Euribor 3/1/2014 (12 months & other types)

Forecast of January average: 0,552 (Reliability: 9%)

Oficial value of day 3/1/14: 0,551 (-0,721%)

 

Comments: Today decreases 4 thousandth and practically the rest of the Euribor types are lower compared yesterday values, the Euribor at 1 week decreases 6 thousandths: 0,177 (-3,2%). 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_
02/01/2014 0,555 -0,001 -> Decrease compared previ. day:-0,180%
03/01/2014 0,551 -0,004 -> Decrease compared previ. day:-0,721%
06/01/2014 0,549  Theorical expected value           
07/01/2014 0,550  Theorical expected value           
08/01/2014 0,551  Theorical expected value           
09/01/2014 0,551  ECB, not expected changes(=0,25%)
10/01/2014 0,551  Theorical expected value           
13/01/2014 0,551  Theorical expected value           
14/01/2014 0,554  Theorical expected value           
15/01/2014 0,556  Theorical expected value           
16/01/2014 0,553  Theorical expected value           
17/01/2014 0,551  Theorical expected value           
20/01/2014 0,551  Theorical expected value           
21/01/2014 0,552  Theorical expected value           
22/01/2014 0,552  Theorical expected value           
23/01/2014 0,551  Theorical expected value           
24/01/2014 0,551  Theorical expected value           
27/01/2014 0,552  Theorical expected value           
28/01/2014 0,553  Theorical expected value           
29/01/2014 0,555  Theorical expected value           
30/01/2014 0,557  Theorical expected value           
31/01/2014 0,553  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: 585,17 €.
Compared one year ago, in January'13 (0,575%): 585,17 €
Expected monthly savings will be: 1,91 €. 
Expected yearly savings will be:  23 € (-0,33%) 
 

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

 

Euribor from 1 week to 12 months of 3/1/2014:

 

1 we.	2 we.	1 mo.	2 mo.
0,177	0,188	0,208	0,247
3 mo.	6 mo.	9 mo.	12 mo.
0,280	0,381	0,474	0,551

 

Real average of Euribor of the current month from 1 week to 12 months:

 

1 w(av)	2 w(av)	1 m(av)	2 m(av)
0,180	0,191	0,211	0,249
3 m(av)	6 m(av)	9 m(av)	12m(a)
0,282	0,384	0,476	0,553

  

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

 

Published date: 3/1/2014 at 13:55