Statistics Portugal - Web Portal
Official Portal - Statistics Portugal
      
 

Interest rate decreased for the fifth month in a row, to 4.513%
Interest rates implied in housing loans
Interest rate decreased for the fifth month in a row, to 4.513% - June 2024
19 July 2024

Summary

The implicit interest rate for all housing loan agreements decreased for the fifth month in a row, from 4.556% in May to 4.513% in June. For the contracts that were closed in the previous three months, the interest rate decreased for the eighth consecutive month, from 3.845% to 3.729%. The average value of owed capital increased 355 Euros, reaching 66,279 Euros. The average value of loan repayments stood at 404 euros, the same amount as in the previous month, an increase of 43 euros compared to the value observed in June 2023 (11.9% more). In the last month, interest represented 61% of the average repayments, which compares with 53% one year before. In the contracts celebrated in the last 3 months, the average value of loan repayments decreased 6 euros to 597 euros (2.0% less than in the same month of the previous year).


Press release
Download the document PDF (288 Kb)
Tables
Excel Excel (21 Kb)
ZIP CSV (3 Kb)