This is the story of how I took su-loans during the study, and a couple of years after the end of the study, I had money to pay for the purchase of houses. My guide to how to get cheap loans after study contains investments in shares. Before you start, you should know, of course, that it is not risk-free to invest in stocks, bonds, wind turbines or whatever else you could invest in.

The reason to take as much su-loan as possible

There is no loan cheaper than su-loans. After completing the study, you pay 1% + discount (so it is actually only 1%), to borrow money. If you otherwise want to borrow money without security , it will usually cost at least 10% per. years, and often even more for young people. For example, with a loan of 100,000 kr you can save 9000 kr per year. I used the borrowed money on the purchase of housing, so let's start with a home loan of 7%, which still gives a saving of around 6000 kr a year. If you raise $ 200,000 in su-loans, which you do not feel like a consumer, you will thus be able to save about 12,000 kr per year. If you only have the money on a bank account with a rate of 0.7%, which is what you can get on a savings account with Bank Norwegian, then it will cost you $ 600 a year until you need the loan.

If you follow the above model, you can have an incredibly cheap loan after studying. There should not be many years of expensive loans before the cheap su-loan has earned home many times. If you are not risky, you may also consider investing the su loan and see if you may even earn money on the cheap loan . The higher the profits you go after, the more risk there will also be as a starting point.

The profits you go for, the more risk there will be as a starting point.

How I was making money on borrowing money

When I was still studying, I opted for a period of su-loans. Half of the borrowed money I spent on consumption, while the other half was invested in shares. I chose to make it through an equity fund at Danske Invest. Today, I would probably see if I could find one with lower costs, thus choosing to put my money in an index fund.

After graduating, I was notified that I would pay barely 100,000 kr in su debt over the next 10 years. 3 years after I chose to buy my first house, I could sell my investment certificates for almost 100,000, even though I had only invested half of my su loans.

I wish I had taken more loans

It's always easy to be backbone, but if I had the same knowledge I have today, I would definitely have taken as much su-loans as I possibly could. I would have paid a bigger amount into a savings account from Bank Norwegian, and maybe I would have invested a little more. In the end, I would avoid taking a loan of $ 200,000 at a high interest rate, but instead, faster and cheaper could finance the purchase of larger items such as house or car, via su-debt.

I hope you can use my experiences for something. If you are taking extra loans, do not forget to use them for additional consumption.