amorteringsplaner

Amorteringsplaner, or amortization schedules, are documents that show how a loan’s principal is repaid over time. They detail each payment’s split between interest and principal, the total payment per period, and the remaining balance. Such plans are common for mortgages and other long-term loans and aid budgeting and financial planning.

Plans are typically monthly but can be quarterly or yearly. The two most common repayment schemes in Norwegian lending are annuitetslån and serielån. In an annuitetslån, the total payment is fixed each period; the interest share declines while the principal share increases. In a serielån, the principal portion is fixed, causing the total payment to fall over time as interest decreases.

In Norway, amorteringer are often governed by regulatory requirements known as amorteringskrav. For new loans, lenders may demand amortization based on the loan-to-value ratio and remaining balance, with the aim of reducing leverage and risk. The exact rules vary by lender and borrower situation.

An amorteringsplan helps you foresee cash flows, compare loan offers, and decide on extra payments. Making additional principal payments reduces interest costs and shortens the loan term, though some loans may limit prepayments or apply penalties.