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

Forecast of December average: 1,959 (Reliability: 19%)

Oficial value of day 6/12/11: 2,040 (+0,196%)

 

Comments: Today another increase of 4 thousandths more waiting the ECB decision of this Thursday when is expected a reduction of interest rates in 25 basic points, and practically all the Euribor types are lightly higher or equal compared yesterday.The next update will be done tomorrow around 13:50 hours.

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

 

__Date___Interest rate_
01/12/2011 2,030 -0,005 -> Reduction compared prev.day:-0,246%
02/12/2011 2,033 +0,003 -> Increase compared prev. day:+0,148%
05/12/2011 2,036 +0,003 -> Increase compared prev. day:+0,148%
06/12/2011 2,040 +0,004 -> Increase compared prev. day:+0,196%
07/12/2011  2,039    Theorical expected value
08/12/2011  2,034    ECB, forecast -0,25 (1,00%)
09/12/2011  1,963    Theorical expected value
12/12/2011  1,958    Theorical expected value
13/12/2011  1,959    Theorical expected value
14/12/2011  1,955    Theorical expected value
15/12/2011  1,952    Theorical expected value
16/12/2011  1,951    Theorical expected value
19/12/2011  1,945    Theorical expected value
20/12/2011  1,941    Theorical expected value
21/12/2011  1,940    Theorical expected value
22/12/2011  1,939    Theorical expected value
23/12/2011  1,938    Theorical expected value
27/12/2011  1,936    Theorical expected value
28/12/2011  1,937    Theorical expected value
29/12/2011  1,936    Theorical expected value
30/12/2011  1,935    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: 706,73 €.
Compared one year ago, in December'10 (1,526%): 667,01 €
Expected monthly extra expenses will be: 39,72 €. 
Expected yearly extra expenses will be:  477 € (+5,96%) 
 

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

 

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

       

1 we.	2 we.	3 we.	1 mo.	2 mo.	3 mo.	4 mo.
0,896	0,980	1,067	1,205	1,307	1,472	1,539
5 mo.	6 mo.	7 mo.	8 mo.	9 mo.	10 mo.	11 mo.
1,617	1,705	1,759	1,821	1,874	1,931	1,986
12 mo.
2,040

 

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)
0,894	0,983	1,069	1,205	1,305	1,470	1,538
5 m(av)	6 m(av)	7 m(av)	8 m(av)	9 m(av)	10m(a)	11m(a)
1,614	1,701	1,755	1,818	1,870	1,927	1,981
12m(a)
2,035

 

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

 

Published date: 6/12/2011 at 13:50