Tuesday 3 February 2009

Euribor 3/2/2009, forecast for today of february average: 2,236

Oficial value of today 3/2/09: 2,246
Hypothetic projected value: 2,236 (reliability: 10%)

(Date format: d/m/yyyy)
<__date__interest>
2/2/2009 2,2590 -0,0140 -> Reduction compared prev. day:-0,616%
3/2/2009 2,2460 -0,0130 -> Reduction compared yesterday:-0,575%
4/2/2009 2,2448 Theorical expected value
5/2/2009 2,2436 Theorical expected value
6/2/2009 2,2424 Theorical expected value
9/2/2009 2,2412 Theorical expected value
10/2/2009 2,2400 Theorical expected value
11/2/2009 2,2388 Theorical expected value
12/2/2009 2,2376 Theorical expected value
13/2/2009 2,2364 Theorical expected value
16/2/2009 2,2352 Theorical expected value
17/2/2009 2,2340 Theorical expected value
18/2/2009 2,2328 Theorical expected value
19/2/2009 2,2316 Theorical expected value
20/2/2009 2,2304 Theorical expected value
23/2/2009 2,2292 Theorical expected value
24/2/2009 2,2280 Theorical expected value
25/2/2009 2,2268 Theorical expected value
26/2/2009 2,2256 Theorical expected value
27/2/2009 2,2244 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: 733,50€ (-22,77%, compared one year ago)
Compared one year ago the expected monthly savings will be: 216€, and the expected yearly savings will be: 2595€

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

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