Compare Danish mortgages at Jyske Realkredit, Nordea Kredit, Realkredit Danmark and Totalkredit
Compare the same loan at Jyske Realkredit, Nordea Kredit, Realkredit Danmark and Totalkredit – with the same rate and price for all. The difference lies in contribution rates, fees and discounts from the institutions' own price lists.
Refinancing at all institutions
Sorted by net gain after 10 years (after tax) with the same rate and price for all. This is not a recommendation.
| Institution | New principal | Change in monthly payment after tax (year 1) | Break-even | Net gain 3 yrs | Net gain 5 yrs | Net gain 10 yrs |
|---|---|---|---|---|---|---|
| Nordea Kredit | DKK 2,013,776 | DKK -1,041 | 10 mo. | DKK 38,440 | DKK 71,549 | DKK 147,710 |
| Realkredit Danmark | DKK 2,019,396 | DKK -1,047 | 14 mo. | DKK 33,350 | DKK 66,792 | DKK 143,712 |
| Jyske Realkredit | DKK 2,017,862 | DKK -995 | 13 mo. | DKK 32,949 | DKK 65,171 | DKK 139,322 |
| Totalkredit | DKK 2,014,306 | DKK -1,079 | 10 mo. | DKK 39,248 | DKK 67,792 | DKK 131,801 |
A negative change in payment = you pay less per month. Net gain = difference in outstanding debt + accumulated saving after tax.
Totalkredit: Totalkredit states that all private customers with a Totalkredit loan can get a KundeKroner discount of 0.25% of the outstanding debt per year until 31/12/2029. What happens after that has not been decided – we assume 0% from 2030.
What we have assumed
- The redemption fee is set to DKK 1,250 (the highest we know).
- The loan is repaid at a price of 100. This requires notice to a payment date, and you pay interest until that date – this is not included here.
- Registration duty is calculated as if your old mortgage deed is for the outstanding debt. If it is for more, the duty will be lower.
- Any bank fee for the refinancing is not included. Ask your bank.
- Net gain = the difference in outstanding debt + what you have saved (or paid extra) after tax. The future market value of the debt is unknown and not included.
The rate is Danmarks Nationalbank's average for August 2026.
How we calculate
- All institutions are calculated with the same rate, price, term and interest-only period. Contribution, fees and discounts are what set them apart.
- One-off costs = price deduction + settlement commission + arrangement commission + processing fee + registration duty.
- When refinancing, the net gain is the difference in outstanding debt plus the accumulated saving after tax.
- The order is a sort by one figure – not a recommendation. No row is highlighted.
Questions for your bank meeting
- What is the contribution rate on my loan, and how is it calculated (loan-to-value bands, interest-only surcharge, discounts)?
- What is the total cost over 10 years including all fees – both the institution's and the bank's?
- Which price is the offer based on, and what does a fixed-price agreement cost?
- What does the refinancing cost in total, and when will I have earned it back after tax?
- Which fees does the bank charge for arranging the loan?
- Are there discounts – such as KundeKroner – and how long do they apply?
realkredit.ai provides general information and calculations – not personal, legal or financial advice, and nothing here is legally binding. The figures are indicative and based on your own numbers and the prices we have verified. Always check your loan offer, and talk to your bank, an independent adviser or a lawyer before you decide.