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🇵🇹Portugal Issue No. 304

September will hit mortgages in Portugal. Monthly payments will increase by 70 euros for loans at the 12-month Eurib rate, according to DECO Proteste. Rates are growing now: in August, the average thr

Simulations about a loan of 150 thousand euros for 30 years show an increase in payments even for rates with a shorter revision period. Experts note that the most massive loans are tied to a six-month rate, but other options will not remain in the positive.

The exact amount depends on the balance of the debt and the spread, but the trend is clear: you will have to pay more.

#portugal #amortgage
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