Danmarks Nationalbank

06/01/2023 | Press release | Distributed by Public on 06/01/2023 00:33

Homeowners’ budgets and debt servicing capacity projections

Homeowners' budgets and debt servicing capacity projections

Economic Memo - June 2023 - No. 4

Authors Martinello, Alessandro; Meyer, Bjørn Bjørnsson; Rhode Nissen, Rikke
Subject Financial stability; Denmarks Nationalbank´s analyses of financial stability; Inflation, wages and prices
Type Economic Memo
Year 2023
Published 1 June 2023
By 2023, because of inflation and rising interest rates the monthly budget of an additional 3.4 percent of homeowners would be insufficient to obtain their current loans from a Danish credit institute. Further, in case of unemployment the budget of 3 out of 4 affected households would be severely impacted despite insurance and spousal income.
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