A Home Loan Costs Hungarians Millions More than Residents of Neighboring Countries

According to Bankmonitor's analysis, a 20-year, 20 million HUF home loan requires almost 6 million HUF more in Hungary than in the region for a similar amount.

Yet Hungarian banks offer home loans at particularly low prices, not only in regional but also in broader European comparisons.

Today, the average Hungarian home loan borrower repays HUF 5.7 million more to their bank than residents of neighboring countries for an average home loan of HUF 20 million. Meanwhile, Hungarian banks provide home loans at a particularly low cost, not only in regional but also in broader European comparisons. How is this possible?