Tuesday 1 July 2014

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

Forecast of July average: 0,486 (Reliability: 4%)
Oficial value of day 1/7/14: 0,488 (=)

Comments: In this day repeats value and practically all the rest of the Euribor types with lower datas compared yesterday values, the Euribor at 1 week that decreases one thousand: 0,051 (-1,9%). 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
1/07/2014 0,488 =0,000 -> Reduction compared prev.day:=0,000%
02/07/2014 0,487  Theorical expected value 
03/07/2014 0,487  ECB, not expected changes(=0,15%)  
04/07/2014 0,486  Theorical expected value 
07/07/2014 0,487  Theorical expected value 
08/07/2014 0,486  Theorical expected value 
09/07/2014 0,487  Theorical expected value 
10/07/2014 0,487  Theorical expected value 
11/07/2014 0,487  Theorical expected value 
14/07/2014 0,487  Theorical expected value 
15/07/2014 0,486  Theorical expected value 
16/07/2014 0,485  Theorical expected value 
17/07/2014 0,484  Theorical expected value 
18/07/2014 0,484  Theorical expected value 
21/07/2014 0,484  Theorical expected value 
22/07/2014 0,485  Theorical expected value 
23/07/2014 0,485  Theorical expected value 
24/07/2014 0,486  Theorical expected value 
25/07/2014 0,486  Theorical expected value 
28/07/2014 0,486  Theorical expected value 
29/07/2014 0,485  Theorical expected value 
30/07/2014 0,484  Theorical expected value 
31/07/2014 0,484  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:
577,79 €.
Compared one year ago, in July'13 (0,525%): 581,02 €
Expected monthly savings will be: 3,23 €.
 
Expected yearly savings will be:  39 
(-0,56%
 
(The monthly payments are calculated using the french metod type)
 
Euribor from 1 week to 12 months of 1/7/2014:

1 we. 2 we. 1 mo. 2 mo.
0,051 0,061 0,098 0,156
3 mo. 6 mo. 9 mo. 12 mo.
0,206 0,302 0,395 0,488

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)
0,051 0,061 0,098 0,156
3 m(av) 6 m(av) 9 m(av) 12m(a)
0,206 0,302 0,395 0,488

Note: On right you have a small application where you can calculate your mortgage monthly payment.
 
Published date: 1/7/2014 at 13:55

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