Euribor 3/5/2013 (12 months & other types)

Forecast of May average: 0,491 (Reliability: 8%)

Oficial value of day 3/5/13: 0,493 (-3,33%)

 

Comments: Today decreases 17 thousandth after the yesterday interest reduction, and practically the rest of the Euribor types are lower compared yesterday values, except the Euribor at 1 week repeats the value: 0,083 (=). 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_
02/05/2013 0,510 =0,000 -> Reduction compared prev.day:=0,000%
03/05/2013 0,493 -0,017 -> Reduction compared prev.day:-3,333%
06/05/2013 0,492  Theorical expected value 
07/05/2013 0,492  Theorical expected value 
08/05/2013 0,491  Theorical expected value 
09/05/2013 0,491  Theorical expected value 
10/05/2013 0,491  Theorical expected value 
13/05/2013 0,491  Theorical expected value 
14/05/2013 0,490  Theorical expected value 
15/05/2013 0,490  Theorical expected value 
16/05/2013 0,490  Theorical expected value 
17/05/2013 0,490  Theorical expected value 
20/05/2013 0,489  Theorical expected value 
21/05/2013 0,488  Theorical expected value 
22/05/2013 0,488  Theorical expected value 
23/05/2013 0,488  Theorical expected value 
24/05/2013 0,488  Theorical expected value 
27/05/2013 0,488  Theorical expected value 
28/05/2013 0,488  Theorical expected value 
29/05/2013 0,487  Theorical expected value 
30/05/2013 0,487  Theorical expected value 
31/05/2013 0,486  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: 578,21 €.
Compared one year ago, in May'12 (1,266%): 644,45 €
Expected monthly savings will be: 66,24 €. 
Expected yearly savings will be:  795 € (-10,28%) 
 

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

 

Euribor from 1 week to 12 months of 3/5/2013:

 

1 we.	2 we.	3 we.	1 mo.	2 mo.	3 mo.	4 mo.
0,083	0,092	0,100	0,113	0,159	0,201	0,236
5 mo.	6 mo.	7 mo.	8 mo.	9 mo.	10 mo.	11 mo.
0,272	0,302	0,333	0,363	0,398	0,428	0,463
12 mo.
0,493

 

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)
0,083	0,092	0,101	0,115	0,162	0,204	0,239
5 m(av)	6 m(av)	7 m(av)	8 m(av)	9 m(av)	10m(a)	11m(a)
0,277	0,308	0,339	0,370	0,405	0,435	0,471
12m(a)
0,502

 

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

 

Published date: 3/5/2013 at 13:55