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On Thursday, March 24, Norges Bank raised its main interest rate by 0,25 percentage points. Monday, March 28 DNB decided to raise interest rates on mortgage loans by as much as 0,25 percentage points.
This way you will be notified
Information on the change in interest rates will be available at the online bank between April 1-4. Customers who do not have online banking will receive the letter by mail.
Prices for new customers are valid from April 4. For existing customers, the prices are valid from May 13.
The bank's price lists will be updated on April 4.
Thus, it could affect your mortgage
With everyone percentage increase bank loan interest rate, your annual interest costs will increase by NOK 10 for every NOK million you have. This is a pre-tax cost.
DNB raises interest rates on mortgage loans
If a loan of NOK 3 million, then you will receive NOK 30 in interest costs per year, not including any tax deductions.
Including tax deduction, the increased interest cost will be NOK 23 for a loan of three million. If interest rate will increase by one percentage point.
Read our next article: Mortgage loan in Norway
