Tuesday 12 May 2009

Euribor 12/5/2009 (12 months & other types)

Forecast of May average: 1,643 (Reliability: 35%)
Oficial value of day 12/5/09: 1,647
 
(At the end of this info. you will find Euribor from 1 week to 11 months)
 
__Date___Interest rate_
04/05/2009 1,718 -0,010 -> Reduction compared prev. day:-0,579%
05/05/2009 1,710 -0,008 -> Reduction compared prev. day:-0,466%
06/05/2009 1,704 -0,006 -> Reduction compared prev. day:-0,351%
07/05/2009 1,699 -0,005 -> Reduction compared prev. day:-0,293%
08/05/2009 1,676 -0,023 -> Reduction compared prev. day:-1,354%
11/05/2009 1,655 -0,021 -> Reduction compared prev. day:-1,253%
12/05/2009 1,647 -0,008 -> Reduction compared prev. day:-0,483%
13/05/2009 1,643  Theorical expected value  
14/05/2009 1,641  Theorical expected value  
15/05/2009 1,636  Theorical expected value  
18/05/2009 1,632  Theorical expected value  
19/05/2009 1,627  Theorical expected value  
20/05/2009 1,621  Theorical expected value  
21/05/2009 1,617  Theorical expected value  
22/05/2009 1,617  Theorical expected value  
25/05/2009 1,615  Theorical expected value  
26/05/2009 1,613  Theorical expected value  
27/05/2009 1,607  Theorical expected value  
28/05/2009 1,600  Theorical expected value  
29/05/2009 1,594  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: 678,26€
Compared one year ago (in May'08: 1021,34 €):
Expected monthly savings will be.: 343 €
Expected Yearly savings will be.: 4117 € (-33,59%) 

 
(The monthly payments are calculated using the french metod type)
 
Euribor from 1 week to 11 months of 12/05/2009:
 
1 we. 2 we. 3 we. 1 mo. 2 mo. 3 mo. 4 mo.
0,706 0,75 0,792 0,854 1,097 1,291 1,363
5 mo. 6 mo. 7 mo. 8 mo. 9 mo. 10 mo. 11 mo.
1,42 1,486 1,521 1,553 1,578 1,602 1,626
 
Note: On right you have a small application where you can calculate your mortgage monthly payment.
 
Published date: 12/05/2009 at 11:30
 

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