Wednesday 2 January 2013

Euribor 2/1/2013 (12 months & other types)

Forecast of January average: 0,544 (Reliability: 4%)
Oficial value of day 2/1/13: 0,543 (+0,185%)
 
Comments: Today increases one thousandth, and practically the rest of the Euribor types with a slightly changes compared yesterday values, the Euribor at 1 week decreases one thousandth: 0,080 (-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_
02/01/2013 0,543 +0,001 -> Reduction compared prev.day:+0,185%
03/01/2013 0,543  Theorical expected value     
04/01/2013 0,543  Theorical expected value     
07/01/2013 0,543  Theorical expected value     
08/01/2013 0,542  Theorical expected value     
09/01/2013 0,542  Theorical expected value     
10/01/2013 0,543  ECB, maybe -0,25 (¿0,50%?)  
11/01/2013 0,545  Theorical expected value     
14/01/2013 0,545  Theorical expected value     
15/01/2013 0,544  Theorical expected value     
16/01/2013 0,544  Theorical expected value     
17/01/2013 0,544  Theorical expected value     
18/01/2013 0,545  Theorical expected value     
21/01/2013 0,545  Theorical expected value     
22/01/2013 0,546  Theorical expected value     
23/01/2013 0,546  Theorical expected value     
24/01/2013 0,546  Theorical expected value     
25/01/2013 0,546  Theorical expected value     
28/01/2013 0,546  Theorical expected value     
29/01/2013 0,545  Theorical expected value     
30/01/2013 0,545  Theorical expected value     
31/01/2013 0,545  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:
582,60 €.
Compared one year ago, in January'12 (1,837%): 696,06 €
Expected monthly savings will be: 113,46 €.
 
Expected yearly savings will be:  1361
(-16,30%
 
(The monthly payments are calculated using the french metod type)
 
Euribor from 1 week to 12 months of 2/1/2013:
 
1 we. 2 we. 3 we. 1 mo. 2 mo. 3 mo. 4 mo.
0,080 0,088 0,095 0,109 0,150 0,188 0,229
5 mo. 6 mo. 7 mo. 8 mo. 9 mo. 10 mo. 11 mo.
0,277 0,319 0,360 0,399 0,433 0,472 0,509
12 mo.





0,543





 
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 0,109 0,150 0,188 0,229
5 m(av) 6 m(av) 7 m(av) 8 m(av) 9 m(av) 10m(a) 11m(a)
0,277 0,319 0,360 0,399 0,433 0,472 0,509
12m(a)





0,543





 

Note: On right you have a small application where you can calculate your mortgage monthly payment.
 
Published date: 2/1/2013 at 13:55

No comments:

Post a Comment

Note: only a member of this blog may post a comment.