Combine fixed and variable interest rates
This is a combination loan
A combination loan is a loan that combines a fixed and a variable rate of interest. It’s ideal for people who want the predictability of a fixed-rate loan with the flexibility of a variable rate. You get the best of both worlds.
A fixed-rate loan is predictable and you’ll get the agreed interest rate for the entire period. You can decide whether to fix the interest rate 3, 5 or 10 years.
You decide how much of the loan should be linked to fixed and variable interest rates. You can make extra payments against the variable rate part of the loan if and when you are able to.
Price example Combination loan
Splitt 50/50 between fixed and floating interest rate o/10 year: Weighted operating interest rate from 5,21%. NOK 2 000 000 o/25 year. Instalment amount NOK 11774 per month. Cost NOK 1 535 390, total NOK 3 535 390.