Tiphaine Dubuard / Photo credits: Magali Cohen / Hans Lucas / Hans Lucas via AFP 07:13, February 20, 2024, modified at 07:21, February 20, 2024

While the average borrowing rate remains above 4% in France, Europe 1 exclusively publishes the figures compiled by Meilleurtaux.com for the year 2023 which provide the profile of the French borrower. Surprisingly, the vast majority are first-time buyers.

Average age and income, median contribution or even purchasing region... Europe 1 exclusively reveals the profile of the French borrower based on data compiled by the online comparator Meilleurtaux.com. First thing to know, in almost three out of four purchases, the borrower is a first-time buyer.

Family solidarity

With an average age of 37, he is most often in a relationship. To buy, he was able to count on the support of his loved ones according to Maël Bernier, spokesperson for Meilleurtaux.com. "In many cases, these young first-time buyers still had a return to family solidarity, that is to say that their elders certainly lent them money or made a donation so that they could buy, so that they can take the plunge,” explains the spokesperson.


 17.2 billion euros withdrawn from French current accounts in 2023, a phenomenon accelerated by inflation

In France, a parent can give their child 100,000 euros every 15 years, without the child being subject to gift tax to pay. Grandparents can transmit 31,865 euros per child, every 15 years. 

Disparities between regions

Due to high rates, the median contribution jumped last year, going from less than 20,000 euros to 27,500 euros, an increase of 40%. But this contribution varies very significantly depending on the region. It is around 15,000 euros in the Grand Est while it exceeds 50,000 euros in the Ile-de-France region. Similarly, average loan sizes are doubling between some regions. This is the case for example between Centre-Val de Loire with 160,942 euros and Ile-de-France with 324,623 euros.