The implicit interest rate for all housing loan agreements decreased from 1.017% in November to 1.011% in December. For the contracts that were closed in the previous three months, the interest rate diminished from 1.086% to 1.065%. The average value of owed capital increased 34 Euros, reaching 53,460 Euros. The average value of loan repayments increased 2 Euros to 248 Euros.
In 2019, the average annual interest rate for total mortgage loans was 1.060%, up by 2.5 basis points from the previous year. When compared with 2018, the average mortgage owed capital rose 943 Euros to 52,940 Euros in 2019. The average value of loans repayments increased 2.0% (5 Euros) to 246 Euros.