In March 2017
Implicit interest rate in housing credit in the Autonomous Region of Madeira decreased while the loan repayments remains unchanged
In March 2017, the implicit interest rate in housing credit in the Region was 0.958%, decreasing by 0.003 percentage points (p.p.) from the previous month.
The average value of loan repayments remained at €254 in the month of reference, with the interest component stood at €45 (down by €1 from the previous month) and the capital amortisation increased to €209 (up by €1 from the previous month).
The average outstanding loan value in housing credit in the Autonomous Region of Madeira decreased to €56,847 (€57,009 in the previous month).
In Portugal, the implicit interest rate in housing credit stood at 1.016% (1.018% in February 2017) and the average value of loan repayments was 237€ (same value as in the prior month).
