Mibor

The MIBOR to one year is the reference most used in the mortgage loans to variable type. Coloquialmente can be defined as the type which the financial institutions they give money between themselves on the interbank market of Madrid. For it, it is natural that there adds a differential to itself the MIBOR to, since there the profit of the Bank is, the Bank receives money to the MIBOR and it is given to the MIBOR more by the differential, which is his profit.
He forms from the simple arithmetical average of the daily interest rates to which operations have crossed in term of one year on the interbank market, during the working days of the corresponding legal month. From the crossed operations there are excluded those realized to types clearly removed from the general keynote of the market.
The daily types form in turn the average types considered by the amount of the operations realized in this term during the day.
This type has a big volatile nature and it is very exact to the reality of the market.
The Mibor exists also for fixed-term deposits of six months, of three months …, but these are less used.

Although Mibor Hipotecario has stopped having the consideration of type of official reference of the mortgage market to the loans formalized with posteriority on January 1, 2000, there exists an important portfolio of living loans indexed to the above mentioned index.

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# 1, lola

On March 17, 2008, at 14:11.

I would like knowing the last mibor published for a review of a mortgage ptmo on the 31st 01 2008. And to what day does it obey exactly

# 2, lola

On March 17, 2008, at 14:13.

I would like to know which it is the Mibor that is taken into consideration for a review of a mortgage ptmo on the 31st 01 2008. As you register last published and I want to know which was last published and to what day it was obeying

# 3, lola

On March 17, 2008, at 14:14.

I want to know which there is the last mibor published for a ptmo with review the 31st 01 2008, and to what day it obeys

# 4, ivan

On April 4, 2008, at 19:22.

hello I have a mortgage from July, 2005 until 30 years for 240.000 euros, the first year paque 765, the second one 855, and now 970 euros, last year I did the first capital amortization on time and reduced 16 months with 4000 euros, before there comes August that is the month that will pay the new amount I will do another amortization also to shorten time of 4000 more euros, saiendo this, you can say to me if the quota of the following year will raise me very much, I have the differential of 0,75 thank you

# 5, santaclara

On April 5, 2008, at 11:48.

The last mibor published in this date is the correspondent to December, 2007 and the Boe was published on January 21-23. If you want to insure yourself of the day verify it on the page of the bank of Spain.

# 6, Bernabe

On April 24, 2008, at 23:41.

I have left that to pay of a mortgage 50000 €, I have this quantity to liquidate it, have it almost always to a 1 % of interest below the % of the mortgage and lose a 1 %: what me aconcejan me is profitable to liquidate it, 0 % of commission of cancellation? GREETINGS

# 7, tabur

On April 25, 2008, at 1:00.

hello, I would like knowing if there exist possibilities of changing a mortgage with euribor to multicurrency into the same bank

# 8, Javier

On July 15, 2008, at 1:51.

Hello

It is very easy. He calculates the interests that you pay every year that you have left and it aims at this number.
(interest x year) x remaining years
- (less)
what you eliminate tax in Treasury Department on interests if you invest this money.

You will see that you will pay more a year than what you can extract for owing a mortgage.

Now yourself, depend if you want descapitalizarte and not to owe anything or to keep on enriching to the bank with your money.

Greetings

-2

# 9, Javier

On July 15, 2008, at 1:52.

My answer is for you BERNABÉ

# 10, Vinuesa

On July 28, 2008, at 12:19.

Does anybody know where it is possible to look at the daily Mibor?

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