Danish Mortgage Calculator
Danish home financing is split between a realkredit loan of up to 80% of the price and a more expensive bank loan on top. See what that actually costs you each month.
Your purchase
Interest deduction
Monthly cost after tax
18.537Â kr.
21.715Â kr. before the interest deduction. You need roughly 440.000Â kr. in cash to complete the purchase.
Realkredit loan
2.800.000Â kr.
13.368Â kr. / month
Bank loan
350.000Â kr.
2.714Â kr. / month
Contribution fee
1.633Â kr. / mo
Down payment
350.000Â kr.
Purchase costs
90.000Â kr.
Tinglysning, advisor, bank
Interest deduction
3.177Â kr. / mo
Total interest over term
2.012.346Â kr.
Suggested gross income
674.088Â kr. / yr
Housing cost near a third of income
Assumptions: the realkredit loan covers up to 80% of the price as a fixed-rate annuity loan, the bank loan covers the rest over 20 years, and the contribution rate is charged on the realkredit debt. The interest deduction is worth about 33% on the first 50,000 kr. of interest a year and about 25% above that (2026 rates for a single person; the limit is 100,000 kr. for couples).
Banks typically want your total housing cost to stay near a third of your gross income and require at least 5% of the price in cash, plus purchase costs.
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