标题: absolute payment speed formula [打印本页] 作者: BC_MBA_student 时间: 2011-7-13 13:25 标题: absolute payment speed formula
do we need to know this? it's not listed in the LOS in R58. any thoughts? thx.作者: Analyze_This 时间: 2011-7-13 13:25
no not needed作者: FinancialAnaly 时间: 2011-7-13 13:25
How do you know it's not needed? It's in the book. The LOS's don't tell you everything.
Edited 1 time(s). Last edit at Thursday, May 26, 2011 at 01:32PM by Dreary.作者: ningning1984 时间: 2011-7-13 13:25
the LOS says describe, not calculate so......its up to you haha.
Its not too hard of a formula, SMM = ABS/(1-ABS(Months-1))作者: Otabek 时间: 2011-7-13 13:25
well i know it as the prepayment based on the ORIGINAL loan amount and the SMM based on the remaining balance. so i know the difference between the two, but i don't bother knowing how to calculate ABS exactly.
this was my feeling... is it really necessary to calc it or just know its difference from SMM.
