Euribor 6/5/2009 (12 months & other types)

Forecast of May average: 1,674 (Reliability: 15%)
Oficial value of day 06/5/09: 1,704

__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  ECB hypothetic reduction rates: -0,25 
08/05/2009 1,695  Theorical expected value 
11/05/2009 1,692  Theorical expected value 
12/05/2009 1,691  Theorical expected value 
13/05/2009 1,687  Theorical expected value 
14/05/2009 1,685  Theorical expected value 
15/05/2009 1,680  Theorical expected value 
18/05/2009 1,676  Theorical expected value 
19/05/2009 1,664  Theorical expected value 
20/05/2009 1,659  Theorical expected value 
21/05/2009 1,654  Theorical expected value 
22/05/2009 1,654  Theorical expected value 
25/05/2009 1,652  Theorical expected value 
26/05/2009 1,650  Theorical expected value 
27/05/2009 1,645  Theorical expected value 
28/05/2009 1,638  Theorical expected value 
29/05/2009 1,632  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: 681,09€
Compared one year ago (in May'08: 1021,34 €):
Expected monthly savings will be.: 340 €
Expected Yearly savings will be.: 4083 € (-33,31%) 
 

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

 

Euribor from 1 week to 11 months of 06/05/2009:

 

1 we.	2 we.	3 we.	1 mo.	2 mo.	3 mo.	4 mo.
0,734	0,784	0,832	0,904	1,135	1,334	1,404
5 mo.	6 mo.	7 mo.	8 mo.	9 mo.	10 mo.	11 mo.
1,464	1,534	1,569	1,599	1,626	1,653	1,678

 

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

 

Published date: 06/05/2009 at 14:00