Thursday 16 April 2009

Euribor 16/4/2009 (at 12 months)

Forecast of April average: 1,762 (Reliability: 50%)
Oficial value of day 16/4/09: 1,762

__Date___Interest rate_
01/4/2009 1,801 -0,011 -> Reduction compared prev. day:-0,607%
02/4/2009 1,791 -0,010 -> Reduction compared prev. day:-0,555%
03/04/2009 1,804 +0,013 -> Difference compared pre. day:+0,726%
06/04/2009 1,802 -0,002 -> Reduction compared prev. day:-0,111%
07/04/2009 1,796 -0,006 -> Reduction compared prev. day:-0,333%
08/04/2009 1,785 -0,011 -> Reduction compared prev. day:-0,612%
09/04/2009 1,782 -0,003 -> Reduction compared prev. day:-0,168%
14/04/2009 1,774 -0,008 -> Reduction compared prev. day:-0,449%
15/04/2009 1,768 -0,006 -> Reduction compared prev. day:-0,338%
16/04/2009 1,762 -0,006 -> Reduction compared prev. day:-0,339%
17/04/2009 1,760 Theorical expected value
20/04/2009 1,756 Theorical expected value
21/04/2009 1,744 Theorical expected value
22/04/2009 1,739 Theorical expected value
23/04/2009 1,734 Theorical expected value
24/04/2009 1,734 Theorical expected value
27/04/2009 1,732 Theorical expected value
28/04/2009 1,730 Theorical expected value
29/04/2009 1,725 Theorical expected value
30/04/2009 1,718 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: 689,15€
Compared one year ago (in April'08: 1001,79 €):
Expected monthly savings will be.: 312 €
Expected Yearly savings will be.: 3751 € (-31,21%)

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

Euribor from 1 week to 11 months of 16/04/2009:

1 we. 2 we. 3 we. 1 mo. 2 mo. 3 mo. 4 mo.
0,872 0,905 0,951 0,991 1,216 1,41 1,495
5 mo. 6 mo. 7 mo. 8 mo. 9 mo. 10 mo. 11 mo.
1,538 1,597 1,63 1,658 1,681 1,711 1,737

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

Published date: 16/04/2009 at 11:30

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