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Prestações da casa nos empréstimos com Euribor descem até 130 euros em novembro

Home loan installments with Euribor decrease up to 130 euros in November.

Check the values through these simulations.  

08 Nov 20242 min

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November brings relief in house installments for contracts linked to Euribor.

Housing loans with variable interest rates linked to the Euribor for three, six, and 12 months may significantly decrease in November for those with a scheduled review this month, according to simulations by DECO PROteste for Notícias ao Minuto. [Source: Notícias ao Minuto.]

For contracts with six-month Euribor, the expected decrease is about 74.15 euros, while for three-month Euribor, the reduction should be 45.96 euros, considering a financing of 150,000 euros for 30 years and a spread of 1%.

For the 12-month Euribor, the installment is expected to decrease by around 130.30 euros, with the same simulated financing example.

Now see, these were the values of the last reviews according to their respective maturities:

  • Scenario 1 (Average Euribor 6M of 3.838%): €790.45 - May 2024 
  • Scenario 2 (Average 3-month Euribor of 3.685%): 776.60€ - August 2024 
  • Scenario 3 (Average 12M Euribor of 4.160%): 819.96€ - November 2023

And these will be the November installments, according to each average of the Euribor in October:

  • Scenario 1 (Average Euribor 6M of 3.002%): €716.30 
  • Scenario 2 (Average Euribor 3M of 3,167%): 730.64€ 
  • Scenario 3 (Average 12M Euribor of 2.691%): €689.66 

On October 17, the European Central Bank cut interest rates by a quarter of a point for the third time this year, the second consecutive cut, to 3.25%, due to inflation it considers to be "on the right track" and less developed economic activity than expected.

Want to hire a housing credit or lower your installment even more? Contact the credit intermediaries from Poupança no Minuto at https://www.poupancanominuto.com/simuladores?utm_source=poupanca-no-minuto&utm_medium=artigo&utm_campaign=684-poupanca-no-minuto to help you with this financing, at no cost! Simulate now, according to your needs:

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Poupança no Minuto is a brand owned by Financefy, S.A., a linked credit intermediary registered with the Bank of Portugal under number 0006860. Services authorized to provide: Presentation or proposal of credit agreements to consumers. Assistance to consumers, through the performance of preparatory acts or other pre-contractual management work in relation to credit agreements that have not been presented or proposed by the company. Lenders: Bankinter, S.A. - Branch in Portugal, Caixa Geral De Depósitos, S.A., Banco BPIi S.A., Banco Santander Totta, S.A., Abanca Corporación Bancaria, S.A., Branch in Portugal, Banco Ctt, S.A., Novo Banco, S.A., Cofidis, BNP Paribas Personal Finance, S.A. - Branch in Portugal, Real Estate Credit Union, S.A., Credit Financial Establishment (Sole Proprietorship) - Branch in Portugal, Bni - International Business Bank (Europe), S.A., Banco Bic Português, Sa, Unicre - Credit Financial Institution, S.A.