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Cost of moneyNorway

Mortgage rates in Norway

What would a home loan cost me there?

Norway's mortgage rates is 5.60 % — #24 of 25 countries on the atlas (lower is better). Period 2026K2.

5.60%

Checked 8 Sept 2026Period 2026K2

Source: Norges Bank + SSB rentestatistikk (tabell 10648)

On a €300,000 loan over 25 years, 5.60 % works out to roughly €1,860 a month.

Among 25 countries

1 of 25 countries between 1.94 % and 2.09 %1 of 25 countries between 2.70 % and 2.85 %3 of 25 countries between 2.85 % and 3.01 %5 of 25 countries between 3.16 % and 3.31 %4 of 25 countries between 3.46 % and 3.62 %2 of 25 countries between 3.62 % and 3.77 %1 of 25 countries between 3.77 % and 3.92 %2 of 25 countries between 3.92 % and 4.07 %1 of 25 countries between 4.07 % and 4.23 %2 of 25 countries between 4.23 % and 4.38 %1 of 25 countries between 4.84 % and 4.99 %2 of 25 countries between 5.45 % and 5.60 %median 3.54 %Norway: ahead of 4 % of the 25 countries with a published mortgage rateNorway 5.60 %1.94 %5.60 %
Half of all 25 countries sit between 3.18 % and 3.98 %. Norway is ahead of 4 % of them. Axis trimmed to the 2nd–98th percentile; 1 value beyond it sits in the end bars.
Rank
#24 of 25
lower is better
Ranked behind
4 %
1 of 25 countries
Latest move
▲ 0.08 pp
since Q1 2026

In Europe: #24 of 24vs median 3.54 %: +2.06 pp (worse)

The neighbourhood

#CountryMortgage ratevs Norway
21 Estonia4.24 %−1.36 pp
22 Latvia4.34 %−1.26 pp
23 United Kingdom4.92 %−0.68 pp
24 Norway5.60 %—
25 United States6.71 %+1.11 pp

Interest rate on new home loans, from each country’s official statistics.

How to read this figure

The average interest rate on NEW home loans as reported by the official statistics of each country (ECB MIR for the euro area, Freddie Mac via FRED for the US, SSB for Norway) — not teaser offers, not renegotiations. Your own offer will differ with equity, term and bank.

Next, about Norway

House price growthLending rateInflation rateAverage monthly salary
Mortgage rates, all countries ranked →Compare Norway with another country →Everything about Norway →
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