Euribor 5 December 2017

Euribor y Hipotecas

On the 5 December 2017 we have got 2 Euribor values, taking into account the total of days banks have been active. If December closes with this value, the average Euribor would be -0.189% which means 0.108 points less compared with the Euribor of December last year.

How does this value affect mortgages?

If the Euribor closes at the end of December with a standard value of -0.189%, a mortgage of 120,000 € over a 20-year term, with its annual revision in December would see a reduction in monthly payments of 5.60€.

Source: http://www.hipotecasyeuribor.com

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