What to check
Review the bank's notice and your own agreement. Do not rely on an assumed future rate cut to balance your budget.
Three questions before deciding
- What is the need?
Separate essential expenses from wants. Consider waiting, saving or choosing a lower-cost option.
- What is the total cost?
Compare equivalent amounts and terms. Look at interest, fees and total repayment, as well as the monthly payment.
- Can your finances handle changes?
Allow for unexpected expenses and consider what happens if income falls or interest rises.
How to use Finansvalg
Explore our guides and calculators at your own pace. When you’re ready, the form can help you check whether a partner may be able to assist with personal borrowing. Our privacy policy explains how your information is used.
These sources provide general background and do not endorse Finansvalg. The information is general and should be considered in light of your circumstances.