Euribor 31/10/2012 & final value of October average

Final value of October average: 0,650

Oficial value of day 31/10/2012: 0,618 (-0,483%)

 

Comments: Today decreases 3 thousandths more, and practically all of the Euribor types are lower compared yesterday values. Coming soon this value will be confirmed by European Central Bank or by the Bank of each country.

 

(At the end of this info. you will find Euribor from 1 week to 11 months)

 

__Date___Interest rate_
0110/2012 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 0,677 -0,004 -> Reduction compared prev.day:-0,587%
04/10/2012 0,675 -0,002 -> Reduction compared prev.day:-0,295%
05/10/2012 0,670 -0,005 -> Reduction compared prev.day:-0,741%
08/10/2012 0,666 -0,004 -> Reduction compared prev.day:-0,597%
09/10/2012 0,662 -0,004 -> Reduction compared prev.day:-0,601%
10/10/2012 0,659 -0,003 -> Reduction compared prev.day:-0,453%
11/10/2012 0,655 -0,004 -> Reduction compared prev.day:-0,607%
12/10/2012 0,654 -0,001 -> Reduction compared prev.day:-0,153%
15/10/2012 0,652 -0,002 -> Reduction compared prev.day:-0,306%
16/10/2012 0,651 -0,001 -> Reduction compared prev.day:-0,153%
17/10/2012 0,648 -0,003 -> Reduction compared prev.day:-0,461%
18/10/2012 0,643 -0,005 -> Reduction compared prev.day:-0,772%
19/10/2012 0,641 -0,002 -> Reduction compared prev.day:-0,311%
22/10/2012 0,640 -0,001 -> Reduction compared prev.day:-0,156%
23/10/2012 0,638 -0,002 -> Reduction compared prev.day:-0,313%
24/10/2012 0,634 -0,004 -> Reduction compared prev.day:-0,627%
25/10/2012 0,631 -0,003 -> Reduction compared prev.day:-0,473%
26/10/2012 0,627 -0,004 -> Reduction compared prev.day:-0,634%
29/10/2012 0,624 -0,003 -> Reduction compared prev.day:-0,478%
30/10/2012 0,621 -0,003 -> Reduction compared prev.day:-0,481%
31/10/2012 0,618 -0,003 -> Reduction compared prev.day:-0,483%

    

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: 591,44 €.
Compared one year ago, in October'11 (2,11%): 721,55 €
Expected monthly savings will be: 130,12 €. 
Expected yearly savings will be:  1561 € (-18,03%) 
 

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

 

Euribor from 1 week to 12 months of 31/10/2012:

 

1 we.	2 we.	3 we.	1 mo.	2 mo.	3 mo.	4 mo.
0,079	0,087	0,093	0,110	0,148	0,197	0,258
5 mo.	6 mo.	7 mo.	8 mo.	9 mo.	10 mo.	11 mo.
0,326	0,389	0,430	0,473	0,507	0,549	0,581
12 mo.
0,618

 

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)
0,080	0,088	0,095	0,111	0,153	0,208	0,272
5 m(av)	6 m(av)	7 m(av)	8 m(av)	9 m(av)	10m(a)	11m(a)
0,348	0,412	0,455	0,497	0,533	0,575	0,612
12m(a)
0,650

 

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: 31/10/2012 at 13:55