Euribor 20/7/2012 (12 months & other types)

Forecast of July average: 1,067 (Reliability: 70%)

Oficial value of day 20/7/12: 1,011 (-0,979%)

 

Comments: Today reduces 10 thousandths making another consecutive minimum historical, and all of the Euribor types decrease compared yesterday values, the Euribor at 1 week decreases 2 thousandths more: 0,113 (-1,7%).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_
02/07/2012 1,213 =0,000 -> Reduction compared prev.day:=0,000%
03/07/2012 1,210 -0,003 -> Reduction compared prev.day:-0,247%
04/07/2012 1,206 -0,004 -> Reduction compared prev.day:-0,331%
05/07/2012 1,202 -0,004 -> Reduction compared prev.day:-0,332%
06/07/2012 1,118 -0,084 -> Reduction compared prev.day:-6,988%
09/07/2012 1,104 -0,014 -> Reduction compared prev.day:-1,252%
10/07/2012 1,095 -0,009 -> Reduction compared prev.day:-0,815%
11/07/2012 1,084 -0,011 -> Reduction compared prev.day:-1,005%
12/07/2012 1,066 -0,018 -> Reduction compared prev.day:-1,661%
13/07/2012 1,054 -0,012 -> Reduction compared prev.day:-1,126%
16/07/2012 1,044 -0,010 -> Reduction compared prev.day:-0,949%
17/07/2012 1,036 -0,008 '-> Reduction compared prev.day:-0,766%
18/07/2012 1,030 -0,006 -> Reduction compared prev.day:-0,579%
19/07/2012 1,021 -0,009 '-> Reduction compared prev.day:-0,874%
20/07/2012 1,011 -0,010 -> Reduction compared prev.day:-0,979%
23/07/2012 1,007  Theorical expected value               
24/07/2012 1,003  Theorical expected value               
25/07/2012 0,999  Theorical expected value               
26/07/2012 0,995  Theorical expected value               
27/07/2012 0,991  Theorical expected value               
30/07/2012 0,989  Theorical expected value               
31/07/2012 0,985  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: 627,02 €.
Compared one year ago, in July'11 (2,183%): 728,46 €
Expected monthly savings will be: 101,44 €. 
Expected yearly savings will be:  1217 € (-13,93%) 
 

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

 

Euribor from 1 week to 12 months of 20/7/2012:

 

1 we.	2 we.	3 we.	1 mo.	2 mo.	3 mo.	4 mo.
0,113	0,129	0,144	0,176	0,282	0,451	0,551
5 mo.	6 mo.	7 mo.	8 mo.	9 mo.	10 mo.	11 mo.
0,641	0,735	0,787	0,837	0,883	0,929	0,972
12 mo.
1,011

 

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)
0,187	0,200	0,217	0,246	0,355	0,534	0,632
5 m(av)	6 m(av)	7 m(av)	8 m(av)	9 m(av)	10m(a)	11m(a)
0,721	0,815	0,867	0,917	0,965	1,013	1,058
12m(a)
1,100

 

Graphic of the current month till today of Euribor at 12 months:

 

 

 

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

 

Published date: 20/7/2012 at 13:50