Mortgage Dictionary - Amortization

Master the language of Swedish mortgages and real estate. From belåningsgrad (loan-to-value) to handpenning (earnest money) – understand every term you'll encounter when buying a home in Sweden.

Selected Tag: Amortization

A

🇸🇪AmorteringAmortization (principal repayment, loan repayment)
Amortizationrequirementsrecurring-cost
The part of your monthly payment that reduces the actual debt. Unlike interest which is a cost, amortization is a form of saving.
🇸🇪AmorteringsundantagAmortization exemption (repayment holiday, payment deferral)
Amortizationapplicationrequirements
Temporary exemption from amortization requirements under special circumstances like income loss.
🇸🇪AmorteringskravAmortization requirement (mandatory amortization, repayment requirement, mandatory repayment, compulsory amortization)
AmortizationRegulationrequirementsrecurring-cost
Rules stating how much you must amortize based on loan-to-value (debt ratio requirement removed in April 2026). Set by the Financial Supervisory Authority.
🇸🇪AmorteringsplanAmortization schedule (repayment plan, payoff schedule)
Amortizationrecurring-cost
A plan for how quickly you pay off the loan. Shows how the debt decreases over time.
🇸🇪AnnuitetAnnuity loan (fixed payment loan)
Amortizationrecurring-cost
A loan type where the monthly payment is constant but the split between interest and amortization changes over time. In the beginning, it's mostly interest.

I

🇸🇪AmorteringsfrittInterest-only (amortization-free, no amortization)
Amortizationrequirementsrecurring-cost
Not having to amortize for a period. Was more common before; now special reasons like illness or unemployment are required.

L

🇸🇪LöptidLoan term (tenure, repayment period)
Amortizationnegotiation
How long it takes to pay off the loan completely. Longer term gives lower monthly payment but more total interest paid.

M

🇸🇪MånadskostnadMonthly payment (monthly cost, monthly installment)
Amortizationrecurring-cost
What you pay the bank each month - interest plus amortization plus any fees. The foundation of your housing budget.

S

🇸🇪Rak amorteringStraight-line amortization (linear amortization, equal principal payments)
Amortizationrecurring-cost
A loan type where you amortize the same amount each month. Monthly cost decreases over time as the interest portion shrinks.