taxa de esforço
Published 8 November 2026, 22:44
taxa de esforço
The share of a household's income that goes on loan repayments. The bank calculates it from net monthly income: the higher it is, the lower your chances of getting a mortgage. Analysts and the press sometimes work it out differently — from the average house price and the average wage in the municipality — and that figure has nothing to do with your own contract.
Where you come across it. A mortgage application, working out repayments, articles on housing affordability.
Banco de Portugal regards 45% of net income as the maximum burden and 30–35% as healthy. Count all your loans together, not just the mortgage.