Mortgage Payment Calculation with Prepayment Analysis
This app provides users with easy to-do mortgage analytics
including:
Mortgage payment scenario analysis based on mortgage terms
Analyze how prepayments will affect your mortgage payment schedule
Mortgage investors can analyze prepayment risk
Mortgage Payment
Use the user interface to determine the ideal mortgage terms base
on monthly payment.
Users can change:
Mortgage Size
Mortgage Rate
Payment Frequency
Mortgage Term
Example:
A $150,000 with monthly payments for 30 years at a 6% annual rate would be:
[1] 899.3258
Conduct Prepayment Analysis
Homebuyers and investors alike can perform prepayment scenario analysis
using two different models.
The first is the Public Securities Administration's PSA model, which is a
standard industry benchmark. Users can change prepayment speed assumptions to
compare faster or slower prepayment speeds to the base benchmark.
The second is the one the users can specify themselves.
