How much can I borrow?
Estimate how much a Swedish bank may lend you for a home, from your salary before tax and down payment — optionally with a co-applicant and children.
You could borrow about
2 970 000 kr
A home up to 3 370 000 kr with your 400 000 kr down payment.
Your income sets the limit.
The bank checks three limits — the lowest decides
- Income2 970 000 kr
5,5 × your household's yearly income before tax (540 000 kr).
- Down payment3 600 000 kr
Loans cover at most 90 % of the price, so your down payment must be the rest.
- Left to live on (KALP)5 690 000 kr
The loan must fit your monthly budget at 2,8 % interest.
How we calculate
Assumptions
This is a rough estimate for information only, not a credit decision or financial advice. Each bank makes its own assessment — ask your bank for a lånelöfte (mortgage pre-approval).
Last updated
- Swedish mortgage rules in force from 1 April 2026: loans up to 90 % of the price, so at least 10 % down; amortization 2 % a year above 70 % and 1 % above 50 % loan-to-value.
- Banks typically lend at most 5,5 × the household's yearly income before tax; some assess case by case.
- Left to live on (KALP): the loan's interest at the rate you enter, plus amortization, must fit your budget after tax, living costs (8 400 kr for one adult, 14 100 kr for two, 4 200 kr per child — based on Konsumentverket) and 4 000 kr a month for the home's fee or running costs.
- Banks test your budget at a higher stress rate (kalkylränta), often 6 %–7 %, so they may lend less than shown here. Enter such a rate to see their view.
- Tax is estimated from the 2026 tax table for the average municipal tax (32 %), for salary and under 66. Your municipality changes it slightly.
- Other loans, credit cards, savings and type of employment are not considered — existing debt lowers what you can borrow.
- Amounts in Swedish kronor; each limit is rounded down to the nearest 10 000 kr.
How it works
How banks work out what you can borrow
A bank runs three checks before granting a mortgage, and the one giving the lowest amount decides. The calculator runs the same three and shows which one sets your limit.
The income limit
Most large banks lend at most about 5,5 times the household’s yearly income before tax. It’s the banks’ own policy, not law, and some banks assess case by case.
The loan-to-value cap
Since 1 April 2026, a mortgage can be at most 90 % of the home’s price. So you need a down payment of at least 10 %, and your down payment caps how expensive a home you can buy.
Left to live on (KALP)
The bank checks that your monthly budget after tax can carry the loan’s interest and amortization. The calculator counts living costs of 8 400 kr a month for one adult, 14 100 kr for two and 4 200 kr per child, plus 4 000 kr a month for the home’s running costs.
Amortization follows the Swedish amortization requirement: 2 % a year while the loan is more than 70 % of the home’s value, and 1 % while it is more than 50 %.
The calculator uses the interest rate you enter. Banks test at a higher stress rate, often 6–7 %, so they may lend less. Enter such a rate to see how a bank would view your finances.
The next step is a loan promise from a bank. The guide How to get a mortgage in Sweden goes through the whole purchase step by step.
Questions
Frequently asked questions
Why might a bank lend me less than the calculator shows?
Banks test your budget at a higher stress rate, often 6–7 %, with their own living-cost norms. Other loans and credit also reduce what you can borrow. Enter a higher rate in the calculator to see the bank's view.
How much down payment do I need?
At least 10 % of the price. Since 1 April 2026, a mortgage can be at most 90 % of the home's price.
Does a co-applicant's income count?
Yes. Both incomes count towards the income limit and the left-to-live-on budget. Living costs are then those of two adults, 14 100 kr a month instead of 8 400 kr.
Do children affect how much I can borrow?
Yes, through the left-to-live-on budget. Each child living at home adds 4 200 kr a month in living costs, which leaves less room for interest and amortization.
How much do I have to amortize?
2 % of the loan a year while it is more than 70 % of the home's value, and 1 % a year while it is more than 50 %. Below 50 % there is no amortization requirement.