Single Month Morality in Financial Formulas

Single Month Morality refers to the prepayment rate of a loan pool for a single month. And is denoted by SMM.

Formulas to find Single Month Morality in Financial

fxSingle Month MortalityGo

fx Prepayment for a Month Go

fx Beginning Mortgage Balance for Month Go

fx Scheduled Principal Repayment for Month Go

What is the Single Month Morality?

Single Month Morality refers to the prepayment rate of a loan pool for a single month.

Can the Single Month Morality be negative?

{YesorNo}, the Single Month Morality, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.

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