HOMEOWNERS’ BUDGETS AND DEBT SERVICING CAPACITY PROJECTIONS IN DENMARK

Denmarks Nationalbank’s latest analysis reveals concerning trends for homeowners in Denmark. Due to inflation and rising interest rates, an additional 3.4 percent of homeowners are projected to face insufficient monthly budgets to support their current loans from Danish credit institutions. The study also highlights that 3 out of 4 affected households would encounter significant financial challenges in the event of unemployment, despite insurance coverage and spousal income. These findings emphasize the growing financial strain on homeowners in Denmark.

https://www.nationalbanken.dk/en/publications/Pages/2023/06/Homeowners%E2%80%99-budgets-and-debt-servicing-capacity-projections.aspx

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