Mortgage Calculator in Denmark

Kristian Ole Rørbye

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Updated 23. June 2026

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High limit

Matchbanker

Typical APR 2.04%

Borrow DKK 1,000 – DKK 500,000

Repayment period 1–15 Years

From age 18 years Payout speed: Varies

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Representative example: Total loan amount: 40,000 kr. – Term: 5 years – Monthly repayment from: 755 kr. to 1,038 kr. – APR from: 2.04% to 24.99% – Term: 1–15 years – Total borrowing costs: DKK 5,274 to DKK 22,199 – Total repayment: DKK 45,274 to DKK 62,199 – Maximum APR 24.99%.

High limit

Letfinans

Typical APR 3.69%

Borrow DKK 10,000 – DKK 500,000

Repayment period 1–15 Years

From age 21 years Payout speed: Varies

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Representative example: Price example: Total credit amount 150,000 kr. APR 4.11%. Variable borrowing rate 3.55%. Set-up fee 2,550 kr. Total repayment 193,325 kr. Total credit costs: DKK 43,325. APR range: 3.69% – 24.99%. The terms of the agreement depend on your credit rating. You may cancel the credit agreement within 14 days.

High limit

Weblånet

Typical APR 7.53%

Borrow DKK 25,000 – DKK 500,000

Repayment period 1–15 Years

From age 20 years Payout speed: Varies

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Representative example: At a variable interest rate of 7.00%. Price example: Total loan amount 238,000 kr. APR 7.86%. Monthly repayment approx. DKK 2,380. Total repayment: DKK 307,522. Total borrowing costs: DKK 69,522.

High limit

D:E:R

Typical APR 19.65%

Borrow DKK 10,000 – DKK 150,000

Repayment period 36–102 months

From age 20 years Payout speed: Varies

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Representative example: 25,000 kr. over 84 months. Variable borrowing rate: 19.56%. APR: 22.92%. Monthly repayment: 567 kr. Total repayment: 47,668 kr. Total credit costs: 22,668 kr. Set-up costs and payment fees are included in all calculations. Based on payment via HomeBanking. 14-day right of withdrawal.

High limit

MyLoan24

Typical APR 2.04%

Borrow DKK 5,000 – DKK 500,000

Repayment period 12–180 Months

From age 18 years Payout speed: Varies

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Representative example: Total loan amount: 175,000 kr. – Term: 11 years. APR: 7.45%. – Variable borrowing rate: 7.00%. – Arrangement fee: DKK 1,750. – Expected monthly repayment: DKK 1,924. – Total repayment: DKK 253,968. – Term: 1–15 years. – APR: 2.04–24.99%. – Maximum APR: 24.99%.

High limit

Arcadia Finans

Typical APR 11.85%

Borrow DKK 25,000 – DKK 500,000

Repayment period 1–15 Year

From age 18 years Payout speed: Varies

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Representative example: Loan of 30,000 kr., term of 4 years, variable interest rate: Monthly repayment 780–900 kr., borrowing rate 9.95%–18.95%. APR before tax from 11.85% to 20.84%. Total borrowing costs 7,402–13,119 kr., and the total amount repaid from 37,402 to 43,119 kr. APR 4.9–24.9%. Term 1–15 years. * The monthly instalment is calculated using an interest rate of 5%.

High limit

PayMark Finans

Typical APR 19.65%

Borrow DKK 10,000 – DKK 150,000

Repayment period 36–102 Months

From age 20 years Payout speed: Varies

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Representative example: 40,000 kr. over 84 months. Variable borrowing rate: 19.56%. APR: 22.92%. Monthly repayment: 908 kr. Total repayment: 76,270 kr. Total credit costs: 36,270 kr. Set-up costs and payment fees are included in all calculations. Based on payment via HomeBanking. 14-day right of withdrawal.

High limit

L'easy Kontantlån

Typical APR 19.65%

Borrow DKK 10,000 – DKK 150,000

Repayment period 36–102 Months

From age 20 years Payout speed: Varies

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Representative example: 10,000 kr. over 84 months. Variable borrowing rate: 19.56%. APR: 22.92%. Monthly repayment: 227 kr. Total repayment: 19,067 kr. Total credit costs: 9,067 kr. Set-up costs and payment fees are included in all calculations. Based on payment via HomeBanking. 14-day right of withdrawal.

Ferratum

Typical APR 24.99%

Borrow DKK 2,500 – DKK 20,000

Repayment period 9–199 Months

From age 21 years Payout speed: Varies

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Representative example: Minimum monthly repayment: 3.18% of the outstanding credit or a minimum of 150 kroner, whichever is greater. Minimum repayment period: 9 months. Maximum repayment period: 199 months. Ferratum Credit is a flexible revolving credit facility, which means you simply use the credit you need. You can repay your credit at any time. The repayment period depends on the amount you choose to pay each month and on the amount of credit you have used. There is a 14-day right of withdrawal from the credit agreement.

Remark-friendly

Cashper

Typical APR 24.31%

Borrow DKK 3,000 – DKK 20,000

Repayment period 6 Months

From age 18 years Payout speed: Varies

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Representative example: Example: The interest rate is fixed. For a loan of 3,000 kr. with a term of 6 months, the nominal interest rate is 21.96%. The total cost as a percentage is 24.31%. Total repayment amount: 3,195.06 kr. Monthly payment: 533 kr. per month for 6 months.

