In December 2016,
Implicit interest rate in housing credit in the Autonomous Region of Madeira decreased while the loan repayments increased
In December 2016, the implicit interest rate in housing credit in the Region was 0.966%, decreasing by 0.007 percentage points (p.p.) from the previous month.
The average value of loan repayments rose to €255 in the month of reference, with the interest component standing at €46 (same value in the November 2016) and the capital component at €209 (up by €1 from the previous month).
The average outstanding loan value in housing credit in the Autonomous Region of Madeira decreased to €57,070 (€57,205 in the previous month).
In Portugal, the implicit interest rate in housing credit stood at 1.028% (1.032% in November 2016) and the average value of loan repayments was 237€ (same value as in the prior month).
