In October 2018

Implicit interest rate in housing credit and loan repayments increased in the Autonomous Region of Madeira

In October 2018, the implicit interest rate in housing credit in the Region was 1.001%, increasing by 0.009 percentage points (p.p.) from the previous month.

The average value of loan repayments remained at €269 in the month of reference, with the interest component standing at €48 (same values as in the previous month) and the capital amortisation at €221 (up by 1€ from the previous month).

The average outstanding loan value in housing credit in the Autonomous Region of Madeira decreased to €58,181 (€58,235 in the previous month).

In Portugal, the implicit interest rate in housing credit stood at 1.051%, and the average value of loan repayments was 243€ (242€ in September 2018). The average outstanding loan value for Portugal dropped from €52,173 in September to €52,160 in October 2018.

GR CrediHabita out 2018 EN