Euribor 1/6/2009 (12 months & other types)

Forecast of June average: 1,602 (Reliability: 4%)
Oficial value of day 1/6/09: 1,626

 

(At the end of this info. you will find Euribor from 1 week to 11 months)

 

__Date___Interest rate_
01/06/2009 1,626 -0,005 -> Reduction compared prev. day:-0,307%
02/06/2009 1,616  Theorical expected value 
03/06/2009 1,615  Theorical expected value 
04/06/2009 1,612  ECB no action expected = 1%     
05/06/2009 1,610  Theorical expected value 
08/06/2009 1,608  Theorical expected value 
09/06/2009 1,605  Theorical expected value 
10/06/2009 1,605  Theorical expected value 
11/06/2009 1,603  Theorical expected value 
12/06/2009 1,602  Theorical expected value 
15/06/2009 1,599  Theorical expected value 
16/06/2009 1,597  Theorical expected value 
17/06/2009 1,600  Theorical expected value 
18/06/2009 1,597  Theorical expected value 
19/06/2009 1,599  Theorical expected value 
22/06/2009 1,599  Theorical expected value 
23/06/2009 1,598  Theorical expected value 
24/06/2009 1,597  Theorical expected value 
25/06/2009 1,594  Theorical expected value 
26/06/2009 1,591  Theorical expected value 
29/06/2009 1,588  Theorical expected value 
30/06/2009 1,588  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: 674,53€
Compared one year ago (in June'08: 1063,04 €):
Expected monthly savings will be.: 388 €
Expected Yearly savings will be.: 4662 € (-36,55%) 
 

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

 

Euribor from 1 week to 11 months of 1/6/2009:

 

1 we.	2 we.	3 we.	1 mo.	2 mo.	3 mo.	4 mo.
0,882	0,897	0,904	0,933	1,082	1,266	1,334
5 mo.	6 mo.	7 mo.	8 mo.	9 mo.	10 mo.	11 mo.
1,401	1,464	1,491	1,528	1,556	1,58	1,603

 

 

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

 

Published date: 01/06/2009 at 11:20