Average debt of new mortgage borrowers in Sweden 2022, by age
Mortgage debtors between 30 and 50 years had debts of the highest average value in Sweden in 2022, amounting to almost 3.18 million Swedish kronor. The corresponding figure for the age group of 18 to 30 years old was roughly 2.18 million Swedish kronor. The average debt value of new mortgage borrowers in Sweden has gradually increased since 2012. In Sweden, about half of the households live in an owner-occupied home with a mortgage, making it one of the biggest mortgage markets in Europe. The country has the fifth-highest value of mortgages outstanding but ranks lower in terms of gross residential mortgage lending.