How Much Can I Borrow in Norway?
Fill in your gross annual income, your equity and the interest rate you expect to see how much you can borrow under the lending regulation, how expensive a home that buys, and whether the debt ratio or your equity sets the limit.
General values (Norway). They don't account for regional rules or other costs that may apply. Check them with your lender or advisor.
More options
Enter your income, savings, interest rate and term.
A rough estimate with a fixed payment. Lenders will also look at your other debts and job stability.
Work out the mortgage for this home →Results are estimates. Solvemis accepts no responsibility for the results obtained or for how they are used. Always double-check the result and talk to a qualified professional before making decisions.
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How it works
How to use it
- Fill in your gross annual income and the equity you have.
- Add the interest rate you expect and the repayment period.
- Check the debt ratio (5 times) and the equity requirement (10%), and if you like, add a share of income for the monthly payment.
- See how much you can borrow, how expensive a home that buys, and which limit applies.
How it is calculated
A home price is calculated for each limit, and the lowest one applies. Debt ratio: the loan can be at most five times gross annual income. Equity: your savings must cover 10% of the price plus the costs. If you fill in a share of income, a limit on the monthly payment also applies. The values are guide values for Norway. A second applicant's income is added to yours; other debt payments count the way the country's rule counts them.
Sources
- Utlånsforskriften — Eiendom Norge
- utlånsforskriften — Store norske leksikon
About this calculator
How it is calculated
The lending regulation sets two main requirements for home loans. The debt ratio: total debt can be at most five times gross annual income. Equity: you need at least 10% of the purchase price yourself, and you also pay the costs. The calculator works out the home price each limit allows and shows the lowest.
An example: with NOK 600,000 in annual income you can borrow up to NOK 3 million. If you have NOK 400,000 in equity and buy a freehold home, it is your equity that sets the limit: it stretches to a home of NOK 3.2 million, because 10% equity (NOK 320,000) and the document duty (NOK 80,000) have to be covered by it.
What else banks look at
Banks may depart from the rules for a small share of loans each quarter. They also test your ability to service the loan: whether you can handle a rate rise of 3 percentage points with normal living costs. Student loans and other debt count towards the five-times-income limit. If you want to set your own limit on the monthly payment, you can fill in a share of income.
Costs in Norway
For a freehold home you pay a 2.5% document duty on the purchase price, plus registration fees. In a housing cooperative there is no document duty, but you take over a share of the joint debt. The 2.5% filled in is a general value: check it with your bank or an adviser.
Frequently asked questions
How much can I borrow relative to my income?
Under the lending regulation, total debt as a rule cannot be more than five times gross annual income. With NOK 600,000 in income the limit is NOK 3 million, minus any other debt you already have.
How much equity do I need?
At least 10% of the purchase price since 2025. On top of that you have to pay the costs, such as the 2.5% document duty for a freehold home, with your own money.
Does the calculator include the stress test?
No. The bank also tests whether you can handle a rate rise; that can give a lower loan than here. Other debt you can add: see the next question.
What if we buy as a couple, or I already pay other loans?
Under «More options» you can add the second applicant's income, which is added to yours, and what you already pay each month for other loans, cards or leasing. In Norway, the limit of 5 times income counts all your debt, so what you still owe on other loans comes off the maximum mortgage.
Updated 20 October 2026
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