List of charges – Personal customers
November 2015
Administration margin in % p.a. (new loans)
Fixed-rate loans
FlexGaranti® and
FlexLån® T
FlexLån® K and
FlexKort®
0.2748
0.8248
1.3500
0.6812
0.2748
0.8248
1.3500
0.6812
0.2748
0.3248
0.8748
1.4000
0.7312
0.3248
0.8748
1.4000
0.7312
0.3248
0.4500
1.0000
1.5252
0.8564
0.4500
1.0000
1.5252
0.8564
0.4500
Loan-to-value
ratio
Homes
Residential property, residential farm property up to
10 acres
Weighted margin for loan-to-value ratio of 0-80%:
Holiday homes
Weighted margin for loan-to-value ratio of 0-60%:
Undeveloped sites
0 - 40 %
40 - 60 %
60 - 80 %
0 - 30 %
30 - 45 %
45 - 60 %
0 - 40 %
Margin on interest-only periods (all loans)
Loan-to-value ratio
residential property, residential farm property
up to 10 hectares
60% or less
More than 60%
Loan-to-value ratio
holiday homes
45% or less
More than 45%
Added margin
0.1000
0.3252
The above margins apply only if an agreement on monthly mortgage payments exists. For quarterly mortgage payments, an additional margin of 0.0500
of a point is charged.
The minimum administration margin is DKK 800/EUR 110 per year.
We calculate the margin on the outstanding debt and you pay a margin for each mortgage. A different calculation method may apply to loans disbursed
before 1990. This is stated in the mortgage deed. If you only have highest-ranking mortages with Realkredit Danmark, we calculate the margin on new
loans as if only one aggregate loan was established.
Brokerage, margins and exchange rates
Brokerage is 0.15% of the market value, however, a minimum of DKK 175/EUR 25.
The standard margin on bond trading is 0.20 of a point, except in connection with redemption, for which the margin is 0.10 of a point. A forward
premium or discount applies to loans settled more than two business days after the conclusion of the agreement. The margins on the refinancing of
FlexKort® and FlexLån® loans are 0.20 of a point except for FlexLån® F1 and F2, where the margin is 0.30 of a point.
The exchange rate applied is the Danish central bank’s average rate plus/less a standard margin of 1 o/oo. If the exchange rate is fixed immediately,
current exchange rates are used. For future payments and disbursements, the exchange rate is fixed as described above, however, adjusted for forward
premiums or discounts.
Loans with 12 annual mortgage payments
A mortgage payment normally consists of interest, instalment and administration margin. During interest-only periods, mortgage payments consist of
interest and administration margin.
Interest payments for each individual payment date are fixed, and if you make principal repayments, we increase the monthly interest rate to ensure that
the monthly interest payment in kroner remains the same. Your payment letter states the interest rate applicable for each month.
Special rules apply to loans with extraordinary repayments because of the shorter loan term.
Guaranteed loans with a discount
A guaranteed loan with a discount is a normal nominal loan with four annual mortgage payments. A bank covered by the “Cooperation agreement on the
sale of mortgage loans with/without guarantee” (“Samarbejdsaftale om formidling af realkreditlån med/uden garanti”) guarantees the part of the loan
exceeding the maximum loan-to-value ratio. The discount is currently 10% of the margin.
Re-investment rate in connection with immediate repayment at par
If you repay your mortgage loan through immediate repayment at par, we will dispose of the repayment amount for a specific period, during which you
will receive a re-investment rate. For loans in Danish kroner, we calculate the interest rate as the Danish central bank’s rate of interest on certificates of
deposit (CD rate) less 0.50 of a percentage point. For loans in euro, we calculate the interest rate as the European Central Bank Deposit Facility less 0.50
of a percentage point. Example: If the CD rate is 1.00%, the re-investment rate will be 0.50%, and if the CD rate is -1.00%, the re-investment rate will be
-1.50%.
General information
The charges do not apply to Greenland and the Faroe Islands. The list of charges is indicative only.
We reserve the right to adjust charges. For more information, please see section 24 Priser of the “Låntyper & Forretningsbetingelser - Privat” document
(only exist in Danish).
List of charges – Personal customers
November 2015
Charges – loan establishment
Loan fee1)
On account/partial disbursement after first disbursement
Establishment of digital documents2)
Equity release loans
Changes
Debt takeover
Processing fee1)
Fixed-price agreement
Establishment, change or default – fixed-price agreement 3)
Establishment, change or default – exchange rate fixing and fixed-price agreements 3)
Registration service
Reg. agreement incl. fixed-price agreement for new loan and loans which are repaid1 and 3).
Guarantees of less than DKK 10 million (max. DKK 67,000 p.a.)
Guarantees of more than DKK 10 million
Special fees
Reminders
Debt collection fee, per payment date
Postponement of payment(s)
Penalty interest (p.a.)
Service fees
FlexLån® – change of interest-reset profile or agreed payments4)
Interest-only loans – opting in or change of interest-only periods
Interest-only loans – opting out of interest-only periods
Electronic registration of title5)
Prints/copies
Prepayment offer
Prepayment – extraordinary, in full or part
Release/split of loan
Inspection of property in the event of release
Inspection of property – completion of works
Endorsement of mortgages, easements etc.
Change of collateral - e.g. guarantor
Electronic registration of probate court certificate
Transfer of pledged bonds to VP custody account
Annual statement (printout)6)
Registration of assignment and/or mandate, including changes
Misc. services (min. 1 hour of DKK 800)
DKK
3,000
1,500
500
1,500
EUR
400 per loan
200 per disbursement
70 per mortgage
- per loan
3,000
400 per mortgage
1,000
-
135 per agreement
135 per agreement
3,600
0.167%
0.056%
480 per agreement
- of the guarantee
amount per month
or part thereof
- of the guarantee
amount per month
or part thereof
100
13 per mortgage
100
13 per mortgage
100
13 per mortg./agreem.
18.0% 18.0% of amount owed
1,000
1,000
500
500
200
200
750
2,500
1,250
1,250
1,000
1,000
1,000
750
50
500
800
135 per loan
135 per loan
70 per loan
70 per case processed
30 per mortg./signature
30 per loan
100 per loan
335 per unit
165 per unit
165 per unit
135 per case processed
135 per case processed
135 per case processed
100 per pledge
- per year
70 per reg.
110 per hour
1) Danske Eksklusiv+ customers of Danske Bank get a 25% discount on the fee. Private Banking customers of
Danske Bank get a 50% discount on the fee. Read more about our customer groups and customer programmes at
www.danskebank.dk/kundeprogram.
2) Establishment of new loans. Payable only if registration is not performed by Realkredit Danmark or Danske
Bank.
3) If you cancel the fixed-price agreement, we will charge you for positive outlays and any capital losses.
4) Applies also to a change of currency provided the mortgage includes a change of currency clause.
5) Payable only if Realkredit Danmark does not perform registration.
6) Receive the annual statement free of charge in e-Boks. Register at www.e-boks.dk
The list of charges is indicative only.
We reserve the right to adjust the charges. For more information, please see section 24 Charges of the document “Loan types and business
terms – Personal customers”.
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CVR No. 1339.9174 Realkredit Danmark A/S Copenhagen