Budapest is unbeatable – where do they apply for the most home loans?

There has been a turnaround in the housing loan market this year. The interest rate on market loans is currently around 6.5 percent on average, which is more favorable compared to the previous, higher interest rates. Interest is also increasing because more and more subsidized loan options are available, and average earnings are also rising.

Despite this, large differences can still be seen between certain parts of the country. It is not only the interest rate that matters, but also how much real estate costs in a given region, how much demand there is, and what the income situation of the residents is. It is also important how much self-funding someone has and how creditworthy they are. The availability of state subsidies – such as CSOK or rural CSOK – also affects how much credit is needed in a given area. In smaller settlements, there is generally a demand for lower amounts of credit, while in the capital and large cities, where real estate prices are higher, residents require larger amounts. These differences are also important for financial institutions.