# Household effective interest cost on total loans

Statistics Canada's quarterly interest expense on Household sector total loans divided by the outstanding interest-bearing loan balance, expressed as a percentage. This published series is unadjusted at quarterly rates.

## Key facts

- Published for 1 places, with figures from Q1 1990 to Q2 2026.
- Figures last updated on 2026-10-12.

- Indicator id: `household_effective_interest_cost_total`
- Unit: %
- Note: The Household sector includes unincorporated enterprises operated by households and excludes NPISH. The measure reflects interest paid on new and existing borrowing; it is not an annualized loan quote or an APR.
- Web page: https://invokely.ai/en/household-effective-interest-cost-total-loans
- API: https://invokely.ai/api/v1/indicators/household_effective_interest_cost_total