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Housing loan. November brings another increase in the payment to the bank, and it will not be the last



Home loan: Interest rates have already risen more than in the 2008 crisis See how far they can go

If your contract is renegotiated this month, be prepared to increase your payment to the bank. Check the simulations and find your case

Inflation continues to rise in Portugal and the euro area. In October, it exceeded 10% compared to the same month last year. To try to stop this growth, which at the moment seems endless, also in October, the European Central Bank (ECB) raised interest rates again and set its main rate at 2%. Three months ago, the same rate was 0%.

The story is not new. This is repeated month after month. Prices are rising, interest rates are rising. And the markets anticipate this trend.

Not surprisingly, Euribor rates rose again in October compared to the previous month. Since the beginning of the year, the story has always been like this, and while the three-month Euribor has already risen by almost two percentage points, the six-month Euribor, most used in home loans in Portugal, has already increased by more than 2.5 percentage points. The same 12-month rate has increased by more than three percentage points since January.

The result is a huge increase in the payments that Portuguese people who have mortgages have to pay to the bank each month. This month will be no exception and anyone whose contract is renegotiated in November will feel the same way.

The increase can range from just under €30 per month to over €230. It all depends on the amount of capital due and the index used. But I’m sure there will be ups and downs.

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How much will mortgage lending grow in November

Loans for 30 years with 1% spread

Loan 25 thousand euros
Euribor 6 months Euribor 12 months
pays 76.98 pays 75.05
go pay 105.36 go pay 114.07
Increase 28.38 Increase


Loan 50 thousand euros
Euribor 6 months Euribor 12 months
pays 153.78 pays 150.1
go pay 210.72 go pay 228.14
Increase 56.94 Increase 78.04
Loan 75 thousand euros
Euribor 6 months Euribor 12 months
pays 230.67 pays 225.15
go pay 316.08 go pay 342.21
Increase 85.41 Increase 117.06
Loan of 100 thousand euros
Euribor 6 months Euribor 12 months
pays 307.55 pays 300.2
go pay 421.44 go pay 456.28
Increase 113.89 Increase 156.08
Loan 125 thousand euros
Euribor 6 months Euribor 12 months
pays 384.44 pays 375.25
go pay 526.8 go pay 570.35
Increase 142.36 Increase 195.1
Loan of 150 thousand euros
Euribor 6 months Euribor 12 months
pays 461.33 pays 450.3
go pay 632.16 go pay 684.41
Increase 170.83 Increase 234.11

The promotion doesn’t end in November

And it’s safe to say that October’s Euribor hike will not be the last, as the European Central Bank has already guaranteed that it will keep raising its interest rates. In fact, a new meeting will be held in December to make decisions on monetary policy, which in practice means a new increase in the interest rate.

Until then, it is not surprising that the Euribor rates are following the movement, which leads to a new increase in average rates and a new increase in the payment payable to the bank for mortgage holders whose contracts are renegotiated in the last month of the year.

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Everything has been delivered. 10 Bugatti Centodieci are already in the hands of the owners



Everything has been delivered.  10 Bugatti Centodieci are already in the hands of the owners

OAll Bugatti Centodieci have been delivered, the Molsheim-based brand said on Monday. Cristiano Ronaldo received the number 07 in October this year. and Bugatti has now revealed that the latest unit – #10 – is already in the possession of its owner.

“The Centodieci combines all the values ​​of the Bugatti brand in an extraordinary package: rarity, innovation, heritage, craftsmanship and unrivaled performance. The production batch of 10 units was so in demand by our customers that it was sold before the Centodieci. was even officially presented,” said Christophe Piochon, president of Bugatti.

This latest example is finished in Quartz White with carbon fiber trim on the bottom and matte grilles. The brake calipers are painted in Light Blue Sport, as is the logo on the rear that refers to the EB110, the iconic Bugatti model that inspired this Centodieci. Inside, the predominant color is also blue, as you can see in the images above.

This block is powered by the same block as the other nine instances. The 8.0-liter W16 with four turbines is capable of developing 1600 hp. In terms of performance, this allows the Centodieci to hit 100 km/h in just 2.4 seconds and reach a top speed of 380 km/h.

Recall that each unit costs the owners eight million euros before taxes.

Read also: We already know when the Bugatti Centodieci fell into the hands of Ronaldo.

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The first Dacia hybrid. “The cheapest hybrid family on the market”



The first Dacia hybrid.  "The cheapest hybrid family on the market"

BUT Dacia revealed this Monday that the hybrid engine has been available since March on the Jogger, the Romanian brand’s model known to be available with a seven-seat variant.

The Jogger Hybrid 140, Dacia’s first hybrid, will hit dealerships in March, but customers can expect and order it as early as January.

The price has been revealed by Dacia and since it’s only available in the seven-seater SL Extreme, it starts at €28,800. The brand claims it is “the most affordable hybrid family car on the market.”

Available in six existing colors to celebrate the launch of this hybrid, there will be a slate gray version, as you can see in the images above.

Equipped with a 1.6 liter four-cylinder petrol engine with 90 hp, the Jogger is also powered by two electric motors (a 50 hp engine and a high-voltage starter-generator). The total power is 140 horsepower. The electric transmission is automatic, four-speed, connected to an internal combustion engine, and two speeds are connected to an electric motor. This combined technology was possible, according to Dacia, only due to the lack of clutch.

Combined with the energy recovery levels of the 1.2kWh (230V) battery pack and the efficiency of the automatic transmission, regenerative braking delivers all-electric traction on 80% of urban journeys and saves up to 40% of fuel compared to a combustion engine vehicle.

Read also: Dual-fuel Dacia Jogger Eco-G. We tried 5 seater and LPG…

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See how Tesla tests its electric Semi truck in the worst-case scenarios



Tesla Semi camião elétrico testes

Tesla has finally been able to bring its long-awaited Semi to market. This electric truck promises to revolutionize transportation and bring all the unique characteristics of this type of electric vehicle to this class of vehicles.

Now that the first units have been delivered, there is hope that they will finally be mass-produced and reach more transport companies. With so many promises to be kept, a new video is now emerging showing Tesla testing its Semi truck under worst-case scenarios.

Tesla Semi is already on the market

Like all Tesla electric vehicles, Semi follows the same line of creating a unique design associated with a platform with the most modern technology available. The proof is in what was presented to the public and surprised most people.

To prove the quality of this new proposal, Tesla published in your LinkedIn account new video. In it, he reveals some of the testing he's done to determine the strength and quality of the Semi's design and its (potential) durability.

Tests to prove its durability

It has been revealed that the Tesla electric truck is subjected to numerous tests and its application in the worst scenarios that drivers may face. It doesn't stop at the ruggedness of the Semi's designs, but goes further and focuses on the motors and batteries themselves.

This is the proof that many have been waiting for to ensure that this new proposal is not limited to a lot of autonomy. Its resistance is great and will provide greater durability, further enhancing the Semi's value and performance.

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high quality electric truck

Tesla has already showcased the Semi's quality with a video showing its truck driving roughly 500 miles on just one charge. The big news here is that he managed to make this long journey with a maximum load of about 37 tons.

Now Tesla remains to widely place the Semi on the market. At the moment, only a few companies have access to this new product, with a very long list of pending deliveries, who want to start mass-using this electric truck offering.

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