Monthly payment rises by 70 euros in a 150,000 euro contract to be reviewed in SeptemberPhoto by Lukasz Radziejewski on Pexels
Business

Monthly payment rises by 70 euros in a 150,000 euro contract to be reviewed in September

Público29 August 2026 at 06:08

Since the beginning of the Iran conflict, interest rates used in mortgage lending have already risen between 0.5 and 0.7 percentage points. This increase reflects the rise in geopolitical instability and its impact on financial markets.

A 150,000 euro mortgage contract will see its monthly payment increase by 70 euros. This review is scheduled for September, when borrowers will concretely feel the weight of this increase in their payments.

The upward trend in interest rates may worsen in the coming months. Analysts warn that consumers should prepare for even higher costs with mortgage lending.

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