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

Forecast of May average: 1,671 (Reliability: 10%)
Oficial value of day 05/5/09: 1,710

__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 1,698  Theorical expected value
07/05/2009 1,693  ECB hypothetic reduction rates: -0,25
08/05/2009 1,689  Theorical expected value
11/05/2009 1,686  Theorical expected value
12/05/2009 1,685  Theorical expected value
13/05/2009 1,681  Theorical expected value
14/05/2009 1,679  Theorical expected value
15/05/2009 1,674  Theorical expected value
18/05/2009 1,670  Theorical expected value
19/05/2009 1,658  Theorical expected value
20/05/2009 1,653  Theorical expected value
21/05/2009 1,648  Theorical expected value
22/05/2009 1,648  Theorical expected value
25/05/2009 1,646  Theorical expected value
26/05/2009 1,644  Theorical expected value
27/05/2009 1,639  Theorical expected value
28/05/2009 1,632  Theorical expected value
29/05/2009 1,626  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 05/05/2009:

 

1 we.	2 we.	3 we.	1 mo.	2 mo.	3 mo.	4 mo.
0,75	0,807	0,849	0,918	1,147	1,344	1,414
5 mo.	6 mo.	7 mo.	8 mo.	9 mo.	10 mo.	11 mo.
1,473	1,543	1,578	1,608	1,634	1,661	1,686

 

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

 

Published date: 05/05/2009 at 14:00