Summary of Principal Private Residences
|Accounts|Homes| Arrears
Less than 90 days|45,000|36,000|€73m
90 -360 days|41,000|33,00|€287m
Over 1 year|28,000|22,000|€505m
Over 2 years|29,000|23,000|€1.1 b
Total|770,610|620,000|€2billion
The Central Bank data refers to "mortgage loan accounts". Due to remortgages, there are approximately 5 mortgage accounts for every 4 homes.
Compared to 30 June 2012
|30 June 2013|30 June 2012
In arrears over 90 days|12.7%|10.9%
In arrears less than 90 days|5.8%|5.9%
Successfully restructured|5.5%|5.3%
Not restructured and not in arrears| 76%|77.9%
Unemployment rate | 13.6%|14.9%
Total arrears| €2 billion| €1.4 billion
Putting mortgage arrears in perspective
Total mortgage arrears accumulated since 2006| €2 billion
Total mortgages outstanding |€109 billion
Total mortgages repaid since 2006 - estimate|€15 billion
National Debt increase during the same period - estimate| €150 billion
Cost of Anglo Bailout| €30 billion
Mortgage arrears and other housing needs
Total number of homes in arrears over 90 days|78,000
Total receiving Rent supplement| 96,000
Total in social housing|155,000