Using Danish household level data, we find that a relatively large share of total interest-only mortgage debt is held …-only loans do not fully use the lower instalments to increase their savings or to amortise more expensive debt. This is in … type in Denmark, and the largest difference is found for those families who have the lowest savings propensity, and those …

demonstrate how a sharp reduction in voluntary pension savings is partly offset by increased repayments on mortgage loans. …Measuring the effect of an unanticipated reduction in tax credits on pension savings, this paper shows that individuals … subsidies for saving in pension accounts only affect total individual savings to a limited extent, but unlike prior research …

This study investigated the effect of objective and subjective financial literacy on mortgage payment delinquency using …