Lowest Swedish mortgage rate in December 2025: 2.42% on a one-year fix
JAK Medlemsbank held its one-year average at 2.42% in December 2025. Skandia was lowest on variable at 2.51%, Skurups Sparbank on three years at 2.72%.
JAK Medlemsbank had the lowest one-year average mortgage rate ("snittränta") in December 2025, unchanged at 2.42%. That was below every bank's average variable rate, where Skandia was lowest at 2.51%. You can compare the banks' current mortgage rates on the Bolån Radar rates page.
Variable rate, 3 months
For variable mortgages with a three-month rate period ("bindningstid"), Skandia remained lowest at 2.51%, down 0.01 percentage points from November 2025. Avanza and Landshypotek Bank shared second place at 2.55%.
| Rank | Bank | Average rate |
|---|---|---|
| 1 |  Skandia |
2.51% |
| 2 |  Avanza |
2.55% |
| 2 |  Landshypotek Bank |
2.55% |
Fixed rate, 1 year
An unchanged average of 2.42% kept JAK Medlemsbank lowest for a one-year fixed-rate period. Ikano Bank's average rose 0.06 percentage points, while Sparbanken Alingsås's fell 0.09 percentage points. Both reported 2.67% and tied for second.
| Rank | Bank | Average rate |
|---|---|---|
| 1 |  JAK Medlemsbank |
2.42% |
| 2 |  Ikano Bank |
2.67% |
| 2 |  Sparbanken Alingsås |
2.67% |
Fixed rate, 3 years
Skurups Sparbank remained lowest for three-year fixes. Its average of 2.72% was 0.02 percentage points below its November 2025 average. In second place, Sparbanken Mälardalen's average fell 0.14 percentage points to 2.82% from the month before.
| Rank | Bank | Average rate |
|---|---|---|
| 1 | Skurups Sparbank |
2.72% |
| 2 | Sparbanken Mälardalen |
2.82% |
| 3 |  Swedbank |
2.83% |
Highest average rates
JAK Medlemsbank had the highest average variable mortgage rate at 3.25%, up 0.01 percentage points from November 2025. For a three-year fixed-rate period, Hypoteket had the highest average at 3.28%. That was an increase of 0.20 percentage points from the month before.
Variable rate, 3 months
| Rank | Bank | Average rate |
|---|---|---|
| 1 | JAK Medlemsbank |
3.25% |
| 2 |  Sparbanken Syd |
2.90% |
| 3 | Ikano Bank |
2.78% |
Fixed rate, 1 year
| Rank | Bank | Average rate |
|---|---|---|
| 1 |  Nordea |
2.98% |
| 2 |  Hypoteket |
2.95% |
| 3 |  Handelsbanken |
2.92% |
Fixed rate, 3 years
| Rank | Bank | Average rate |
|---|---|---|
| 1 | Hypoteket |
3.28% |
| 2 |  Länsförsäkringar |
3.25% |
| 3 | Handelsbanken |
3.18% |
Margin lenders
Three-month averages were 5.95% at 60plusbanken, 6.09% at Bluestep Bank and 5.49% at Marginalen Bank. Nordax Bank reported 4.56%, Northmill Bank 6.97% and Svea Bank 5.77%.
Fixed-rate averages at Bluestep Bank were 6.82% for one year, 6.71% for three and 6.85% for five, while Marginalen Bank reported 6.30% for one year. Margin lenders ("marginallångivare") set each customer's rate after a credit assessment, so their averages are not comparable with the banks'.
The average rate is the figure each bank reports for its mortgages with a given fixed-rate period during the month. It does not show the rate you would get, which depends on factors such as your loan-to-value ratio and income. Bolån Radar collects the figures from the banks' websites and cannot guarantee that they are complete or correct. This article is not advice on loans or fixed-rate periods.