Euribor 4/5/2009 (12 months & other types)

Forecast of May average: 1,671 (Reliability: 5%)
Oficial value of day 04/5/09: 1,718

Comment: Exceptionally tomorrow (05/05) the daily information will be publicated around 15:00 hours.

__Date___Interest rate_

04/05/2009 1,718 -0,010 -> Reduction compared prev. day:-0,579%
05/05/2009 1,712  Theorical expected value   
06/05/2009 1,700  Theorical expected value   
07/05/2009 1,695  ECB hypothetic reduction rates: -0,25 
08/05/2009 1,691  Theorical expected value   
11/05/2009 1,688  Theorical expected value   
12/05/2009 1,687  Theorical expected value   
13/05/2009 1,683  Theorical expected value   
14/05/2009 1,681  Theorical expected value   
15/05/2009 1,676  Theorical expected value   
18/05/2009 1,672  Theorical expected value   
19/05/2009 1,660  Theorical expected value   
20/05/2009 1,655  Theorical expected value   
21/05/2009 1,650  Theorical expected value   
22/05/2009 1,650  Theorical expected value   
25/05/2009 1,648  Theorical expected value   
26/05/2009 1,646  Theorical expected value   
27/05/2009 1,641  Theorical expected value   
28/05/2009 1,634  Theorical expected value   
29/05/2009 1,628  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: 680,81€
Compared one year ago (in May'08: 1021,34 €):
Expected monthly savings will be.: 340 €
Expected Yearly savings will be.: 4086 € (-33,34%) 
 

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

 

Euribor from 1 week to 11 months of 04/05/2009:

 

1 we.	2 we.	3 we.	1 mo.	2 mo.	3 mo.	4 mo.
0,773	0,825	0,863	0,931	1,157	1,354	1,424
5 mo.	6 mo.	7 mo.	8 mo.	9 mo.	10 mo.	11 mo.
1,48	1,553	1,589	1,618	1,643	1,67	1,695

 

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

 

Published date: 04/05/2009 at 11:20