Euribor 3/8/2009 (12 months & other types)

Forecast of August average: 1,334 (Reliability: 5%)
Oficial value of day 3/8/09: 1,346

 

Comments: The next update will be done tomorrow around 14:30 hours.

 

(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 1,346  Theorical expected value      
05/08/2009 1,343  Theorical expected value      
06/08/2009 1,337  Theorical expected value      
07/08/2009 1,340  Theorical expected value      
10/08/2009 1,338  Theorical expected value      
11/08/2009 1,339  Theorical expected value      
12/08/2009 1,340  Theorical expected value      
13/08/2009 1,338  Theorical expected value      
14/08/2009 1,337  Theorical expected value      
17/08/2009 1,334  Theorical expected value      
18/08/2009 1,332  Theorical expected value      
19/08/2009 1,326  Theorical expected value      
20/08/2009 1,329  Theorical expected value      
21/08/2009 1,331  Theorical expected value      
24/08/2009 1,331  Theorical expected value      
25/08/2009 1,330  Theorical expected value      
26/08/2009 1,329  Theorical expected value      
27/08/2009 1,329  Theorical expected value      
28/08/2009 1,326  Theorical expected value      
31/08/2009 1,323  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: 650,47€
Compared one year ago (in Aug'08: 1058,79 €):
Expected monthly savings will be.: 408 €
Expected Yearly savings will be.: 4900 € (-38,56%) 
 

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

 

Euribor from 1 week to 11 months of 3/8/2009:

 

1 we.	2 we.	3 we.	1 mo.	2 mo.	3 mo.	4 mo.
0,354	0,392	0,441	0,526	0,712	0,886	0,971
5 mo.	6 mo.	7 mo.	8 mo.	9 mo.	10 mo.	11 mo.
1,057	1,137	1,178	1,216	1,259	1,294	1,322

 

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

 

Published date: 3/08/2009 at 14:35