Euribor 5/11/2012 (12 months & other types)

Forecast of November average: 0,599 (Reliability: 15%)

Oficial value of day 5/11/12: 0,607 (-0,655%)

 

Comments: Today decreases 4 thousandths (other minimun historical), and practically all of the Euribor types are lower or equal compared yesterday values, the Euribor at 1 week reduces one thousandth more: 0,078 (-1,3%). 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_
01/11/2012 0,615 -0,003 -> Reduction compared prev.day:-0,485%
02/11/2012 0,611 -0,004 -> Reduction compared prev.day:-0,650%
05/11/2012 0,607 -0,004 -> Reduction compared prev.day:-0,655%
06/11/2012 0,606  Theorical expected value  
07/11/2012 0,605  Theorical expected value  
08/11/2012 0,603  ECB, maybe -0,25 (¿0,50%?)
09/11/2012 0,602  Theorical expected value  
12/11/2012 0,601  Theorical expected value  
13/11/2012 0,600  Theorical expected value  
14/11/2012 0,598  Theorical expected value  
15/11/2012 0,598  Theorical expected value  
16/11/2012 0,597  Theorical expected value  
19/11/2012 0,597  Theorical expected value  
20/11/2012 0,596  Theorical expected value  
21/11/2012 0,594  Theorical expected value  
22/11/2012 0,594  Theorical expected value  
23/11/2012 0,593  Theorical expected value  
26/11/2012 0,593  Theorical expected value  
27/11/2012 0,591  Theorical expected value  
28/11/2012 0,590  Theorical expected value  
29/11/2012 0,589  Theorical expected value  
30/11/2012 0,588  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: 587,17 €.
Compared one year ago, in November'11 (2,044%): 715,34 €
Expected monthly savings will be: 128,17 €. 
Expected yearly savings will be:  1538 € (-17,92%) 
 

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

 

Euribor from 1 week to 12 months of 5/11/2012:

 

1 we.	2 we.	3 we.	1 mo.	2 mo.	3 mo.	4 mo.
0,078	0,085	0,093	0,109	0,147	0,196	0,255
5 mo.	6 mo.	7 mo.	8 mo.	9 mo.	10 mo.	11 mo.
0,320	0,381	0,423	0,464	0,499	0,540	0,571
12 mo.
0,607

 

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)
0,079	0,086	0,093	0,110	0,148	0,197	0,256
5 m(av)	6 m(av)	7 m(av)	8 m(av)	9 m(av)	10m(a)	11m(a)
0,323	0,384	0,426	0,467	0,503	0,543	0,574
12m(a)
0,611

 

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

 

Published date: 5/11/2012 at 13:50