Euribor 8/7/2010 (12 months & other types)

Forecast of July average: 1,353 (Reliability: 27%)
Oficial value of day 8/7/10: 1,340 (New maximal of this year)

 

Comments: The next update will be done tomorrow around 12:00 hours. Today around 14:00 we will know the BCE decition about interest rates, we don't expected any changes.

 

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

 

__Date___Interest rate_
01/07/2010 1,320 +0,014 -> Increase compared preve. day:+1,072%
02/07/2010 1,329 +0,009 -> Increase compared preve. day:+0,682%
05/07/2010 1,329 =0,000 -> Increase compared preve. day:=0,000%
06/07/2010 1,331 +0,002 -> Increase compared preve. day:+0,150%
07/07/2010 1,334 +0,003 -> Increase compared preve. day:+0,225%
08/07/2010 1,340 +0,006 -> Increase compared preve. day:+0,450%
09/07/2010 1,342  Theorical expected value      
12/07/2010 1,345  Theorical expected value      
13/07/2010 1,347  Theorical expected value      
14/07/2010 1,348  Theorical expected value      
15/07/2010 1,350  Theorical expected value      
16/07/2010 1,353  Theorical expected value      
19/07/2010 1,355  Theorical expected value      
20/07/2010 1,358  Theorical expected value      
21/07/2010 1,362  Theorical expected value      
22/07/2010 1,366  Theorical expected value      
23/07/2010 1,369  Theorical expected value      
26/07/2010 1,373  Theorical expected value      
27/07/2010 1,373  Theorical expected value      
28/07/2010 1,375  Theorical expected value      
29/07/2010 1,380  Theorical expected value      
30/07/2010 1,383  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: 652,12€
Compared one year ago, in July'09 (1,412%): 657,42 €
Expected monthly savings will be: 5 €
Expected Yearly savings will be:  63 € (-0,80%) 
 

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

 

Euribor from 1 week to 12 months of 8/7/2010:

 

1 we.	2 we.	3 we.	1 mo.	2 mo.	3 mo.	4 mo.
0,478	0,491	0,506	0,534	0,626	0,810	0,874
5 mo.	6 mo.	7 mo.	8 mo.	9 mo.	10 mo.	11 mo.
0,968	1,070	1,112	1,161	1,211	1,250	1,290
12 mo.
1,340

 

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)
0,460	0,473	0,488	0,518	0,612	0,796	0,865
5 m.(av)	6 m.(av)	7 m.(av)	8 m.(av)	9 m.(av)	10 m(av)	11 m(av)
0,960	1,062	1,105	1,151	1,203	1,240	1,280
12 m(av)
1,331

 

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

 

Published date: 8/7/2010 at 13:05