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Student Loan Calculator

Calculate repayment of your Danish student loan (SU-lån). See monthly payments, total interest and a full amortization schedule.

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🇩🇰 All calculations are based on Danish rules, rates, and currency (DKK). This calculator is translated for convenience but applies exclusively to Denmark.

Student Loan Repayment Calculator for Denmark

If you have taken out an SU-lån during your studies in Denmark, this calculator helps you plan your repayment. Enter your total student debt, the interest rate and the repayment period to see your monthly payment, total interest cost and a detailed month-by-month amortization schedule. Repayment of Danish student loans typically begins one year after completing your education.

Understanding SU-lån Interest Rates

Danish student loans have two different interest rates. During your studies, the interest rate is set by law and is typically very low (around 4%). After you finish your education, the rate changes to the discount rate set by Danmarks Nationalbank plus an additional percentage. The rate is adjusted annually.

Repayment Strategies for Student Loans

The standard repayment period for SU-lån is 7 to 15 years. Paying off your student loan faster by increasing monthly payments can save you significant interest, but it must be balanced against other financial goals. Use this calculator to compare different repayment periods.

Frequently Asked Questions

What is the interest rate on a student loan?

The interest rate on SU-lån is 4% per year while you study. After graduation, the debt is charged interest at the discount rate plus a percentage addition or reduction set annually in the finance act.

Is SU-lån the cheapest loan?

It is the cheapest way to borrow as a student, as the interest rate is very low compared to other loan types. You can wait to repay until you have graduated — when you may have found a full-time job and be better off financially.

Can you buy a house with student debt?

If you have SU-lån and need to borrow for a property, it matters if you need a bank loan. However, mortgage credit institutions generally do not consider SU-lån. If you need a bank loan, they will look at your existing debts.

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