Euribor 4/6/2009 (12 months & other types)

Forecast of June average: 1,615 (Reliability: 16%)
Oficial value of day 4/6/09: 1,621

 

Comments: Today around 14 hours we will know the decision of ECB about interest rates, it seems that this month won't be any changes and the interest rates will be the same (1%).

 

(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 1,621 0,006 -> Increase compared previous day:+0,372%
05/06/2009 1,620  Theorical expected value  
08/06/2009 1,619  Theorical expected value  
09/06/2009 1,618  Theorical expected value  
10/06/2009 1,618  Theorical expected value  
11/06/2009 1,616  Theorical expected value  
12/06/2009 1,615  Theorical expected value  
15/06/2009 1,614  Theorical expected value  
16/06/2009 1,612  Theorical expected value  
17/06/2009 1,614  Theorical expected value  
18/06/2009 1,613  Theorical expected value  
19/06/2009 1,615  Theorical expected value  
22/06/2009 1,615  Theorical expected value  
23/06/2009 1,614  Theorical expected value  
24/06/2009 1,613  Theorical expected value  
25/06/2009 1,611  Theorical expected value  
26/06/2009 1,607  Theorical expected value  
29/06/2009 1,604  Theorical expected value  
30/06/2009 1,604  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: 675,71€
Compared one year ago (in June'08: 1063,04 €):
Expected monthly savings will be.: 387 €
Expected Yearly savings will be.: 4647 € (-36,44%) 
 

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

 

Euribor from 1 week to 11 months of 4/6/2009:

 

1 we.	2 we.	3 we.	1 mo.	2 mo.	3 mo.	4 mo.
0,835	0,861	0,883	0,923	1,076	1,26	1,328
5 mo.	6 mo.	7 mo.	8 mo.	9 mo.	10 mo.	11 mo.
1,396	1,457	1,487	1,522	1,552	1,573	1,598

 

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

 

Published date: 04/06/2009 at 11:25