Monthly mortgage payments will increase in March for loans indexed to the six‑month Euribor and fall for contracts tied to the three‑ and twelve‑month rates, Deco Proteste simulations show. For a €150,000, 30‑year loan with a 1% spread, a contract linked to the 12‑month Euribor would see a payment drop of about €15.38 in March compared with the prior review. Borrowers with variable‑rate mortgages should check their review schedules, ask lenders how the indexation will affect instalments, and consider repayment or refinancing options if needed. Those with outstanding loans should contact their bank or broker ahead of March adjustments.
Mortgage payments rise for six‑month Euribor loans
Friday, 27 February 2026AI summary
Context & Explainers
Euribor (Euro Interbank Offered Rate) is the benchmark interest rate at which European banks lend to one another and is widely used as the reference for variable‑rate mortgages in Portugal. Changes affect monthly payments directly: the recent figures reported were 2.034% (3‑month), 2.104% (6‑month) and 2.255% (12‑month), so a rising Euribor typically increases costs for borrowers with tracker or variable loans.
Deco Proteste is a Portuguese consumer-protection organisation that offers advice, product testing, dispute mediation and information on billing, insurance and consumer rights. Today it set up a telephone helpline to help people affected by severe weather with payment moratoria, insurance claims, housing damage and billing adjustments; services are mainly in Portuguese and some help may be reserved for members, so callers should have policy numbers, photos and receipts ready.
