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Prepayment for a Month in Financial Formulas
Prepayment for a Month refers to the amount of principal on a loan or a pool of loans that is paid off ahead of the scheduled payments within a specific month. And is denoted by PFM.
Financial formulas that make use of Prepayment for a Month
f
x
Single Month Mortality
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FAQ
What is the Prepayment for a Month?
Prepayment for a Month refers to the amount of principal on a loan or a pool of loans that is paid off ahead of the scheduled payments within a specific month.
Can the Prepayment for a Month be negative?
{YesorNo}, the Prepayment for a Month, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.
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