In August 2016
Implicit interest rate in housing credit and loan repayments maintained downward trend in the Autonomous Region of Madeira
In August 2016, the implicit interest rate in housing credit in the Region was 1.015%, decreasing by 0.014 percentage points (p.p.) from the previous month.
The average value of loan repayments remained unchanged at €267 in the month of reference, with the interest component standing at €50 (down by €1 from the previous month) and the capital component at €217 (up by €1 from July 2016).
The average outstanding loan value in housing credit in the Autonomous Region of Madeira decreased to €59,149 (€59,223 in the previous month).
In Portugal, the implicit interest rate in housing credit stood at 1.059% (1.066% in July 2016) and the average value of loan repayments was 238€.
