Euribor 3/5/2010 (12 months & other types)

Forecast of May average: 1,242 (Reliability: 5%)
Oficial value of day 3/5/10: 1,239

 

Comments: 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_
03/05/2010 1,239 +0,003 -> Increase compared preve. day:+0,243%
04/05/2010 1,240  Theorical expected value            
05/05/2010 1,241  Theorical expected value            
06/05/2010 1,242  ECB, not expected changes(=1%) 
07/05/2010 1,241  Theorical expected value            
10/05/2010 1,241  Theorical expected value            
11/05/2010 1,241  Theorical expected value            
12/05/2010 1,242  Theorical expected value            
13/05/2010 1,241  Theorical expected value            
14/05/2010 1,240  Theorical expected value            
17/05/2010 1,241  Theorical expected value            
18/05/2010 1,242  Theorical expected value            
19/05/2010 1,242  Theorical expected value            
20/05/2010 1,241  Theorical expected value            
21/05/2010 1,242  Theorical expected value            
24/05/2010 1,243  Theorical expected value            
25/05/2010 1,242  Theorical expected value            
26/05/2010 1,243  Theorical expected value            
27/05/2010 1,243  Theorical expected value            
28/05/2010 1,244  Theorical expected value            
31/05/2010 1,245  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: 642,33€
Compared one year ago, in May'09 (1,644%): 678,35 €
Expected monthly savings will be.: 36 €
Expected Yearly savings will be.: 431 € (-5,31%) 
 

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

 

Euribor from 1 week to 12 months of 3/5/2010:

 

1 we.	2 we.	3 we.	1 mo.	2 mo.	3 mo.	4 mo.
0,354	0,367	0,384	0,414	0,515	0,665	0,767
5 mo.	6 mo.	7 mo.	8 mo.	9 mo.	10 mo.	11 mo.
0,864	0,971	1,009	1,058	1,111	1,148	1,188
12 mo.
1,239

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)
0,354	0,367	0,384	0,414	0,515	0,665	0,767
5 m.(av)	6 m.(av)	7 m.(av)	8 m.(av)	9 m.(av)	10 m(av)	11 m(av)
0,864	0,971	1,009	1,058	1,111	1,148	1,188
12 m(av)
1,239

 

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

 

Published date: 3/5/2010 at 13:05