In July 2018
Implicit interest rate in housing credit and loan repayments increased in the Autonomous Region of Madeira
In July 2018, the implicit interest rate in housing credit in the Region was 0.977%, increasing by 0.003 percentage points (p.p.) from the previous month.
The average value of loan repayments increased to €269 in the month of reference, with the interest component standing at €48 (same value as in the previous month) and the capital amortisation at €221 (up by €1 from the previous month).
The average outstanding loan value in housing credit in the Autonomous Region of Madeira decreased to €58,456 (€58,589 in the previous month).
In Portugal, the implicit interest rate in housing credit stood at 1.038%, and the average value of loan repayments was 242€ (241€ in June 2018).