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ok_m_inc_bal

ok_m_inc_bal (routine)

Validate a given number of months that the balance increases for a mortgage

Introduced in release: 1.0
Component: US MBS
Purpose: Tests the given number of months that the balance increases on a graduated payment mortgage. It must be greater than or equal to zero and less than or equal to the number of months from issue date to maturity date.

Results: The value of the function is true (1) if the number of months is valid The value of the function is false (0) if the number of months is invalid The variable status will contain the reason it is invalid

Error Conditions: The variable status contains a non zero value upon returning from the function when the input contains an error.

 6701 = number of months < 0
 6702 = number of months > number of months from issue date to maturity date

Last Mod Date: 03/01/1990© 2001 TIPS, Inc.Doc Version: 5.0