Euribor 29/1/2010 & final value of January average

Final value of January average: 1,232
Oficial value of day 29/1/2010: 1,225

 

Comments: Coming soon this value will be confirmed by European Central Bank or by the Bank of each country.

 

__Date___Interest rate_
04/01/2010 1,251 +0,003 -> Increase compared preve. day:+0,240%
05/01/2010 1,249 -0,002 -> Reduction compared prev. day:-0,160%
06/01/2010 1,246 -0,003 -> Reduction compared prev. day:-0,240%
07/01/2010 1,243 -0,003 -> Reduction compared prev. day:-0,241%
08/01/2010 1,242 -0,001 -> Reduction compared prev. day:-0,080%
11/01/2010 1,239 -0,003 -> Reduction compared prev. day:-0,242%
12/01/2010 1,236 -0,003 -> Reduction compared prev. day:-0,242%
13/01/2010 1,236 =0,000 -> Reduction compared prev. day:=0,000%
14/01/2010 1,235 -0,001 -> Reduction compared prev. day:-0,081%
15/01/2010 1,228 -0,007 -> Reduction compared prev. day:-0,567%
18/01/2010 1,225 -0,003 -> Reduction compared prev. day:-0,244%
19/01/2010 1,227 +0,002 ->  Increase compared preve. day:+0,163%
20/01/2010 1,226 -0,001 -> Reduction compared prev. day:-0,081%
21/01/2010 1,225 -0,001 -> Reduction compared prev. day:-0,082%
22/01/2010 1,222 -0,003 -> Reduction compared prev. day:-0,245%
25/01/2010 1,222 =0,000 -> Increase compared preve. day:=0,000%
26/01/2010 1,220 -0,002 -> Reduction compared prev. day:-0,164%
27/01/2010 1,220 =0,000 -> Increase compared preve. day:=0,000%
28/01/2010 1,226 +0,006 -> Increase compared preve. day:+0,492%
29/01/2010 1,225 -0,001 -> Reduction compared prev. day:-0,082%

 

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: 641,45€
Compared one year ago, in Jan'09 (2,622%): 770,78 €
Expected monthly savings will be.: 129 €
Expected Yearly savings will be.: 1552 € (-16,78%) 
 

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

 

Euribor from 1 week to 12 months of 29/1/2010:

 

1 we.	2 we.	3 we.	1 mo.	2 mo.	3 mo.	4 mo.
0,344	0,361	0,380	0,426	0,526	0,665	0,763
5 mo.	6 mo.	7 mo.	8 mo.	9 mo.	10 mo.	11 mo.
0,850	0,966	1,004	1,049	1,098	1,137	1,179
12 mo.
1,225

 

Real average of Euribor of the current month from 1 week to 12 months:

 

1 w.(av)	2 w.(av)	3 w.(av)	1 m.(av)	2 m.(av)	3 m.(av)	4 m.(av)
0,355	0,372	0,392	0,437	0,537	0,680	0,775
5 m.(av)	6 m.(av)	7 m.(av)	8 m.(av)	9 m.(av)	10 m(av)	11 m(av)
0,864	0,977	1,016	1,060	1,107	1,148	1,190
12 m(av)
1,232

 

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

 

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Published date: 29/1/2010 at 13:05