According to the Danish National Bank, each household with a mortgage loan has to pay 3500 DKK more per month due to the increased interest rates. Due to this situation, approximately 36,000 households will have difficulty paying their loans. What to do?
- Make an overview of your monthly spending. See if you can cancel some subscriptions, reduce spending on travel, clothes, and takeaway food, and think about whether you really need a car.
- Book a meeting with the bank advisor. Tell them that you are close to not being able to pay your loans. They have different tools to help. Refinancing the loan. Moving the bank loan under the mortgage where there are lower interest rates (if you bought the house a long time ago, maybe 10 years), and so on.
