The interest rate up – so you're

"The interest rate up – you will be"

"The first rate hike in seven years is approaching. nNågot that would make the mortgage a hundred or hundreds of pounds more expensive for many swedes.nSå this will help you prepare yourself already now."

"– You should count on twice as high mortgage rates today, " says sparekonomen Johanna Litter."

"July 2011. On the radio was we of Eric Amarillo ”If the truth be told”, and in Germany fought the Swedish women's team to a bronze medal in the world CUP."

"the Same month, the Riksbank raised the repo rate to 2 per cent. Since then the curve has been pointing down, in February 2016 to reach a record low-0.5 per cent."

"But now speaks much for the first rate hike in seven years could be in the works, perhaps to the autumn. Within the Riksbank's executive board flying the flag for this."

"– It is the main scenario. If you read the Riksbank's latest press release you will see that there is much that points to it, " says Johanna Litter, sparekonom on the Avanza."

"Someone chockhöjning learn it, however, not be a matter of. First, in the autumn of 2019, the Riksbank's assessment that the repo rate might end up plus."

"But even a small repo rate increase could have severe consequences for Swedish households, not least for those who are sitting on large loans with variable durations."

"Assuming that mortgage rates follow in the same rate would increase from the current-0.5 per cent to sek-0.25% mean over 700 dollars more in boendeutgift for households with a loan of 5 million."

"At zero interest rates would be the one who sits on a moving tvåmiljonerslån expect to pay almost 600 dollars more a month, after interest deductions."

"– I believe that you already have to figure on what a slightly higher rate of interest would mean in dollars each month. You should count on twice as high mortgage rates today, 3 per cent. We will not get in the first one, but you should absolutely do it, " says Johanna Litter."

"Moving mortgage rates at 3 per cent would likely mean a repo rate of around 1 per cent. Where would we according to the Riksbank's forecast to be sometime in 2021."

"At such an interest rate it starts to sting sharply for many. Femmiljonerslåntagaren would see their living costs increase by a bit under 5 000 sek per month in such a scenario."

"– We banks expect households to cope with interest at 7 per cent. The margins may be good today but may be gone already at 3-4% interest rate. What happens then? You may strangle a hell of a lot of private consumption, " says Arturo Arques, privatekonom at Swedbank."

"He is highly leveraged households with small margins that bind the whole or parts of their loans."

"– Then you cannot afford to take chances with a variable interest rate. If the household on the other hand, has good margins and low debt, you can continue with the variable rate."

"Johanna Litter discourages, however, to tie their loans."

"– Everything that usually it is cheaper with a variable interest rate. Think extra carefully if you are unsure of your living arrangement in the future, because it can be expensive to break a tied loan. To repay more, or save to a buffer is better than tying for most people, " she says."

"the Facts: how would raising interest rates affect the interest expense"

"today, the repo rate at-0.5 per cent, and the banks' variable snitträntor of around 1.5%. We have calculated on how a repo rate increase would affect mortgage rates, and in turn, interest expenditure, provided that the difference between the repo rate and the mortgage rate continues to be at 2 percentage points."

"the interest Expense is calculated after interest deductions of 30 percent (21 percent in interest costs over 100 000 sek) in different lånenivåer."

"interest Expense at today's level (repo rate-0.5 per cent, mortgage rates 1.5 per cent)."

"Interest at the repo rate sek-0.25%, mortgage rate 1.75%"

"Interest at the rate of 0 per cent, mortgage rate 2 percent."

"Interest at the repo rate is 1%, the mortgage rate 3 percent."

"Interest at the repo rate of 2 per cent, mortgage rates of 4 per cent"