Euribor 5/7/2013 (12 months & other types)

Forecast of July average: 0,522 (Reliability: 22%)

Oficial value of day 5/7/13: 0,519 (-2,809%)

 

Comments: Today reduces 15 thousandth after yesterday if it's needed the ECB left the door open to an additional reduction in the interest rates , also was confirmed that during long time the interest rates will be in a low level . The rest of the Euribor types are lower compared yesterday values, the Euribor at 1 week decreases one thousandth: 0,093 (-1'0%). 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_
01/07/2013 0,534 +0,007 -> Reduction compared prev. day:+1,328%
02/07/2013 0,534 =0,000 -> Increase compared previo. day:=0,000%
03/07/2013 0,534 =0,000 -> Increase compared previo. day:=0,000%
04/07/2013 0,534 =0,000 -> Increase compared previo. day:=0,000%
05/07/2013 0,519 -0,015 -> Increase compared previo. day:-2,809%
08/07/2013 0,519  Theorical expected value       
09/07/2013 0,518  Theorical expected value       
10/07/2013 0,522  Theorical expected value       
11/07/2013 0,521  Theorical expected value       
12/07/2013 0,522  Theorical expected value       
15/07/2013 0,525  Theorical expected value       
16/07/2013 0,523  Theorical expected value       
17/07/2013 0,519  Theorical expected value       
18/07/2013 0,521  Theorical expected value       
19/07/2013 0,520  Theorical expected value       
22/07/2013 0,519  Theorical expected value       
23/07/2013 0,518  Theorical expected value       
24/07/2013 0,517  Theorical expected value       
25/07/2013 0,514  Theorical expected value       
26/07/2013 0,514  Theorical expected value       
29/07/2013 0,513  Theorical expected value       
30/07/2013 0,511  Theorical expected value       
31/07/2013 0,512  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: 582,51 €.
Compared one year ago, in July'12 (1,061%): 626,50 €
Expected monthly savings will be: 44,00 €. 
Expected yearly savings will be:  528 € (-7,02%) 
 

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

 

Euribor from 1 week to 12 months of 5/7/2013:

 

1 we.	2 we.	3 we.	1 mo.	2 mo.	3 mo.	4 mo.
0,093	0,102	0,111	0,122	0,177	0,217	0,255
5 mo.	6 mo.	7 mo.	8 mo.	9 mo.	10 mo.	11 mo.
0,290	0,330	0,364	0,395	0,428	0,457	0,488
12 mo.
0,519

 

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)
0,093	0,102	0,111	0,122	0,179	0,221	0,261
5 m(av)	6 m(av)	7 m(av)	8 m(av)	9 m(av)	10m(a)	11m(a)
0,296	0,339	0,372	0,404	0,439	0,468	0,499
12m(a)
0,531

 

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: 5/7/2013 at 13:55