Assume an investor has invested in a mortgage pool with $$100,000$ principal balance outstanding. The scheduled monthly principal payment is $$28\mathrm{.}61$

If the single month mortality rate is $\mathrm{.}5143\%,$ what is the estimated prepayment for the month?

Assume an investor has invested in a mortgage pool with $$100,000$ principal balance outstanding. The scheduled monthly principal payment is $$28\mathrm{.}61$

If the single month mortality rate is $\mathrm{.}5143\%,$ what is the estimated prepayment for the month?