How to finance your home You can finance your home - or your holiday home – in several ways. You can take out a loan of up to 80% of the property value (60% of a holiday home) with the bank or a mortgage credit institution. You generally have up to 30 years to repay your loan, and you can choose between fixed and floating interest rates and between amortised and non-amortised loans. If you need to borrow more than 80% of the property value, you must take out a loan for the remaining amount with the bank. This part of your home financing is usually slightly more expensive and the term of the loan is usually shorter. The interest rate is floating and you can choose between amortised and non-amortised loans. The choice of housing loan depends on your own requirements and your financial situation. There are both pros and cons of the different options. We can help you get an overview, so you can make your choice on a well-considered basis. You are welcome to consult your account manager. We provide advice according to good business practice and classify the loans that we offer and arrange according to risk. We distinguish between low, medium and high risk. Symbolised through the colour codes - green, amber and red. Read more at jyskebank.dk/risikomaerkning [in Danish only]. 2
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