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

Forecast of December average: 1,245 (Reliability: 14%)
Oficial value of day 3/12/09: 1,241

 

Comments:  Today around 14:00 hours we will know the ECB decition about interest rates, not expected changes. The next update will be done tomorrow around 12:00 hours. (ADVERTISEMENT, comments about Forex in this link: Forex Macro Hight profitability per month 8-21% )

 

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

 

__Date___Interest rate_
01/12/2009 1,236 +0,002 -> Increase compared preve. day:+0,162%
02/12/2009 1,235 -0,001 -> Reduction compared prev. day:-0,081%
03/12/2009 1,241 +0,006 -> Increase compared preve. day:+0,486%
04/12/2009 1,242  Theorical expected value 
07/12/2009 1,243  Theorical expected value 
08/12/2009 1,246  Theorical expected value 
09/12/2009 1,249  Theorical expected value 
10/12/2009 1,248  Theorical expected value 
11/12/2009 1,245  Theorical expected value 
14/12/2009 1,246  Theorical expected value 
15/12/2009 1,246  Theorical expected value 
16/12/2009 1,247  Theorical expected value 
17/12/2009 1,248  Theorical expected value 
18/12/2009 1,249  Theorical expected value 
21/12/2009 1,248  Theorical expected value 
22/12/2009 1,249  Theorical expected value 
23/12/2009 1,250  Theorical expected value 
24/12/2009 1,248  Theorical expected value 
28/12/2009 1,249  Theorical expected value 
29/12/2009 1,251  Theorical expected value 
30/12/2009 1,249  Theorical expected value 
31/12/2009 1,249  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: 642,60€
Compared one year ago, in Dec'08 (3,452%): 854,37 €
Expected monthly savings will be.: 212 €
Expected Yearly savings will be.: 2541 € (-24,79%) 
 

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

 

Euribor from 1 week to 11 months of 03/12/2009:

 

1 we.	2 we.	3 we.	1 mo.	2 mo.	3 mo.	4 mo.
0,383	0,395	0,415	0,48	0,579	0,72	0,809
5 mo.	6 mo.	7 mo.	8 mo.	9 mo.	10 mo.	11 mo.
0,9	0,999	1,041	1,085	1,127	1,165	1,204

 

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

 

Published date: 03/12/2009 at 13:05