What is Swedish amorteringskrav?

Amorteringskrav is the mandatory amortization requirement set by Finansinspektionen, the Swedish financial supervisory authority. Mortgages with a loan-to-value ratio above 50% must be amortized at a minimum rate each year, so the loan cannot stay interest-only indefinitely.

How is the amortization rate determined?

The base rate depends on loan-to-value: above 70% requires at least 2% of the loan per year, between 50% and 70% requires at least 1% per year, and below 50% there is no mandatory base rate. An extra 1% is added if the loan is larger than 4.5 times gross annual household income.

Can the amortization requirement reach 0%?

Yes. Once the loan-to-value ratio falls below 50% and the loan is not more than 4.5 times gross annual income, the mandatory rate drops to 0%. Individual banks may still ask for voluntary amortization above the legal minimum.

Does this calculator use annuity payments?

No. Swedish mortgages amortize as a percentage of the outstanding balance rather than a fixed annuity payment. This calculator applies the required percentage to the current balance each month, so both the interest and amortization amounts fall over time as the balance shrinks.

Is the property value assumed to change over the loan term?

No, the property value is held constant for the schedule. Banks generally reassess loan-to-value using the property value at origination unless a new valuation is requested, and this calculator follows the same simplified assumption.

Is this official guidance from a bank?

No. This is an independent estimate based on the published Finansinspektionen amortization rules. Actual bank offers can include additional requirements, so confirm the exact figures with your lender before making decisions.

Sweden Mortgage Calculator

Name: Sweden Mortgage Calculator
Availability: InStock
Author: Nham Vu

Enter your property value, loan amount, interest rate, and term to get the required Swedish amortization rate and a full monthly payment schedule.

Loan Details

Property Value (SEK)

Loan Amount (SEK)

Interest Rate (% per year)

Loan Term (years)

Gross Annual Household Income (SEK) (optional)

Used to check the 4.5x income amortization rule.

Enter loan details to see the amortization breakdown.

Initial Monthly Payment

0 kr

interest + amortization

Loan-to-Value

Amortization Rate

Monthly Amortization

0 kr

Monthly Interest

0 kr

Year-by-Year Schedule

Year	Start Balance	Interest Paid	Amortization Paid	End Balance	LTV

Summary

Enter your property value, loan amount, interest rate, and term to get the required Swedish amortization rate and a full monthly payment schedule.

How it works

Enter the property value and the loan amount to establish the loan-to-value ratio.
Enter the annual interest rate charged on the mortgage.
Enter the loan term in years to generate a year-by-year schedule.
Optionally enter gross annual household income to check the 4.5x income amortization rule.
The calculator determines the required amortization rate from the loan-to-value band and income rule, then computes monthly interest and amortization.
The schedule re-evaluates the loan-to-value ratio each year, so the amortization rate can step down as the balance falls.

Use cases

Checking the minimum monthly amortization required on a new mortgage in Sweden.
Comparing monthly payments across different down payment sizes before buying a home.
Estimating how many years it takes to drop below the 70% or 50% loan-to-value thresholds.
Verifying whether the 4.5x income rule adds an extra 1% amortization requirement.
Planning a household budget around the initial monthly interest and amortization cost.
Understanding how amortization payments decrease as the loan-to-value ratio improves.

Frequently Asked Questions

Last updated: 2026-07-23 · Reviewed by Nham Vu