“Mortgage renegotiation, monetary gains and financial literacy: A dataset of Chilean households”

Abstract

This article provides data on the Mortgage Renegotiation behavior of a sample of Chilean households, plus estimates of the Present Value of the gains of mortgage refinancing and the number of past months in which it was optimal to make a refinancing choice. Furthermore, I impute the value of the Financial Literacy index of each household, according to the OCDE-INFE methodology. This data is useful for academics, policy makers and business analysts interested in the relationship between mortgage refinancing and financial literacy.

Keywords

• Household finance
• Mortgage refinancing
• Financial portability
• Financial literacy