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You'd be taking on currency exchange risk, as the Danes will want to loan you Euros but you'll likely be paying back the loan in USDs.
by howlin 7y ago
You'd be taking on currency exchange risk, as the Danes will want to loan you Euros but you'll likely be paying back the loan in USDs.
- alkonaut 7y agoThey'll most likely want to loan you some DKK, not EUR.
- deleted 7y ago[deleted]
- selarkin 7y agoDenmark is not in the Euro, it uses the Danish Krone (DKK), though it is pegged to the Euro.
- JumpCrisscross 7y ago> You'd be taking on currency exchange risk Swapping loans is fairly trivial, and would leave one with a mortgage rate competitive with American ones.