tableaupublic            



Official Statistics Website                             

Menu

tableaupublic            

Newsletters

Subscribe to our newsletter and get statistical data as soon as it is available!...

In May 2022

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

According to information made available by Statistics Portugal (INE) in May 2022, the implicit interest rate on housing credit in the Autonomous Region of Madeira was 0.782%, increasing by 0.022 percentage points (pp) from the previous month. In May 2021, the implicit interest rate was 0.714%.

The average value of loan repayments for all housing credit contracts rose to 272 euros in the month of reference, with the interest set at 39 euros and the capital amortisation at 233 euros (both up by 1 euro from the previous month). In May 2021, a month in which the moratorium on the responsibilities of households with mortgage loans was in place, the average value of loan repayments was just 235 euros.  

In turn, the average outstanding loan value for housing credit contracts rose to 60,281 euros (59,954 euros in April 2022). A year earlier it stood at 57,597 euros. 

In Portugal, and all housing credit contracts, the implicit interest rate rose to 0.826%, up by 0.021 pp over the previous month. The average value of loan repayments increased by 260 euros. The average outstanding loan value grew from 59,242 euros, in April 2022, to 59,614 euros, in May 2022.

Credito Habitacao EN novo

For more information, please click on:

International Statistical Cooperation

MAC14 20

International Statistical Cooperation

MAC14 20

Statistical Literacy

formation3

Statistical Literacy

formation3
Go to top