It is the 9th time that the average interest rate on new credit contracts has decreased, dropping to 3.68% last June. Check out the statistics, then.
In 2023, it was possible to verify that early refunds and renegotiations significantly increased. According to the Bank of Portugal (BdP), this could be associated with the temporary suspension of fees. Understand better next.
Until the end of the year, no commission is charged for early repayment of the home loan. Learn about the special regime and how much is charged outside of the current regime.
With the rise in interest rates, early repayment of housing credit was a popular option for the Portuguese in 2023 to avoid high interest rates. Check out the numbers.
Home loan renegotiations rise to 8.8 billion euros - a 5 times growth from 2022 to 2023. Understand better what is at stake, in the link below.
Making an early repayment of your mortgage credit can have several purposes. If you have a ready monetary value to invest or want to use your savings to apply to your mortgage credit, consider whether you want to reduce the current installment you pay or the term. Understand better in this article.
Three measures are at stake, now approved by the Council of Ministers, to help Portuguese citizens with their housing credit installments: the reduction and stability of the installment for two years, the extension and simplification of credit bonuses, and the extension of the suspension of amortization commissions. Find out if you are eligible and how to apply.
Paying off your home loan early can be a solution to reduce the monthly installment you pay for this burden. Find out how it works, as well as the advantages and disadvantages.