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Scheduled Principal Repayment for Month in Financial Formulas
Scheduled Principal Repayment for Month refers to the portion of a borrower’s monthly mortgage payment that is allocated to reducing the outstanding principal balance of the loan. And is denoted by SPR.
Financial formulas that make use of Scheduled Principal Repayment for Month
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Single Month Mortality
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FAQ
What is the Scheduled Principal Repayment for Month?
Scheduled Principal Repayment for Month refers to the portion of a borrower’s monthly mortgage payment that is allocated to reducing the outstanding principal balance of the loan.
Can the Scheduled Principal Repayment for Month be negative?
{YesorNo}, the Scheduled Principal Repayment for Month, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.
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