Mortgage
Guides to home loans in Portugal: Euribor, the payment and what drives the cost.
What is Euribor?
What Euribor is, who sets it, the maturities (3, 6 and 12 months) and how, added to the spread, it sets your Portuguese mortgage payment, with an example.
4 min readWhat is the taxa de esforço (debt-to-income ratio)?
What the taxa de esforço (debt-to-income ratio) is, how to work it out, the recommended ~35% level, the 50% bank limit and how to lower it, with an example.
4 min readWhat is the TAEG (APRC)?
What the TAEG (Portugal's APRC) is, how it differs from the TAN, how it is calculated, what the MTIC is and why it always exceeds the TAN, with a calculator.
3 min readIs it worth paying off your mortgage early?
Is it worth repaying your mortgage early in Portugal? How early repayment works, how much interest you save, the fee, and term vs payment, with an example.
3 min read
The content is educational and does not constitute financial advice.