How much cash will be passed through to investors in month

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Given an MPT with a starting pool balance of $100,000, 30 year FRMs, monthly payments, servicing fee 0.5%, mortgage rate 9.5%, and prepayment PSA 100, answer the following questions:

A: Given that the starting balance in month 4 is $99,751, what is dollar amount of prepayment in month 4?

B: How much of the month 4 payment received by the issuer is attributable to principal? To interest?

C: How much cash will be passed through to investors in month 4?

D: What is the pool balance at the end of month 4?

E: Given that the starting balance in month 211 is $27,905, what is the dollar amount of prepayment in month 211? What is the SMM for month 211?

Reference no: EM131043516

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