Here is an overview of current interest rates. Please note that most municipalities add some 0,25-0,50 percentage points to our nominal interest rates to cover administration costs and losses on start-up loans.
Nominal interest rates**:
|
Number of
installments per year |
3 y fixed |
5 y fixed |
10 y fixed |
20 y fixed |
Floating |
| Jun |
12 |
2,080 |
2,374 |
2,862 |
2,960 |
2,080 |
|
4 |
2,084 |
2,379 |
2,869 |
2,967 |
2,084 |
|
2 |
2,089 |
2,386 |
2,879 |
2,978 |
2,089 |
| May |
12 |
* |
* |
* |
* |
2,080 |
|
4 |
* |
* |
* |
* |
2,084 |
|
2 |
* |
* |
* |
* |
2,089 |
| Apr |
12 |
* |
* |
* |
* |
* |
|
4 |
* |
* |
* |
* |
* |
|
2 |
* |
* |
* |
* |
* |
Deadline to choose the fixed interest rates for june 2012 is 24.05.2012.
Floating rates for may and june 2012 is: 2,080%, 2,084% and 2,089%.
*You will find the fixed interest rates in Historical interest rates 2011.
**The effective interest rate is normally 0,1 - 0,2 percentage points higher than the nominal interest rate, depending on the size of the loan and the payment scheme. At present, a start up fee of NOK 600 and a NOK 30 fee for each payment is included when the effective interest rate is calculated.
The interest rate on loans given on special conditions up to 1996 is at any given time 1 % lower than ordinary interest rates.
Risk assessment
Customers who apply for a loan in the Housing Bank must currently at least be able to pay up to 7 percent interest annually. Please note that this is only one of several criteria for for the assessment of loan applications.
Historical interest rates
2011
2010 -
2006 - 2009
2000 - 2005
1996 - 1999