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Break even payment rate |
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Break even payment rateThe prepayment rate of an MBS coupon that will produce the same cash flow yield (CFY) as that of a predetermined benchmark MBS coupon. Used to identify for coupons higher than the benchmark coupon the prepayment rate that will produce the same cash flow yield (CFY) as that of the benchmark coupon; and for coupons lower than the benchmark coupon the lowest prepayment rate that will do so.Break even payment rate Similar MatchesPayment of balancePayment of balanceThis usually takes place between a week and a month after exchanging contracts. It is possible to have a simultaneous exchange and completion if you are in a real hurry to get moving. When you complete the sale, your solicitor forwards the remaining balance of the purchase price to the seller's solicitor. You then have the right to take occupancy of the property and are free to move in. Payment datePayment dateThe date on which shareholders of record will be sent a check for the declared dividend. Immediate payment annuityImmediate payment annuityAn annuity contract paid by a single payment and with a specified payment plan the starts immediately after the contract is purchased. Documents against paymentDocuments against paymentShipping documents that are released to the buyer once the buyer has paid for the draft. Deficiency PaymentDeficiency PaymentPayment to a producer of an amount equal to the difference between a guaranteed price and the market price, with the latter often determined on the world market. A form of subsidy to production. Further SuggestionsBalloon PaymentPIK (Payment in kind) securities Repayment mortgage Balance of payments equilibrium Payment default Payment shock Periodic payment plan Payment Cap Monthly repayment Payment gateway Prepayment speed Facilitating payment Standard payment calculation Prepayments FHA prepayment experience Payment in kind (PIK) bond Single payment bond Overpayment balance of payments clearing house interbank payment system Prepayment penalty Mortgage payment protection insurance (MPPI) Balance of payments Balance of payments adjustment mechanism Method of payment |
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