<instructions>Your goal is to analyze the following comment and estimate how highly it will be upvoted by the Hacker News community.</instructions><comment><author>Hamuko</author><text>In Finland we apparently used to have mortgages that were just Euribor + bank margin, meaning that if the Euribor rate went enough into the negative, the bank would be paying you interest.&lt;p&gt;These days mortgages are capped though. My mortgage rate is MAX(Euribor 12m, 0%) + 0.5%. Unsurprisingly I have never paid more than 0.5% interest.</text><parent_chain><item><author>sharpneli</author><text>Do the mortgages also have a negative interest rate or are they cappoed at 0?</text></item><item><author>m00dy</author><text>If you are a foreigner living in Denmark, it is really hard to get mortgage loans due to unexplainable risks. (e.g. They don&amp;#x27;t tell you why you are in a risk group. )&lt;p&gt;Anyway, the maximum amount of deposits is now around 4 months of wage. So, I hardly see the necessity to have a bank account or banking infrastructure.&lt;p&gt;I wish I could join &amp;quot;We don&amp;#x27;t need banks anymore&amp;quot; motto. But now, It looks like It is becoming a reality.</text></item></parent_chain></comment><story><title>Negative interest: Danske Bank changes threshold for personal customers</title><url>https://danskebank.com/news-and-insights/news-archive/press-releases/2021/pr26042021</url></story>
<instructions>Your goal is to analyze the following comment and estimate how highly it will be upvoted by the Hacker News community.</instructions><comment><author>jopsen</author><text>I was looking at mortgage for a house, paying 30% upfront, so I would only need to borrow 500k USD.&lt;p&gt;At fixed rate 30yr, it was 1% + some fees.. so total cost of the loan over 30 years would be 35k USD.&lt;p&gt;The flex interest rate (adjusted every 5 years) was a current rate -0.25 + fees. In total that would cost around 10k USD over 30 years.
(Of course with flexible interest rates, the rates could go up).&lt;p&gt;So I think most of the cost is now just fees... Looking at owning vs. renting it&amp;#x27;s quite competitive.</text><parent_chain><item><author>sharpneli</author><text>Do the mortgages also have a negative interest rate or are they cappoed at 0?</text></item><item><author>m00dy</author><text>If you are a foreigner living in Denmark, it is really hard to get mortgage loans due to unexplainable risks. (e.g. They don&amp;#x27;t tell you why you are in a risk group. )&lt;p&gt;Anyway, the maximum amount of deposits is now around 4 months of wage. So, I hardly see the necessity to have a bank account or banking infrastructure.&lt;p&gt;I wish I could join &amp;quot;We don&amp;#x27;t need banks anymore&amp;quot; motto. But now, It looks like It is becoming a reality.</text></item></parent_chain></comment><story><title>Negative interest: Danske Bank changes threshold for personal customers</title><url>https://danskebank.com/news-and-insights/news-archive/press-releases/2021/pr26042021</url></story>