Source: Danmarks Nationalbank
The larger geographical difference in ordinary installments can be illustrated with Gentofte and Lolland, which are the municipalities where homeowners repay the least and the most, respectively. Here, the difference in ordinary installments per million in mortgage debt has increased from kr. 26,704 in 2020 to kr. 32,511 in 2024. In Gentofte, homeowners paid an average of kr. 8,055 in installments in 2024 compared to kr. 40,566 in Lolland. The average installments in the municipalities where homeowners already paid the least in installments have decreased the most since 2020.
Since 2020, the differences in the share of interest-only mortgage loans have also increased across the country, varying in 024 from 77.4 percent in Gentofte to 16.8 percent in Tønder. Mortgage loans without installments are most widespread and have also increased the most in and around the larger cities and in North Zealand. Conversely, the southern and western municipalities have decreased their share of interest-only mortgage debt.