Thursday 21 May 2009

Euribor 21/5/2009 (12 months & other types)

Forecast of May average: 1,637 (Reliability: 70%)
Oficial value of day 21/5/09: 1,613
 
(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 1,636 -0,011 -> Reduction compared prev. day:-0,668%
14/05/2009 1,623 -0,013 -> Reduction compared prev. day:-0,795%
15/05/2009 1,610 -0,013 -> Reduction compared prev. day:-0,801%
18/05/2009 1,602 -0,008 -> Reduction compared prev. day:-0,497%
19/05/2009 1,595 -0,007 -> Reduction compared prev. day:-0,437%
20/05/2009 1,606 0,011 -> Diference compared prev. day.:+0,690%
21/05/2009 1,613 0,007 -> Diference compared prev. day.:+0,436%
22/05/2009 1,611  Theorical expected value   
25/05/2009 1,609  Theorical expected value   
26/05/2009 1,607  Theorical expected value   
27/05/2009 1,605  Theorical expected value   
28/05/2009 1,603  Theorical expected value   
29/05/2009 1,601  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: 677,71€
Compared one year ago (in May'08: 1021,34 €):
Expected monthly savings will be.: 344 €
Expected Yearly savings will be.: 4124 € (-33,64%) 

 
(The monthly payments are calculated using the french metod type)
 
Euribor from 1 week to 11 months of 21/05/2009:
 
1 we. 2 we. 3 we. 1 mo. 2 mo. 3 mo. 4 mo.
0,872 0,873 0,877 0,88 1,072 1,252 1,329
5 mo. 6 mo. 7 mo. 8 mo. 9 mo. 10 mo. 11 mo.
1,391 1,451 1,485 1,517 1,548 1,567 1,59
 
 
Note: On right you have a small application where you can calculate your mortgage monthly payment.
 
Published date: 21/05/2009 at 11:20

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