Calculate monthly balance and payment arrays for a graduated payment mortgage - cash flow method
Introduced in release: 1.0 Component: US MBS Purpose:
Calculates the monthly balances and payments for a graduated payment mortgage backed security.
Results:
Results are returned in two arrays: bals contains the balances, and pays contains the payments. There are a maximum of 600 elements in each array. All values are 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.