Euribor 8/3/2012 (12 months & other types)

Forecast of March average: 1,512 (Reliability: 26%)

Oficial value of day 8/3/12: 1,544 (-0,515%)

 

Comments: Today decreases 8 thousandths more, and  all of Euribor types are lower compared yesteriday values, and the Euribor at 1 week today decreases one thousandth (a -0.3%), has achieved a new historical minimum in 0,319.Today around 14:00 hours we will know the ECB decision, it seems low probable a reduction in the official interest rates after the massive liquidity injection of the last days done by ECB.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_
1-3-12 1,599 -0,015 ->  Reduction compared prev.day:-0,929%
2-3-12 1,584 -0,015 ->  Reduction compared prev.day:-0,938%
5-3-12 1,572 -0,012 ->  Reduction compared prev.day:-0,758%
6-3-12 1,561 -0,011 ->  Reduction compared prev.day:-0,700%
7-3-12 1,552 -0,009 -> Reduction compared prev.day:-0,577%
8-3-12 1,544 -0,008 -> Reduction compared prev.day:-0,515%
9-3-12 1,537  Theorical expected value    
12-3-12 1,529  Theorical expected value    
13-3-12 1,524  Theorical expected value    
14-3-12 1,518  Theorical expected value    
15-3-12 1,511  Theorical expected value    
16-3-12 1,502  Theorical expected value    
19-3-12 1,496  Theorical expected value    
20-3-12 1,491  Theorical expected value    
21-3-12 1,485  Theorical expected value    
22-3-12 1,479  Theorical expected value    
23-3-12 1,475  Theorical expected value    
26-3-12 1,469  Theorical expected value    
27-3-12 1,463  Theorical expected value    
28-3-12 1,454  Theorical expected value    
29-3-12 1,447  Theorical expected value    
30-3-12 1,441  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: 660,40 €.
Compared one year ago, in March'11 (1,924%): 704,13 €
Expected monthly savings will be: 37,73 €. 
Expected yearly savings will be:  453 € (-5,36%) 
 

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

 

Euribor from 1 week to 12 months of 8/3/2012:

 

1 we.	2 we.	3 we.	1 mo.	2 mo.	3 mo.	4 mo.
0,319	0,354	0,402	0,495	0,693	0,902	1,012
5 mo.	6 mo.	7 mo.	8 mo.	9 mo.	10 mo.	11 mo.
1,111	1,213	1,280	1,339	1,393	1,441	1,492
12 mo.
1,544

 

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)
0,329	0,369	0,421	0,519	0,719	0,930	1,039
5 m(av)	6 m(av)	7 m(av)	8 m(av)	9 m(av)	10m(a)	11m(a)
1,137	1,238	1,304	1,364	1,418	1,467	1,518
12m(a)
1,569

 

 

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

 

Published date: 8/3/2012 at 13:50