Tuesday, 1 February 2011

Euribor 1/2/2011 (12 months & other types)

Forecast of February average: 1,695 (Reliability: 5%)
Oficial value of day 1/2/11: 1,660 (+0,973%)
 
Comments: The increase continues, today again another consecutive historical maximum of euribor at 12 months from june'09 (1,66). (The next update will be done tomorrow at latest at 13:10 hours).
 
(At the end of this info. you will find Euribor from 1 week to 11 months)
 
__Date___Interest rate_
01/02/2011 1,660 +0,016 -> Increase compared preve. day:+0,973%
02/02/2011 1,663  Theorical expected value  
03/02/2011 1,668  ECB, not expected changes(=1%) 
04/02/2011 1,671  Theorical expected value  
07/02/2011 1,675  Theorical expected value  
08/02/2011 1,679  Theorical expected value  
09/02/2011 1,683  Theorical expected value  
10/02/2011 1,682  Theorical expected value  
11/02/2011 1,688  Theorical expected value  
14/02/2011 1,686  Theorical expected value  
15/02/2011 1,691  Theorical expected value  
16/02/2011 1,705  Theorical expected value  
17/02/2011 1,703  Theorical expected value  
18/02/2011 1,713  Theorical expected value  
21/02/2011 1,722  Theorical expected value  
22/02/2011 1,721  Theorical expected value  
23/02/2011 1,720  Theorical expected value  
24/02/2011 1,721  Theorical expected value  
25/02/2011 1,719  Theorical expected value  
28/02/2011 1,725  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:
683,00 €
Compared one year ago, in February'10 (1,225%): 640,84 €
Expected monthly extra expenses will be: 42,16

Expected yearly extra expenses will be:  506
 € (+6,58%) 
 
(The monthly payments are calculated using the french metod type)
 
Euribor from 1 week to 12 months of 1/2/2011:
 
1 we. 2 we. 3 we. 1 mo. 2 mo. 3 mo. 4 mo.
0,951 0,931 0,917 0,915 0,972 1,082 1,147
5 mo. 6 mo. 7 mo. 8 mo. 9 mo. 10 mo. 11 mo.
1,229 1,331 1,386 1,444 1,496 1,551 1,599
12 mo.
1,660
 
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)
0,951 0,931 0,917 0,915 0,972 1,082 1,147
5 m(av) 6 m(av) 7 m(av) 8 m(av) 9 m(av) 10m(av) 11m(av)
1,229 1,331 1,386 1,444 1,496 1,551 1,599
12m(av)
1,660
 
Note: On right you have a small application where you can calculate your mortgage monthly payment.
 
Published date: 1/2/2011 at 14:30
 

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