Euribor 2/8/2012 (12 months & other types)

Forecast of August average: 0,880 (Reliability: 8%)

Oficial value of day 2/8/12: 0,929 (-0,854%)

 

Comments: Today reduces 8 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: 0,096 (-3,0%).The next update will be done tomorrow around 13:50 hours.

(Vacation: From 6th to 17th of August the blog won't be updated daily).

(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 0,929 -0,008 -> Reduction compared prev.day:-0,854%
03/8/2012 0,923  Theorical expected value 
06/8/2012 0,918  Theorical expected value 
07/8/2012 0,911  Theorical expected value 
08/8/2012 0,904  Theorical expected value 
09/8/2012 0,900  Theorical expected value 
10/8/2012 0,894  Theorical expected value 
13/8/2012 0,885  Theorical expected value 
14/8/2012 0,879  Theorical expected value 
15/8/2012 0,874  Theorical expected value 
16/8/2012 0,871  Theorical expected value 
17/8/2012 0,869  Theorical expected value 
20/8/2012 0,866  Theorical expected value 
21/8/2012 0,863  Theorical expected value 
22/8/2012 0,859  Theorical expected value 
23/8/2012 0,857  Theorical expected value 
24/8/2012 0,856  Theorical expected value 
27/8/2012 0,854  Theorical expected value 
28/8/2012 0,851  Theorical expected value 
29/8/2012 0,845  Theorical expected value 
30/8/2012 0,841  Theorical expected value 
31/8/2012 0,839  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 2/8/2012:

   

1 we.	2 we.	3 we.	1 mo.	2 mo.	3 mo.	4 mo.
0,096	0,106	0,117	0,140	0,228	0,375	0,474
5 mo.	6 mo.	7 mo.	8 mo.	9 mo.	10 mo.	11 mo.
0,565	0,657	0,704	0,748	0,797	0,841	0,887
12 mo.
0,929

 

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)
0,098	0,108	0,119	0,142	0,231	0,378	0,478
5 m(av)	6 m(av)	7 m(av)	8 m(av)	9 m(av)	10m(a)	11m(a)
0,569	0,661	0,708	0,752	0,801	0,846	0,891
12m(a)
0,933

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

 

Published date: 2/8/2012 at 13:50