Euribor 10/9/2012 (12 months & other types)

Forecast of Setember average: 0,782 (Reliability: 30%)

Oficial value of day 10/9/12: 0,766 (-0,906%)

 

Comments: Today reduces 7 thousandths more, (I don't remember if the Euribor has been as closely to the official interesta rate as today is, and bu the other way if we think, the only one who provide money to Banks it's the ECB, and between banks they don't provide money between them, for this reason it's logical that the Euribor value will be closely near of the official interest rate, now neither can do manipulations because the Institutions are looking closely due to happened with LIBOR in England and provably with Euribor happened the same but without confirmation of evidence), and practically all of the Euribor types are lower compared yesterday values, the Euribor at 1 week repeats the value: 0,088 (=). 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_
03/09/2012 0,798 -0,007 -> Reduction compared prev.day:-0,870%
04/09/2012 0,791 -0,007 -> Reduction compared prev.day:-0,877%
05/09/2012 0,782 -0,009 -> Reduction compared prev.day:-1,138%
06/09/2012 0,776 -0,006 -> Reduction compared prev.day:-0,767%
07/09/2012 0,773 -0,003 -> Reduction compared prev.day:-0,387%
10/09/2012 0,766 -0,007 -> Reduction compared prev.day:-0,906%
11/09/2012 0,767  Theorical expected value      
12/09/2012 0,769  Theorical expected value      
13/09/2012 0,769  Theorical expected value      
14/09/2012 0,768  Theorical expected value      
17/09/2012 0,767  Theorical expected value      
18/09/2012 0,768  Theorical expected value      
19/09/2012 0,768  Theorical expected value      
20/09/2012 0,770  Theorical expected value      
21/09/2012 0,772  Theorical expected value      
24/09/2012 0,770  Theorical expected value      
25/09/2012 0,768  Theorical expected value      
26/09/2012 0,766  Theorical expected value      
27/09/2012 0,764  Theorical expected value      
28/09/2012 0,763  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: 602,82 €.
Compared one year ago, in Setember'11 (2,067%): 717,50 €
Expected monthly savings will be: 114,69 €. 
Expected yearly savings will be:  1376 € (-15,98%) 
 

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

 

Euribor from 1 week to 12 months of 10/9/2012:

 

1 we.	2 we.	3 we.	1 mo.	2 mo.	3 mo.	4 mo.
0,088	0,097	0,104	0,120	0,175	0,261	0,337
5 mo.	6 mo.	7 mo.	8 mo.	9 mo.	10 mo.	11 mo.
0,431	0,509	0,557	0,602	0,643	0,683	0,726
12 mo.
0,766

 

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)
0,089	0,097	0,105	0,121	0,177	0,268	0,349
5 m(av)	6 m(av)	7 m(av)	8 m(av)	9 m(av)	10m(a)	11m(a)
0,441	0,521	0,570	0,615	0,657	0,697	0,740
12m(a)
0,781

 

 

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

 

Published date: 10/9/2012 at 12:10