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In November 2018

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

In November 2018, the implicit interest rate in housing credit in the Region was 1.000%, decreasing by 0.001 percentage points (p.p.) from the previous month.

The average value of loan repayments increased to €271 in the month of reference, with the interest component standing at €49 (up by 1€ from October 2018) and the capital amortisation at €222 (1€ increase from the previous month).

The average outstanding loan value in housing credit in the Autonomous Region of Madeira rose to €58,199 (€58,181 in the previous month).

In Portugal, the implicit interest rate in housing credit stood at 1.049% and the average value of loan repayments was 243€ (same value as in October 2018). The average outstanding loan value for Portugal increased from €52,160 in October to €52,352 in November 2018.

GR CrediHabita112018 EN

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