The age group of young people up to 35 years old has been the one that buys the most houses, justified by the new tax exemption measures associated with the process.
Young people can now apply to access 100% financing when buying a home with a mortgage, through the new public guarantee measure.
The new section "Tips for saving with Gonçalo Malheiro, Financial Educator and creator of digital content related to finance, now explains how to save on buying a home."
The new measure is aimed at young people up to 35 years old and will ensure 15% of the purchase value of the house, up to 450,000 euros. Understand it better and find out when it takes effect.
The request can be made until March this year, and entitles you to a fixed amount of monthly installment in home credit. Learn how it works.
The Tax Authority (AT) has clarified the difference between the tax brackets and IRS withholding tables, so that taxpayers can better understand the tax they contribute to. Also, it is important to remember that in 2024, the bracket limits will be updated.
Questions regarding the fixing of home loan installments through a government measure remain: Will I end up paying more interest if I join? The Bank of Portugal explains that yes. Learn more in this article.
The difficulty in paying for housing by the Portuguese has increased with the context of rising interest rates and inflation that we are going through. In times like these, find out how to lower the installment of your mortgage.
Do you want to fix the installment of your mortgage with the government measure? Your bank may request additional data before sending you the plan. Find out what it is, and if there is another way to fix your installment, then.
The issue arises within the scope of the legislation of the new Government measure to support the Portuguese with their home loans, fixing and lowering the monthly amounts. Find out if you have already been or are currently under the PARI program with your mortgage, you can join the support in question.
It is already possible to join the Government measure to fix and reduce the value of your monthly home payment. Find out if you are eligible and, if you are not, how else you can save on your home loan.
Based on a news article released by Notícias ao Minuto, João Pedro Oliveira e Costa, president of BPI (partner bank of Poupança no Minuto), believes that only families in difficulty should join the fixed monthly installment regime for housing credit - a government support measure. Let's see why.
Do you have a Retirement Savings Plan (PPR) and want to withdraw funds early to pay off your mortgage? This is a process you can go through, but with certain conditions.
With the new measures outlined in the State Budget of 2024, which value the salaries of the Portuguese, how much can we save in total? According to the new changes that strengthen incomes, let's see the savings generated by each one, but also how much you can save if you have a mortgage and transfer it.
The measures announced by the Government to help the Portuguese with their home loans allow to slightly alleviate the amount they pay for the mortgage. But how much? And comparing with a home loan transfer, which option saves more? We explain, through concrete examples, the savings that can be generated by the various options.