Euribor 6/7/2012 (12 months & other types)

Forecast of July average: 1,122 (Reliability: 25%)

Oficial value of day 6/7/12: 1,118 (-6,988%)

 

Comments: After the yesterday interest rates reduction today reduces 84 thousandths more, and all of the Euribor types decrease strongly compared yesterday values, and the Euribor at 1 week decreases 1 hundredth more, a new minimum historical:  0,208 (-33,5%).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 1,114  Theorical expected value        
10/07/2012 1,113  Theorical expected value        
11/07/2012 1,111  Theorical expected value        
12/07/2012 1,113  Theorical expected value        
13/07/2012 1,112  Theorical expected value        
16/07/2012 1,108  Theorical expected value        
17/07/2012 1,107  Theorical expected value        
18/07/2012 1,106  Theorical expected value        
19/07/2012 1,104  Theorical expected value        
20/07/2012 1,104  Theorical expected value        
23/07/2012 1,099  Theorical expected value        
24/07/2012 1,092  Theorical expected value        
25/07/2012 1,092  Theorical expected value        
26/07/2012 1,092  Theorical expected value        
27/07/2012 1,090  Theorical expected value        
30/07/2012 1,090  Theorical expected value        
31/07/2012 1,089  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: 631,81 €.
Compared one year ago, in July'11 (2,183%): 728,46 €
Expected monthly savings will be: 96,65 €. 
Expected yearly savings will be:  1160 € (-13,27%) 
 

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

 

Euribor from 1 week to 12 months of 6/7/2012:

 

1 we.	2 we.	3 we.	1 mo.	2 mo.	3 mo.	4 mo.
0,208	0,214	0,226	0,255	0,364	0,549	0,649
5 mo.	6 mo.	7 mo.	8 mo.	9 mo.	10 mo.	11 mo.
0,737	0,831	0,880	0,930	0,980	1,027	1,077
12 mo.
1,118

 

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)
0,296	0,307	0,323	0,345	0,447	0,627	0,726
5 m(av)	6 m(av)	7 m(av)	8 m(av)	9 m(av)	10m(a)	11m(a)
0,815	0,906	0,956	1,005	1,054	1,101	1,148
12m(a)
1,190

 

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: 6/7/2012 at 13:50