Ålandsbanken leads Swedish variable mortgages at 2.55% in January 2026
Ålandsbanken's average variable rate of 2.55% beat Skandia's 2.56% in January 2026. The banks' median rose for every rate period from December 2025.
Ålandsbanken overtook Skandia with the lowest average variable mortgage rate ("rörlig snittränta") in January 2026, at 2.55%. The median bank rate rose for every rate period ("bindningstid") from December 2025. The median excludes savings banks ("sparbanker") and margin lenders ("marginallångivare"). To see where the banks' rates stand after January 2026, check the current mortgage rates.
Variable rate, 3 months
In December 2025, Ålandsbanken's average variable rate was 2.59%. It fell 0.04 percentage points in January 2026. Skandia's average rose 0.05 percentage points to 2.56%. Skandia shared second place with Avanza and Landshypotek Bank.
| Rank | Bank | Average rate |
|---|---|---|
| 1 |  Ålandsbanken |
2.55% |
| 2 |  Avanza |
2.56% |
| 2 |  Landshypotek Bank |
2.56% |
| 2 |  Skandia |
2.56% |
Fixed rate, 1 year
JAK Medlemsbank's one-year average rose 0.02 percentage points from December 2025 to 2.44% but remained the lowest. ICA Banken tied for third with Länsförsäkringar at 2.71%. ICA Banken's average fell 0.06 percentage points.
| Rank | Bank | Average rate |
|---|---|---|
| 1 |  JAK Medlemsbank |
2.44% |
| 2 |  Ikano Bank |
2.70% |
| 3 |  ICA Banken |
2.71% |
| 3 |  Länsförsäkringar |
2.71% |
Fixed rate, 3 years
A rise of 0.16 percentage points took Skurups Sparbank's three-year average to 2.88%. Swedbank moved ahead with the lowest average of 2.87%, up 0.04 percentage points from December 2025.
| Rank | Bank | Average rate |
|---|---|---|
| 1 |  Swedbank |
2.87% |
| 2 |  Skurups Sparbank |
2.88% |
| 2 | Sparbanken Mälardalen |
2.88% |
Highest average rates
At 3.42%, Ekobanken had the highest average variable rate. Nordea was highest for one-year mortgages at 3.02%. Länsförsäkringar's three-year average of 3.34% was the highest for that fixed-rate period.
Variable rate, 3 months
| Rank | Bank | Average rate |
|---|---|---|
| 1 |  Ekobanken |
3.42% |
| 2 | JAK Medlemsbank |
3.26% |
| 3 |  Sparbanken Syd |
2.83% |
Fixed rate, 1 year
| Rank | Bank | Average rate |
|---|---|---|
| 1 |  Nordea |
3.02% |
| 2 |  Hypoteket |
2.94% |
| 3 |  Handelsbanken |
2.90% |
Fixed rate, 3 years
| Rank | Bank | Average rate |
|---|---|---|
| 1 | Länsförsäkringar |
3.34% |
| 2 | Handelsbanken |
3.22% |
| 2 | Nordea |
3.22% |
Margin lenders
For three-month mortgages, Bluestep Bank reported 6.07% and Marginalen Bank 6.92%, while Northmill Bank reported 5.98%. The averages at Nordax Bank, Svea Bank and 60plusbanken were 4.59%, 5.83% and 5.95%, respectively.
Bluestep Bank's fixed-rate averages were 7.54% for one year, 6.10% for three years and 6.17% for five years. These lenders assess each customer's credit before setting a rate. Their averages are therefore 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.