Euribor 31/5/2010 & final value of May average

Final value of May average: 1,249

Oficial value of day 31/5/2010: 1,260

 

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

 

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

 

__Date___Interest rate_
03/05/2010 1,239 +0,003 -> Increase compared preve. day:+0,243%
04/05/2010 1,240 +0,001 -> Increase compared preve. day:+0,081%
05/05/2010 1,242 +0,002 -> Increase compared preve. day:+0,161%
06/05/2010 1,242 =0,000 -> Increase compared preve. day:=0,000%
07/05/2010 1,249 +0,007 -> Increase compared preve. day:+0,564%
10/05/2010 1,245 -0,004 -> Reduction compared prev. day:-0,320%
11/05/2010 1,244 -0,001 -> Reduction compared prev. day:-0,080%
12/05/2010 1,244 =0,000 -> Reduction compared prev. day:=0,000%
13/05/2010 1,243 -0,001 -> Reduction compared prev. day:-0,080%
14/05/2010 1,242 -0,001 -> Reduction compared prev. day:-0,080%
17/05/2010 1,246 +0,004 -> Increase compared preve. day:+0,322%
18/05/2010 1,247 +0,001 -> Increase compared preve. day:+0,080%
19/05/2010 1,249 +0,002 -> Increase compared preve. day:+0,160%
20/05/2010 1,253 +0,004 -> Increase compared preve. day:+0,320%
21/05/2010 1,257 +0,004 -> Increase compared preve. day:+0,319%
24/05/2010 1,259 +0,002 -> Increase compared preve. day:+0,159%
25/05/2010 1,262 +0,003 -> Increase compared preve. day:+0,238%
26/05/2010 1,258 -0,004 ->  Reduction compared prev. day:-0,317%
27/05/2010 1,257 -0,001 ->  Reduction compared prev. day:-0,079%
28/05/2010 1,258 +0,001 -> Increase compared preve. day:+0,080%
31/05/2010 1,260 +0,002 -> Increase compared preve. day:+0,159%                       

 

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: 642,95€
Compared one year ago, in May'09 (1,644%): 678,35 €
Expected monthly savings will be.: 35 €
Expected Yearly savings will be.: 425 € (-5,22%) 
 

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

 

Euribor from 1 week to 12 months of 31/5/2010:

 

1 we.	2 we.	3 we.	1 mo.	2 mo.	3 mo.	4 mo.
0,363	0,376	0,396	0,429	0,533	0,701	0,790
5 mo.	6 mo.	7 mo.	8 mo.	9 mo.	10 mo.	11 mo.
0,887	0,989	1,032	1,076	1,130	1,168	1,207
12 mo.
1,260

 

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)
0,361	0,374	0,392	0,423	0,526	0,687	0,781
5 m.(av)	6 m.(av)	7 m.(av)	8 m.(av)	9 m.(av)	10 m(av)	11 m(av)
0,880	0,982	1,021	1,067	1,121	1,159	1,197
12 m(av)
1,249

 

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

 

Published date: 31/5/2010 at 13:05