The rise in Euribor rates is causing a “hole” in the budget of many families that have home loans, after about seven years in which very significant savings in interest costs were possible. In this context, the simulation of a loan of 150 thousand euros, for a period of 30 years, associated with 12-month Euribor, and with a spread of 1%, to be contracted or reviewed in November, will suffer an increase in the installment of 51.9% compared to what it paid a year ago.
