EMI Calculator Sweden
Work out your monthly loan instalment in SEK, see the total interest, and compare it against rates Sweden banks actually publish.
Click any bank to use their rate. Green = best deal
See how changes affect your loan
How is EMI calculated?
EMI = P × r × (1+r)n / ((1+r)n - 1). P = loan amount, r = monthly rate, n = months. Our calculator does this instantly.
What's a safe EMI-to-salary ratio?
Keep total EMIs under 40-50% of salary. Banks use Debt Burden Ratio (DBR) — UAE banks cap at 50%.
Longer tenure = lower EMI?
Yes — but you pay more total interest. A 5-year loan costs less overall than a 10-year loan at the same rate.
Loan interest rates in Sweden
Buzdy tracks 13 banks in Sweden with 125 branches across 22 cities. EMI results on this page are shown in SEK. The rates below are the ones those banks publish — use them in the calculator instead of a guess.
Looking for a credit card in Sweden?
Compare what banks in Sweden actually offer — rates, fees and eligibility, updated for 2026.
Credit card interest rates in Sweden
| Card | Bank | Interest rate | Annual fee | Interest-free days |
|---|---|---|---|---|
| Bankkort Mastercard | Svenska Handelsbanken AB | 1.42% per month | — | — |
| Debit card | Bank of aland plc | 1.42% per month | — | — |
| Visa credit card | Skandiabanken | 1.42% per month | — | — |
| Master credit card | forex bank | 1.42% per month | — | — |
| Mastercard | ICA Banken | 1.42% per month | — | — |
| Nordea Gold | Nordea bank | 1.42% per month | — | — |
| prem mastercard | Ikano bank | 1.42% per month | — | — |
| Bankkort Mastercard | Svenska Handelsbanken AB | 1.42% per month | — | — |
Relevant if you convert a card purchase into monthly instalments. 8 cards with a published rate.
Worked example — repaying SEK 100,000 of card balance over 5 years in Sweden
- Balance
- SEK 100,000
- Rate used
- 1.42% per month (≈17.04% a year)
- Tenure
- 60 months
- Monthly EMI
- SEK 2,487
- Total interest
- SEK 49,245
Rate taken from Bankkort Mastercard (Svenska Handelsbanken AB) — the lowest published credit card rate we hold for Sweden. Buzdy does not yet hold personal loan rates for Sweden, so this uses card interest — the rate that applies when you convert a purchase to instalments or carry a balance. Change the numbers in the calculator above for your own case.
Banks we track in Sweden
Keep going in Sweden
Guides for Sweden
Sweden — frequently asked questions
What does SEK 100,000 on a credit card cost per month in Sweden?
At 17.04% a year over 60 months the instalment works out at about SEK 2,487, or SEK 49,245 of interest in total. That rate comes from Bankkort Mastercard by Svenska Handelsbanken AB, the lowest published credit card rate Buzdy holds for Sweden. We do not yet hold personal loan rates for Sweden — bank loan rates are usually well below card rates.
What interest rate do credit cards charge in Sweden?
Across the 8 cards with a published rate in Sweden, quoted rates run from 1.42% per month to 1.42% per month. Card interest only applies if you carry a balance past the interest-free period.
Where can I apply for a loan in Sweden?
Buzdy maps 125 bank branches in Sweden across 22 cities. Open the branch directory to find the nearest one to you.
How is EMI calculated?
EMI = P × r × (1+r)^n ÷ ((1+r)^n − 1), where P is the amount borrowed, r the monthly rate (annual rate ÷ 12 ÷ 100) and n the number of months. The calculator above uses exactly this formula.