Skuldkvot

What skuldkvot means

Skuldkvot (your debt-to-income ratio) is a simple measure: your total mortgage debt divided by the household’s gross income, the income before tax. It shows how big the loan is compared with what you earn. If you borrow 4,500,000 kr and together earn 1,000,000 kr before tax, your skuldkvot is 4.5.

The number that used to matter

There used to be a clear line: a mortgage above 4.5 times gross income triggered an extra amortering (the repayment you make on the loan each year) of 1 percent per year on top of the normal requirement. That rule was removed on 1 April 2026, when a new law replaced the old regulations. So your skuldkvot no longer sets your repayments, but it is still a good way to feel how heavily the loan sits on your finances.

What applies to the loan now

The standard amorteringskrav (repayment requirement) stays in place and is based on belåningsgrad (loan-to-value, the size of the loan relative to the home’s value), not on skuldkvot: a mortgage above 70 percent of the home’s value is repaid at least 2 percent per year, and a loan between 50 and 70 percent at least 1 percent per year. From 1 April 2026 you can borrow up to 90 percent of the home’s value, which means a deposit of at least 10 percent.

What you should do

Work out your own skuldkvot before you bid: divide the loan you have in mind by your combined gross income. That figure no longer carries any requirement, but a high ratio means a larger share of your income goes to interest if rates rise. Spend a little extra time testing the monthly cost at a higher interest rate, so you know you can carry the home even in a tighter month.