Euribor 31/7/2012 & final value of July average

Final value of July average: 1,061

Oficial value of day 31/7/2012: 0,946 (-1,046%)

 

Comments: Today reduces 10 thousandths more and all of the Euribor types with slightly changes compared yesterday values. Coming soon this value will be confirmed by European Central Bank or by the Bank of each country.

 

(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 1,000 -0,011 -> Reduction compared prev.day:-1,088%
24/07/2012 0,994 -0,006 -> Reduction compared prev.day:-0,600%
25/07/2012 0,989 -0,005 -> Reduction compared prev.day:-0,503%
26/07/2012 0,983 -0,006 -> Reduction compared prev.day:-0,607%
27/07/2012 0,976 -0,007 -> Reduction compared prev.day: -0,712%
30/07/2012 0,956 -0,020 -> Reduction compared prev.day: -2,049%
31/07/2012 0,946 -0,010 -> Reduction compared prev.day:-1,046%                        

    

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: 626,50 €.
Compared one year ago, in July'11 (2,183%): 728,46 €
Expected monthly savings will be: 101,96 €. 
Expected yearly savings will be:  1224 € (-14,00%) 
 

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

 

Euribor from 1 week to 12 months of 31/7/2012:

  

1 we.	2 we.	3 we.	1 mo.	2 mo.	3 mo.	4 mo.
0,102	0,111	0,122	0,149	0,238	0,389	0,487
5 mo.	6 mo.	7 mo.	8 mo.	9 mo.	10 mo.	11 mo.
0,579	0,671	0,718	0,764	0,812	0,858	0,902
12 mo.
0,946

 

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)
0,162	0,174	0,190	0,219	0,324	0,497	0,596
5 m(av)	6 m(av)	7 m(av)	8 m(av)	9 m(av)	10m(a)	11m(a)
0,686	0,779	0,830	0,879	0,928	0,975	1,019
12m(a)
1,061

 

 Graphic of the current month of Euribor at 12 months:

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

 

Published date: 31/7/2012 at 13:50