Euribor 4/11/2014 (12 months & other types)

Forecast of November average: 0,338 (Reliability: 10%)

Oficial value of day 4/11/14: 0,338 (-0,295%)

Comments: In this day decreases 2 thousands compared yesterday value (the minimum historical was on 9/10/14: 0,332) and practically all the rest of the Euribor types with slightly changes compared yesterday values, the Euribor at 1 week decreases 2 thousands: -0,014 (-16'6%). The next update will be done the next day around 13:50 hours. 

 

(At the end of this info. you will find Euribor from 1 week to 11 months)

 

__Date___Interest rate_
03/11/2014 0,339 -0,001 -> Reduction compared prev.day:-0,294%

04/11/2014 0,338 -0,001 -> Reduction compared prev.day:-0,295%

05/11/2014 0,339  Theorical expected value  

06/11/2014 0,338  ECB, not expected changes(=0,05%)    

07/11/2014 0,337  Theorical expected value  

10/11/2014 0,337  Theorical expected value  

11/11/2014 0,336  Theorical expected value  

12/11/2014 0,337  Theorical expected value  

13/11/2014 0,338  Theorical expected value  

14/11/2014 0,339  Theorical expected value  

17/11/2014 0,337  Theorical expected value  

18/11/2014 0,338  Theorical expected value  

19/11/2014 0,339  Theorical expected value  

20/11/2014 0,336  Theorical expected value  

21/11/2014 0,338  Theorical expected value  

24/11/2014 0,340  Theorical expected value  

25/11/2014 0,340  Theorical expected value  

26/11/2014 0,340  Theorical expected value  

27/11/2014 0,340  Theorical expected value  

28/11/2014 0,339  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: 565,65 €.
Compared one year ago, in November'13 (0,506%): 565,65 €
Expected monthly savings will be: 14 €. 
Expected yearly savings will be:  166 € (-2,38%) 
 

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

 

Euribor from 1 week to 12 months of 4/11/2014:

1 we.	2 we.	1 mo.	2 mo.
-0,014	-0,006	0,009	0,049
3 mo.	6 mo.	9 mo.	12 mo.
0,084	0,186	0,261	0,338

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)
-0,013	-0,006	0,010	0,050
3 m(av)	6 m(av)	9 m(av)	12m(a)
0,085	0,188	0,262	0,339

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

 

Published date: 4/11/2014 at 13:55