Euribor 1/8/2012 (12 months & other types)

Forecast of August average: 0,880 (Reliability: 4%)

Oficial value of day 1/8/12: 0,937 (-0,951%)

 

Comments: Today reduces 9 thousandths making another consecutive minimum historical, and all of the Euribor types decrease compared yesterday values, the Euribor at 1 week decreases 3 thousandths more: 0,099 (-2,9%).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_
01/8/2012    0,937    -0,009    -> Reduction compared prev.day:-0,951%
02/8/2012    0,930        ECB, not expected changes(=0,75%)    
03/8/2012    0,924        Theorical expected value    
06/8/2012    0,919        Theorical expected value    
07/8/2012    0,912        Theorical expected value    
08/8/2012    0,905        Theorical expected value    
09/8/2012    0,901        Theorical expected value    
10/8/2012    0,895        Theorical expected value    
13/8/2012    0,886        Theorical expected value    
14/8/2012    0,880        Theorical expected value    
15/8/2012    0,875        Theorical expected value    
16/8/2012    0,872        Theorical expected value    
17/8/2012    0,870        Theorical expected value    
20/8/2012    0,867        Theorical expected value    
21/8/2012    0,864        Theorical expected value    
22/8/2012    0,860        Theorical expected value    
23/8/2012    0,858        Theorical expected value    
24/8/2012    0,857        Theorical expected value    
27/8/2012    0,855        Theorical expected value    
28/8/2012    0,852        Theorical expected value    
29/8/2012    0,846        Theorical expected value    
30/8/2012    0,842        Theorical expected value    
31/8/2012    0,840        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: 610,90 €.
Compared one year ago, in August'11 (2,097%): 720,33 €
Expected monthly savings will be: 109,43 €. 
Expected yearly savings will be:  1313 € (-15,19%) 
 

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

 

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

  

1 we.	2 we.	3 we.	1 mo.	2 mo.	3 mo.	4 mo.
0,099	0,109	0,120	0,144	0,233	0,381	0,481
5 mo.	6 mo.	7 mo.	8 mo.	9 mo.	10 mo.	11 mo.
0,572	0,664	0,711	0,756	0,805	0,850	0,895
12 mo.
0,937

 

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)
0,099	0,109	0,120	0,144	0,233	0,381	0,481
5 m(av)	6 m(av)	7 m(av)	8 m(av)	9 m(av)	10m(a)	11m(a)
0,572	0,664	0,711	0,756	0,805	0,850	0,895
12m(a)
0,937

 

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

 

Published date: 1/8/2012 at 13:50