After lifting the League One title he told BBC Radio Norfolk he would be happy with another year at Norwich.
"I'd love to come back but it's not my decision, it's all down to Newcastle if they'll let me come back. We'll just have to see what happens," he said.
Forster was substituted five minutes before the end of City's final game of the season against Carlisle, leaving the field to a stadium-wide chant of "Fraser Forster, one more year."
He says that if Newcastle did want him to gain another year's experience out on loan, the Norfolk club would be his first choice.
"Yes, definitely. Obviously I know all the lads and it would be easy to fit straight back in, I've loved it since I came here," he said.
"The manager's been brilliant with me and I'd love to come and work with Paul Lambert again.
"The fans have been brilliant with me since I came here, they've supported me all season. It was nice to come off and get that reception."
Forster finished the season just one clean sheet short of equalling Kevin Keelan's 1974/75 club record of 19.
He also finished second in the fans' player of the season award, behind top scorer and captain captain Grant Holt.
"I got players' player off the lads so I was delighted with that, but then to come second to Grant Holt, he quite rightly won it," added Forster.
"To score 30 goals in a season is unbelievable."
Source: BBC Sport
Source: BBC Sport