In September 2016
Implicit interest rate in housing credit and loan repayments maintained downward trend in the Autonomous Region of Madeira
In September 2016, the implicit interest rate in housing credit in the Region was 1.003%, decreasing by 0.012 percentage points (p.p.) from the previous month.
The average value of loan repayments dropped to €266 in the month of reference, with the interest component standing at €49 (down by €1 from the previous month) and the capital component at €217 (same value as in August 2016).
The average outstanding loan value in housing credit in the Autonomous Region of Madeira decreased to €59,035 (€59,149 in the previous month).
In Portugal, the implicit interest rate in housing credit stood at 1.047% (1.059% in August 2016) and the average value of loan repayments was 237€ (down by €1 from the prior month).
