They recently changed the lower limit of the down payment to 15% in Sweden. But yes, you'll generally get a better interest rate if you put more of your own mon

They recently changed the lower limit of the down payment to 15% in Sweden. But yes, you'll generally get a better interest rate if you put more of your own money into the purchase. As a Swede in the middle of buying a house in the U.S. I have to say it's surprisingly similar. The big differences between Sweden and the U.S. is the loan terms. Here in the U.S. the terms are extremely long, you'll typically get 10, 15 or 30 years with a locked interest rate. In Sweden you'd normally lock your rate for 1-5 years up to 10 years depending on your financial situation. When I owned a condo in Sweden I went for 1 year locked rate and then month-to-month once that first year passed. What you have instead of a fixed term is a fixed amortization. By law you have to pay back 2%/year until your principle is down to 70%, 1% until it's down to 50% and after that you can just pay interest if that's what you want to do.