If you want to calculate the remaining balance of your home loan (just the principal, not the interest), you need to use a special financial math formula that accounts for amortization. The formula described below only works for a fixed rate mortgage, where no early payments are made. If ...
The formula I'd need is for excel to pull the remaining balance from the amortization calculator...counting from origination date, to todays date, and then also, hopefully, doing the calculations for the difference in payment based on a calculator of the current interest, an...
The weighted average maturity of anMBSis the weighted average of the remainingterms to maturityof the mortgagesunderlyingthecollateral poolat the dateissue, using as the weighting factor the balance of each of the mortgages as of the issue date. ...
Senior Target Amount With respect to each Distribution Date, an amount equal to the lesser of (a) the product of (i) 77.30% and (ii) the Aggregate Loan Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by wh...
Are Yin and Yang the two prime number prime time players that help set the stage for what is to come? I recently read a book by Dr. Peter Plichta called ‘God’s Secret Formula‘. PRIME NUMBER CROSS Plichta’s theory evolved to what he identified as the PNC, the Prime Number Cross....