Closed yellowbean closed 1 year ago
Penalty on prepayment is an extra type of cashflow yield from pool, which will be deposited into accounts.
There are couple types of prepay penalty :
Fix/Flat amount during period
Fixed Pct during period
Multi-Pct during period -> x/y/z %pct of each year 1 ,2,3 , with prepayment amount as base to multiply with
Sliding scale -> start with x% and decrease every y% each month
N Month interest
Yield Maintenance (x)
Defeasance (x)
Done with a6f119aeff926ecdb6a7a37c2be29ff42446d871
Penalty on prepayment is an extra type of cashflow yield from pool, which will be deposited into accounts.
There are couple types of prepay penalty :
Fix/Flat amount during period
Fixed Pct during period
Multi-Pct during period -> x/y/z %pct of each year 1 ,2,3 , with prepayment amount as base to multiply with
Sliding scale -> start with x% and decrease every y% each month
N Month interest
Yield Maintenance (x)
Defeasance (x)