Tuesday 24 February 2009

Euribor 24/2/2009 (at 12 months)

Forecast at 24/2/09 of february average: 2,138
-> Average reliability: 85%.
Oficial value of today 24/2/2009: 2,062

Comment: On top right in the link "Euribor rates (1w.-12m)" you will find the 15 types of Euribor, (updated every day around 14:00 hours).

(Date format: dd/m/yyyy)
<__date__interest>
02/2/2009 2,259 -0,014 -> Reduction compared prev. day:-0,616%
03/2/2009 2,246 -0,013 -> Reduction compared prev. day:-0,575%
04/2/2009 2,236 -0,010 -> Reduction compared prev. day:-0,445%
05/2/2009 2,223 -0,013 -> Reduction compared prev. day:-0,581%
06/2/2009 2,209 -0,014 -> Reduction compared prev. day:-0,630%
09/2/2009 2,192 -0,017 -> Reduction compared prev. day:-0,770%
10/2/2009 2,177 -0,015 -> Reduction compared prev. day:-0,684%
11/2/2009 2,165 -0,012 -> Reduction compared prev. day:-0,551%
12/2/2009 2,146 -0,019 -> Reduction compared prev. day:-0,878%
13/2/2009 2,133 -0,013 -> Reduction compared prev. day:-0,606%
16/2/2009 2,118 -0,015 -> Reduction compared prev. day:-0,703%
17/2/2009 2,096 -0,022 -> Reduction compared prev. day:-1,039%
18/2/2009 2,083 -0,013 -> Reduction compared prev. day:-0,620%
19/2/2009 2,085 +0,002 -> Difference compared pre. day:+0,096%
20/2/2009 2,074 -0,011 -> Reduction compared prev. day:-0,528%
23/2/2009 2,074 0,000 -> Difference compared pre. day: 0,000%
24/2/2009 2,062 -0,012 -> Reduction compared prev. day:-0,579%
25/2/2009 2,062 Theorical expected value
26/2/2009 2,061 Theorical expected value
27/2/2009 2,061 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: 724,20€
Compared one year ago:
Expected monthly savings will be.: 225 €
Expected Yearly savings will be.: 2706 € (-23,75%)

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

Note: On right you have a small application where you can calculate your mortgage monthly payment.

Published date: 24/02/2009 at 11:30

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