Thursday 5 February 2009

Euribor 5/2/2009, forecast for today of february average: 2,220

Oficial value of today 5/2/09: 2,223
Hypothetic projected value: 2,220 (reliability: 20%)

(Date format: d/m/yy)
<__date__interest>
2/2/09 2,2590 -0,0140 -> Reduction compared prev. day:-0,616%
3/2/09 2,2460 -0,0130 -> Reduction compared prev. day:-0,575%
4/2/09 2,2360 -0,0100 -> Reduction compared prev. day:-0,445%
5/2/09 2,2230 -0,0130 -> Reduction compared prev. day:-0,581%
6/2/09 2,2220 Theorical expected value
9/2/09 2,2210 Theorical expected value
10/2/09 2,2200 Theorical expected value
11/2/09 2,2190 Theorical expected value
12/2/09 2,2180 Theorical expected value
13/2/09 2,2170 Theorical expected value
16/2/09 2,2160 Theorical expected value
17/2/09 2,2150 Theorical expected value
18/2/09 2,2140 Theorical expected value
19/2/09 2,2130 Theorical expected value
20/2/09 2,2120 Theorical expected value
23/2/09 2,2110 Theorical expected value
24/2/09 2,2100 Theorical expected value
25/2/09 2,2090 Theorical expected value
26/2/09 2,2080 Theorical expected value
27/2/09 2,2070 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: 731,98€ (-22,93% compared one year ago)

Compared one year ago:

Expected monthly savings will be.: 218 €
Expected Yearly savings will be.: 2613 €

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

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