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mbs_m_pmtgpm

mbs_m_pmtgpm (routine)

Mortgage backed security - GPM - calculate the monthly payment

Introduced in release: 1.0
Component: US MBS
Purpose: Calculate the monthly payment for each year (based on 100) of the underlying graduated payment mortgage in a mortgage backed security

Results: The result is returned in the array ann_pays, with each element representing the monthly payment for that year, accurate to as many places as supported by a double precision value.

Error Conditions: Returned values should be ignored for a non-zero status. See Errors.

Last Mod Date: 04/04/1990© 2001 TIPS, Inc.Doc Version: 5.0