New drawdowns of housing loans by Finnish households in May 2025 amounted to EUR 1.3 billion, an increase of 12% on the same month a year earlier, according to Bank of Finland.
Of the newly drawn housing loans, buy-to-let mortgages accounted for EUR 110 million.
The average interest rate on new housing loans declined from April, to 2.77% in May.
At the end of May 2025, the stock of housing loans stood at EUR 105.5 billion, with an annual growth rate of minus 0.3%.
Buy-to-let mortgages accounted for EUR 8.9 billion of the housing loan stock. At the end of May, Finnish households’ loan stock included EUR 17.6 billion of consumer credit and EUR 17.6 billion of other loans.
Drawdowns of new loans by Finnish non-financial corporations in May 2025 totalled EUR 2,4 billion, including EUR 516 million of loans to housing corporations.
The average interest rate on the newly drawn corporate loans declined from April, to 3.68% in May.
At the end of May, the stock of loans granted to Finnish non-financial corporations stood at EUR 107.7 billion, including EUR 45.5 billion of loans to housing corporations.
Meanwhile, at the end of May, the total stock of deposits held by Finnish households was EUR 113.8 billion, and the average interest rate on these deposits was 0.93%.
Overnight deposits accounted for EUR 69.6 billion and deposits with an agreed maturity for EUR 15.1 billion of the total deposit stock. In May, Finnish households made EUR 1.3 billion of new agreements on deposits with an agreed maturity, at an average interest rate of 2.25%.
- Housing loans
- Drawdowns
- Rise
- May
Source: www.dailyfinland.fi
