Euribor 4/3/2011 (12 months & other types)

Forecast of March average: 1,904 (Reliability: 17%)
Oficial value of day 4/3/11: 1,924 (+8,090%)

 

Comments: The yesterday comments of Mr. Trichet when said that it's probably an increase of official interest rates in April,  has affected negatively and disproportionately to the value of Euribor of today, we will see if in the next sessions the value will balance. 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_
1/3/11 1,773 +0,006 -> Increase compared preve. day:+0,340%
2/3/11 1,775 +0,002 -> Increase compared preve. day:+0,113%
3/3/11 1,780 +0,005 -> Increase compared preve. day:+0,282%
4/3/11 1,924 +0,144 -> Increase compared preve. day:+8,090%
7/3/11 1,923  Theorical expected value
8/3/11 1,922  Theorical expected value
9/3/11 1,921  Theorical expected value
10/3/11 1,922  Theorical expected value
11/3/11 1,923  Theorical expected value
14/3/11 1,922  Theorical expected value
15/3/11 1,921  Theorical expected value
16/3/11 1,922  Theorical expected value
17/3/11 1,921  Theorical expected value
18/3/11 1,920  Theorical expected value
21/3/11 1,919  Theorical expected value
22/3/11 1,918  Theorical expected value
23/3/11 1,920  Theorical expected value
24/3/11 1,922  Theorical expected value
25/3/11 1,924  Theorical expected value
28/3/11 1,926  Theorical expected value
29/3/11 1,928  Theorical expected value
30/3/11 1,927  Theorical expected value
31/3/11 1,928  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: 702,27 €.
Compared one year ago, in March'10 (1,215%): 639,96 €
Expected monthly extra expenses will be: 62,31 €. 
Expected yearly extra expenses will be:  748 € (+9,74) 
 

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

 

Euribor from 1 week to 12 months of 4/3/2011:

 

1 we.	2 we.	3 we.	1 mo.	2 mo.	3 mo.	4 mo.
0,848	0,866	0,882	0,897	1,016	1,162	1,266
5 mo.	6 mo.	7 mo.	8 mo.	9 mo.	10 mo.	11 mo.
1,366	1,475	1,549	1,628	1,712	1,778	1,847
12 mo.
1,924

 

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)
0,755	0,809	0,848	0,875	0,974	1,113	1,206
5 m(av)	6 m(av)	7 m(av)	8 m(av)	9 m(av)	10m(av)	11m(av)
1,299	1,406	1,471	1,542	1,617	1,678	1,742
12m(av)
1,813

 

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

 

Published date: 4/3/2011 at 13:10