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_
01/07/2014 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