Friday, 6 February 2009

Euribor 6/2/2009, forecast for today of february average: 2,209

Oficial value of today 6/2/09: 2,209
Hypothetic projected value: 2,209 (reliability: 25%)

(Date format: d/m/yy)
<__date__interest>
02/2/09 2,2590 -0,0140 -> Reduction compared prev. day:-0,616%
03/2/09 2,2460 -0,0130 -> Reduction compared prev. day:-0,575%
04/2/09 2,2360 -0,0100 -> Reduction compared prev. day:-0,445%
05/2/09 2,2230 -0,0130 -> Reduction compared prev. day:-0,581%
06/2/09 2,2090 -0,0140 -> Reduction compared prev. day:-0,630%
09/2/09 2,2080 Theorical expected value
10/2/09 2,2070 Theorical expected value
11/2/09 2,2060 Theorical expected value
12/2/09 2,2050 Theorical expected value
13/2/09 2,2040 Theorical expected value
16/2/09 2,2030 Theorical expected value
17/2/09 2,2020 Theorical expected value
18/2/09 2,2010 Theorical expected value
19/2/09 2,2000 Theorical expected value
20/2/09 2,1990 Theorical expected value
23/2/09 2,1980 Theorical expected value
24/2/09 2,1970 Theorical expected value
25/2/09 2,1960 Theorical expected value
26/2/09 2,1950 Theorical expected value
27/2/09 2,1940 Theorical expected value

This is an example with the interest rate showed above:
A mortgage of 180.000 €.
Quantity added by the bank to the official interest rate: + 0,5
Mortgage years: 30.
The monthly payment will be: 730,93€ (-23,04% compared one year ago)

Compared one year ago:
Expected monthly savings will be.: 219 €
Expected Yearly savings will be.: 2625 €

(The monthly payments are calculated using the french metod type)

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