How will the interest rate be determined?

We determine the interest rate based on:

• the interest table of Hyra Hypotheken at the time of the application;
• the right and feasible financing;
• the actual risk class of the requested financing (LTV).

The interest rate is therefore fixed during the validity of the offer. There is an exception; if the interest rate drops during the signing period of the indicative offer and Hyra Hypotheken has not yet received a version signed by the borrowers, an advisor may adjust the interest rate in and on the indicative offer.

In addition, Hyra Hypotheken takes into account repayments on the loan by the borrower. If the loan falls into a different risk class as a result, we automatically change the risk class as of the 1st day of the following month.