We present DTU's candidate field models for IGRF-12 and the parent field model from which they were derived, CHAOS-5. Ten months of magnetic field observations from ESA's Swarm mission, together with up-to-date ground observatory monthly means, were used to supplement the data sources previously used to construct CHAOS-4. The internal field part of CHAOS-5, from which our IGRF-12 candidate models were extracted, is time-dependent up to spherical harmonic degree 20 and involves sixth-order splines with a 0.5 year knot spacing. In CHAOS-5, compared with CHAOS-4, we update only the low-degree internal field model (degrees 1 to 24) and the associated external field model. The high-degree internal field (degrees 25 to 90) is taken from the same model CHAOS-4h, based on low-altitude CHAMP data, which was used in CHAOS-4. We find that CHAOS-5 is able to consistently fit magnetic field data from six independent low Earth orbit satellites: Orsted, CHAMP, SAC-C and the three Swarm satellites (A, B and C). It also adequately describes the secular variation measured at ground observatories. CHAOS-5 thus contributes to an initial validation of the quality of the Swarm magnetic data, in particular demonstrating that Huber weighted rms model residuals to Swarm vector field data are lower than those to Orsted and CHAMP vector data (when either one or two star cameras were operating). CHAOS-5 shows three pulses of secular acceleration at the core surface over the past decade; the 2006 and 2009 pulses have previously been documented, but the 2013 pulse has only recently been identified. The spatial signature of the 2013 pulse at the core surface, under the Atlantic sector where it is strongest, is well correlated with the 2006 pulse, but anti-correlated with the 2009 pulse.