Friday, 27 March 2009

Euribor 27/3/2009 (at 12 months)

Forecast of march average: 1,910 (Reliability: 91%)
Oficial value of day 27/3/09: 1,838

__Date___Interest rate_
02-March 2,025 -0,008 -> Reduction compared prev. day:-0,394%
03-March 2,006 -0,019 -> Reduction compared prev. day:-0,938%
04-March 1,993 -0,013 -> Reduction compared prev. day:-0,648%
05-March 1,981 -0,012 -> Reduction compared prev. day:-0,602%
06-March 1,957 -0,024 -> Reduction compared prev. day:-1,212%
09-March 1,947 -0,010 -> Reduction compared prev. day:-0,511%
10-March 1,939 -0,008 -> Reduction compared prev. dat:-0,411%
11-March 1,932 -0,007 -> Reduction compared prev. dat:-0,361%
12-March 1,931 -0,001 -> Reduction compared prev. dat:-0,052%
13-March 1,923 -0,008 -> Reduction compared prev. dat:-0,414%
16-March 1,919 -0,004 -> Reduction compared prev. dat:-0,208%
17-March 1,909 -0,010 -> Reduction compared prev. dat:-0,521%
18-March 1,901 -0,008 -> Reduction compared prev. dat:-0,419%
19-March 1,877 -0,024 -> Reduction compared prev. dat:-1,262%
20-March 1,866 -0,011 -> Reduction compared prev. dat:-0,586%
23-March 1,857 -0,009 -> Reduction compared prev. dat:-0,482%
24-March 1,857 =0,000 -> Reduction compared prev. dat: 0,000%
25-March 1,853 -0,004 -> Reduction compared prev. dat:-0,215%
26-March 1,849 -0,004 -> Reduction compared prev. dat:-0,216%
27-March 1,838 -0,011 -> Reduction compared prev. dat:-0,595%
30-March 1,835 Theorical expected value
31-March 1,832 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: 702,82€
Compared one year ago:
Expected monthly savings will be.: 273 €
Expected Yearly savings will be.: 3280 € (-28,00%)

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

Euribor rates from 1 week to 11 months of 27/03/2009:

1 we. 2 we. 3 we. 1 mo. 2 mo. 3 mo. 4 mo.
0,931 1,026 1,08 1,148 1,352 1,531 1,605
5 mo. 6 mo. 7 mo. 8 mo. 9 mo. 10 mo. 11 mo.
1,643 1,693 1,719 1,744 1,762 1,788 1,812


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

Published date: 27/03/2009 at 11:30

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