Research Article
Research on Interest Rate Risk of Housing Mortgage Loan Based on Computer Simulation
Table 1
Parameters and significance.
| | Parameter | Significance |
| | Repayment of phase t | | Loan balance of phase t − 1 | | 7-day interbank offered rate | | Mortgage interest rate | | Total loan term | | Prepayment rate of phase t | | Repayment of phase t | | Interest payable of phase t | | Principal repayment amount of phase t | | Prepayment amount of phase t | | Outstanding part of t + 1 principal | | Cash flow from loans of phase t |
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