The implicit interest rate for all housing loan agreements decreased from 4.186% in November to 4.091% in December. For the contracts that were closed in the previous three months, the interest rate decreased from 3.423% to 3.349%. The average value of owed capital increased 341 Euros, reaching 68,470 Euros. The average value of loan repayments stood at 403 euros, the same value as in the previous month, an increase of 3 euros compared to the value observed in December 2023 (0.8% more). In the last month, interest represented 57% of the average repayments. In the contracts celebrated in the last 3 months, the average value of loan repayments stood at 632 euros, the same value as in the previous month (2.9% less than in the same month of the previous year).
In 2024, the average annual interest rate for total mortgage loans was 4.372% (3.612% in the previous year). When compared with 2023, the average mortgage owed capital rose 3,049 Euros to 66,508 Euros in 2024. The average value of loans repayments increased 11.5% (42 Euros) to 404 Euros.