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Home News Euribor August 2014

Euribor August 2014

0.48% on the 20 August 2014

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Euribor August 2014

On the 20 August 2014 we have got 14 Euribor values, taking into account the total of days banks have been active. If August closes with this value, the average Euribor would be 0.48, which means 0.062 points less compared with the Euribor of August last year.

How does this value affect mortgages?
If the Euribor closes at the end of August with an average value of 0.48%,  the monthly mortgage rate would be 3,32 Euros less for a mortgage of 120,000 euros with a period of 20 years and its annual revision due in August.

Source: http://www.hipotecasyeuribor.com/

 

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Euribor August 2014

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