[snip]
[snip]
This seems like a somewhat standard calculation for loans and
interest
bearing accounts. Does anyone know how to calculate the
graduation
factor? I've been able to figure out it's based off the loan
term, loan balance, and initial interest rate.
[/snip]
It is called amortization
[/snip]

Tuesday 19 September 2006 10:25, Jay Blanchard wrote:
[snip]
[snip]
This seems like a somewhat standard calculation for loans and
interest
bearing accounts. Does anyone know how to calculate the
graduation
factor? I've been able to figure out it's based off the loan
term, loan balance, and initial interest rate.
[/snip]
It is called amortization
[/snip]

Ah, I've already used that to construct my amortization table for the standard
repayment type, but this repayment type was a bit different in that the
payment changes, and I had to find out the rate of that change. I think what
I was looking for was:

%28business%29

Thanks for the help

Tuesday 19 September 2006 10:34, Ray Hauge wrote:
%28business%29

Actually, I"m not so sure that's what I was looking for. These loans are
student loans, which differ slightly from mortgage loans. Usually the market
determines the adjustment in an ARM loan, but these have to increase payment
steadily so that the loan is still paid off by the end of the year.

At least I think I'm on the right track now.

Tuesday 19 September 2006 10:38, Ray Hauge wrote:
Tuesday 19 September 2006 10:34, Ray Hauge wrote:
%28business%29

Actually, I"m not so sure that's what I was looking for. These loans are
student loans, which differ slightly from mortgage loans. Usually the
market determines the adjustment in an ARM loan, but these have to increase
payment steadily so that the loan is still paid off by the end of the year.

I meant paid off at the end of the term