Belåningsgrad (loan-to-value)
Belåningsgrad (loan-to-value, LTV) is your mortgage measured as a percentage of the home’s value. Borrow 3 million kr on a 4 million kr home and your belåningsgrad is 75%. It is the number that decides how much you must amortise and shapes the rate you are offered.
Why it matters
Sweden’s amortisation requirement is tiered by LTV. Above 70% you must repay at least 2% of the loan a year; between 50% and 70%, at least 1%; below 50% there is no legal requirement. A lower belåningsgrad means less forced amortisation each month and often a better interest rate, so it directly affects your cash flow.
How it changes over time
Your belåningsgrad falls as you amortise and as the home’s value rises, and rises if values fall. Since April 2026 you can borrow up to 90% at purchase, so many buyers start with a high LTV and bring it down over the first years through amortisation.
Where it shows up
- Mortgage
- Benchmark
The 2026 reform removed the extra 1% amortisation that applied to households borrowing more than 4.5× their gross income. The LTV-based tiers (2% and 1%) remain the main driver, so belåningsgrad is still the number that decides your minimum amortisation.