Monday, 31 August 2009

Euribor 31/8/2009 & final value of August average

Final value of August average: 1,334
Oficial value of day 31/8/09: 1,304
 
Comments: Coming soon this value will be confirmed by European Central Bank or by the Bank of each country.
 
(At the end of this info. you will find Euribor from 1 week to 11 months)
 
__Date___Interest rate_
03/08/2009 1,346 -0,009 ->  Reduction compared prev. day:-0,664%
04/08/2009 1,344 -0,002 -> Reduction compared prev. day:-0,149%
05/08/2009 1,345 0,001 -> Difference compared prev. day:+0,074%
06/08/2009 1,346 0,001 -> Difference compared prev. day:+0,074%
07/08/2009 1,348 0,002 -> Difference compared prev. day:+0,149%
10/08/2009 1,354 0,006 -> Difference compared prev. day:+0,445%
11/08/2009 1,353 -0,001 -> Reduction compared prev. day:-0,074%
12/08/2009 1,350 -0,003 -> Reduction compared prev. day:-0,222%
13/08/2009 1,344 -0,006 -> Reduction compared prev. day:-0,444%
14/08/2009 1,342 -0,002 -> Reduction compared prev. day:-0,149%
17/08/2009 1,335 -0,007 -> Reduction compared prev. day:-0,522%
18/08/2009 1,334 -0,001 -> Reduction compared prev. day:-0,075%
19/08/2009 1,330 -0,004 -> Reduction compared prev. day:-0,300%
20/08/2009 1,328 -0,002 -> Reduction compared prev. day:-0,150%
21/08/2009 1,324 -0,004 -> Reduction compared prev. day:-0,301%
24/08/2009 1,326 0,002 -> Difference compared prev. day:+0,151%
25/08/2009 1,322 -0,004 -> Reduction compared prev. day:-0,302%
26/08/2009 1,319 -0,003 -> Reduction compared prev. day:-0,227%
27/08/2009 1,315 -0,004 -> Reduction compared prev. day:-0,303%
28/08/2009 1,311 -0,004 -> Reduction compared prev. day:-0,304%
31/08/2009 1,304 -0,007 -> Reduction compared prev. day:-0,534%

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: 650,56€
Compared one year ago (in Aug'08: 1058,79 €):
Expected monthly savings will be.: 408 €
Expected Yearly savings will be.: 4898 € (-38,56%) 

 
(The monthly payments are calculated using the french metod type)
 
 
Euribor from 1 week to 11 months of 31/08/2009:
 
1 we. 2 we. 3 we. 1 mo. 2 mo. 3 mo. 4 mo.
0,341 0,372 0,408 0,483 0,665 0,821 0,921
5 mo. 6 mo. 7 mo. 8 mo. 9 mo. 10 mo. 11 mo.
0,999 1,082 1,121 1,166 1,204 1,237 1,275
 
Note: On right you have a small application where you can calculate your mortgage monthly payment.
 
Published date: 31/08/2009 at 16:20
 

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