Euribor 6/5/2011 (12 months & other types)

Forecast of May average: 2,144 (Reliability: 23%)
Oficial value of day 6/5/11: 2,152 (-0,966%)

 

Comments: In the short term the Euribor scenario will changes, after yesterday press conference of ECB where anounce that for the time being won't be more increases of the price of money, this notice will make decrease to the Euribor values because was discounted an increase in June, today practically all Euribor types are lower than yesterday. 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_
02/05/2011 2,139 +0,007 ->  Increase compared preve. day:+0,328%
03/05/2011 2,143 +0,004 ->  Increase compared preve. day:+0,187%
04/05/2011 2,157 +0,014 ->  Increase compared preve. day:+0,653%
05/05/2011 2,173 +0,016 ->  Increase compared preve. day:+0,742%
06/05/2011 2,152 -0,021 ->  Reduction compared prev. day:-0,966%
09/05/2011 2,150  Theorical expected value  
10/05/2011 2,148  Theorical expected value  
11/05/2011 2,147  Theorical expected value  
12/05/2011 2,147  Theorical expected value  
13/05/2011 2,145  Theorical expected value  
16/05/2011 2,145  Theorical expected value  
17/05/2011 2,144  Theorical expected value  
18/05/2011 2,143  Theorical expected value  
19/05/2011 2,141  Theorical expected value  
20/05/2011 2,140  Theorical expected value  
23/05/2011 2,139  Theorical expected value  
24/05/2011 2,137  Theorical expected value  
25/05/2011 2,136  Theorical expected value  
26/05/2011 2,137  Theorical expected value  
27/05/2011 2,136  Theorical expected value  
30/05/2011 2,137  Theorical expected value  
31/05/2011 2,136  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: 724,77 €.
Compared one year ago, in May'10 (1,249%): 642,95 €
Expected monthly extra expenses will be: 81,82 €. 
Expected yearly extra expenses will be:  982 € (+12,73%) 
 

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

 

Euribor from 1 week to 12 months of 6/5/2011:

 

1 we.	2 we.	3 we.	1 mo.	2 mo.	3 mo.	4 mo.
1,216	1,235	1,244	1,250	1,294	1,419	1,503
5 mo.	6 mo.	7 mo.	8 mo.	9 mo.	10 mo.	11 mo.
1,598	1,703	1,774	1,848	1,929	2,003	2,069
12 mo.
2,152

 

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)
1,218	1,236	1,243	1,250	1,290	1,411	1,498
5 m(av)	6 m(av)	7 m(av)	8 m(av)	9 m(av)	10m(a)	11m(a)
1,594	1,697	1,771	1,843	1,927	2,002	2,070
12m(a)
2,153

 

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

 

Published date: 6/5/2011 at 13:10