Green mortgage
A mortgage for buying or owning an energy-efficient home with energy rating A or B and a documented energy certificate.
Esta oportunidade está atualmente disponível em inglês.
You can apply for a green mortgage for a home you already own or want to buy if it has energy rating A or B. SpareBank 1 Gudbrandsdal offers a better interest rate than on its ordinary mortgage. This entry covers the standard mortgage for a home that already meets the energy requirement.
The published terms allow borrowing up to 90% of the purchase price, within 90% of the bank’s valuation basis, with repayment over up to 30 years. You repay the borrowed money through instalments, with interest and fees in addition. If you move an existing mortgage to the bank and accept its offer, the bank pays off the old mortgage and creates your new loan.
The current tariff lists rates from 5.10% nominal and 5.28% effective for green mortgages of more than NOK 2 million. Nominal interest excludes fees; effective interest includes fees and other borrowing costs. The bank’s example of NOK 2 million over 25 years has borrowing costs of NOK 1,558,091 and a total repayment of NOK 3,558,091. Your borrowing amount and offer are assessed individually.
The mortgage establishment fee starts at NOK 2,000 per case, with a NOK 1,000 security-administration charge per property pledged as security. The instalment fee is NOK 50 without a payment notice, or NOK 75 with a notice or posted giro notice.
Eligibility
- The home must have energy rating A or B. Submit an energy certificate so the bank can approve the green mortgage. For a purchase, you can check the rating in the sales particulars and advertisement.
- You must have a current account with salary payments coming into it at SpareBank 1 Gudbrandsdal.
- The bank assesses how much you can borrow. Its published explanation describes a general requirement for at least 10% own funds, borrowing no more than five times your income, and the ability to afford interest three percentage points above the current level or at least 7%. You must also cover the purchase costs.
- If two people apply together to move an existing mortgage, both must consent to the bank obtaining information from Skatteetaten, the Norwegian Tax Administration.
How to apply
- Estado
- Aberto continuamente
- Condições do período de candidaturas
- Individual credit approval and an A/B energy certificate are required.[^c2][^c8][^c12]
Apply through SpareBank 1 Gudbrandsdal’s online mortgage application. In the comment field at the end, state that you want a green mortgage and explain why the home qualifies. Provide the energy certificate for approval.
You can also book a free, non-binding adviser meeting, including if you are considering becoming a customer. The public booking page provides a meeting option for people without BankID.