SYNTHESIS INE@COVID-19, 6 Jan-2021

January . 06 . 2021 SYNTH SIS IN @ COVID-19 www.ine.pt page 9/12 Communication Unit | tel: +351 21 842 61 10 | sci@ine.pt Interest rates implicit in housing loans decreased. Owed capital and monthly loan repayments increased In November 2020, the interest rate implicit in all housing loan contracts was 0.918% (0.932% in October). In the last three months, the interest rate fell to 0.857% (0.914% in October). 0.918% 0.850% 0.900% 0.950% 1.000% 1.050% 1.100% Nov-17 Feb-18 May-18 Aug-18 Nov-18 Feb-19 May-19 Aug-19 Nov-19 Feb-20 May-20 Aug-20 Nov-20 Implicit interest rates in housing loans In November, the average owed capital for all contracts rose by EUR 270 compared with the previous month, to EUR 54,915. The average loan repayment rose by EUR 1 to EUR 228. Average owed capital Nov-17 Feb-18 May-18 Aug-18 Nov-18 Feb-19 May-19 Aug-19 Nov-19 Feb-20 May-20 Aug-20 Nov-20 54,915 € 50,000 € 51,000 € 52,000 € 53,000 € 54,000 € 55,000 € 56,000 € The interest rate implicit in housing loans for housing purchase contracts fell in October to 0.937% (0.951% in the previous month). For contracts signed in the last 3 months, this interest rate was 0.855% (0.911% in October). More information available at: Interest rates implicit in housing loans - November 2020 (22 December 2020)