In September 2018

Implicit interest rate in housing credit increased and loan repayments remaind unchanged in the Autonomous Region of Madeira

In September 2018, the implicit interest rate in housing credit in the Region was 0.992%, increasing by 0.013 percentage points (p.p.) from the previous month.

The average value of loan repayments remained at €268 in the month of reference, with the interest component standing at €48 and the capital amortisation at €220 (same values as in the previous month).

The average outstanding loan value in housing credit in the Autonomous Region of Madeira decreased to €58,235 (€58,343 in the previous month).

In Portugal, the implicit interest rate in housing credit stood at 1.043%, and the average value of loan repayments was 242€ (same value as in August).

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