Buying a home in Norway: mortgage rates and costs
What a mortgage typically costs in Norway right now, how the central bank rate compares, and a worked monthly payment example you can adjust in our calculators.
Typical mortgage rate
5.5% – 6.3%
25-year amortising, mostly variable (flytende rente). True long-term fixed rates are rare.
As of 2025-11-28. Source
Example monthly payment in Norway
| Purchase price | NOK 4,000,000 |
|---|---|
| Deposit (15%) | NOK 600,000 |
| Loan amount | NOK 3,400,000 |
| Interest rate | 5.9% · 25-year term |
| Estimated monthly payment | NOK 21,699 |
Illustration only, using the midpoint of the typical rate range. It excludes taxes, insurance and fees. Adjust the figures in the mortgage calculator.