Green mortgage for an A/B-rated home
Households with an energy class A or B home can receive a 0.25 percentage-point mortgage interest discount, with individual credit approval.
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Use a green mortgage when buying a qualifying home or moving an existing mortgage to Stadsbygd Sparebank. This entry covers the bank’s ordinary mortgage priced for borrowing up to 50% of the home’s market value.
The bank lends you money secured against the home, which you repay with interest and fees. Repayments reduce the amount you owe; interest and fees are borrowing costs. The green benefit reduces the applicable tariff interest rate by 0.25 percentage points. Your actual rate and total cost depend on the bank’s assessment of your ability to pay and its security.
Before the green discount, the ordinary nominal rate starts at 5.90% for loans of at least NOK 2 million and 6.05% for smaller loans. The published ordinary example uses a NOK 2 million annuity loan over 25 years with a NOK 4,000 establishment fee; it does not fix your green mortgage’s repayment period or total price.
The mortgage establishment fee starts at NOK 1,500. A depot fee is NOK 1,000, and each payment costs NOK 65 with a direct account debit or NOK 75 with a giro. Changing or replacing security, or releasing or changing its priority, costs NOK 1,000; reducing the registered secured amount costs NOK 500.
Eligibility
- Your home must have energy class A or B. You can find its energy rating in the sale particulars or property advertisement from when you bought it.
- For the ordinary pricing described here, the loan may cover no more than 50% of the home’s market value.
- The bank assesses your income, regular expenses, debt and payment history, including payment defaults. Borrowing must fit its lending rules: no more than five times gross annual income, and you must be able to handle an interest-rate rise of at least three percentage points.
- The listed prices require your salary to be paid into the bank and use of the bank for everyday banking. You must pay the loan on time.
How to apply
- Statut
- Candidatures au fil de l’eau
- Conditions de cette période de candidature
- Individual credit approval is required.
Call Stadsbygd Sparebank on 73 85 50 00, Monday–Friday 09:00–15:00, to discuss applying for the green mortgage and your individual borrowing terms. The current product is offered to new borrowers on an ongoing basis.
The bank needs financial documentation for its credit assessment. You may consent to it obtaining tax and income information from Skatteetaten through Altinn. If you decline that consent, you must provide the necessary documentation yourself.