Scheduled Principal Repayment for Month in Financial Formulas

Scheduled Principal Repayment for Month refers to the portion of a borrower’s monthly mortgage payment that is allocated to reducing the outstanding principal balance of the loan. And is denoted by SPR.

Financial formulas that make use of Scheduled Principal Repayment for Month

fxSingle Month MortalityGo

FAQ

What is the Scheduled Principal Repayment for Month?

Scheduled Principal Repayment for Month refers to the portion of a borrower’s monthly mortgage payment that is allocated to reducing the outstanding principal balance of the loan.

Can the Scheduled Principal Repayment for Month be negative?

{YesorNo}, the Scheduled Principal Repayment for Month, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.

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