Calculate Loan Installments

How does the amortization requirement from 2016 affect when you want to buy a house and take out a mortgage? How much of a difference will there be with the Financial Supervisory Authority's proposal for amortization requirements from March 2018, taking into account the debt ratio?

The stricter amortization requirement* comes into force on loans over SEK 1,620,000 (4.5 times the gross income of SEK 360,000), but this loan is less than that.

All mortgages taken out after 1 June 2016 are subject to amortization requirements in two cases:

• Mortgages of more than 50% of the home's value must be amortized annually with 1% of the original loan amount
• Mortgages of more than 70% of the home's value must be amortized annually with 2% of the original loan amount

From 1 March 2018, a stricter amortization requirement is proposed that also takes into account the borrowers' income and thus the debt rati

If the loan amount exceeds 4.5 times the joint gross income of the applicants, the mortgage must be repaid with an additional 1% annually. Even if the loan-to-value ratio is below 50%!