Euribor 2/4/2009 (at 12 months)

Forecast of April average: 1,706 (Reliability: 10%)
Oficial value of day 2/4/09: 1,791

Comments: Today around 14 hours we will know the ECB decision about interest rates in Euro Zone.

__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%
03/4/2009 1,781 Theorical expected value
06/4/2009 1,771 Theorical expected value
07/4/2009 1,761 Theorical expected value
08/4/2009 1,751 Theorical expected value
09/4/2009 1,741 Theorical expected value
14/4/2009 1,731 Theorical expected value
15/4/2009 1,721 Theorical expected value
16/4/2009 1,711 Theorical expected value
17/4/2009 1,701 Theorical expected value
20/4/2009 1,691 Theorical expected value
21/4/2009 1,681 Theorical expected value
22/4/2009 1,671 Theorical expected value
23/4/2009 1,661 Theorical expected value
24/4/2009 1,651 Theorical expected value
27/4/2009 1,641 Theorical expected value
28/4/2009 1,631 Theorical expected value
29/4/2009 1,621 Theorical expected value
30/4/2009 1,611 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: 684,01€
Compared one year ago (in April'08: 1001,79 €):
Expected monthly savings will be.: 317 €
Expected Yearly savings will be.: 3813 € (-31,72%)

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

Euribor rates from 1 week to 11 months of 2/04/2009:

1 we.	2 we.	3 we.	1 mo.	2 mo.	3 mo.	4 mo.
0,968	0,992	1,033	1,086	1,293	1,483	1,56
5 mo.	6 mo.	7 mo.	8 mo.	9 mo.	10 mo.	11 mo.
1,596	1,646	1,68	1,7	1,721	1,744	1,767

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

Published date: 02/04/2009 at 11:30