principal balance, applying extra funds directly toward the principal lowers every subsequent monthly interest charge. For example, adding an extra $200 each month to a $400,000 30-year fixed loan at 6.75% eliminates more than five years of scheduled payments and prevents over $85,000 in interest charges from accruing. Conforming residential mortgages carry no statutory prepayment penalties, meaning borrowers can pay down principal at any cadence without penalty.

How does a fixed-rate mortgage compare against an adjustable-rate mortgage (ARM)?

A fixed-rate mortgage guarantees that your principal and interest payment remains identical over the entire loan life, shielding household budgets from macroeconomic rate volatility. An adjustable-rate mortgage (ARM) or tracker loan provides an initial discounted interest rate for a fixed period (such as 3, 5, or 7 years), after which the rate adjusts periodically according to a benchmark index (such as SOFR in the United States or the Bank of England base rate in the United Kingdom) plus a lender margin. Borrowers who plan to relocate or refinance before the initial fixed period expires can save significant interest with an ARM, but they accept the risk of higher future payments if benchmark rates rise.

Explore Related Financial Planning Calculators

Affordability Calculator →

Use this tool before touring properties to calculate your maximum purchase ceiling based on your gross household income, recurring personal debt obligations, and statutory debt-to-income (DTI) caps.

Extra Payment Calculator →

Use this tool to estimate how recurring or one-off extra payments could affect payoff time and total interest.

Refinance Calculator →

Use this tool when market interest rates decline to compute your financial break-even point by comparing ongoing payment reductions against upfront loan origination and closing settlement fees.

Norway Mortgage Standards & Regulatory Limits

Mortgage underwriting in Norway follows domestic statutory frameworks governing maximum loan-to-value (LTV) limits, minimum cash deposits, and mandatory interest rate stress tests. This calculator automatically incorporates Norway standards into its assumptions so that your results reflect realistic underwriting requirements rather than generic estimates.

Debt typically capped at 5× income; stressed at rate + 5pp.

Norway home affordability calculator → Test extra mortgage payments → Mortgage refinance calculator → Compare renting and buying in Norway → Estimate your total home-buying budget → Check Norway net take-home salary → Explore country mortgage guides →

⚙️

Calculation Methodology & Proof

Mortgage (PITI + schedule)

The loan is amortized as above. Housing cost adds tax, insurance, HOA, and PMI. UK-style splits keep an interest-only balloon.

PITI = M + tax/12 + insurance/12 + HOA + PMI. IO payment = IO balance × r. Balloon = IO balance at term.

Loan amount = price − down payment. LTV = loan / price.
If an interest-only amount is set, only the remainder amortizes.
PMI (when enabled) is charged while scheduled LTV is above the threshold (default 80%).
Total cost sums interest, fees, and the recurring housing add-ons over the payoff period.

Important Caveats & Planning Assumptions

Tax and insurance are estimates; escrow analysis will differ.
PMI cancellation rules vary by product and country.

Read complete methodology documentation →

Frequently Asked Questions

Expert answers to common questions

What is included in the monthly total?

Principal and interest, plus estimated property tax, home insurance, HOA, and PMI when LTV is above the threshold. That PITI figure is what lenders use for affordability.

When does PMI drop off?

This calculator removes PMI once the scheduled balance reaches 80% of the original purchase price. Servicers may also need an appraisal; rules vary by country and loan type.

How does a UK split mortgage work here?

Set an interest-only amount. That slice is charged interest only and remains as a balloon; the rest amortizes over the term.

Total Monthly (PITI)

NOK 2 523,24

Breakdown ↓ Schedule

📋 Official Guide · 2026

Reviewed 2026-09-11 · Boligsparing for Ungdom (BSU) is a highly subsidized savings account for adults under 34. You can save up to 27,500 NOK per year (up to 300,000 NOK lifetime) and receive a 10% direct tax deduction on the saved amount, plus exceptionally high deposit interest rates. It must be used for buying a home or paying off a mortgage.

Norway Mortgage Guide 2026: Utlånsforskriften and 5x Debt-to-Income

The Norwegian mortgage market (Boliglån) is governed by the strict Utlånsforskriften (Lending Regulation) issued by the Ministry of Finance. Norway has incredibly high homeownership rates, heavily subsidized by generous tax deductions, but buyers must navigate rigid income multipliers and high equity requirements. This guide explains the 2026 rules.

How Much Can You Borrow in Norway? ▼

Your borrowing capacity is constrained by three hard limits set by the Utlånsforskriften.

The 5x Debt-to-Income Limit (Gjeldsgrad)

Your total debt (mortgage, student loans, car loans, and credit card limits, even if unused) cannot exceed 5.0 times your gross annual income. If you earn 800,000 NOK, your absolute maximum total debt is 4,000,000 NOK.

The 85% Loan-to-Value Limit (LTV / Belåningsgrad)

You can borrow a maximum of 85% of the property value. You must provide a 15% Egenkapital (down payment).

Secondary Homes in Oslo: If you buy a secondary home in Oslo, the maximum LTV drops drastically to 60% (requiring a 40% down payment), a rule designed to curb speculation in the capital.

The 3% Affordability Stress Test

The bank must stress-test your finances. You must be able to service the loan (and maintain a normal standard of living) if interest rates increase by 3.0 percentage points above your actual rate (with a minimum floor of 7.0%).

