mbsnoprepay
End-of-month mortgage cash flows and balances without prepayment
Description
[
computes end-of-month mortgage balance, interest payments, principal payments, and
cash flow payments with zero prepayment rate. Balance
,Interest
,Payment
,Principal
] = mbsnoprepay(OriginalBalance
,GrossRate
,Term
)
mbsnoprepay
returns amortizing cash flows and balances over a
specified term with no prepayment. When the lengths of pass-throughs are not the
same, MATLAB® software pads the shorter ones with NaN
.
Examples
Input Arguments
Output Arguments
Version History
Introduced before R2006a