> Four in 10 mortgage borrowers in Sweden are not paying off their debt, I believe this is no longer true. Since 2016 there is an amorteringskrav (amortization

> Four in 10 mortgage borrowers in Sweden are not paying off their debt, I believe this is no longer true. Since 2016 there is an amorteringskrav (amortization requirement) on housing loans. All new housing loans with a loan-to-value ratio of 70% or higher must pay off at least 2% of the loan per year, and if you're below 70% then you must pay off at least 1% per year until you're below 50%. You must also pay an additional 1% per year if you've borrowed more than 4.5 times your yearly salary (excluding taxes). When you buy a house/apartment it's most common to have an initial loan-to-value ratio of 85% (since you're only allowed to get a housing loan for up to 85% of the property's value).