Euribor 2/3/2011 (12 months & other types)

Forecast of March average: 1,780 (Reliability: 8%)
Oficial value of day 2/3/11: 1,775 (+0,113%)

 

Comments: Today the Euribor at 1 week it's a 1% lower than yesterday, we will see if the trend continues or is an adjustment of one day. The lightly increase of inflation of Euro Zone make's every day a little pressure to ECB, and every day it's more near an increase of official interest rate in Euro Zone. The next update will be done tomorrow at latest at 13:10 hours.

 

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

 

__Date___Interest rate_
1/3/2011 1,773 +0,006 -> Increase compared preve. day:+0,340%
2/3/2011 1,775 +0,002 -> Increase compared preve. day:+0,113%
3/3/2011 1,776  ECB, not expected changes(=1%)  
4/3/2011 1,777  Theorical expected value                
7/3/2011 1,776  Theorical expected value                
8/3/2011 1,777  Theorical expected value                
9/3/2011 1,776  Theorical expected value                
10/3/2011 1,777  Theorical expected value                
11/3/2011 1,778  Theorical expected value                
14/3/2011 1,777  Theorical expected value                
15/3/2011 1,778  Theorical expected value                
16/3/2011 1,779  Theorical expected value                
17/3/2011 1,780  Theorical expected value                
18/3/2011 1,781  Theorical expected value                
21/3/2011 1,782  Theorical expected value                
22/3/2011 1,781  Theorical expected value                
23/3/2011 1,783  Theorical expected value                
24/3/2011 1,785  Theorical expected value                
25/3/2011 1,787  Theorical expected value                
28/3/2011 1,789  Theorical expected value                
29/3/2011 1,791  Theorical expected value                
30/3/2011 1,790  Theorical expected value                
31/3/2011 1,791  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: 690,80
Compared one year ago, in March'10 (1,215%): 639,96 €
Expected monthly extra expenses will be: 50,84
Expected yearly extra expenses will be:  610€ (+7,94) 
 

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

 

Euribor from 1 week to 12 months of 2/3/2011:

 

1 we.	2 we.	3 we.	1 mo.	2 mo.	3 mo.	4 mo.
0,698	0,779	0,831	0,865	0,958	1,095	1,185
5 mo.	6 mo.	7 mo.	8 mo.	9 mo.	10 mo.	11 mo.
1,276	1,381	1,444	1,513	1,584	1,644	1,706
12 mo.
1,775

 

Real average of Euribor of the current month from 1 week to 12 months:

 

1 w(av)	2 w(av)	3 w(av)	1 m(av)	2 m(av)	3 m(av)	4 m(av)
0,702	0,779	0,832	0,866	0,959	1,096	1,185
5 m(av)	6 m(av)	7 m(av)	8 m(av)	9 m(av)	10m(av)	11m(av)
1,276	1,382	1,444	1,513	1,583	1,643	1,705
12m(av)
1,774

 

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

 

Published date: 2/3/2011 at 13:10