The implicit interest rate for housing loans in the Autonomous Region of Madeira (RAM) saw an increase in August 2026, reaching 3.246%. This figure represents a rise of 0.038 percentage points compared to the previous month, according to data released by the National Institute of Statistics (INE) and DREM.
Despite this monthly increase, the interest rate in August 2026 remains below the value observed in the same month of the previous year, when it stood at 3.338%. The rise in August was reflected in the average housing loan payments in Madeira, which increased by 3 euros from the previous month, totaling 411 euros.
The increase in the payment was solely due to the interest component, which grew by 3 euros to 196 euros, while the capital repayment portion remained unchanged. Year-on-year, the average payment is now 17 euros higher than in August 2025 (394 euros).
Nationally, the implicit interest rate for housing loans was 3.162% in August, with a lower monthly increase than in Madeira. RAM presents an interest rate 0.084 percentage points above the national average, but the average Madeiran payment (411 euros) remains below the national average (418 euros), due to the lower average capital outstanding in the region.
