- Swedish name
- Medlåntagaravtal
- Price
- 630 kr
895 kr - Signing
- Free, no BankID needed
- Governing law
- The Promissory Notes Act, skuldebrevslagen (1936:81)
Also called: co-borrower agreement · joint borrower agreement · Medlåntagaravtal
What a co-borrower agreement does
Where two people take a loan together, this settles between them who pays what. The bank can pursue either of you for the whole debt regardless — this agreement decides how you settle up with each other.
In Sweden this document is called Medlåntagaravtal. It is worth learning the Swedish term: it is what a bank, a housing association, an employer or an authority will ask you for, and searching for the English name alone will often turn up rules from another country that do not apply here. The rules come from The Promissory Notes Act, skuldebrevslagen (1936:81), and the questions you answer while creating the document are the ones that statute makes relevant.
When you need one
- You are taking a mortgage together but paying different shares.
- You are a co-borrower on someone else's loan.
- You want a right of recourse if you end up paying more than your share.
If none of these quite describes your situation, that is worth taking seriously rather than working around. Ask us in English and we will tell you honestly whether this is the right document, a different one, or a case that needs advice instead of a template.
How it works
- Answer the questions. The builder asks one question at a time and shows the finished text updating as you go, so you can see exactly what each answer produces.
- Look up anything unfamiliar. The questions are in Swedish. Our English glossary of Swedish form terms covers the words the forms actually use, and you can ask us in English at any point while you fill it in.
- Pay once, at the end. 630 kr, including VAT, only when the document is finished and you have seen it.
- Sign it online, free. Everyone who needs to sign gets an email link. Swedish BankID is available but never required.
Being straight about language: this page, the guides and our support are in English. The builder itself and the finished document are in Swedish, because a Swedish co-borrower agreement has to be in Swedish to work with Swedish counterparties, banks and authorities. If you would rather not fill in a Swedish form at all, ask us and one of our lawyers will draft it for you from an English conversation, for a fixed 3 490 kr.
Questions
Will the co-borrower agreement be in Swedish or English?
The finished document is in Swedish. That is deliberate: a Swedish co-borrower agreement is read by Swedish counterparties, banks, authorities and, if it ever comes to it, a Swedish court, and a translation has no legal standing on its own. Everything around it is in English, and this page explains in English exactly what the document says and does. If you would like an English explanation of your specific finished document, ask us and we will walk you through it.
Which law applies to a co-borrower agreement in Sweden?
The Promissory Notes Act, skuldebrevslagen (1936:81). The template follows it, and the questions you answer are the ones that statute makes relevant. Swedish law is what governs the document regardless of where you are from or where you signed it.
Is it valid if I am not a Swedish citizen?
Yes. What matters for a co-borrower agreement is Swedish law and the connection to Sweden, not your citizenship. You do not need a Swedish personal identity number to create the document, and you do not need Swedish BankID to sign it, because e-signing works with email verification as well.
What does it cost?
630 kr including VAT, reduced from 895 kr during the current launch offer. That is the whole price: no subscription, no per-signature fee and no charge for e-signing. If you would rather have one of our lawyers draft or review it for you, that is a separate fixed price of 3 490 kr.
How do we sign it?
Online, free, and from anywhere. Everyone who has to sign gets a link by email, verifies themselves, and signs. Swedish BankID is offered but never required, which is what makes this work for people who have just moved here or who sign from abroad. You can also print it and sign on paper if you prefer.
What if it turns out to be wrong for my situation?
Tell us and we will correct it at no cost. If a document does not fit your circumstances, the honest answer is sometimes that you need advice rather than a template, and we will say so — you can book a lawyer instead of buying the document.
Related documents
- Promissory note (Skuldebrev)
- Recourse agreement (Regressavtal)
- Commercial loan agreement (Kommersiellt låneavtal)
- Simple promissory note (Enkelt skuldebrev (revers))