High limit

L'easy Minilån

Typical APR 19.65%

Borrow DKK 10,000 – DKK 150,000

Repayment period 36–102 Months

From age 20 years Payout speed: Varies

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Representative example: 10,000 kr. over 84 months. Variable borrowing rate: 19.56%. APR: 22.92%. Monthly repayment: 227 kr. Total repayment: 19,067 kr. Total credit costs: 9,067 kr. Set-up costs and payment fees are included in all calculations. Based on payment via HomeBanking. 14-day right of withdrawal.

Borrowing costs money. Borrowing costs money. If you cannot repay on time, it may affect your credit record and make future borrowing more difficult. Always compare the total cost of credit before applying.

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Top pick: Matchbanker Up to DKK 500,000 from 2.04% APR.

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LoanExpat may receive compensation from partners when you click or apply through links on this page. This does not affect our editorial content.

Securing a home in Copenhagen or Aarhus requires understanding a financial system that operates unlike most others in Europe, which is why using a mortgage calculator in Denmark is the first step toward ownership. Danish property financing is built on a unique bond-based model where the lender acts as an intermediary between the borrower and the bond market, rather than simply lending from their own deposits.

For expats, the transition from paying rent to servicing a mortgage involves navigating the balance between fixed-rate and adjustable-rate loans. While the comparison grid above provides current market visibility, the underlying structure of these loans determines your long-term monthly costs. This content is for informational purposes and does not constitute financial advice; approval is never guaranteed and depends on individual creditworthiness and residency status.

The 80-15-5 Rule for Property Financing

In Denmark, the standard financing structure for a residential property is strictly regulated. A mortgage bank (realkreditinstitut) can typically finance up to 80% of the property’s purchase price through bond-backed loans. This is often the most cost-effective debt because it carries the lowest interest rates and has long repayment terms, often up to 30 years.

The remaining 20% is split into two parts. You are generally required to provide a minimum 5% cash down payment from your own savings. The middle 15% can be covered by a bank loan, which usually carries a higher interest rate than the primary mortgage. If you are looking to minimize this secondary debt, some residents choose borrowing options for foreign professionals to bridge smaller gaps, though mortgage lenders will scrutinize all existing liabilities during the application process.

Understanding Bidragssats and Bond Prices

When you use a calculator to estimate your payments, you will notice a fee called the ‘bidragssats.’ This is an ongoing administrative fee paid to the mortgage bank. It is not part of the interest rate itself but is a mandatory cost that varies depending on your loan-to-value ratio and the specific loan type you choose. Generally, the more equity you have in the home, the lower this fee becomes.

Another specific quirk of the Danish system is that your loan is tied to the market price of bonds. If you take out a fixed-rate loan and interest rates rise, the market value of your debt actually decreases. This allows homeowners to potentially ‘buy back’ their debt at a discount, a strategy that can significantly reduce the principal balance. This is a level of sophistication rarely found in other mortgage markets and requires careful monitoring of bond prices.

Eligibility for International Residents

Expats often face additional hurdles regarding the ‘right to buy.’ If you have lived in Denmark for less than five years, you generally need permission from the Ministry of Justice (Civilstyrelsen) to purchase real estate, unless you are an EU/EEA citizen working in the country. Lenders will also look for a permanent work contract and a stable history of income within the Danish tax system (SKAT).

Banks will calculate your ‘rådighedsbeløb,’ which is the amount of money you have left after all fixed expenses and debt obligations are met. For a couple with children, this requirement is significantly higher than for a single professional. If your current debt-to-income ratio is high, researching a loan to combine existing debts might be a necessary step before a mortgage lender approves a high-value property loan.

Fixed vs. Variable Rate Options

Choosing between a fixed-rate (fast rente) and a variable-rate (variabel rente) loan in Denmark involves different risks than in the UK or US. Variable rates, often called ‘F-kort’ or ‘F3/F5’, are adjusted at set intervals based on bond auctions. While these often start with lower payments, they offer no protection against rapid inflation or interest rate hikes.

Fixed-rate loans provide certainty for the full 30-year term. Many expats prefer this stability, especially when first entering the local market. Additionally, most Danish mortgages allow for ‘afdragsfrihed,’ or interest-only periods of up to 10 years. While this lowers immediate monthly costs, it does not reduce the principal, meaning your payments will jump significantly once the interest-only period ends. If you are also considering a vehicle purchase, comparing financing for cars in Denmark alongside your mortgage can help you understand your total monthly cash flow.

Closing Costs and Refinancing

Beyond the purchase price, you must budget for transaction costs. These include a registration fee to the state (tinglysningsafgift), which consists of a fixed fee plus a percentage of the loan value and the property price. You should also account for lawyer fees and potentially a home inspection report (tilstandsrapport) if you are buying a house rather than an apartment.

The Danish system is highly flexible regarding refinancing. If market rates drop significantly, it is common for homeowners to ‘convert’ their loans to a lower interest rate for a relatively small fee. This active management of debt is a hallmark of the local property market. Using a mortgage calculator in Denmark regularly even after you have purchased a home can help you identify the right moment to refinance and save on interest costs over the life of the loan.

Last updated: 23. June 2026