For example, refinancing a loan of SEK 10,000 at a variable interest rate of 8.86% with a 12-month repayment period and 12 installments, with SEK 0 in administrative fees, gives an effective interest rate of 9.23%. The monthly cost will then be SEK 874 and the total amount to repay is SEK 10,486. Anyfin always offers individual interest rates.