Euribor 5/11/2009 (12 months & other types)

Forecast of November average: 1,260 (Reliability: 19%)
Oficial value of day 5/11/09: 1,237

 

Comments: Today we will know the decition of ECB about interest rates around 14:00. Not expected changes (=1%).The next update will be done tomorrow around 12:00 hours.

 

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

 

__Date___Interest rate_
02/11/2009 1,237 +0,000 -> Equal value compared pre.day:+0,000%
03/11/2009 1,236 -0,001 -> Reduction compared prev. day:-0,081%
04/11/2009 1,238 +0,002 -> Reduction compared prev. day:+0,162%
05/11/2009 1,237 -0,001 -> Reduction compared prev. day:-0,081%
06/11/2009 1,240  Theorical expected value  
09/11/2009 1,243  Theorical expected value  
10/11/2009 1,246  Theorical expected value  
11/11/2009 1,249  Theorical expected value  
12/11/2009 1,252  Theorical expected value  
13/11/2009 1,255  Theorical expected value  
16/11/2009 1,258  Theorical expected value  
17/11/2009 1,261  Theorical expected value  
18/11/2009 1,264  Theorical expected value  
19/11/2009 1,267  Theorical expected value  
20/11/2009 1,270  Theorical expected value  
23/11/2009 1,273  Theorical expected value  
24/11/2009 1,276  Theorical expected value  
25/11/2009 1,279  Theorical expected value  
26/11/2009 1,282  Theorical expected value  
27/11/2009 1,285  Theorical expected value  
30/11/2009 1,288  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: 643,83€
Compared one year ago, in Nov'08 (4,35%): 949,85 €
Expected monthly savings will be.: 306 €
Expected Yearly savings will be.: 3672 € (-32,22%) 
 

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

 

Euribor from 1 week to 11 months of 5/11/2009:

 

1 we.	2 we.	3 we.	1 mo.	2 mo.	3 mo.	4 mo.
0,357	0,37	0,388	0,43	0,576	0,716	0,812
5 mo.	6 mo.	7 mo.	8 mo.	9 mo.	10 mo.	11 mo.
0,9	1	1,045	1,086	1,13	1,165	1,2

 

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

 

Published date: 5/11/2009 at 12:35