Exceptions (Fleksibilitetskvote): Banks have a flexibility quota. They can breach these rules for 10% of their lending volume each quarter (or 8% in Oslo). This quota is highly competitive.

Use the affordability calculator to test your income against the 5.0x cap and the 3% stress rate.

Norwegian Mortgage Types ▼

Variable Rate (Flytende Rente): Over 90% of Norwegian mortgages are variable. The rate fluctuates with the Norges Bank policy rate. By law, the bank must give you 6 weeks' notice before raising your rate.

Fixed Rate (Fastrente): Locked for 3, 5, or 10 years. Breaking a fixed rate early triggers an Underkurs (penalty) or Overkurs (payout), depending on whether current market rates are higher or lower than your fixed rate.

Current Norwegian Mortgage Rates (2026) ▼

Following Norges Bank rate stabilization, average 2026 rates are:

Variable Rate (Flytende, 85% LTV)	5.10% to 5.50%
Variable Rate (Green Mortgage, <70% LTV)	4.80% to 5.20%

5-year Fixed (Fastrente): 4.70% to 5.00%

*Rates are illustrative averages as of September 2026. Union members (e.g., Tekna, LO, Akademikerne) get significant rate discounts.*

Closing Costs and Taxes ▼

Closing costs in Norway are relatively low, consisting primarily of a documentary tax.

Dokumentavgift (Stamp Duty): 2.5% of the purchase price. However, this only applies to freehold properties (Selveier). If you buy a cooperative apartment (Borettslag), you pay 0% Dokumentavgift (only a nominal registration fee).

Tinglysingsgebyr (Registration Fee)	~585 NOK for the deed, and ~585 NOK for the mortgage document.

Use the budget calculator to estimate your cash requirement, noting the massive difference between Selveier and Borettslag properties.

The 22% Tax Deduction (Rentefradrag)

Norway heavily subsidizes debt. You can deduct exactly 22% of all interest paid on your debts (mortgages, car loans, consumer loans) against your ordinary income tax.

If you pay 100,000 NOK in interest over the year, your tax bill is reduced by 22,000 NOK. This happens automatically, as banks report directly to the tax authority (Skatteetaten).

The Norwegian Mortgage Process Step by Step

1. Get a Finansieringsbevis (Pre-Approval). Valid for 3 to 6 months. Crucial for the fast-paced bidding wars.

2. Attend a Visning (Open House). You sign an attendance list to receive the prospectus and bidding alerts.

3. Bidding (Budrunde). Conducted via a secure app or SMS using BankID. Bids are legally binding immediately.

4. Sign the Contract (Kjøpekontrakt). You meet the real estate agent and seller to sign the paperwork. The agent acts for both parties in Norway; buyers do not use their own lawyers.

5. Overtakelse (Handover). You meet at the property, sign an electronic protocol, the bank transfers the funds, and you get the keys.

What is a Borettslag? ▼

A housing cooperative. You don't own the physical apartment; you own a share in the cooperative that gives you the right to live there. Borettslag properties often have Fellesgjeld (shared debt) which you must add to the purchase price to calculate the total property value and your 5x debt limit. However, they are exempt from the 2.5% stamp duty.

What is the BSU scheme? ▼

Boligsparing for Ungdom (BSU) is Norway's premier state-subsidized savings vehicle for residents aged 33 and younger. Under statutory tax rules, savers can deposit up to 27,500 NOK annually (up to a cumulative lifetime ceiling of 300,000 NOK) and receive a direct 10% tax credit (up to 2,750 NOK deducted directly from payable income tax), alongside premium interest rates from Norwegian savings banks. The accrued funds must strictly be applied toward the purchase of a permanent primary home or the amortization of an existing home loan.

Official Sources & References

Finanstilsynet (Financial Supervisory Authority of Norway) — Utlånsforskriften Norges Bank — Monetary Policy & Key Policy Rates Skatteetaten (Norwegian Tax Administration) — BSU & Rentefradrag

Monthly Payment Breakdown

🗄️ Saved Comparison Scenarios (Side-by-Side)

⚡ Embed Calculator on Your Website

Amortization Schedule

15-Year vs. 30-Year Loan Comparison

Mortgage estimate

Who Benefits Most

Country-specific details

A Practical Walk-Through of Our Financial Tool Suites

1. Housing and Mortgage Suite

2. Income, Tax, and Budgeting Suite

3. Debt Elimination and Wealth Accumulation Suite

How to Use This Mortgage Calculator

Calculation Methodology & Statutory Standards

Frequently Asked Questions About Mortgage Financing

What is the practical difference between a mortgage interest rate and the APR?

When and how can Private Mortgage Insurance (PMI) be cancelled?

How do additional principal curtailments reduce total loan cost and payoff duration?

How does a fixed-rate mortgage compare against an adjustable-rate mortgage (ARM)?

Explore Related Financial Planning Calculators

Affordability Calculator →

Extra Payment Calculator →

Refinance Calculator →

Norway Mortgage Standards & Regulatory Limits

Mortgage (PITI + schedule)

Important Caveats & Planning Assumptions

Expert answers to common questions

Norway Mortgage Guide 2026: Utlånsforskriften and 5x Debt-to-Income