Mortgage Note Yield Calculator
Mortgage Note Yield: a planned Super Calculator tool. Covers note balance (currency), note rate (%) and remaining term (months). Stub page. Not published yet.
Mortgage Note Yield Calculator is a planned calculator in the finance section of Super Calculator, covering other lending.
What this calculator will compute
Inputs: note balance (currency), note rate (%), remaining term (months), purchase price (currency), balloon (currency) and payments purchased.
Outputs: yield to maturity (%), discount (currency), present value of the strip (currency) and price for a target yield (currency).
Formula, recorded as scope and not yet verified against a primary source: Yield to the note buyer = IRR of the purchase price against the remaining payment stream and any balloon, so buying a note at a discount raises the yield above the note rate. Partial purchases of a payment strip are valued as the present value of the purchased periods only.
Status
This page is a stub. The calculator is not built, no figure on this page has been verified against the authority that sets it, and nothing here should be used to make a decision. The page exists so that the site structure is complete and so that articles can link this concept on first mention.
The stub carries noindex, nofollow and is excluded from the sitemap.