Wednesday, 3 June 2009

Euribor 3/6/2009 (12 months & other types)

Forecast of June average: 1,607 (Reliability: 12%)
Oficial value of day 3/6/09: 1,615
 
(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 1,624 -0,002 -> Reducción respecto al día ant.:-0,123%
03/06/2009 1,615 -0,009 -> Reduction compared prev. day:-0,554%
04/06/2009 1,612  ECB no action expected = 1%   
05/06/2009 1,611  Theorical expected value  
08/06/2009 1,610  Theorical expected value  
09/06/2009 1,609  Theorical expected value  
10/06/2009 1,609  Theorical expected value  
11/06/2009 1,607  Theorical expected value  
12/06/2009 1,606  Theorical expected value  
15/06/2009 1,605  Theorical expected value  
16/06/2009 1,603  Theorical expected value  
17/06/2009 1,605  Theorical expected value  
18/06/2009 1,604  Theorical expected value  
19/06/2009 1,607  Theorical expected value  
22/06/2009 1,607  Theorical expected value  
23/06/2009 1,606  Theorical expected value  
24/06/2009 1,605  Theorical expected value  
25/06/2009 1,602  Theorical expected value  
26/06/2009 1,598  Theorical expected value  
29/06/2009 1,595  Theorical expected value  
30/06/2009 1,595  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: 674,99€
Compared one year ago (in June'08: 1063,04 €):
Expected monthly savings will be.: 388 €
Expected Yearly savings will be.: 4656 € (-36,50%) 

 
(The monthly payments are calculated using the french metod type)
 
Euribor from 1 week to 11 months of 3/6/2009:
 
1 we. 2 we. 3 we. 1 mo. 2 mo. 3 mo. 4 mo.
0,814 0,851 0,876 0,92 1,073 1,26 1,326
5 mo. 6 mo. 7 mo. 8 mo. 9 mo. 10 mo. 11 mo.
1,394 1,455 1,481 1,517 1,546 1,568 1,592
 
Note: On right you have a small application where you can calculate your mortgage monthly payment.
 
Published date: 02/06/2009 at 11:25

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