Compare Mortgages in Norway

Compare mortgage interest rates from Norwegian banks.

Compare the top 20 Norwegian mortgages providers, with rates from 3.49% initial. Data current as of 23 October 2026 and updated daily from the Giraffy database.

Live offers

20 live offers compared from 20 providers, from 3.49% initial. Updated daily.

Sbanken Mortgage Mortgages Sbanken Mortgage

3.49% initial

  • Interest Rate: 3.49%
  • Loan Term: Up to 30 years
  • Max LTV: Up to 85%

Moere Bank Mortgage Mortgages Moere Bank Mortgage

3.79% initial

  • Interest Rate: 3.79%
  • Loan Term: Up to 30 years
  • Max LTV: Up to 85%

Storebrand Mortgage Mortgages Storebrand Mortgage

3.99% initial

  • Interest Rate: 3.99%
  • Loan Term: Up to 30 years
  • Max LTV: Up to 85%

Eika Gruppen Mortgage Mortgages Eika Gruppen Mortgage

4.25% initial

  • Interest Rate: 4.25%
  • Loan Term: Up to 30 years
  • Max LTV: Up to 85%

Bank Norwegian Mortgage Mortgages Bank Norwegian Mortgage

4.49% initial

  • Interest Rate: 4.49%
  • Loan Term: Up to 30 years
  • Max LTV: Up to 85%

Komplett Mortgage Mortgages Komplett Mortgage

4.59% initial

  • Interest Rate: 4.59%
  • Loan Term: Up to 30 years
  • Max LTV: Up to 85%

Instabank Mortgage Mortgages Instabank Mortgage

4.79% initial

  • Interest Rate: 4.79%
  • Loan Term: Up to 30 years
  • Max LTV: Up to 85%

BN Bank Mortgage Mortgages BN Bank Mortgage

4.99% initial

  • Interest Rate: 4.99%
  • Loan Term: Up to 30 years
  • Max LTV: Up to 85%

Cultura Mortgage Mortgages Cultura Mortgage

5.09% initial

  • Interest Rate: 5.09%
  • Loan Term: Up to 30 years
  • Max LTV: Up to 85%

Fana Sparebank Mortgage Mortgages Fana Sparebank Mortgage

5.25% initial

  • Interest Rate: 5.25%
  • Loan Term: Up to 30 years
  • Max LTV: Up to 85%

Landkreditt Bank Boliglån Landkreditt Bank

5.40% initial

  • Interest Rate: ~5.40% (often one of cheapest)
  • Loan Term: Up to 30 years
  • Max LTV: 80%

Storebrand Boliglån Storebrand Bank

5.45% initial

  • Interest Rate: ~5.45% (variable, low green rate)
  • Loan Term: Up to 30 years
  • Max LTV: 85%

Sparebanken Vest Mortgage Mortgages Sparebanken Vest Mortgage

5.49% initial

  • Interest Rate: 5.49%
  • Loan Term: Up to 30 years
  • Max LTV: Up to 85%

SpareBank 1 Boliglån SpareBank 1 Forsikring

5.49% initial

  • Interest Rate: ~5.49% (competitive variable)
  • Loan Term: Up to 30 years
  • Max LTV: 85%

DNB Boliglån DNB Bank

5.50% initial

  • Interest Rate: ~5.5% (variable, Norway's largest lender)
  • Loan Term: Up to 30 years
  • Max LTV: 85%

Lea Bank Boliglån Lea Bank

5.55% initial

  • Interest Rate: ~5.55% (variable)
  • Loan Term: Up to 30 years
  • Max LTV: 75%

Sparebanken More Mortgages Sparebanken More

5.59% initial

  • Interest Rate: 5.59%
  • Loan Term: Up to 30 years
  • Max LTV: Up to 85%

Nordea Boliglån Nordea Norway

5.60% initial

  • Interest Rate: ~5.6% (variable)
  • Loan Term: Up to 30 years
  • Max LTV: 85%

Santander Mortgage NO Mortgages Santander Mortgage NO

5.79% initial

  • Interest Rate: 5.79%
  • Loan Term: Up to 30 years
  • Max LTV: Up to 85%

Landkreditt Mortgage Mortgages Landkreditt Mortgage

5.99% initial

  • Interest Rate: 5.99%
  • Loan Term: Up to 30 years
  • Max LTV: Up to 85%

What is a mortgage in Norway?

A mortgage (boliglån) is a long-term loan secured against a home, used to buy a property or refinance an existing loan. In Norway the vast majority of mortgages are on a variable rate (flytende rente) that moves with the Norges Bank policy rate, though fixed-rate (fastrente) options exist. Homeownership is high, and mortgages are the largest financial commitment most Norwegian households take on.

