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Once a suitable apartment is found, getting a semi-promise from a bank—referred to as an "Lån"—is a pivotal step before placing a bid. This promise will dictate potential loan amounts based on one's income stability. Understanding the mortgage implications based on the down payment percentages can lead to significant savings in monthly payments.
After successfully placing a bid, buyers must engage the bank to evaluate the purchasing price and loan agreements. A minimum 15% down payment is typically required, along with quick turnarounds in payment timelines.