Tuesday, 6 May 2014

Euribor 6/5/2014 (12 months & other types)

Forecast of May average: 0,614 (Reliability: 13%)
Oficial value of day 6/5/14: 0,613 (=)
 
Comments: Today repeats value and all the rest of the Euribor types are similar compared yesterday values, the Euribor at 1 week decreases one thousand: 0,219 (-0,4%). 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_
0
2/05/2014 0,612 -0,002 -> Reduction compared prev.day:-0,326%
05/05/2014 0,613 +0,001 -> Increase compared previ. day:+0,163%
06/05/2014 0,613 =0,000 -> Reduction compared prev.day:=0,000%
07/05/2014 0,612  Theorical expected value
08/05/2014 0,611  ECB, not expected changes(=0,25%)
09/05/2014 0,612  Theorical expected value
12/05/2014 0,613  Theorical expected value
13/05/2014 0,613  Theorical expected value
14/05/2014 0,613  Theorical expected value
15/05/2014 0,613  Theorical expected value
16/05/2014 0,611  Theorical expected value
19/05/2014 0,614  Theorical expected value
20/05/2014 0,615  Theorical expected value
21/05/2014 0,616  Theorical expected value
22/05/2014 0,616  Theorical expected value
23/05/2014 0,617  Theorical expected value
26/05/2014 0,617  Theorical expected value
27/05/2014 0,618  Theorical expected value
28/05/2014 0,617  Theorical expected value
29/05/2014 0,618  Theorical expected value
30/05/2014 0,617  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:
588,34 €.
Compared one year ago, in May'13 (0,484%): 577,63 €
Expected monthly extra expenses will be: 10,71 €.
 
Expected yearly extra expenses will be:  129 
(+1,85%
 
(The monthly payments are calculated using the french metod type)
 
Euribor from 1 week to 12 months of 6/5/2014:

1 we. 2 we. 1 mo. 2 mo.
0,219 0,231 0,257 0,297
3 mo. 6 mo. 9 mo. 12 mo.
0,337 0,438 0,524 0,613

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)
0,221 0,232 0,258 0,297
3 m(av) 6 m(av) 9 m(av) 12m(a)
0,336 0,437 0,523 0,613

Note: On right you have a small application where you can calculate your mortgage monthly payment.
 
Published date: 6/5/2014 at 13:55

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