In July 2017
Implicit interest rate in housing credit in the Autonomous Region of Madeira increased while the loan repayments remains unchanged
In July 2017, the implicit interest rate in housing credit in the Region was 0.968%, increasing by 0.001 percentage points (p.p.) from the previous month. The average value of loan repayments remains unchanged at €269 in the month of reference, with the interest component standing at €48 and the capital amortisation at €221 (same values as in the previous month).
The average outstanding loan value in housing credit in the Autonomous Region of Madeira decreased to €59,343 (€59,515 in the previous month).
In Portugal, the implicit interest rate in housing credit stood at 1.009% (1.007% in June 2017) and the average value of loan repayments was 238€ (up by €1 from the previous month).
