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Housing loan interest rates in Sweden

How to hangle non-transparent system?

Vladden
post 2.Oct.2019, 12:38 PM
Post #1
Joined: 14.Mar.2018

About to take a housing loan in Sweden. In other EU countries it works as Euribor (3 or 12 months) + % margin, i.e it is fully transparent.

When talking to Swedish bankers they respond "we do not disclose our margins but you can still tie your loan to reference rate". I just do not understand how. Sounds as a reap off.

I would appreciate advises how to go about it and/or explanation how it actually works.
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Svedallas
post 2.Oct.2019, 01:58 PM
Post #2
Joined: 21.Apr.2016

QUOTE (Vladden @ 2.Oct.2019, 01:38 PM) *
About to take a housing loan in Sweden. In other EU countries it works as Euribor (3 or 12 months) + % margin, i.e it is fully transparent. When talking to Swedish bankers the ... (show full quote)


Have you ever heard of the website, google?



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skogsbo
post 2.Oct.2019, 04:18 PM
Post #3
Joined: 20.Sep.2011

Just look at what the base rate is. The rate they offer. That's their margin.
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gterreni
post 6.Oct.2019, 03:04 PM
Post #4
Joined: 9.Aug.2018

QUOTE (Svedallas @ 2.Oct.2019, 02:58 PM) *
Have you ever heard of the website, google?

A surprisingly useful reply! God bless your presence here, we would all be doomed
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