Green mortgage
An extra mortgage interest discount for households buying, refinancing or owning a home with a qualifying energy rating or environmental certification.
Tato příležitost je nyní dostupná v angličtině.
Sparbanken Boken reduces your individually agreed mortgage interest rate by 0.10 percentage points. The reduction covers all mortgages linked to the qualifying home and starts on the day the bank registers it.
For a three-month rate, the green discount lasts until your individual interest discount expires. For a fixed rate of 1–10 years, it lasts until the fixed-rate period ends. Apply again when the relevant period expires; eligibility is checked against the criteria then in force. A declaration expiring during the fixed-rate period does not end the discount early.
You borrow money secured on your home and repay the loan principal as well as interest. Annual principal repayments must be at least 2% of the total loan if borrowing exceeds 70% of the home’s value, or at least 1% above 50% and up to 70%. Repayment is optional at 50% or below. The minimum amortization period is ten years, but you can make extra repayments by contacting the bank.
If you increase a mortgage taken before 1 June 2016, the alternative rule lets you repay the new loan over ten years without affecting existing mortgages. Borrowers previously required to repay an extra 1% because debt exceeded 4.5 times annual income can apply in the app or internet bank to remove that extra repayment; the bank assesses each request individually. Temporary repayment exemptions for increased costs or reduced income are exceptional and assessed individually.
The mortgage’s setup fee is SEK 650 for borrowers who are not Nyckelkund customers. Nyckelkund customers pay no setup fee or notice charge when notices are digital; postal notices cost SEK 45 each. If your income is in another currency than the loan, exchange-rate changes can affect what you must pay.
Eligibility
You can apply when taking a new mortgage, transferring a mortgage to Sparbanken Boken or already borrowing from the bank. Your home must meet at least one of these criteria:
- Energy class A or B under Boverket’s classification, with an energy declaration issued on or after 1 January 2014. Older declarations do not qualify.
- A Svanen-labelled house certified under Miljömärkning Sverige.
- A passive house certified by Passive House Institute.
- Miljöbyggnad Silver or Gold certification under Sweden Green Building Council.
Apartments held through a housing association and holiday homes can qualify too. For an apartment, contact the association to check the energy classification.
The bank checks your ability to repay using a credit report from UC AB and must approve the home as collateral. Information supporting the loan promise must remain accurate and unchanged when the mortgage is paid out.
How to apply
- Stav
- Průběžně otevřené
- Podmínky daného kola žádostí
- New mortgages and transfers are subject to the bank’s credit and property assessment; request the green discount after mortgage payout.
For a home purchase or mortgage transfer, start with a loan promise, find a qualifying home and apply for the mortgage. The mortgage application page asks for information about the home and your finances; the bank contacts you and assesses the property before approving the loan. You can also call Sparbanken Boken on 0430-735 00 to discuss a new mortgage or transfer.
After you have access to the home and the mortgage has been paid out at your individual interest rate, submit the green-mortgage interest form linked from the offer page. Reply to the message in your internet bank and attach a valid certificate. Existing mortgage customers check the criteria and submit the same interest form. One borrower can submit the request for the extra discount.
Apply again through the form when the discount or fixed-rate period ends. Contact the bank if you want to make an extra principal repayment, pay off the mortgage or change your repayment plan.