Wednesday 5 November 2014

Euribor 5/11/2014 (12 months & other types)

Forecast of November average: 0,338 (Reliability: 15%)
Oficial value of day 5/11/14: 0,337 (-0,296%)

Comments: In this day decreases one thousand 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 4 thousands: -0,018 (-28'5%). 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 0,337 -0,001 -> Reduction compared prev.day:-0,296%
06/11/2014 0,336  ECB, not expected changes(=0,05%)      
07/11/2014 0,335  Theorical expected value   
10/11/2014 0,335  Theorical expected value   
11/11/2014 0,334  Theorical expected value   
12/11/2014 0,335  Theorical expected value   
13/11/2014 0,336  Theorical expected value   
14/11/2014 0,337  Theorical expected value   
17/11/2014 0,335  Theorical expected value   
18/11/2014 0,336  Theorical expected value   
19/11/2014 0,337  Theorical expected value   
20/11/2014 0,334  Theorical expected value   
21/11/2014 0,336  Theorical expected value   
24/11/2014 0,338  Theorical expected value   
25/11/2014 0,338  Theorical expected value   
26/11/2014 0,338  Theorical expected value   
27/11/2014 0,338  Theorical expected value   
28/11/2014 0,337  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 5/11/2014:

1 we. 2 we. 1 mo. 2 mo.
-0,018 -0,009 0,009 0,045
3 mo. 6 mo. 9 mo. 12 mo.
0,081 0,184 0,258 0,337

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 -0,007 0,009 0,048
3 m(av) 6 m(av) 9 m(av) 12m(a)
0,083 0,186 0,260 0,338

Note: On right you have a small application where you can calculate your mortgage monthly payment.
 
Published date: 5/11/2014 at 13:55

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