yeah, but they added fees on top, so it was never like your principal was going down without paying installments. Now the interest rates are back to 5%, and 6% might come soon.

The best period was last year when mortgages were already around 4% (because they’re driven by the free market and what was happening in the US) and on top of that you had negative interest on your bank account, because Danish National’s bank interest rate was negative, so banked passed off the costs to customers. The negative interest rate also didn’t help when the inflation was going up quite quickly.