Luxdata has a tool that can help homebuyers in Luxembourg estimate what exactly they can afford. Photo: Cedric Letsch/Unsplash

Luxdata has a tool that can help homebuyers in Luxembourg estimate what exactly they can afford. Photo: Cedric Letsch/Unsplash

Luxdata has released a Luxembourg-specific mortgage and purchasing power calculator.

“In Luxembourg, the spectacular rise in real estate prices and the resulting tense situation have drastically altered the purchasing power throughout the country,” according to Steve Albrecht at Luxdata.

“Coupled with rising interest rates, how much can you afford and for how long? Use our simulation tool to find out what your purchasing power is and what monthly payment you can expect.”

Luxdata, a data analytics platform in Luxembourg, has partnered with Delano and Paperjam to produce a series of data dashboards on the grand duchy’s housing market ahead of this year’s elections.