Euribor 2/9/2009 (12 months & other types)

Forecast of September average: 1,317 (Reliability: 9%)
Oficial value of day 2/9/09: 1,300

 

Comments: With the current interest rates the value of Euribor will be practically in the minimun, and from now on til the trend changes the value will be moving  betwenn 1,3 - 1,45.  (The next update will be done tomorrow around 16:00 hours).

 

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

 

__Date___Interest rate_
01/09/2009 1,302 -0,002 -> Reduction compared prev. day:-0,153%
02/09/2009 1,300 -0,002 -> Reduction compared prev. day:-0,154%
03/09/2009 1,303  Theorical expected value   
04/09/2009 1,306  Theorical expected value   
07/09/2009 1,304  Theorical expected value   
08/09/2009 1,307  Theorical expected value   
09/09/2009 1,310  Theorical expected value   
10/09/2009 1,313  Theorical expected value   
11/09/2009 1,312  Theorical expected value   
14/09/2009 1,315  Theorical expected value   
15/09/2009 1,313  Theorical expected value   
16/09/2009 1,319  Theorical expected value   
17/09/2009 1,321  Theorical expected value   
18/09/2009 1,324  Theorical expected value   
21/09/2009 1,327  Theorical expected value   
22/09/2009 1,326  Theorical expected value   
23/09/2009 1,325  Theorical expected value   
24/09/2009 1,328  Theorical expected value   
25/09/2009 1,331  Theorical expected value   
28/09/2009 1,328  Theorical expected value   
29/09/2009 1,328  Theorical expected value   
30/09/2009 1,328  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: 648,96€
Compared one year ago, in Sep'08 (5,384%): 1065,8 €
Expected monthly savings will be.: 417 €
Expected Yearly savings will be.: 5002 € (-39,11%) 
 

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

 

Euribor from 1 week to 11 months of 2/9/2009:

 

1 we.	2 we.	3 we.	1 mo.	2 mo.	3 mo.	4 mo.
0,341	0,37	0,404	0,479	0,659	0,813	0,913
5 mo.	6 mo.	7 mo.	8 mo.	9 mo.	10 mo.	11 mo.
0,993	1,078	1,116	1,16	1,2	1,231	1,269

 

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

 

Published date: 02/09/2009 at 16:05