How the Norwegian market works

Mortgage lending is tightly regulated by the boliglånsforskrift (mortgage lending regulation). You generally need at least a 15 percent deposit (egenkapital), total debt is capped at five times gross annual income, and lenders must stress-test your finances against an interest-rate rise. Most borrowers choose a variable rate that adjusts with market conditions, giving flexibility but exposure to rate changes. First-home buyers may use a BSU savings account for a deposit, and young buyers can sometimes access a startlån through the municipality and Husbanken.

Benefits

Homeownership — Spreads a large purchase over decades, making buying achievable.

Competitive rates — Strong competition and easy switching keep mortgage rates keen.

Flexible variable rates — Variable loans allow extra repayments and refinancing without heavy penalties.

Deposit support — BSU savings and municipal startlån help first-time buyers.

How to choose

Compare the effective interest rate across lenders, and decide between a variable rate for flexibility or a fixed rate for certainty, weighing your view on future rates. Check the loan-to-value tiers, since lower borrowing against the home's value often earns a better rate. Look at fees, whether extra repayments are allowed freely, and any membership or salary-account conditions attached to the best rates. Getting a financing certificate (finansieringsbevis) before bidding is standard.

Leading providers in Norway

DNB and Nordea are the largest mortgage banks. SpareBank 1 and Sparebanken Vest are strong regional and national lenders. Storebrand Bank, Landkreditt Bank, Lea Bank and newer digital brands such as Komplett compete on rate. Membership organisations and unions sometimes negotiate preferential rates, so it is worth checking any affiliations.

What it costs

Mortgage interest rates recently ranged from around 3.49 percent to about 5.99 percent, depending on the loan-to-value ratio, whether the rate is variable or fixed, and the lender. Lower borrowing against the property value earns the best rates. There is usually an establishment fee and a small monthly charge, reflected in the effective rate, plus government document fees (dokumentavgift and tinglysing) on purchase. Rates on variable loans change with the market.

Protections and regulation

Mortgages are regulated by Finanstilsynet under the boliglånsforskrift, which sets the deposit requirement, the five-times-income debt cap and the stress test to protect borrowers. The Financial Contracts Act governs the loan agreement. Rate changes on variable loans must be notified in advance, and disputes can be taken to Finansklagenemnda.

Common questions

How large a deposit do I need? Generally at least 15 percent of the property value under the mortgage lending regulation.

Variable or fixed rate? Most Norwegians choose variable for flexibility; fixed gives certainty but is usually higher and less flexible.

How much can I borrow? Total debt is capped at five times gross annual income, subject to the affordability stress test.

Mortgages in Norway — FAQ

What mortgage rate can I get in Norway right now?

Giraffy tracks 20 mortgage products across 20 lenders in Norway. Use the sort and filter controls to compare fixed versus variable rates and initial deal lengths.

What is the difference between a fixed-rate and a variable-rate mortgage?

A fixed-rate mortgage locks your interest rate for a set period — typically 2, 5, or 10 years — giving payment certainty. A variable rate moves with the central bank benchmark rate set by Finanstilsynet (Financial Supervisory Authority of Norway). Fixed rates suit those who want stability; variable suits those who expect rates to fall.

How much can I borrow with a mortgage?

Most lenders apply an income multiple — typically 4–5× your gross annual income for a conventional mortgage. Affordability assessments also factor in outgoings, existing debts, and the property's loan-to-value (LTV) ratio. A mortgage adviser or broker can run a full affordability assessment for free.

What is LTV (loan-to-value) and why does it matter?

Loan-to-Value (LTV) is the mortgage amount as a percentage of the property's value. A 90% LTV means you're borrowing 90% and putting down 10% as a deposit. Lower LTV means less risk for the lender — you'll typically be offered a lower interest rate with a deposit of 20–25% or more.

How long does mortgage approval take?

An indicative approval can usually be obtained the same day online. Full mortgage approval — after property valuation and underwriting — typically takes 2–6 weeks. Having all your documents ready (pay stubs, bank statements, ID) speeds up the process significantly.

Are there Islamic home-finance products available in Norway?

Sharia-compliant home-finance products structure the transaction without interest, typically through Murabaha (cost-plus financing) or Ijara (lease-to-own) arrangements. Check with individual lenders for availability in your market.

What fees are charged to set up a mortgage?

Lenders often charge arrangement, origination, or application fees to set up a mortgage — amounts vary by lender and market. You can usually add them to the loan, but you'll pay interest on them for the full term. For large loans, a higher-fee/lower-rate deal may be cheaper overall — compare total cost over the initial fixed period.