Interesting how mortages vary so wildly between countries. Here in Denmark the variable loans are all below zero. You still pay something as the loan has a man

Interesting how mortages vary so wildly between countries. Here in Denmark the variable loans are all below zero. You still pay something as the loan has a management fee on top of the interest, so you can end up paying approx 0.6% in interest in the variable loan that can change every 5 years. The mortage loan can only cover up to 80% of the value of the house, with rest being 5% cash and 15% a more normal, higher-interest bank loan. How much you can loan is based on a multiplier of your household income typically. The 30-year fixed loan is 2% effective interest. And you can also not pay any interest for up to 10 years.