Do you wish to change your loan terms?
Your financial situation may have changed since your loan was disbursed, and you may now have a need to change your terms.You can make certain changes to your loan yourself by signing in to My Account.
The changes available depend on whether your loan has a fixed or floating interest rate.
If your loan has been transferred to the Norwegian Tax Administration's Debt Collection Authority, you cannot make changes to your loan.
In My Account, you can:
- switch to a fixed interest rate for 3, 5, 10 or 20 years (provided your loan has sufficient remaining term)
- change between a serial loan and an annuity loan
- change from quarterly to monthly repayments
- choose a combination of fixed and floating interest rates if your loan consists of two or more sub-loans
- change your payment due date to the 1st, 12th or 20th of the month
- shorten your repayment period
- postpone a payment
- apply for a repayment holiday of up to three months
You will also find a calculator in My Customer Account that lets you see how different loan terms affect your repayments.
You must apply in writing if you want to:
- change your loan term (up to a maximum of 30 years from the date the loan was disbursed)
- change from monthly to quarterly repayments
- apply for a repayment holiday of more than three months. You must include the Overview of Household Finances form (PDF in Norwegian)
Please note that the Housing Bank may have applied special conditions when approving your loan. If so, the options available to you may be limited.
Send your application and supporting documentation to: Husbanken, Postboks 1404, 8002 Bodø
Alternatively, you can use our secure document submission service (Norwegian page).
When you choose a fixed interest rate, you are committed to the agreed repayment plan throughout the fixed-rate period. You can only apply to change your loan terms once the fixed-rate period has ended.
The following changes do not affect your fixed interest rate agreement and can be made by signing in to My Account:
- switch between a serial loan and an annuity loan
- change your payment due date to the 1st, 12th or 20th of the month
The following actions may result in breakage costs or breakage gains:
- ending your fixed interest rate agreement (this can be done through My Account)
- making additional repayments
- repaying your loan in full before the end of the fixed-rate period
Need help?
If you need more information or assistance, please contact our Administration Office at phone number 22 96 16 00 or forvaltning@husbanken.no.