Wednesday, 2 February 2011

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

Forecast of February average: 1,681 (Reliability: 10%)
Oficial value of day 2/2/11: 1,666 (+0,361%)
 
Comments: Today the Euribor types from 1 week to 2 months are lower than yesterday it could be a sign that the strong increase of last days will be wxhausting, but we will see because it depends of Trichet words expected for tomorrow, for the time being today another consecutive historical maximum of euribor at 12 months from june'09 (1,666). (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_
1/2/2011 1,660 +0,016 -> Increase compared preve. day:+0,973%
2/2/2011 1,666 +0,006 -> Increase compared preve. day:+0,361%
3/2/2011 1,667  ECB, not expected changes(=1%) 
4/2/2011 1,668  Theorical expected value 
7/2/2011 1,672  Theorical expected value 
8/2/2011 1,671  Theorical expected value 
9/2/2011 1,670  Theorical expected value 
10/2/2011 1,669  Theorical expected value 
11/2/2011 1,672  Theorical expected value 
14/2/2011 1,670  Theorical expected value 
15/2/2011 1,675  Theorical expected value 
16/2/2011 1,689  Theorical expected value 
17/2/2011 1,687  Theorical expected value 
18/2/2011 1,697  Theorical expected value 
21/2/2011 1,700  Theorical expected value 
22/2/2011 1,699  Theorical expected value 
23/2/2011 1,698  Theorical expected value 
24/2/2011 1,699  Theorical expected value 
25/2/2011 1,697  Theorical expected value 
28/2/2011 1,697  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:
681,73 €
Compared one year ago, in February'10 (1,225%): 640,84 €
Expected monthly extra expenses will be: 40,89

Expected yearly extra expenses will be:  491
 € (+6,38%) 
 
(The monthly payments are calculated using the french metod type)
 
Euribor from 1 week to 12 months of 2/2/2011:
 
1 we. 2 we. 3 we. 1 mo. 2 mo. 3 mo. 4 mo.
0,885 0,902 0,904 0,910 0,969 1,083 1,149
5 mo. 6 mo. 7 mo. 8 mo. 9 mo. 10 mo. 11 mo.
1,229 1,333 1,388 1,446 1,502 1,557 1,604
12 mo.
1,666
 
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)
0,918 0,917 0,911 0,913 0,971 1,083 1,148
5 m(av) 6 m(av) 7 m(av) 8 m(av) 9 m(av) 10m(av) 11m(av)
1,229 1,332 1,387 1,445 1,499 1,554 1,602
12m(av)
1,663
 
Note: On right you have a small application where you can calculate your mortgage monthly payment.
 
Published date: 2/2/2011 at 13:10
 

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