In May 2026
Implicit interest rate on housing loans in the Region decreased again

According to data released by Statistics Portugal (INE), in May 2026, the implicit interest rate on housing loan agreements in the Autonomous Region of Madeira (ARM) stood at 3.121%, representing a decrease of 0.004 percentage points compared to the previous month. It is worth noting that in May 2025, the implicit interest rate was 3.634%.

The average value of loan repayments for all housing loan agreements decreased by 1 euro compared to the previous month, settling at 399 euros. Of this amount, 186 euros corresponded to interest payments (up 1 euro from the previous month), while capital amortisation declined to 213 euros (a decrease of 2 euros compared to April 2025). In the same month of the previous year, the average value of loan repayment was the same (399 euros).

Meanwhile, the average outstanding amount for housing loan agreements increased, reaching 72 356 euros in May 2026 (71 841 euros in April 2026). A year earlier, the figure stood at 68 023 euros.

At the national level, and across all housing loan agreements, the implicit interest rate stood at 3.065%, 0.012 pp lower than in the previous month. The average value of loan repayments for all housing loan agreements rose to 405 euros, with the average outstanding amount growing to 78 257 euros (77 614 euros in the preceding month). Nationwide, interest rates increased by 1 euro compared to the previous month, to 198 euros, whereas capital amortisation maintained unchanged in 207 euros.  

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