l0grisk intelligence · english

// definition

Interest subsidy

Third-party contribution to loan interest

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Macro & central banks

Short definition

Support under which a third party, such as the public budget, pays part of the interest on an eligible loan. Borrower costs fall according to the scheme’s base, rate and duration, while principal remains repayable. Support can decline with outstanding principal and end before the loan does.

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Knowledge map

Intuition

The lender receives contractual interest, shared between the household and the budget under the programme’s terms.

Formula

illustrative monthly support = eligible opening principal × annual subsidy rate / 12