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๐Ÿ‡ฉ๐Ÿ‡ฐ All calculations are based on Danish rules, rates, and currency (DKK). This calculator is translated for convenience but applies exclusively to Denmark.

Total Housing Overview Calculator

Your home is likely your biggest financial commitment. This calculator provides a consolidated view of all housing-related costs so you can see exactly what your home costs you each month, each year, and even per day. By entering mortgage payments, utilities, insurance, property tax, maintenance and subscriptions, you get a clear and actionable overview.

Understanding All Housing Costs

Many homeowners underestimate their true housing cost by focusing only on the mortgage payment. Utilities (electricity, heating, water), property tax, insurance and regular maintenance all contribute significantly to the total. In Denmark, property tax alone can amount to several thousand kroner per month depending on your property's location and value. Subscriptions related to the home โ€” such as internet, streaming services and alarm systems โ€” also add up.

Planning Your Housing Budget

Financial experts recommend that total housing costs should not exceed 30-35% of your gross income. If your costs are above this threshold, consider whether you can reduce utility costs through energy improvements, find cheaper insurance, or cut unnecessary subscriptions. This calculator helps you identify the biggest cost drivers so you can prioritize where to save.

Frequently Asked Questions

How do you calculate price per square metre?

Calculating the price per square metre is simple. Just divide the total property price by the number of livable square metres. For example, a 200 sqm property at 3,000,000 kr gives a price of 15,000 kr per sqm.

Is it worth being debt-free on your home?

A debt-free home provides peace of mind, security and predictability. When the debt disappears, so does the interest rate risk.

What is the 60/4 rule?

If you borrow more than 60% of the property value and total debt exceeds 4 times the household's pre-tax income, you cannot choose a "risky loan" in Denmark.

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