Updated on 15 February 2019
Portugal: This product is offered to Portuguese residents only. When clicking on the product link you will be redirected to the product page in Portuguese.
Mortgage loans are secured loans used for real estate financing purposes (for example, purchase of a new or existing property, construction of an own property, property renovation) without paying the entire value up front. A mortgage loan is secured (or backed) by the collateral of specified real estate property.
The table above shows essential details of selected savings accounts products offered to retail customers by the banks in Portugal: currency, borrowing rate per annum, lending amount and mortgage term. The mortgage loans terms vary from 30 to 50 years. The borrowing rates are within the range 1.90 - 6.72 %.