Euribor 7/1/2014 (12 months & other types)

Forecast of January average: 0,550 (Reliability: 17%)

Oficial value of day 7/1/14: 0,550 (=)

 

Comments: Today repeats value and practically the rest of the Euribor types are lower compared yesterday values, the Euribor at 1 week decreases 4 thousandths: 0,165 (-2,3%). 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_
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 0,550 -0,001 -> Decrease compared previ. day: -0,181%
07/01/2014 0,550 =0,000 -> Decrease compared previ. day:=0,000%
08/01/2014 0,549  Theorical expected value  
09/01/2014 0,549  ECB, not expected changes(=0,25%)  
10/01/2014 0,549  Theorical expected value  
13/01/2014 0,549  Theorical expected value  
14/01/2014 0,549  Theorical expected value  
15/01/2014 0,550  Theorical expected value  
16/01/2014 0,547  Theorical expected value  
17/01/2014 0,545  Theorical expected value  
20/01/2014 0,545  Theorical expected value  
21/01/2014 0,546  Theorical expected value  
22/01/2014 0,546  Theorical expected value  
23/01/2014 0,545  Theorical expected value  
24/01/2014 0,545  Theorical expected value  
27/01/2014 0,546  Theorical expected value  
28/01/2014 0,547  Theorical expected value  
29/01/2014 0,549  Theorical expected value  
30/01/2014 0,551  Theorical expected value  
31/01/2014 0,547  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 7/1/2014:

1 we.	2 we.	1 mo.	2 mo.
0,165	0,180	0,202	0,242
3 mo.	6 mo.	9 mo.	12 mo.
0,280	0,381	0,473	0,550

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)
0,174	0,186	0,207	0,246
3 m(av)	6 m(av)	9 m(av)	12m(a)
0,281	0,382	0,475	0,552

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

 

Published date: 7/1/2014 at 16:55