Refinance mortgage
Refinancing a mortgage is relevant for those who want a lower interest rate, better terms or a more flexible repayment plan. Eiendomsfinans compares offers from several banks and helps you find the solution that best suits your finances.
In a nutshell:
- Mortgage refinancing means replacing an existing mortgage with a new loan
- The goal is often lower interest rates, better terms or lower monthly costs
- Many people use refinancing to bundle small loans into their mortgage
- Eiendomsfinans obtains offers from several banks on your behalf
What does it mean to refinance your mortgage?
Refinancing your mortgage means that your existing mortgage is replaced with a new loan on new terms. This can be done either with the same bank or by moving the loan to another lender. For many, this offers a lower interest rate, better terms or the opportunity to combine other debts in the mortgage for a lower total cost.
Advantages of refinancing your mortgage
Refinancing your mortgage can provide both financial savings
and greater flexibility.
Lower interest rate
→ Lower loan-to-value ratios, fewer small loans and better finances can result in significantly lower interest rates.
Better conditions
→ For example, fewer fees, adjusted maturity or transition between fixed and floating rate.
Collect small loans in the mortgage
→ Can reduce the total cost through lower interest rates and fewer bills, but is only explained in general terms here.
Lower monthly cost
→ Longer maturities and lower interest rates can improve liquidity.
Better predictability
→ One single payment and clearer structure.
This is how we help you:
Fill in the application form
It only takes a few minutes and is completely
free and non-binding for you.
We talk to the banks
Your advisor will talk to our partners and find the
best solution for you.
Receive a non-binding offer
Once we've landed the solution we
most believe in, we'll contact you for a
no-obligation quote.
When should you consider refinancing your mortgage?
- When you have a higher interest rate than the market
- When the home has increased in value
- When the terms of current loans have deteriorated
- When you want a lower installment amount
- When you want to combine several loans into one
This is how Eiendomsfinans helps you:
Mapping of the mortgage
We review the current interest rate, outstanding debt, lock-in period and targets.
We get quotes from several banks
As an authorized loan intermediary, we compare loan offers on your behalf.
You are presented with the best solution
Clear, understandable and adapted to your situation.
We help with the implementation
We follow you through the entire process – from choice to new loan in place.
Loan calculator - refinance home loan
Totalbeløp
Kostnad
Etabl.gebyr
Termingebyr
Effektiv rente
Free and fast case management
With us, you will be assigned a dedicated advisor who will help you every step of the way. After
a pleasant conversation with you, we map out your financial situation.
FAQ - Refinancing a mortgage
What is required to refinance the mortgage?
Income, property value, loan-to-value ratio and ability to pay are assessed. Debt should be within 5 times gross annual income and security within 90% of the value of the home.
Can I refinance without a valuation?
Usually no, since property value affects interest rates. Eiendomsfinans can help you with a value estimate.
Can I include a consumer loan in my mortgage?
Yes, in many cases it’s fine – assessed individually. There can be a lot to save here.
How much does it cost to refinance the mortgage?
Establishment and registration fees may apply. Most banks have an establishment fee of around 1,500-3,000. In addition, the state charges 545,– for registration of a mortgage.
How quickly can refinancing be completed?
Time spent varies, but on average 1-2 weeks. Often depends on the time it takes to register.
Element #6
Maybe you want to know too:
We can help you refinance your mortgage
Through our partnerships with many banks,
we have extensive knowledge of the solutions and products available.
Together we review your financial situation, obtain an overview
of debt and find an optimal solution for you.
Maybe you want to know too:
