Working paper: Loan types, leverage, and savings behaviour of Danish households

Authors Kuchler, Andreas
Subject Danish Economy; Housing finance; household balance sheets
Type Working paper
Year 2015
Published 3 September 2015
Abstract icon The paper analyses how savings behaviour and leverage of Danish households vary across interest and amortisation profiles on mortgage loans. The analysis shows that households choosing interest only-mortgages have lower savings rates, take larger loans and have higher loan to value-ratios than households which amortise their mortgage debt.