Euribor 2/10/2014 (12 months & other types)

Forecast of October average: 0,330 (Reliability: 8%)

Oficial value of day 2/10/14: 0,334 (-1,183%)

Comments: In this day decreases 4 thousands compared yesterday value (the minimum historical was on 2/10/14: 0,334) and practically all the rest of the Euribor types are lower compared yesterday values, the Euribor at 1 week that decreases 2 thousands: -0,016 (-14%). 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_
01/10/2014 0,338 =0,000 -> Reduction compared prev.day:=0,000%

02/10/2014 0,334 -0,004 -> Reduction compared prev.day:-1,183%

03/10/2014 0,334  Theorical expected value 

06/10/2014 0,333  Theorical expected value 

07/10/2014 0,333  Theorical expected value 

08/10/2014 0,333  Theorical expected value 

09/10/2014 0,332  Theorical expected value 

10/10/2014 0,332  Theorical expected value 

13/10/2014 0,331  Theorical expected value 

14/10/2014 0,331  Theorical expected value 

15/10/2014 0,330  Theorical expected value 

16/10/2014 0,330  Theorical expected value 

17/10/2014 0,330  Theorical expected value 

20/10/2014 0,329  Theorical expected value 

21/10/2014 0,328  Theorical expected value 

22/10/2014 0,328  Theorical expected value 

23/10/2014 0,327  Theorical expected value 

24/10/2014 0,327  Theorical expected value 

27/10/2014 0,326  Theorical expected value 

28/10/2014 0,326  Theorical expected value 

29/10/2014 0,326  Theorical expected value 

30/10/2014 0,327  Theorical expected value 

31/10/2014 0,327  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: 565,17 €.
Compared one year ago, in October'13 (0,541%): 582,35 €
Expected monthly savings will be: 17 €. 
Expected yearly savings will be:  206 € (-2,95%) 
 

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

 

Euribor from 1 week to 12 months of 2/10/2014:

1 we.	2 we.	1 mo.	2 mo.
-0,016	-0,014	0,006	0,041
3 mo.	6 mo.	9 mo.	12 mo.
0,081	0,180	0,249	0,334

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)
-0,015	-0,013	0,006	0,042
3 m(av)	6 m(av)	9 m(av)	12m(a)
0,082	0,181	0,250	0,336

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

 

Published date: 2/10/2014 at 13:55