Total Housing Budget Calculator
Your mortgage payment is only part of the picture. This calculator adds up every recurring housing cost — loan payment, property tax, insurance, electricity, heating and water — so you can see your true monthly and annual housing budget in one place. This is essential for realistic financial planning and for understanding how much of your income goes towards housing.
What Is Included
The calculator covers the six most common fixed and variable housing costs in Denmark. The mortgage payment (or rent) is typically the largest item, followed by heating, electricity and property tax. Insurance and water round out the total. You can adjust each field to match your actual bills or use the defaults as a starting point.
Why a Total Budget Matters
Financial advisors in Denmark recommend that total housing costs should not exceed 30-35% of your gross income. By seeing all costs in one view, you can identify areas where you might save — for example by switching energy provider, improving insulation or renegotiating your insurance. The annual total also helps when comparing the true cost of different properties.