House rents paid to the bank will fall across the board in May, with the biggest declines occurring where indexation is based on the six-month Euribor rate, according to Decor/Money and rights.
For the first time in about two years, there has been a reduction in installments for loans using the 12-month index, while for contracts indexed to Euribor for six and three months, this will be the fourth month with a reduction in installments.
According to calculations by Deco/Dinheiro&Direitos for Lusa, a loan of 150 thousand euros for a period of 30 years, indexed to the six-month Euribor and with a “spread” (bank profit margin) of 1%, will allow the payment of 790.45 euros from May. , which means 25.36 euros less than in November.
As for loans indexed to three-month Euribor, the payment for a house – under the same conditions – is reduced to 794.72 euros, that is, 3.65 euros less. In contracts indexed to the 12-month Euribor rate reviewed in May, the premium is reduced by 4.87 euros to 778.23 euros.
Author: Miguel Alexander Gagnan([email protected])
Source: CM Jornal
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