In Sweden there is a rule that new loans must be amortized 1% per annum (2% if your principal is more than 60% of the value), so I guess that’s basically saying

In Sweden there is a rule that new loans must be amortized 1% per annum (2% if your principal is more than 60% of the value), so I guess that’s basically saying “pay it in 100 years”? Edit: actually the rule is 1% if principal to value is above I think 40%, so not even that is true. We are basically not expected to pay it off entirely unless we want to.