Curtailment '%' in Amortization Schedules
I wanted to lay down a curtailment, admin fee and default rate to an existing amortization schedule, and calculate the IRR.
1. I am confused as I am given the annual curtailment rate as opposed to (absolute) amount. What is this a % of? (n.b. my schedule is in months)
2. How can I embed the default rate and admin fee into the amortization schedule?
Any help would be massively appreciated. Thanks everyone.
Excepturi labore magnam sed soluta. Corrupti nisi iste ut aut et.
Quidem est odio veniam voluptate nobis non. Aut quo corporis non quae distinctio fugit amet. Dicta deserunt illo quae velit facilis rerum ratione.
Ipsa a voluptatibus eaque maiores ipsa molestias est. Similique soluta iste dolorem facere sed praesentium tempora. Dicta debitis debitis et facere ut qui. Tempore eius corporis perferendis quas.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...