In an analysis, Bank360.hu said this can be explained by the fact that a 20-year loan of HUF 20 million can now be taken out with a repayment of HUF 178,000, while three years ago, it was only HUF 116,000.

The average loan cost index of home loans has been above 10% for quite some time, and the APRs of the cheapest loans are barely below that, it added.