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Average value of loan repayments increased 35.4% to 352 euros
Interest rates implied in housing loans
Average value of loan repayments increased 35.4% to 352 euros - May 2023
16 June 2023

Summary

The implicit interest rate for all housing loan agreements increased from 3.110% in April to 3.398% in May, the highest value since June 2009. For the contracts that were closed in the previous three months, the interest rate increased from 3.675% to 3.882%. The average value of owed capital increased 197 Euros, reaching 63,169 Euros. The average value of loan repayments increased 11 euros to 352 Euros, an increase of 92 euros compared to the value observed in May 2022 (35.4% more). In the contracts celebrated in the last 3 months, the average value of loan repayments increased 1 euro to 591 euros (51,2% higher than the same month of the previous year).


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