Leie eller eie? The real math with dokumentavgift, rentefradrag, and fellesutgifter.
Norway’s housing market has unique features that change the math significantly. The rentefradrag gives you a 22% tax deduction on ALL mortgage interest — no threshold, no itemization required. On a 3.8 million kr mortgage at 4.5%, that’s roughly 3,100 kr/month in tax savings. This calculator includes that benefit automatically.
Closing costs depend heavily on whether you’re buying selveier (freehold) or borettslag (cooperative). Selveier properties carry a 2.5% dokumentavgift stamp duty. Borettslag purchases skip that entirely, reducing closing costs to roughly 1%. Use the property type toggle to see the difference.
Fellesutgifter (common costs) for Norwegian apartments typically run 2,000-5,000 kr/month and cover building maintenance, water, waste, and sometimes shared debt interest. These are a real monthly cost of owning that many calculators miss.
Capital gains on your primary residence are fully exempt if you’ve lived there for 12 of the last 24 months. Nearly all Norwegian mortgages are variable rate — if rates rise, your monthly costs rise too.