In April 2016

Implicit interest rate in housing credit decreased and loan repayments remained unchanged from the previous month

In April 2016, the implicit interest rate in housing credit in the Region was 1.099%, decreasing by 0.03 percentage points (p.p.) from the previous month.

The average value of loan repayments remained unchanged at €270 when compared to March 2016. The interest component stood at  €55 and the capital component at €215.

The average outstanding loan value in housing credit in the Autonomous Region of Madeira was €59,714.

In Portugal, the implicit interest rate in housing credit stood at 1.132% and the average value of loan repayments was 238€.

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