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The Euribor October 2010 is more expensive compared to last year

All those who have to review the Euribor mortgage of October pay more to the bank. Euribor this last month closed at 1.495% versus 1.24% in the same month of 2009.

For a user who has a mortgage of 120,000 euros, to 25 years, with a spread of 0.5 points, this will mean an increase of about 15 euros, from 493 euros to 508 euros per month.

The upward trend for the seventh consecutive month Euribor has meant that in the past 12 months has increased by 0.252 points.

In http://www.finquesrubio.com/ custom can simulate how your monthly payment will vary in paragraph "Calculate your mortgage."