The euribor in May, for the moment, rises with respect to the previous month. The average of its monthly value is -0.081%.

If the Euribor closed the month like this it would be the third consecutive monthly rise in the Euribor.

The annual difference in the event that the Euribor closed at this current value would experience an increase of 0.053 points.

Review of the mortgage: If the Euribor ended with this value of -0.081, and we had a mortgage loan for an average amount of 200,000 euros, a differential of 1.5% and a repayment term of 30 years, which until now supported a monthly fee of 678 euros, which when reviewed with the known Euribor today will get a rise of almost 5 euros a month, which is 60 a year.

Recall that the Euribor closed the month of April at -0.108%, that is, 0.158 points more than the previous month, when it stood at -0.266%.

The Euribor is the index to which most mortgages in Spain are referenced. This quote assumes that an average mortgage, which in Spain is 120,000 euros over 20 years, which is reviewed in April, will pay 0.2 euros more in its monthly installment, which will mean a difference of € 2 per year, since the Euribor It has risen 0.004 points compared to April 2019.

The Euribor started 2020 at -0.253%, with which, for the moment, it accumulates throughout the year an increase of 0.145 points, as can be seen in the following table and the accompanying charts.