Euribor 2/10/2012 (12 months & other types)

Forecast of October average: 0,673 (Reliability: 8%)

Oficial value of day 2/10/12: 0,681 (-0,584%)

 

Comments: Today decreases 4 thousandths, and practically all of the Euribor types are lower compared yesterday values, the Euribor at 1 week decreases one thousandth: 0,083 (-1,2%). 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_
01/10/2012 0,685 +0,001 -> Increase compared prev. day:+0,146%
02/10/2012 0,681 -0,004 -> Reduction compared prev.day:-0,584%
03/10/2012 0,680  Theorical expected value  
04/10/2012 0,680  ECB, may be ¿- 0,25? (0,50%)
05/10/2012 0,678  Theorical expected value  
08/10/2012 0,678  Theorical expected value  
09/10/2012 0,676  Theorical expected value  
10/10/2012 0,675  Theorical expected value  
11/10/2012 0,674  Theorical expected value  
12/10/2012 0,673  Theorical expected value  
15/10/2012 0,672  Theorical expected value  
16/10/2012 0,672  Theorical expected value  
17/10/2012 0,670  Theorical expected value  
18/10/2012 0,669  Theorical expected value  
19/10/2012 0,667  Theorical expected value  
22/10/2012 0,665  Theorical expected value  
23/10/2012 0,664  Theorical expected value  
24/10/2012 0,663  Theorical expected value  
25/10/2012 0,662  Theorical expected value  
26/10/2012 0,661  Theorical expected value  
29/10/2012 0,660  Theorical expected value  
30/10/2012 0,660  Theorical expected value  
31/10/2012 0,658  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: 593,45 €.
Compared one year ago, in October'11 (2,11%): 721,55 €
Expected monthly savings will be: 128,10 €. 
Expected yearly savings will be:  1537 € (-17,75%) 
 

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

 

Euribor from 1 week to 12 months of 2/10/2012:

 

1 we.	2 we.	3 we.	1 mo.	2 mo.	3 mo.	4 mo.
0,083	0,090	0,097	0,115	0,158	0,220	0,284
5 mo.	6 mo.	7 mo.	8 mo.	9 mo.	10 mo.	11 mo.
0,366	0,435	0,481	0,523	0,563	0,605	0,643
12 mo.
0,681

 

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)
0,084	0,090	0,098	0,116	0,159	0,222	0,286
5 m(av)	6 m(av)	7 m(av)	8 m(av)	9 m(av)	10m(a)	11m(a)
0,368	0,437	0,483	0,525	0,565	0,607	0,645
12m(a)
0,683

 

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

 

Published date: 2/10/2012 at 13:55