In January 2017

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

In January 2017, the implicit interest rate in housing credit in the Region was 0.965%, decreasing by 0.001 percentage points (p.p.) from the previous month.

The average value of loan repayments remained in €255 in the month of reference, with the interest component stood at €46 and the capital component at €209 (same values in the December 2016).

The average outstanding loan value in housing credit in the Autonomous Region of Madeira decreased to €56,976 (€57,070 in the previous month).

In Portugal, the implicit interest rate in housing credit stood at 1.025% (1.028% in December 2016) and the average value of loan repayments was 237€ (same value as in the prior month).

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