Home equity credit lines
Our most flexible home mortgage. A borrowing limit of up to 60% of the value of the property.
A framework that lets you borrow and pay down when it suits you
Use the money the way you want to
Interest-only period throughout the duration of the loan
How does a home equity credit line work?
- You only pay interest on what you have actually used, not the entire borrowing limit
- If you have an interest-only period, you can set up fixed instalments when it suits you
- If there are two borrowers, both can access the home equity credit line in their mobile and online bank
For those who buy an energy-efficient home or upgrade their existing homes to energy label A or B, you can apply for a green mortgage.
We always consider every loan application individually. The price you get is based, among other things, on debt-servicing capacity, security and risk.
We always consider every loan application individually. The price you get is based, among other things, on debt-servicing capacity, security and risk.
Price example Green home equity credit line
Nominal interest rate from 4.34%, operating interest rate from 4.50%. Annuity loans NOK 2,000,000 / 25 years. A final amount of NOK 11,000 per month. Cost NOK 1,303,190, total NOK 3,303,190. Requires a collateral in a home
Do you have a home mortgage at a different bank?
We give your home mortgage an offer to move.
Borrow more against your home
If the value of your home has increased, you can refinance your home mortgage and borrow more.
What is a home equity credit line?
A home equity credit line is a more flexible home mortgage that allows you to borrow up to 60% of the value of the home. The sum is your borrowing limit and can be used as you want. A home equity credit line gives you great freedom and you can make withdrawals free of charge in the online or mobile banking app. Therefore, a home equity credit line is also called a flexi-loan or equity release.
See what the home mortgage will cost you
Test different loan amounts and see the monthly cost.