Home loan

Fill in an online form regardless of whether you are just exploring your options or have found a suitable property. A mortgage adviser will then call you to agree on the next steps. Please note that submitting a loan application does not oblige you to sign a loan agreement but gives the adviser the opportunity to focus more specifically on your loan. Read more about buying a home in this blog post.

If you have any questions about the loan or would like to discuss your plans with a mortgage adviser, call 613 1324 on weekdays from 09:00 to 17:00.

Alternatively, you can fill in a loan application form to specify your wishes. After completing your application, a mortgage adviser will call you to discuss your options and questions.

The information you provide in your loan application will help the adviser prepare for the call and focus on providing you solutions.

When reviewing your loan application, we will pay attention to your solvency, collateral and down payment. All three are equally important. You can estimate your solvency with the maximum loan amount calculator, but above all, it is important that you can afford the monthly repayment of the obligation you are taking on.

Please note that the monthly payments of all loans (including credit card and hire purchase) can form a total of 50% of your income. The loan amount can be up to 85% of the value of the collateral (in most cases, the collateral is the property to be bought). The loan amount can be up to 90% of the value of the collateral if you belong to the EIS (former KredEx) guarantee target group.

A home loan is a loan secured on real estate and is usually secured by the residential property that is to be bought. If you take out a loan for renovation, the property you are renovating is usually suitable as collateral. In the case of a construction project, the collateral can be the land on which you will build your house and, if necessary, the additional collateral can be a residential property.

The EIS guarantee is used as additional collateral in cases where you want to take out a loan with a 10% down payment, you meet the conditions of the EIS guarantee and the property is also eligible.

To apply for a loan, you need a down payment of at least 15%.

You can use a 10% down payment if you meet the conditions of the ElS (former KredEx) guarantee.

A 0% down payment is possible if you use additional collateral, such as a residential property.

If your existing property has been bought with a loan and you want to buy a new one, we offer a home exchange solution. This gives you the opportunity to move to a new home and sell your existing property within a year. This means you temporarily have two loans and two properties. Once the property has been sold, you can use the proceeds to pay off part of the loan on the new property. To make the two loans affordable, you can ask for a payment holiday.

You can use home exchange even if you do not have a loan on your existing assets.

Read more about home swaps in this blog post.

When financing a construction project, we finance the entire project until the building is fully completed and we generally issue loans in stages so that the loan amount is clear at the start of the project. This gives the borrower the certainty that the construction will not stop and that they can move in on schedule.

Read our blog post on house building.

A loan comes with a number of costs, such as an agreement fee, a state fee and notary fees. Transaction costs depend on the amount of the loan, the purchase price and the amount of the mortgage. You can use our notary fee calculator to get a cost estimate.

In addition to the monthly loan payments, there is compulsory property insurance, but you can also take out life and loan payment insurance if you wish.

You can easily make many changes to your agreement yourself, for example:

• change the payment date free of charge;
• change the current account from which loan payments are made free of charge;
• repay part of the loan before the due date.

To make changes, find the 'Edit' button under your loan agreement.

In addition, you can send a bank message to make an amendment, for example to:

• request a payment holiday;
• apply for a reduction or extension of the maturity of the loan;
• request the release of the additional collateral.

You can change the payment date of your loan free of charge. To do this, log in to the Internet Bank and find the 'Edit' button under your agreement. Note that you cannot change the payment date on the day of payment.

The loan can be repaid in full or in part before the due date. You can make payments yourself, either online or on the basis of an application.

The most convenient way to repay a part or all of your loan is via the Internet Bank, but this requires you to have money in your Swedbank account.

To make a partial repayment, find the 'Repayment' button under your loan agreement and select the desired repayment amount. If you are unable to make partial repayments yourself in the Internet Bank (for example, on the payment date or if an annuity schedule is fixed in your agreement), you can request an amendment.

If you want to repay the loan in full after the sale of the property, send us a bank message stating the time and place of the sales transaction. The loan is written off against the proceeds of the sale.

Please note that early repayment terms and conditions and fees are agreed in the loan agreement. Once you have sent us your loan repayment application in the form of a bank message, we will send you an overview of the calculation of the early repayment fee.

If you wish to sell the property securing your loan, please let us know your wish and the date and time of the notary appointment in good time so that the bank's representative can take it into account and mark it in their schedule. In addition, we will inform you of the early repayment fee and how it is calculated.

Borrowers are jointly and severally liable for their obligations. In the event of separation, there are two options:

• borrowers sell the property, repay the loan and, if there is any money left over, split it among themselves;
• if they both agree to it, one borrower can take over the loan and release the other borrower from the loan agreement. In this case, the borrower taking over the obligation must be solvent enough to pay the full amount of the loan. Usually, both borrowers are also the owners of the property, and in this case the ownership of the property is also changed.

To do this, send us an application. We will analyse the amendment with the remaining and/or new borrower and sign an annex to the loan agreement. Read our blog article on this.

To do this, one loan applicant must click on 'Fill in application' andthe co-borrower must select 'Apply as co-applicant'. We need the details of both of you and your monthly income. Each loan applicant adds their own details to the application.

See also: Home loan – Swedbank.

If you receive a salary from several employers, you can add them together and add a comment that you have multiple sources of income. Alternatively, you can select 'other income' on the application and comment on it.

Include dividends paid by your company in the income section of the application. If dividends are paid once a year, you can divide your income by 12 when you declare it.

Dividends can be taken into account as regular income if the company is profitable and has a prospect of a future. We may ask you for company documents, such as an annual report.

If you wish to refinance your home loan or another loan secured by real estate in Swedbank, fill in the home loan application, select 'other' as the purpose of the loan, and enter the balance of the existing loan in the loan amount line. We will get in touch with you and help you make things run smoothly.