Euribor 8/10/2009 (12 months & other types)

Forecast of October average: 1,246 (Reliability: 28%)
Oficial value of day 08/10/09: 1,229

 

Comments: Today around 14:00 we will know the BCE decition about interest rates, for the time being we don't expect any change. The next update will be done tomorrow around 12:00 hours. The Euribor at 1 week are increasing.

 

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

 

__Date___Interest rate_
01/10/2009 1,237 +0,001 -> Increase compared preve. day:+0,081%
02/10/2009 1,235 -0,002 -> Reduction compared prev. day:-0,162%
05/10/2009 1,230 -0,005 -> Reduction compared prev. day:-0,405%
06/10/2009 1,229 -0,001 -> Reduction compared prev. day:-0,081%
07/10/2009 1,225 -0,004 -> Reduction compared prev. day:-0,325%
08/10/2009 1,229 +0,004 -> Increase compared preve. day:+0,327%
09/10/2009 1,232  Theorical expected value    
12/10/2009 1,235  Theorical expected value    
13/10/2009 1,238  Theorical expected value    
14/10/2009 1,241  Theorical expected value    
15/10/2009 1,244  Theorical expected value    
16/10/2009 1,245  Theorical expected value    
19/10/2009 1,248  Theorical expected value    
20/10/2009 1,251  Theorical expected value    
21/10/2009 1,254  Theorical expected value    
22/10/2009 1,257  Theorical expected value    
23/10/2009 1,258  Theorical expected value    
26/10/2009 1,261  Theorical expected value    
27/10/2009 1,264  Theorical expected value    
28/10/2009 1,267  Theorical expected value    
29/10/2009 1,270  Theorical expected value    
30/10/2009 1,270  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: 642,69€
Compared one year ago, in Oct'08 (5,248%): 1050,20 €
Expected monthly savings will be.: 407 €
Expected Yearly savings will be.: 4890 € (-38,80%) 
 

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

 

Euribor from 1 week to 11 months of 8/10/2009:

 

1 we.	2 we.	3 we.	1 mo.	2 mo.	3 mo.	4 mo.
0,352	0,366	0,387	0,432	0,583	0,741	0,832
5 mo.	6 mo.	7 mo.	8 mo.	9 mo.	10 mo.	11 mo.
0,914	1,016	1,057	1,097	1,136	1,175	1,203

 

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

 

Published date: 08/10/2009 at 12:10