EURIBOR UPDATE: January 2015

Friday, 30 January 2015

Euribor 30/1/2015 & final value of January average

Final value of January average: 0,298

Oficial value of day 30/1/2015: 0,270 (-0,37%)

Comments: Today decreases one thousand and practically all of the Euribor types with lower or equal datas compared yesterday values. Coming soon this value will be confirmed by European Central Bank or by the Bank of each country.

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

__Date___Interest rate_
02/01/2015 0,323 -0,002 -> Reduction compared prev.day:-0,615%

05/01/2015 0,321 -0,002 -> Reduction compared prev.day:-0,619%

06/01/2015 0,319 -0,002 -> Reduction compared prev.day:-0,623%

07/01/2015 0,319 =0,000 -> Reduction compared prev.day:=0,000%

08/01/2015 0,319 =0,000 -> Reduction compared prev.day:=0,000%

09/01/2015 0,318 -0,001 -> Reduction compared prev.day:-0,313%

12/01/2015 0,317 -0,001 -> Reduction compared prev.day:-0,314%

13/01/2015 0,318 +0,001 -> Reduction compared prev.day:+0,315%

14/01/2015 0,315 -0,003 -> Reduction compared prev.day:-0,943%

15/01/2015 0,313 -0,002 -> Reduction compared prev.day:-0,635%

16/01/2015 0,299 -0,014 -> Reduction compared prev.day:-4,473%

19/01/2015 0,289 -0,010 -> Reduction compared prev.day:-3,344%

20/01/2015 0,284 -0,005 -> Reduction compared prev.day:-1,730%

21/01/2015 0,283 -0,001 -> Reduction compared prev.day:-0,352%

22/01/2015 0,282 -0,001 -> Reduction compared prev.day:-0,353%

23/01/2015 0,275 -0,007 -> Reduction compared prev.day:-2,482%

26/01/2015 0,277 +0,002 -> Increase compared prev. day:+0,727%

27/01/2015 0,277 =0,000 -> Increase compared prev. day:=0,000%

28/01/2015 0,273 -0,004 -> Reduction compared prev.day:-1,444%

29/01/2015 0,271 -0,002 -> Difference compared previous day:-0,733%

30/01/2015 0,270 -0,001 -> Difference compared previous day:-0,369%

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: 562,40€.
Compared one year ago, in January'14 (0,562%): 584,09 €
Expected monthly savings will be: 22 €.
Expected yearly savings will be: 260 € (-3,71%)

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

Euribor from 1 week to 12 months of 30/1/2015:

1 we.	2 we.	1 mo.	2 mo.
-0,024	-0,016	0,001	0,023
3 mo.	6 mo.	9 mo.	12 mo.
0,054	0,132	0,202	0,270

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)
-0,035	-0,024	0,005	0,032
3 m(av)	6 m(av)	9 m(av)	12m(a)
0,063	0,152	0,224	0,298

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

Published date: 30/1/2015 at 13:55

Thursday, 29 January 2015

Euribor 29/1/2015 (12 months & other types)

Forecast of January average: 0,298 (Reliability: 95%)

Oficial value of day 29/1/15: 0,271 (-0,733%)

Comments: In this day decreases 2 thousands making a new minimum historical (the minimum historical was on 29/1/15: 0,271) and practically all the rest of the Euribor types with slightly changes compared previous day values, except the Euribor at 1 week day that repeats value: -0,014 (+22%). The next update will be done the next working day around 14:00 hours.