The implicit interest rate for all housing loan agreements decreased from 0.918% in November to 0.897% in December. For the contracts that were closed in the previous three months, the interest rate decreased from 0.857% to 0.790%. The average value of owed capital increased 172 Euros, reaching 55,087 Euros. The average value of loan repayments decreased 1 euro to 227 Euros.
In 2020, the average annual interest rate for total mortgage loans was 0.957%, down by 10.3 basis points from the previous year. When compared with 2019, the average mortgage owed capital rose 1,300 Euros to 55,340 Euros in 2020. The average value of loans repayments decreased 5.4% (13 Euros) to 233 Euros.